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An Introduction to Auction Theory Paperback – August 26, 2008

ISBN-13: 978-0199275991 ISBN-10: 0199275998 Edition: 1st

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Product Details

  • Paperback: 200 pages
  • Publisher: Oxford University Press; 1 edition (August 26, 2008)
  • Language: English
  • ISBN-10: 0199275998
  • ISBN-13: 978-0199275991
  • Product Dimensions: 9.1 x 0.4 x 6.2 inches
  • Shipping Weight: 12.6 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,371,374 in Books (See Top 100 in Books)

Editorial Reviews


"Despite the influence and importance of the study of auctions, the academic literature is dominated by papers that are a struggle to read. Often these papers require a high degree of mathematical sophistication and a familiarity with a large and confusing body of literature. In writing their book, An Introduction to Auction Theory, Flavio Menezes and Paulo Monteiro have made a substantial contribution to making this literature accessible to students and researchers."--John Asker, Economic Record

About the Author

Flavio Menezes joined the University of Queensland as a Chair in Economics after more than a decade at the Australian National University, where he was, amongst other responsibilities, the Foundation Director of the Australian Centre of Regulatory Economics. Flavio is also a former part-time Vice President and Senior Consultant with the Regulatory Economics and Public Policy Practice at CRA International in Canberra. Flavio Menezes has published widely in the economics of information and uncertainty. He is regarded as Australasia's leading auction expert. Paulo Monteiro was Associate Professor at Federal University of Rio de Janeiro and then at IMPA (Institute of Pure and Applied Mathematics.) He is presently at the Postgraduate School of Economics of the Getúlio Vargas Foundation (FGV-EPGE). Monteiro researches on infinite dimensional general equilibrium theory, mechanism design, and auction theory.

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Most Helpful Customer Reviews

3 of 3 people found the following review helpful By Colette on September 5, 2012
Format: Kindle Edition
I was looking for a basic (but still thorough) introduction to auction theory, and found exactly that in this book. I have an undergraduate degree in economics, but no prior experience with auctions. The proofs are easy to follow, and there are examples throughout highlighting main points. More importantly, all of the terms and notations are explained in detail in the introductory chapters, and the authors do not assume any prior knowledge.

That being said, in order to fully understand the theories and be familiar with the notation you would need more than just a background in Calculus 1. I would recommend this book for someone who wants to start learning about auction theory and has taken upper level math courses, preferably real analysis or something else with extensive proofs.
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By azad on October 14, 2014
Format: Paperback Verified Purchase
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