Auctions: Theory and Practice
AbstractThis 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. It can be used for a graduate course on auction theory, or â€“ by picking selectively â€“ an advanced undergraduate or MBA course on auctions and auction design. 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. None of the writing is technical, except in the Appendices.
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Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 2004-W09.
Date of creation: 01 May 2004
Date of revision:
Auctions; Bidding; Auction Theory; Mechanism Design; Telecommunications; Spectrum Auctions; 3G; UMTS;
Other versions of this item:
- Paul Klemperer, 2004. "Auctions: Theory and Practice," Online economics textbooks, SUNY-Oswego, Department of Economics, SUNY-Oswego, Department of Economics, number auction1, Spring.
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
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