What are auctions and what is auction theory? -- Why study auction theory? -- The economics behind auctions -- Some … standard results in auction theory -- Auctions: some real-life experiences -- Auctions in India -- Other applications of …

-- Dynamic auctions in procurement / Lawrence M. Ausubel and Peter Cramton -- Attracting and screening participants -- Pricing … and the design of anti-collusive measures for auctions and procurements / William E. Kovacic, Robert C. Marshall, Leslie M …. Marx and Matthew E. Raiff -- Corruption in procurement auctions / Yvan Lengwiler and Elmar Wolfstetter -- Dynamic forces …

text ideal for upper undergraduate and graduate students. The book begins with a discussion of second-price auctions, which …-price auctions, all-pay auctions, third-price auctions, the Revenue Equivalence principle, common-value auctions, multi-unit auctions …, and procurement auctions. Exercises in each chapter are ranked according to their difficulty, with a letter (A-C) next to …