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Bayesian Implementation: Fundamentals of Pure and Applied Economics Series

Autor Thomas R. Palfrey
en Limba Engleză Hardback – 4 noi 2019
The implementation problem lies at the heart of a theory of institutions. Simply stated, the aim of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise. The first part of "Bayesian Implementation" presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.
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Specificații

ISBN-13: 9781138469495
ISBN-10: 1138469491
Pagini: 122
Dimensiuni: 138 x 216 mm
Greutate: 0.39 kg
Ediția:1
Editura: CRC Press
Colecția CRC Press
Seria Fundamentals of Pure and Applied Economics Series


Public țintă

Professional

Cuprins

1. Introduction 2. A General Model 3. Characterizing Implementable Allocation Rules 4. Applications 5. Preplay Communication and Renegotiation 6. Other Topics

Descriere

Presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest (public goods provision, auctions and bargaining) are special cases of this model and are also discussed.

Notă biografică

Thomas R. Palfrey California Institute of Technology, Pasadena, USA, Sanjay Srivastava Carnegie Mellon University, Pittsburgh, Pennsylvania, USA.