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Mechanism design : = a linear progra...

Vohra, Rakesh V.

Mechanism design : = a linear programming approach /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Mechanism design :/ Rakesh V. Vohra.
其他題名:	a linear programming approach /
作者:	Vohra, Rakesh V.
出版者:	Cambridge ;Cambridge University Press, : 2011.,
面頁冊數:	x, 172 p. :ill. ; : 23 cm.;
標題:	Machine theory. -
ISBN:	9780521179461 (pbk.) :

Mechanism design : = a linear programming approach /
Vohra, Rakesh V.

Mechanism design :a linear programming approach /Rakesh V. Vohra. - Cambridge ;Cambridge University Press,2011. - x, 172 p. :ill. ;23 cm. - Econometric Society monographs ;47.

Includes bibliographical references (p. 165-169) and index.

Machine generated contents note: 1. Introduction; 2. Arrow's theorem and its consequences; 3. Network flow problem; 4. Incentive compatibility; 5. Efficiency; 6. Revenue maximization; 7. Rationalizability.

"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"-- Provided by publisher.

ISBN: 9780521179461 (pbk.) :NT814

LCCN: 2011009042Subjects--Topical Terms:

527775
Machine theory.

LC Class. No.: HD30.23 / .V637 2011

Dewey Class. No.: 658.4/033

Mechanism design : = a linear programming approach /
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050 0 0 $a HD30.23 $b .V637 2011
082 0 0 $a 658.4/033 $2 22
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100 1 $a Vohra, Rakesh V. $3 558488
245 1 0 $a Mechanism design : $b a linear programming approach / $c Rakesh V. Vohra.
260 # $a Cambridge ; $a New York : $c 2011. $b Cambridge University Press,
300 $a x, 172 p. : $b ill. ; $c 23 cm.
490 0 $a Econometric Society monographs ; $v 47
504 $a Includes bibliographical references (p. 165-169) and index.
505 8 # $a Machine generated contents note: 1. Introduction; 2. Arrow's theorem and its consequences; 3. Network flow problem; 4. Incentive compatibility; 5. Efficiency; 6. Revenue maximization; 7. Rationalizability.
520 # $a "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"-- Provided by publisher.
650 # 0 $a Machine theory. $3 527775
650 # 0 $a Organizational behavior $x Mathematical models. $3 840908
650 # 0 $a Decision making $x Linear programming. $3 840907