Auctions: Theory and Practice
Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; an...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Princeton, NJ
Princeton University Press
[2018]
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| Series: | The Toulouse Lectures in Economics
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| Subjects: | |
| Links: | https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290?locatt=mode:legacy https://doi.org/10.1515/9780691186290 |
| Summary: | Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics. Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions; he, jointly with Ken Binmore, designed the first of these. Klemperer also demonstrates the surprising power of auction theory to explain seemingly unconnected issues such as the intensity of different forms of industrial competition, the costs of litigation, and even stock trading 'frenzies' and financial crashes. Engagingly written, the book makes the subject exciting not only to economics students but to anyone interested in auctions and their role in economics |
| Item Description: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Nov 2018) |
| Physical Description: | 1 online resource |
| ISBN: | 9780691186290 |
| DOI: | 10.1515/9780691186290 |
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| indexdate | 2025-02-18T17:09:05Z |
| institution | BVB |
| isbn | 9780691186290 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-031262052 |
| oclc_num | 1165610823 |
| open_access_boolean | |
| owner | DE-859 DE-860 DE-739 DE-473 DE-BY-UBG DE-1046 DE-1043 DE-858 |
| owner_facet | DE-859 DE-860 DE-739 DE-473 DE-BY-UBG DE-1046 DE-1043 DE-858 |
| physical | 1 online resource |
| psigel | ZDB-23-DGG ZDB-23-DGG FKE_PDA_DGG ZDB-23-DGG FLA_PDA_DGG ZDB-23-DGG UPA_PDA_DGG ZDB-23-DGG UBG_PDA_DGG ZDB-23-DGG FAW_PDA_DGG ZDB-23-DGG FAB_PDA_DGG ZDB-23-DGG FCO_PDA_DGG |
| publishDate | 2018 |
| publishDateSearch | 2018 |
| publishDateSort | 2018 |
| publisher | Princeton University Press |
| record_format | marc |
| series2 | The Toulouse Lectures in Economics |
| spelling | Klemperer, Paul Verfasser aut Auctions Theory and Practice Paul Klemperer Princeton, NJ Princeton University Press [2018] © 2004 1 online resource txt rdacontent c rdamedia cr rdacarrier The Toulouse Lectures in Economics Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Nov 2018) Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts. Auctions make up many of the world's most important markets; and this book describes how auction theory has also become an invaluable tool for understanding economics. Auctions: Theory and Practice provides a non-technical introduction to auction theory, and emphasises its practical application. Although there are many extremely successful auction markets, there have also been some notable fiascos, and Klemperer provides many examples. He discusses the successes and failures of the one-hundred-billion dollar "third-generation" mobile-phone license auctions; he, jointly with Ken Binmore, designed the first of these. Klemperer also demonstrates the surprising power of auction theory to explain seemingly unconnected issues such as the intensity of different forms of industrial competition, the costs of litigation, and even stock trading 'frenzies' and financial crashes. Engagingly written, the book makes the subject exciting not only to economics students but to anyone interested in auctions and their role in economics In English Europäische Union (DE-588)5098525-5 gnd rswk-swf Auctions European Union countries Case studies Auctions Auktion (DE-588)4125859-9 gnd rswk-swf UMTS (DE-588)4563298-4 gnd rswk-swf Auktionstheorie (DE-588)4732699-2 gnd rswk-swf Kunstauktion (DE-588)4223608-3 gnd rswk-swf Lizenzvergabe (DE-588)4167986-6 gnd rswk-swf Europa (DE-588)4015701-5 gnd rswk-swf 1\p (DE-588)4143413-4 Aufsatzsammlung gnd-content 2\p (DE-588)4522595-3 Fallstudiensammlung gnd-content Europa (DE-588)4015701-5 g UMTS (DE-588)4563298-4 s Lizenzvergabe (DE-588)4167986-6 s Auktion (DE-588)4125859-9 s 3\p DE-604 Europäische Union (DE-588)5098525-5 b 4\p DE-604 Kunstauktion (DE-588)4223608-3 s 5\p DE-604 Auktionstheorie (DE-588)4732699-2 s 6\p DE-604 https://doi.org/10.1515/9780691186290 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 4\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 5\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 6\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Klemperer, Paul Auctions Theory and Practice Europäische Union (DE-588)5098525-5 gnd Auctions European Union countries Case studies Auctions Auktion (DE-588)4125859-9 gnd UMTS (DE-588)4563298-4 gnd Auktionstheorie (DE-588)4732699-2 gnd Kunstauktion (DE-588)4223608-3 gnd Lizenzvergabe (DE-588)4167986-6 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4125859-9 (DE-588)4563298-4 (DE-588)4732699-2 (DE-588)4223608-3 (DE-588)4167986-6 (DE-588)4015701-5 (DE-588)4143413-4 (DE-588)4522595-3 |
| title | Auctions Theory and Practice |
| title_auth | Auctions Theory and Practice |
| title_exact_search | Auctions Theory and Practice |
| title_full | Auctions Theory and Practice Paul Klemperer |
| title_fullStr | Auctions Theory and Practice Paul Klemperer |
| title_full_unstemmed | Auctions Theory and Practice Paul Klemperer |
| title_short | Auctions |
| title_sort | auctions theory and practice |
| title_sub | Theory and Practice |
| topic | Europäische Union (DE-588)5098525-5 gnd Auctions European Union countries Case studies Auctions Auktion (DE-588)4125859-9 gnd UMTS (DE-588)4563298-4 gnd Auktionstheorie (DE-588)4732699-2 gnd Kunstauktion (DE-588)4223608-3 gnd Lizenzvergabe (DE-588)4167986-6 gnd |
| topic_facet | Europäische Union Auctions European Union countries Case studies Auctions Auktion UMTS Auktionstheorie Kunstauktion Lizenzvergabe Europa Aufsatzsammlung Fallstudiensammlung |
| url | https://doi.org/10.1515/9780691186290 |
| work_keys_str_mv | AT klempererpaul auctionstheoryandpractice |