Auctions
theory and practice
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Author
Publication
2003 - Princeton University Press, Princeton, N.J, New Jersey
Language
English
Word Count
61,500 words, Guess
Page Count
246 pages
Identifiers
- Open LibraryOL3690873M
- ISBN-100691114269
- OCLC Control Number53001276
- OCLC Control Numberauctionstheorypr00klem_774
- Library of Congress Control Number2003061019
and 2 more
- LibraryThing944690
- Goodreads673055
Classifications
- DDC381/.17
- LCCHF5476 .K54 2003
Description
"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 emphasizes 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 the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions - he, jointly with Ken Binmore, designed the first of these."--BOOK JACKET.
Subjects
Topics
Places
Genres
- Case studies.
Series Statement
- The Toulouse lectures in economics
Other Editions
- Auctions: theory and practice
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