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Paperback Mechanism Design: A Linear Programming Approach Book

ISBN: 0521179467

ISBN13: 9780521179461

Mechanism Design: A Linear Programming Approach

(Book #47 in the Econometric Society Monographs Series)

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Book Overview

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...

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