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Auctions: Theory and Practice
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Auctions: Theory and Practice
by Paul Klemperer
Publisher: Princeton University Press 2004
ISBN/ASIN: 0691114269
ISBN-13: 9780691114262
Number of pages: 256
Description:
This book is a non-technical introduction to auction theory; its practical application in auction design (including many examples); and its uses in other parts of economics. Part A introduces the basic theory. Part B shows how modern auction-theoretic tools illuminate a range of mainstream economic questions that are superficially unconnected with auctions. Part C discusses practical auction design. Part D describes the one-hundred-billion dollar 3G mobile-phone license auctions.