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  • 1
    Online Resource
    Online Resource
    Cambridge ; : Cambridge University Press,
    UID:
    almafu_9959234676602883
    Format: 1 online resource (xv, 197 pages) : , digital, PDF file(s).
    ISBN: 1-107-17610-7 , 1-281-75108-1 , 9786611751081 , 0-511-41441-2 , 0-511-41509-5 , 0-511-41279-7 , 0-511-41187-1 , 0-511-75392-6 , 0-511-41371-8
    Content: 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.
    Note: Title from publisher's bibliographic system (viewed on 05 Oct 2015). , 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 , English
    Additional Edition: ISBN 1-107-40739-7
    Additional Edition: ISBN 0-521-85131-9
    Language: English
    URL: Volltext  (lizenzpflichtig)
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