Communication in Mechanism Design A Differential Approach
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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.
| Publisher Name | Cambridge University Press |
|---|---|
| Author Name | Hagendorf, Col |
| Format | Audio |
| Bisac Subject Major | BUS |
| Language | NG |
| Isbn 10 | 1107407397 |
| Isbn 13 | 9781107407398 |
| Target Age Group | min:NA, max:NA |
| Dimensions | 00.90" H x 00.06" L x 00.00" W |
| Page Count | 216 |
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