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Mechanism design : = a linear progra...

Vohra, Rakesh V.

Mechanism design : = a linear programming approach /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Mechanism design :/ Rakesh V. Vohra.
Reminder of title:	a linear programming approach /
Author:	Vohra, Rakesh V.
Published:	Cambridge ;Cambridge University Press, : 2011.,
Description:	x, 172 p. :ill. ; : 23 cm.;
Subject:	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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003 DLC
005 20110824122821.0
008 120912s2011 enka b 001 0 eng
010 $a 2011009042
020 $a 9780521179461 (pbk.) : $c NT814
020 $a 0521179467 (pbk.)
020 $a 9781107004368 (cloth)
020 $a 1107004365 (cloth)
035 $a 2011009042
040 $a DLC $c DLC $d DLC $d NFU
042 $a pcc
050 0 0 $a HD30.23 $b .V637 2011
082 0 0 $a 658.4/033 $2 22
084 $a BUS069030 $2 bisacsh
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