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Bestseller
BestsellerE-book
Author Krishna, Vijay.

Title Auction theory / Vijay Krishna.

Publication Info. San Diego : Academic Press, [2002]
©2002

Item Status

Description 1 online resource (xi, 303 pages) : illustrations
Physical Medium polychrome
Description text file
Summary Through accessible, detailed examinations of themes central to auction theory, Vijay Krishna explores auctions and competitive bidding as games of incomplete information. His results on bidding strategies, efficiency, and revenue maximization, and his clear proofs for each proposition, make this book both the standard reference on auctions and the first source of authoritative information about multi-unit auctions. Well organized and featuring straightforward intuition, Auction Theory's depth and breadth lay bare the complexity and utility of this growing field. *The standard reference on auctions and the first source of authoritative information about multi-unit auctions *Explores auctions and competitive bidding as games of incomplete information *Uses accessible, detailed examinations of themes central to auction theory.
Contents 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; An Introduction to Multiple Object Auctions; Equilibrium and Efficiency with Private Values; Some Revenue Considerations; Sequential Sales; Nonidentical Objects; Multiple Objects and Interdependent Values; Appendices: Continuous Distributions' Stochastic Orders; Order Statistics; Affiliated Random Variables; Some Linear Algebra; Games of Incomplete Information; Existence of Equilibrium in First-Price Auctions.
Bibliography Includes bibliographical references (pages 289-297) and index.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Auctions -- Mathematical models.
Auctions -- Mathematical models.
Auctions.
Game theory.
Game theory.
Genre/Form Electronic books.
Other Form: Print version: Krishna, Vijay. Auction theory. San Diego : Academic Press, ©2002 012426297X 9780124262973 (DLC) 2001098962 (OCoLC)49676565
ISBN 9780124262973
012426297X
9780080475967 (electronic book)
0080475965 (electronic book)