Table of Contents:
  • Private Value Auctions; The Revenue Equivalence Principle; Qualifications and Extensions; Mechanism Design; Auctions with Interdependent Values; The Revenue Ranking ("Linkage") Principle; Asymmetries and Other Complications; Efficiency and the English Auction; Mechanism Design with Interdependent Values; Bidding Rings; An Introduction to Multiple Object Auctions; Equilibrium and Efficiency with Private Values; Some Revenue Considerations; Sequential Sales; Nonidentical Objects; Multiple Objects and Interdependent Values; Appendices: Continuous Distributions' Stochastic Orders; Order Statistics; Affiliated Random Variables; Some Linear Algebra; Games of Incomplete Information; Existence of Equilibrium in First-Price Auctions.