Rilegato

ISBN 10: 0123745071 ISBN 13: 9780123745071

Casa editrice: Academic Press, 2009

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.

• Focuses on key auction types and serves as the doorway to relevant theory for those doing empirical work on auctions
• New chapter on combinatorial auctions and new analyses of theory-informed applications 
• New chapter-ending exercises and problems of varying difficulties support and reinforce key points

From the Back Cover:

Vijay Krishna's Second Edition of Auction Theory improves upon his 2002 best seller 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 Second Edition continues to serve as the doorway to relevant theory for most students doing empirical work on auctions.

Review:

"Krishna’s superb Auction Theory is an ideal text and reference because his clear and precise exposition distills the vast literature and provides excellent motivation, examples, exercises, and connections to commercial applications."-- Robert B. Wilson, Stanford University

"On its publication in 2002, Vijay Krishna's book immediately became a central reference in auction theory. But the subject has continued to develop, and so we're very fortunate that Krishna has now updated the text." -- Eric Maskin, Institute for Advanced Study, Nobel Laureate in Economics