Designing economic mechanisms /

A mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones. Lawmakers, administrators and officers of private companies create institutions in order to achieve desire...

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Bibliographic Details
Main Authors: Hurwicz, Leonid (Author), Reiter, Stanley (Author)
Format: eBook
Language:English
Published: Cambridge : Cambridge University Press, 2006.
Subjects:
Online Access:CONNECT