Auction Theory

Inbunden, Engelska, 2009

AvVijay Krishna,U.S.A.) Krishna, Vijay (Pennsylvania State University, University Park

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Auction Theory, Second Edition improves upon his 2002 bestseller with a new chapter on package and position auctions as well as end-of-chapter questions and chapter notes. Complete proofs and new material about collusion complement Krishna's ability to reveal the basic facts of each theory in a style that is clear, concise, and easy to follow. With the addition of a solutions manual and other teaching aids, the 2e continues to serve as the doorway to relevant theory for most students doing empirical work on auctions.

Focuses on key auction types and serves as the doorway to relevant theory for those doing empirical work on auctions
New chapter on combinatorial auctions and new analyses of theory-informed applications
New chapter-ending exercises and problems of varying difficulties support and reinforce key points

Produktinformation

Utgivningsdatum2009-09-28
Mått152 x 229 x 23 mm
Vikt600 g
FormatInbunden
SpråkEngelska
Antal sidor336
Upplaga2
FörlagElsevier Science
ISBN9780123745071

Tillhör följande kategorier

Nationalekonomi inom Ekonomi och Ledarskap

I Single Object AuctionsPrivate Value AuctionsThe Revenue Equivalence PrincipleQualifications and ExtensionsMechanism DesignAuctions with Interdependent ValuesThe Revenue Ranking ("Linkage") PrincipleAsymmetries and Other ComplicationsEfficiency and the English AuctionMechanism Design with Interdependent ValuesBidding RingsII Multiple Object AuctionsAn Introduction to Multiple Object AuctionsEquilibrium and Efficiency with Private ValuesSome Revenue ConsiderationsSequential SalesNonidentical ObjectsPackages and PositionsMultiple Objects and Interdependent ValuesIII AppendicesContinuous DistributionsStochastic OrdersOrder StatisticsAffiliated Random VariablesSome Linear Algebra

"Krishna’s superb Auction Theory is an ideal text and reference because his clear and precise exposition distills the vast literature and provides excellent motivation, examples, exercises, and connections to commercial applications." --Robert B. Wilson, Stanford University"On its publication in 2002, Vijay Krishna's book immediately became a central reference in auction theory. But the subject has continued to develop, and so we're very fortunate that Krishna has now updated the text." --Eric Maskin, Institute for Advanced Study, Nobel Laureate in Economics