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"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.
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Previews available in: English
Subjects
Auctions, Case studies, Auktion, UMTS, Europa, Kunstauktion, Veilingen, Auktionstheorie, LizenzvergabePlaces
European Union countriesShowing 4 featured editions. View all 4 editions?
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Auctions: Theory and Practice (The Toulouse Lectures in Economics)
March 16, 2004, Princeton University Press
Hardcover
in English
0691114269 9780691114262
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Auctions: Theory and Practice (The Toulouse Lectures in Economics)
March 8, 2004, Princeton University Press
Paperback
in English
0691119252 9780691119250
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Book Details
Edition Notes
Includes bibliographical references and index.
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- Created April 1, 2008
- 15 revisions
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August 11, 2024 | Edited by MARC Bot | import existing book |
March 8, 2023 | Edited by MARC Bot | import existing book |
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April 1, 2008 | Created by an anonymous user | Imported from Scriblio MARC record |