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🔨 Auction Dynamics (2D)

2D auction-theory lab: run English, Dutch, first-price sealed-bid and Vickrey auctions against bidders with private valuations, and watch revenue, efficiency and surplus converge toward the Revenue Equivalence Theorem.

Economics & Social Systems2DModerate60 FPS📱 Mobile-adapted⇄ 3D version

This 2D companion drives the same four auction mechanisms as the 3D version — English ascending, Dutch descending, first-price sealed-bid and Vickrey second-price — through a plain canvas dashboard built for reading the numbers rather than orbiting a scene: a side panel exposes auction type, bidder count, the value distribution, round count and playback speed, bidder cards reveal each private valuation against the bid actually submitted once a round resolves, and a running revenue-history chart with a live average line lets you watch the Revenue Equivalence Theorem hold — or fail to — as efficiency and winner surplus accumulate across many rounds.

⚙ Under the hood

2D auction-theory lab running English, Dutch, first-price sealed-bid and Vickrey mechanisms against bidders drawn from a chosen valuation distribution, tracking average revenue, allocative efficiency and winner surplus round by round.

auction theoryenglish auctiondutch auctionvickrey auctionmechanism designrevenue equivalence

2D · HTML5 Canvas 2D · 60 FPS target · runs fully client-side, no install