Auctions Problems and Solutions

Exercises from my book, Auctions: Theory and Practice
Solutions to problem questions (1-11)
Notes for solutions to essay questions (12-20)
  (These, especially, should not be viewed as definitive or exhaustive answers.)
     
  Additional problem and essay questions (A1-A11)
  Additional solutions (A1-A11)

Bibliography on auctions (now somewhat out of date!)

These materials are © Paul Klemperer. You are welcome to make classroom use of them with attribution to me.

Information for Oxford graduate students

The following questions can be answered well on the basis of the first year course: 1, 4, 5, 6 (parts i, ii, iii), 9 (parts i, ii), 11, 12, A3, A8, A11.

The following questions can be attempted by first years, but would be hard to do well on the basis of the first year course alone: 2, 3, 10, 13, 15, 16, 20, A2, A6.

The following questions cannot be attempted on the basis of the core microeconomics course: 6 (parts iv, v), 7, 8, 9 (part iii), 14, 17, 18, 19, A1, A4, A5, A7, A9, A10

The exercises were drawn from the following exams (and include all the auctions exam questions set by me 1995-2009):

First Year Microeconomics Exam

2009 - Question A11
2007 - Question A8

2004 - Question A3

2002 - Question 11

2000 - Question 1 
1999 - Question 12

Second Year Economic Theory Course

2008 - Questions A9 and A10
2007 - Questions A6 and A7
2006 - Questions A4 and A5
2004 - Questions A1 and A2
2003 - Questions 6 and 17
2002 - Questions 5 and 19
2001 - Questions 8 and 18
2000 - Questions 3 and 16
1999 - Questions 2 and 15
1998 - Questions 4 and 20
1997 - Questions 9 and 13
1996 - Questions 7 and 14
1995 - Question 10