Mechanism Design : A Linear Programming Approach

Rakesh V. Vohra

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Language: English

Published by Cambridge University Press, 2011

1107004365 / 9781107004368

Series: Book 9 of 27 - Econometric Society Monographs

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Druck auf Anfrage Neuware - Printed after ordering - 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.…

Seller Inventory # 9781107004368

Title
Mechanism Design : A Linear Programming Approach
Author
Rakesh V. Vohra
Publisher
Cambridge University Press
Publication year
2011
Condition
Neu
Binding
Buch
Language
English
ISBN 10
1107004365
ISBN 13
9781107004368
Item weight
426 grams
Dimensions
235x157x15 mm
Series
Book 9 of 27: Econometric Society Monographs

AHA-BUCH GmbH

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