ONLINE BOOK Auctions: Theory
and Practice (full draft), 2004, Paul Klemperer. details of Princeton University Press book Auctions: Theory and Practice 2004, Paul Klemperer.
This web site includes a collection of papers by Paul Klemperer and his co-authors. All papers are available in pdf format (version 3). Typically pdf files will be smaller than postscript files and so you are advised to use this option.
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Published papers are copyrighted by the publisher with the exception of Auction Theory: A Guide to the Literature, for which Paul Klemperer retains the copyright. The copyright of unpublished papers is held by their authors. Users may make a single copy of published papers for educational purposes.
Please contact Maxine Collett (maxine.collett@nuffield.ox.ac.uk) or Paul Klemperer (Paul.Klemperer@economics.ox.ac.uk), if you have difficulty in downloading any of the files and we will send you a hard copy.
ONLINE BOOK Auctions: Theory
and Practice (full draft), 2004, Paul Klemperer.
details of Princeton University
Press book Auctions: Theory and Practice 2004, Paul Klemperer.
Book: The
Economic Theory of Auctions 2000, Paul Klemperer (ed.).
Papers
The Product-Mix Auction: a New Auction Design for Differentiated Goods. Journal of the European Economic Association, 2010 (forthcoming), Paul Klemperer.
A New Payment Rule for Core-Selecting Package Auctions. Journal of the European Economic Association, 2010 (forthcoming), Aytek Erdil and Paul Klemperer.
Reorganising the Banks: Focus on the Liabilities, Not the Assets 2009, Jeremy Bulow and Paul Klemperer.
Price Controls and Consumer Surplus 2009, Jeremy Bulow and Paul Klemperer.
What is the Top Priority on Climate Change? in Global Sustainability, H-J. Schellnhuber, M. Molina, N. Stern, V. Huber & S. Kadner (eds), 2009. Paul Klemperer.
Why Do Sellers (Usually) Prefer Auctions? American Economic Review, 2009. Jeremy Bulow and Paul Klemperer.
A New Auction for Substitutes: Central-Bank Liquidity Auctions, "Toxic Asset" Auctions, and Variable Product-Mix Auctions. 2008. Now revised as The Product-Mix Auction: a New Auction Design for Differentiated Goods (see above). Paul Klemperer.
When are Auctions Best?, 2006. Now revised as 'Why Do Sellers (Usually) Prefer Auctions?' (see above). Jeremy Bulow and Paul Klemperer.
Bidding
Markets, Occasional Paper No.1, UK Competition Commission, 2005. (Also reprinted in Journal of Competition Law and Economics, 2007, and reprinted in Handbook of Competition Policy, P. Buccirossi (ed.) 2008.)
Competition Policy in Auctions and ‘Bidding Markets’. This is the same paper as “Bidding Markets” (see above). Paul Klemperer.
Network
Effects and Switching Costs Two separate contributions to the new New Palgrave
Dictionary of Economics. S.N. Durlauf and L.E. Blume (eds.), Palgrave Macmillan
(forthcoming). Paul Klemperer.
Coordination
and Lock-In: Competition with Switching Costs and Network Effects Handbook of Industrial Organization, Vol 3. M. Armstrong
and R. Porter (eds.), North-Holland 2007. Joseph Farrell and Paul Klemperer.
An Early
Example of "Sniping" in an Auction Lagniappe to JPE, 2004. Paul Klemperer.
Auctions In The Social Science Encyclopedia, Vol 1, 3rd edition, A. Kuper and J. Kuper (eds.), Routledge, 2004, p. 48-50. Paul Klemperer.
Using and Abusing Economic Theory---Lessons
from Auction Design 2002 Marshall Lecture to European Economic Association.
(Also reprinted in Journal of the European Economic Association, 2003, and
reprinted in Contemporary Issues in Economics and Econometrics, R. Becker
S. Hurn (eds.) 2004, and reprinted in Applying the Dismal Science, I. McLean and C. Jennings (eds.) 2006.) Paul Klemperer.
Why
Every Economist Should Learn Some Auction Theory Advances in Economics
and Econometrics: Invited Lectures to 8th World Congress of the Econometric
Society, M. Dewatripont, L. Hansen and S. Turnovsky (eds.), Cambridge University
Press, 2003. Paul Klemperer. [Zip file available]
What Really Matters in Auction Design Journal of
Economic Perspectives, 2002. Paul Klemperer.
How
(Not) to Run Auctions: the European 3G Telecom Auctions European Economic
Review, 2002. (Also reprinted in Spectrum Auctions and Competition in
Telecommunications, G. Illing and U. Klüh (eds.) 2003.) Paul Klemperer.
Japanese Translation
The Biggest Auction Ever: the Sale of the British 3G
Telecom Licences Economic Journal, 2002. Ken Binmore and Paul
Klemperer.
Some Observations on the British and
German 3G Telecom Auctions
ifo Studien (CES ifo Economic Studies) 2002. (Also reprinted in
Spectrum Auctions and Competition in Telecommunications, G. Illing
(ed.), MIT Press, 2004). Paul Klemperer.
Prices and the Winner's Curse Rand
Journal of Economics, 2002. Jeremy Bulow and Paul Klemperer.
