| Description |
1 online resource (x, 172 pages) : illustrations. |
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data file |
| Physical Medium |
polychrome |
| Series |
Econometric Society monographs ; 47
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Econometric Society monographs ; no. 47.
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| Summary |
"Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design"--Provided by publisher. |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
Cover; Half-title; Series-title; Title; Copyright; Chapter 1: Introduction; Chapter 2: Arrow's Theorem and Its Consequences; Chapter 3: Network Flow Problem; Chapter 4: Incentive Compatibility; Chapter 5: Efficiency; Chapter 6: Revenue Maximization; Chapter 7: Rationalizability; References; Index. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Decision making -- Linear programming.
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Decision making -- Linear programming. |
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Decision making. |
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Organizational behavior -- Mathematical models.
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Organizational behavior -- Mathematical models. |
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Organizational behavior. |
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Machine theory.
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Machine theory. |
| Genre/Form |
Electronic books.
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| Other Form: |
Print version: Vohra, Rakesh V. Mechanism design. Cambridge ; New York : Cambridge University Press, 2011 9781107004368 (DLC) 2011009042 (OCoLC)703205152 |
| ISBN |
9781139078481 (electronic book) |
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1139078488 (electronic book) |
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9780511835216 (electronic book) |
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0511835213 (electronic book) |
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9781139083027 |
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1139083023 |
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9781139080750 (e-book) |
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113908075X |
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9781139080750 |
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9781107004368 |
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1107004365 |
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9780521179461 |
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0521179467 |
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