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Auction Theory

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Through accessible, detailed examinations of themes central to auction theory, Vijay Krishna explores auctions and competitive bidding as games of incomplete information. His results on bidding strategies, efficiency, and revenue maximization, and his clear proofs for each proposition, make this book both the standard reference on auctions and the first source of authoritative information about multi-unit auctions. Well organized and featuring straightforward intuition, Auction Theory's depth and breadth lay bare the complexity and utility of this growing field.

318 pages, Paperback

First published January 1, 2002

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Vijay Krishna

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Displaying 1 - 4 of 4 reviews
Profile Image for Andreas Aristidou.
55 reviews2 followers
February 4, 2021
On the technical side but so so good. A classic ib auction theory. Covers all the standard auctions: English, Dutch, First / Second price and much more. The math is actually very comprehensible if you devote some time to it. As a bonus, a MASSIVE bonus, the appendix is fantastic. The second best appendix of any Econ book I’ve ever got my hands on. (best one being Mas-Collel)
Profile Image for David.
11 reviews
December 27, 2013
I liked Monezes/Monteiro better though this is WAY more intuitive.
Displaying 1 - 4 of 4 reviews