Advantaged Bidders and Spectrum Prices: An Empirical
Analysis Preliminary abstract. Paul Klemperer and Marco Pagnozzi.
An Early Example of the "Winner's Curse" in an
Auction Lagniappe to JPE, 2001. Paul Klemperer and Peter
Temin.
Auction
Theory: A Guide to the Literature Introductory chapter to The Economic
Theory of Auctions, P. Klemperer (ed.), Edward Elgar (pub.), 2000. (Also
published in Journal of Economic Surveys, 1999, and reprinted in The
Current State of Economic Science S. Dahiya (ed.), 1999.) Paul Klemperer.
2004 Afterword.
An
Equilibrium Theory of Rationing RAND Journal of Economics, 2000.
Richard Gilbert and Paul Klemperer.
A
Note on Ortega Reichert's "A Sequential Game with Information Flow"
In The Economic Theory of Auctions, P. Klemperer (ed.), Edward Elgar
(pub.), 2000. Simon Board and Paul Klemperer.
Applying Auction
Theory to Economics, 1999. Now revised as 'Why Every Economist Should Learn
Some Auction Theory' (see above). Paul Klemperer
Toeholds
and Takeovers
Journal of Political Economy, 1999. (Also reprinted in New Research
in Corporate Finance and Banking, B. Biais and M. Pagano (eds.), Oxford
University Press, 2002.) Jeremy Bulow, Ming Huang and Paul Klemperer.
The
Generalized War of Attrition American Economic Review, 1999. Jeremy
Bulow and Paul Klemperer.
Limiting Patentees' Market Power Without Reducing
Innovation Incentives: The Perverse Benefits of Uncertainty and Non-Injunctive
Remedies Michigan Law Review, 1999. Ian Ayres and Paul
Klemperer.
Discussion of European Insurance Markets Economic Policy, 1999. Paul Klemperer.
Auctions
with Almost Common Values: The "Wallet Game" and its Applications
European Economic Review, 1998. Paul Klemperer.
The
Tobacco Deal Brookings Papers on Economic Activity: Microeconomics,
1998. Jeremy Bulow and Paul Klemperer.
Do Firms'
Product Lines Include Too Many Varieties? RAND Journal of
Economics, 1997. Paul Klemperer and Jorge Padilla.
Auctions
Versus Negotiations American Economic Review, 1996. Jeremy Bulow and
Paul Klemperer.
Competition
when Consumers have Switching Costs: An Overview with Applications to
Industrial Organization, Macroeconomics, and International Trade Review
of Economic Studies, 1995. Paul Klemperer.
Rational
Frenzies and Crashes Journal of Political Economy, 1994. Jeremy
Bulow and Paul Klemperer.
Equilibrium
Product Lines: Competing Head-to-Head May be Less Competitive American
Economic Review, 1992. Paul Klemperer.
Multi-Period
Competition with Switching Costs Econometrica, 1992. Alan Beggs and
Paul Klemperer. (Working paper (1989) version available here).
How Broad Should
the Scope of Patent Protection Be? RAND Journal of Economics, 1990.
(Also reprinted in The Economics of Intellectual Property, R. Towse and
R. Holzhauer (eds.), 2002.) Paul Klemperer.
Price Wars
Caused by Switching Costs Review of Economic Studies, 1989. Paul
Klemperer.
Exchange Rate
Pass-Through When Market Share Matters American Economic Review,
1989. Kenneth Froot and Paul Klemperer.
Supply Function
Equilibria in Oligopoly Under Uncertainty Econometrica, 1989. Paul
Klemperer and Margaret Meyer.
Welfare Effects of Entry into Markets with Switching
Costs Journal of Industrial Economics, 1988. Paul Klemperer.
Consistent Conjectures Equilibria: A Reformulation
Showing Non-uniqueness Economics Letters, 1988. Paul Klemperer and
Margaret Meyer.
Entry
Deterrence in Markets with Consumer Switching Costs Economic
Journal, 1987. Paul Klemperer.
The Competitiveness of Markets with Switching
Costs RAND Journal of Economics, 1987. Paul Klemperer.
Markets With
Consumer Switching Costs Quarterly Journal of Economics, 1987. (Also
reprinted in The Economics of Business Strategy, J. Kay (ed.), 2003.)
Paul Klemperer.
Dissolving a Partnership Efficiently
Econometrica, 1987. Peter Cramton, Robert Gibbons and Paul
Klemperer.
Price
competition vs. quantity competition: the role of uncertainty RAND
Journal of Economics, 1986. (Also reprinted in Cournot Oligopoly:
Characterization and Applications, A. Daughety (ed), Cambridge University
Press, 1988.) Paul Klemperer and Margaret Meyer.
Holding Idle Capacity to Deter Entry Economic
Journal, 1985. Jeremy Bulow, John Geanakoplos and Paul Klemperer.
Multimarket Oligopoly: Strategic Substitutes and
Complements Journal of Political Economy, 1985. Jeremy Bulow, John
Geanakoplos and Paul Klemperer.
The above papers are kept in order by Maxine Collett. Please send any comments or report any problems to her at maxine.collett@nuffield.ox.ac.uk.