Auction Theory

Focuses on key auction types. This book includes a chapter on combinatorial auctions and analyses of theory-informed applications. It also includes LaTex Beamer slides, chapter-ending exercises, problems of varying difficulties, and a solutions manual that supports and reinforces key points.

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Auction Theory, Second Edition 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.