Reading group on auctions

The new reading group on Auctions will start on February 18, 2004. Every 4 weeks the group will meet from 15.30 to 17.00 at the Econometrics Institute of the Erasmus University Rotterdam. If you have not yet registered and are interested, please contact Lijdia Terheijden (terheijden@few.eur.nl).

Location

Erasmus University Rotterdam
Econometric Institute
Burgemeester Oudlaan 50
3062 PA Rotterdam
Room G2-29

Programme

February 18:	Auctions with Private values (Krishna, chapters 1-4)
March 17:	Auctions with Independent values (Krishna, chapters 6-9)
April 14:	Mechanism design and Bidding Rings (Krishna, chapters 5,10,11)
May 12:	Multiple Object Auctions (Krishna, chapters 12, 13, 15?)
June 9:	Evaluations of the UMTS auctions (articles)

Literature

Krishna, V. 2002. Auction Theory. Academic Press.
Binmore, K. and P. Klemperer. 2002. The Biggest Auction Ever: The Sale of the British 3G Telecom Licenses. Economic Journal 112: C-74-96.
Jehiel, P. and B. Moldovanu. 2001.Efficient design with Interdependent Values. Econometrica 69, pp. 1237-59.
Klemperer, P. (2002a) What really matters in auction design. Journal of Economic Perspectives 16, p. 169-189.
Klemperer P. (2002b) How not to run auctions: the European 3G mobile telecom auctions. European Economic Review 46, p. 829-45.
Klemperer P. (2003), Alfred Marshall-lecture: Using and Abusing Economic Theory, Journal of the European Economic Association 1, pp. 272-300.