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Communication In Mechanism Design "A Differential Approach"

A Differential Approach

Communication In Mechanism Design "A Differential Approach". A Differential Approach

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  • ISBN:9780521851312
  • Editorial: Cambridge University Press
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:216
  • Idiomas:Ingles,Inglés

Materias:

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.

1 Introduction 1
2 Classical Concepts and Results 35
3 Application to Mechanisms 74
4 Realizing a C [superscript [infinity]] Mapping 125
Bibliography 191

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