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Auctions: Theory and Practice
Paul Klemperer
€ 81.96
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Description for Auctions: Theory and Practice
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. Series: Toulouse Lectures in Economics S. Num Pages: 264 pages, Illustrations. BIC Classification: KC; KNPR. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 237 x 156 x 21. Weight in Grams: 352.
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 emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses ... Read more
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 emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses ... Read more
Product Details
Publisher
Princeton University Press United States
Number of pages
264
Format
Paperback
Publication date
2004
Series
Toulouse Lectures in Economics S.
Condition
New
Weight
352g
Number of Pages
264
Place of Publication
New Jersey, United States
ISBN
9780691119250
SKU
V9780691119250
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About 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.
Reviews for Auctions: Theory and Practice
"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. ... Read more