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Mechanism Design: A Linear Programming Approach
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Mechanism Design: A Linear Programming Approach Paperback - 2011 - 1st Edition

by Rakesh V. Vohra

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From the publisher

Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design.

Details

  • Title Mechanism Design: A Linear Programming Approach
  • Author Rakesh V. Vohra
  • Binding Paperback
  • Edition number 1st
  • Edition 1
  • Pages 184
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press, New York, NY
  • Publication date 2011-05-09
  • Illustrated Yes
  • Features Bibliography, Illustrated, Index, Table of Contents
  • ISBN 9780521179461 / 0521179467
  • Weight 0.6 lbs (0.27 kg)
  • Dimensions 8.9 x 6 x 0.7 in (22.61 x 15.24 x 1.78 cm)
  • Themes
    • Aspects (Academic): Science/Technology Aspects
  • Category Business / Economics / Finance
  • Library of Congress subjects Machine theory, Organizational behavior - Mathematical models
  • Library of Congress Catalogue Number 2011009042
  • Dewey Decimal Code 658.403
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Mechanism Design: A Linear Programming Approach

Mechanism Design: A Linear Programming Approach

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Mechanism Design: A Linear Programming Approach

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Mechanism Design: A Linear Programming Approach

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Mechanism Design: A Linear Programming Approach (Econometric Society Monographs, Series Number 47)
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paperback. ISBN: 9780521179461
Publisher ‏ : ‎ Cambridge University Press,  May 9, 2011
Paperback, 184 pages
Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the… Read more
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