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, a professor of economics in the , and Dr. , a professor of mathematics in the  combined forces to fix one of the largest auctions in history. 

Dr. Katzman, who also serves as associate dean of research and chair of the , focuses his research in the areas of game theory, microeconomics, and more specifically, auction and bargaining.

Dr. Ellermeyer, who also serves as chair of the , conducts research in the areas of differential equations, dynamical systems, mathematical modeling and more recently, game theory and auction theory. 

Auctions are used to sell goods and procure services world wide.  Auction theory has been developed as a branch of economics to study bidding behavior and auction design by applying game theory. The research of Dr. Katzman and Dr. Ellermeyer uses auction theory to identify fatal flaws in the largest auction ever conducted: the multi-billion dollar Medicare auction.