a companion book, The Economic Theory of Auctions, Paul Klemperer (ed,), Edward Elgar (pub.), 1999.) We begin with the … most fundamental concepts, and then introduce the basic analysis of optimal auctions, the revenue equivalence theorem, and … marginal revenues. Subsequent sections address risk-aversion, affiliation, asymmetries, entry, collusion, multi-unit auctions …

the time as the biggest auction ever. We discuss the merits of auctions versus beauty contests, the aims of the auction …

auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the U.K., though the values of the licences sold …. The sequencing of the auctions was also crucial. We discuss the auctions in the U.K., Netherlands, Germany, Italy, Austria …

economic settings that do not, at first sight, look like auctions. We also discuss some more obvious applications, especially …

I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions …. This paper bundles my comments on two papers presented at the December 2001 CES Ifo conference on the telecom auctions …. (For those readers new to the subject, I recommend first reading How (Not) to Run Auctions: the European 3G Telecom …

auctions, much of it in response to empirical findings, and we review three key findings. First, the evidence suggests that art …

theory of auctions shows that it is unlikely that successful buyers as a group were injured. …

This paper reports the results of a study on the order of sale in art auctions. The final bid relative to the autionner …