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| AUCTION THEORY
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To order this title, and for more information, click here
Second Edition
By
Vijay Krishna, Pennsylvania State University, University Park, U.S.A.
Description
Vijay Krishna's 2e of Auction Theory 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.
Audience
Graduate students and professors working in finance, economics, and industrial organization, and professionals learning about or developing
auctions, either in a university setting or in industry.
Contents
Introduction
I Single Object Auctions
Private Value Auctions, The Revenue
Equivalence Principle, Qualifications and Extensions, Mechanism Design, Auctions with Interdependent Values, The Revenue Ranking ("Linkage")
Principle, Asymmetries and Other Complications, Efficiency and the English Auction, Mechanism Design with Interdependent Values, Bidding
Rings
II Multiple Object Auctions
An Introduction to Multiple Object Auctions, Equilibrium and Efficiency
with Private Values, Some Revenue Considerations, Sequential Sales, Nonidentical Objects, Packages and Positions, Multiple
Objects and Interdependent Values
III Appendices
Continuous Distributions, Stochastic Orders, Order
Statistics, Affiliated Random Variables, Some Linear Algebra
| Bibliographic details |
Hardbound, 336 pages, publication date: AUG-2009
ISBN-13: 978-0-12-374507-1
Imprint: ACADEMIC PRESS
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| Price and Ordering |
Price:
USD 79.95
EUR 56.95
GBP 47.99
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Last update: 25 Nov 2009
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