Auction (Theory and Practice)

Author: (English) Kevin B. Kellogg, translated by Zhong Hongjun
Publisher:
Publish Date: 2006-03-01
Features: As one of the leading figures in auction research and a pioneer in practical auction design, Kellogg is the ideal choice to author authoritative works on auction theory and application. This book combines the material that economists should learn from auction theory and the material that auction scholars should learn from practical tests of auction design. — Roger B. Myerson, University of Chicago
Kellogg is one of the global leaders in auction design. In recent years, he has offered unique and innovative insights on issues with a close relationship between theory and practical application, such as how to attract entrants, avoid collusion, and the impact of government policy objectives on the design of public auctions. Kellogg's work will have a profound influence. — Robert Wilson, Stanford University
Kellogg not only has a comprehensive grasp of the auction theory literature but also extensive experience in the practical application of theory. — vonder Fehr, University of Oslo
This book primarily introduces auction theory, practical auction design, applications in other fields of economics, and key aspects of auction design.