Vijay Krishna’s Second Edition of Auction Theory improves upon his 2002 best seller 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 Second Edition continues to serve as the doorway to relevant theory for most students doing empirical work on auctions.
Editorial Reviews
Review
“Krishna’s superb Auction Theory is an ideal text and reference because his clear and precise exposition distills the vast literature and provides excellent motivation, examples, exercises, and connections to commercial applications.” –Robert B. Wilson, Stanford University
“On its publication in 2002, Vijay Krishna’s book immediately became a central reference in auction theory. But the subject has continued to develop, and so we’re very fortunate that Krishna has now updated the text.” –Eric Maskin, Institute for Advanced Study, Nobel Laureate in Economics
Review
Develops the main concepts of auction theory from scratch in a self-contained and theoretically rigorous manner
From the Back Cover
Vijay Krishna’s Second Edition of Auction Theory improves upon his 2002 best seller 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 Second Edition continues to serve as the doorway to relevant theory for most students doing empirical work on auctions.
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