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Communication in mechanism design : = a differential approach /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Communication in mechanism design :/ Steven R. Williams.
Reminder of title:	a differential approach /
Author:	Williams, Steven R.,
Description:	1 online resource (xv, 197 pages) :digital, PDF file(s). :
Notes:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject:	Econometric models. -
Online resource:	https://doi.org/10.1017/CBO9780511753923
ISBN:	9780511753923 (ebook)

Communication in mechanism design : = a differential approach /
Williams, Steven R.,1954-

Communication in mechanism design :a differential approach /Steven R. Williams. - 1 online resource (xv, 197 pages) :digital, PDF file(s).

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

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.

ISBN: 9780511753923 (ebook)Subjects--Topical Terms:

556561
Econometric models.

LC Class. No.: HB141 / .W557 2008

Dewey Class. No.: 330.01/5195

Communication in mechanism design : = a differential approach /
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500 $a Title from publisher's bibliographic system (viewed on 05 Oct 2015).
520 $a 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.
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