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 Author: Hurwicz, Leonid.
Other Authors: Reiter, Stanley.
Format: eBook
Language:English
Published: Cambridge ; New York : Cambridge University Press, 2006.
Subjects:
Online Access:CONNECT
CONNECT
Table of Contents:
  • Mechanisms and mechanism design
  • From goals to means : constructing mechanisms
  • Designing informationally efficient mechanisms using the language of sets
  • Revelation mechanisms.