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Communication in mechanism design : a differential approach /

Mechanism design is the field of economics that treats institutions and procedures as variables that can be selected in order to achieve desired objectives. An important aspect of a mechanism is the communication among its participants that it requires, which complements other design features such a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Williams, Steven R., 1954-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge ; New York : Cambridge University Press, 2008.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Communication in mechanism design :  |b a differential approach /  |c Steven R. Williams. 
260 |a Cambridge ;  |a New York :  |b Cambridge University Press,  |c 2008. 
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520 |a Mechanism design is the field of economics that treats institutions and procedures as variables that can be selected in order to achieve desired objectives. An important aspect of a mechanism is the communication among its participants that it requires, which complements other design features such as incentives and complexity. A calculus-based theory of communication in mechanisms is developed in this book. The value of a calculus-based approach lies in its familiarity as well as the insight into mechanisms that it provides. Results are developed concerning (i) a first order approach to the construction of mechanisms, (ii) the range of mechanisms that can be used to achieve a given objective, as well as (iii) lower bounds on the required communication. 
505 0 |a Cover; Half-title; Title; Copyright; Dedication; Contents; Preface; Acknowledgment; 1 Introduction; 2 Classical Concepts and Results; 3 Application to Mechanisms; 4 Realizing a C ... Mapping; Bibliography; Index 
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