Working paper
Auction Theory: a Guide to the Literature.
- Abstract:
-
This paper provides an elementary, non-technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. The most important of these are reproduced in a companion book, The Economic Theory of Auctions, Paul Klemperer (ed.), Edward Elgar (pub.), forthcoming.) We begin with the most fundamental concepts, and then introduce the basic analysis of optimal auctions, the revenue equivalence theorem, and marginal revenues. Subsequent sections address risk-...
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Bibliographic Details
- Publisher:
- CEPR
- Volume:
- 2163
- Series:
- C.E.P.R. Discussion Papers
- Host title:
- C.E.P.R. Discussion Papers
- Publication date:
- 1999-01-01
- Paper number:
- 2163
Item Description
- Language:
- English
- UUID:
-
uuid:0a760535-c66f-4de6-9827-4910522cea57
- Local pid:
- oai:economics.ouls.ox.ac.uk:11588
- Deposit date:
- 2011-08-16
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- Copyright date:
- 1999
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