Auction Theory: A Guide to the Literature
为非技术读者提供拍卖理论的入门综述，介绍最优拍卖、收入等价定理等核心概念，并涵盖风险厌恶、合谋、多单位拍卖等专题，附有技术细节和参考文献。
This paper provides an elementary, non‐technical, survey of auction theory, by introducing and describing some of the critical papers in the subject. (The most important of these are reproduced in a companion book, The Economic Theory of Auctions , Paul Klemperer (ed.), Edward Elgar (pub.), forthcoming.); 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, double auctions, royalties, incentive contracts, and other topics. Appendices contain technical details, some simple worked examples, and a bibliography for each section.