Suchergebnisse
Suchergebnisse:
Online ISBN: 9780511754258. DOI: https://doi.org/10.1017/CBO9780511754258. Subjects: Economics , Algorithmics, Complexity, Computer Algebra, Computational Geometry , Microeconomics , Computer Science. 37.99 (GBP) Digital access for individuals. (PDF download and/or read online)
- Leonid Hurwicz, Stanley Reiter
- 2006
This book presents an approach to the design of decentralized, informationally efficient economic mechanisms. We provide a systematic process by which a designer of mechanisms, who is presented with a class of possible situations by a client (perhaps a private agent, or a government) and with the client's aims and objectives, can produce ...
book presents systematic procedures for designing mechanisms that achieve specifiedperformanceandeconomizeontheresourcesrequiredtooperatethe mechanism, i.e., informationally efficient mechanisms. Our systematic design procedures can be viewed as algorithms for designing informationally efficient mechanisms. Most of the book deals with these ...
Designing Economic Mechanisms. L. Hurwicz, S. Reiter. Published 22 May 2006. Economics. A mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones.
Summary. This book presents an approach to the design of decentralized, informationally efficient economic mechanisms. We provide a systematic process by which a designer of mechanisms, who is presented with a class of possible situations by a client (perhaps a private agent, or a government) and with the client's aims and objectives, can ...
Designing Economic Mechanisms is a 2006 book by economists Leonid Hurwicz and Stanley Reiter. Hurwicz received the 2007 Nobel Memorial Prize in Economic Sciences with Eric Maskin and Roger Myerson for their work on mechanism design.
22. Mai 2006 · Designing Economic Mechanisms. Leonid Hurwicz, Stanley Reiter. Cambridge University Press, May 22, 2006 - Business & Economics. A mechanism is a mathematical structure that models...
