Auctions: Theory and Practice
The Toulouse Lectures in Economics
Paul Klemperer
Nuffield College, Oxford University, Oxford OX1 1NF, England
http://www.paulklemperer.org
Princeton University Press, 2004 (click here
for details or to purchase)
This book is a non-technical introduction
to auction theory; its practical application in auction design (including many
examples); and its uses in other parts of economics. It can be used for a graduate
course on auction theory, or – by picking selectively – an advanced
undergraduate or MBA course on auctions and auction design.
Part A introduces the basic theory.
Part B shows how modern auction-theoretic tools illuminate a range of mainstream
economic questions that are superficially unconnected with auctions. Part C
discusses practical auction design. Part D describes the one-hundred-billion
dollar 3G mobile-phone license auctions. None of the writing is technical, except
in the Appendices.
The material was presented as the
inaugural (2003) Toulouse Lectures in Economics.
The links below are mostly to the original papers. The published material is almost identical.
Preface
Introduction
Detailed Contents