» Putting Auction Theory to Work (Churchill Lectures in Economics)

Putting Auction Theory to Work (Churchill Lectures in Economics)
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Manufacturer: Cambridge University Press

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Putting Auction Theory to Work (Churchill Lectures in Economics) Details

Binding: Paperback
Dewey Decimal Number: 381.1701
EAN: 9780521536721
ISBN: 0521536723
Label: Cambridge University Press
Manufacturer: Cambridge University Press
Number Of Items: 1
Number Of Pages: 392
Publication Date: 2004-01-12
Publisher: Cambridge University Press
Studio: Cambridge University Press


Putting Auction Theory to Work (Churchill Lectures in Economics) Reviews

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Summary: Great book! Must Read if you are in the auction space.
Comment: This is a great book about auction theory. I read it among many others as I was doing researches for our upcoming online auction site. It is clearly a bible for the auction professional as well as a very practical tool to understand existing and diverse mechanisms.


Editorial Review for Putting Auction Theory to Work (Churchill Lectures in Economics):

Providing a comprehensive introduction to modern auction theory and its important new applications, this book is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the volume provides the most up-to-date analysis of traditional theories of "optimal auctions" as well as newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. It explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. Paul Milgrom is the Leonard and Shirley Ely Professor of Humanities and Sciences and Professor of Economics, Stanford University. He is the author of more than sixty articles and co-author of the influential textbook, Economics, Organization and Management (Prentice Hall, 1992). Professor Milgrom is a pioneer in the economic theory of auctions and co-designer of the simultaneous, multiple round auction that the FCC adopted for selling radio spectrum licenses.

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