Auctions: Theory and Practice (The Toulouse Lectures in Economics)
"As a leader in auction-theory research and as a leading practitioner of auction design, Paul Klemperer is the best person to write the definitive book on auctions in theory and practice. This book ties together material on what economists should learn from auction theory, and on what auction theorists should learn from practical experience in auction design." - Roger B. Myerson, University of Chicago; "Paul Klemperer is one of the leaders in auction design worldwide. His emphasis in recent years on some of the more practical aspects of the theory - how to attract bidders, how to avoid collusion, how to think about government policy goals in designing public auctions - is particularly innovative. Klemperer's work will be very influential in the coming years." - Jeremy Myorson, Stanford University"