Auction Theory, Second Edition
| Date: 28 April 2011, 02:56
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Auction Theory, Second Edition
By Vijay Krishna
* Publisher: Academic Press
* Number Of Pages: 336
* Publication Date: 2009-08-26
* ISBN-10 / ASIN: 0123745071
* ISBN-13 / EAN: 9780123745071
Product Description:
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 LaTex Beamer slides, chapter-ending exercises, problems of varying difficulties, and a solutions manual support and reinforce key points
Summary: A very good book, but we need a "Dummies" version.
Rating: 4
This is a very good book on the topic, but we need a "Dummies" version. Auctions are becoming a part of everyday life -- been on EBay lately? Played the stock market? I wish Dr. Krishna had a version of this material without the rigorous math that I could in an undergrad course.
Summary: Do not buy the online copy
Rating: 1
The scan quality is very poor, and the images are not readable. Yet Amazon charged me $13.
Summary: The Best
Rating: 5
This is the best auction _theory_ book.
Any PhD student in economics or coorporate finance
should read it. Notice that if you are ONLY interested in
real-life auctions and not on the game theory behind
auction theory this book is not for you.
Summary: Accessible and straightforward. Thumbs up!
Rating: 5
A balance between rigor and intuition. The book contains complete and clear proofs of almost all propositions and many- many fully-worked examples to reinforce intuition. The "chapter notes" provide with plenty further reading and the seven appendices at the end of the book cover lots of essential background. For those who are interested in auction theory and seek a rigorous treatment that at the same time is not intimidating, I highly recommend this book. After all, as Vijay Krishna states in the preface, "...the book is intended to be a conversation between the author and the reader".
Summary: Clear, Rigorous and Intuitive
Rating: 5
This is a fabulous book for quickly uploading the central insights of the vast literature on the economics of auction design. Results are stated precisely and proven, often with an eye for developing intuition and an understanding of technique. The book can be read from cover to cover or dipped into as required. I find it an extremely useful aid to research.
Highly recommended.
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