Communication in Mechanism Design - A Differential Approach (Hardcover, New)

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.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	June 2008
First published:	June 2008
Authors:	Steven R. Williams
Dimensions:	233 x 159 x 20mm (L x W x T)
Format:	Hardcover
Pages:	216
Edition:	New
ISBN-13:	978-0-521-85131-2
Categories:	Books > Business & Economics > Economics > General Promotions
LSN:	0-521-85131-9
Barcode:	9780521851312

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