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portada Communication in Mechanism Design Hardback: A Differential Approach
Type
Physical Book
Year
2008
Language
English
Pages
216
Format
Hardcover
Weight
1
ISBN
0521851319
ISBN13
9780521851312

Communication in Mechanism Design Hardback: A Differential Approach

Steven R. Williams (Author) · Cambridge University Press · Hardcover

Communication in Mechanism Design Hardback: A Differential Approach - Steven R. Williams

New Book

£ 88.07

  • Condition: New
Origin: Spain (Import costs included in the price)
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Synopsis "Communication in Mechanism Design Hardback: A Differential Approach"

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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