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Cited by 1,642

The DOI matches its Crossref record; 103 of the 103 references it cites were found in a registry or an index.

Putting Auction Theory to Work

Milgrom, Paul·2004·Cambridge University Press eBooks
DOI 10.1017/cbo9780511813825
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Abstract

This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.

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Metadata

Authors
Milgrom, P.
Venue
Cambridge University Press eBooks
Publisher
Cambridge University Press
Published
2004-01-12
DOI
10.1017/cbo9780511813825
OpenAlex
W1954834360
Cited by
1,642
References
103
FWCI
52.84
Type
book
Language
en
Open access
closed

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CoChat. (2026). Citation check: Putting Auction Theory to Work. https://app.cochat.ai/papers/10.1017/cbo9780511813825
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Milgrom, P. (2004). Putting Auction Theory to Work. Cambridge University Press eBooks. https://doi.org/10.1017/cbo9780511813825

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.