Auctions by Paul Klemperer - ISBN: 9780691119250
Paperback
Offers a non-technical introduction to auction theory, and emphasises its practical application. This book discusses the successes and failures of the one-hundred-billion dollar “third-generation” mobile-phone license auctions. It also demonstrates the power of auction theory to explain unconnected issues.

Auctions

Theory and Practice

$174.84

  • Paperback

    264 pages

  • Release Date

    7 June 2004

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Summary

Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world’s most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics. Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emp…

Book Details

ISBN-13:9780691119250
ISBN-10:0691119252
Author:Paul Klemperer
Publisher:Princeton University Press
Imprint:Princeton University Press
Format:Paperback
Number of Pages:264
Release Date:7 June 2004
Weight:372g
Dimensions:152mm x 235mm
Series:The Toulouse Lectures in Economics
A-Format
B-Format
C-Format
Auctions by Paul Klemperer - ISBN: 9780691119250
152 × 235 mm
A4
mm / in
What They're Saying

Critics Review

“As a leader in auction-theory research and as a leading practitioner of auction design, Paul Klemperer is the best person to write the definitive book on auctions in theory and practice. This book ties together material on what economists should learn from auction theory, and on what auction theorists should learn from practical experience in auction design.” - Roger B. Myerson, University of Chicago; “Paul Klemperer is one of the leaders in auction design worldwide. His emphasis in recent years on some of the more practical aspects of the theory - how to attract bidders, how to avoid collusion, how to think about government policy goals in designing public auctions - is particularly innovative. Klemperer’s work will be very influential in the coming years.” - Jeremy Myorson, Stanford University”

About The Author

Paul Klemperer

Paul Klemperer is the Edgeworth Professor of Economics at Oxford University and a Fellow of the British Academy and of the Econometric Society.

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