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Auction Theory
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Artikel-Nr:
9780123745071
Veröffentl:
2009
Erscheinungsdatum:
28.09.2009
Seiten:
336
Autor:
Vijay (Pennsylvania State University Krishna
Gewicht:
647 g
Format:
241x164x27 mm
Sprache:
Englisch
Beschreibung:
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.
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