Publication

2003 - Princeton University Press, Princeton, N.J, New Jersey

Language

English

Word Count

61,500 words, Guess

Page Count

246 pages

Identifiers

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

UMTSEuropaAuktionAuctionsAuctions.VeilingenCase studies

Genres

  • Case studies.

Series Statement

  • The Toulouse lectures in economics

Other Editions

  • Auctions: theory and practicePrinceton University Press2003-01-01

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