Hidden Bibliographic Details
| ISBN: | 9781139078481
1139078488
9780511835216
0511835213
9781139083027
1139083023
9781139080750
113908075X
9781139080750
9781107004368
1107004365
9780521179461
0521179467
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| Digital file characteristics: | data file
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| Notes: | Includes bibliographical references and index.
Print version record.
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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
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| Other form: | Print version: Vohra, Rakesh V. Mechanism design. Cambridge ; New York : Cambridge University Press, 2011 9781107004368
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