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An Introduction to the Theory of Mechanism Design

Tilman Borgers




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 | #382172 in Books |  imusti |  2015-06-01 | Original language:English | PDF # 1 |  6.30 x.90 x9.40l,.0 | File type: PDF | 264 pages

 | Oxford University Press USA

||8 of 13 people found the following review helpful.| "It may seem that we have gone to considerable length ...|By Tangren|"It may seem that we have gone to considerable length to derive a disappointing result, namely, a result that does not oer the seller any more sophisticated selling mechanisms than we are familiar with from elementary microeconomics. However, apart from introducing some technical tools that we use later in mo

What is the best way to auction an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? In An Introduction to the Theory of Mechanism Design, Tilman Börgers addresses these questions and more through an exploration of the economic theory of mechanism design. Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predicti...

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