Frankfurt is next week and the season of auctions is nearly upon us. Auctions are imbued with glamour—risk, money and competition—but their potential for having deterministically bleak outcomes is less celebrated. The Winner’s Curse is a phenomena explained by Auction Theory which argues that winning an auction will usually...

The book trade is predicting a "more buoyant" Frankfurt Book Fair (10th–14th October) this year, with digital and erotica expected to be major talking points. 

Caroline Michel at agency PFD said: "Last year was very much a transition. The year before that was doom and gloom, and this year I think will be a...

This was the year the Frankfurt Book Fair finally went all sparkly and electronic. E-books were, very definitely, the stars of the show. After the downbeat pessimism of the London Book Fair in the spring—when everyone seemed to be reeling from the collapse of the high street and talking as though the world of publishing was coming to an...

So there I was—lying on Lord Byng of Wikiwars' bed toying with his purloined BlackBerry, when I suddenly heard the door opening. "Oh my God, Jamie's come back to shampoo his chest hair, or something," I whispered frantically to myself before bolting into his wardrobe to hide under a pile of ...