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Record Nr. |
UNINA9910789529903321 |
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Autore |
Vohra Rakesh V. |
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Titolo |
Mechanism design : a linear programming approach / / Rakesh V. Vohra [[electronic resource]] |
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Pubbl/distr/stampa |
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Cambridge : , : Cambridge University Press, , 2011 |
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ISBN |
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1-107-71423-0 |
0-511-83521-3 |
1-283-19323-X |
1-139-07619-1 |
9786613193230 |
1-139-08302-3 |
1-139-07047-9 |
1-139-08075-X |
1-139-07848-8 |
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Descrizione fisica |
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1 online resource (x, 172 pages) : digital, PDF file(s) |
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Collana |
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Econometric Society monographs ; ; 47 |
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Classificazione |
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Disciplina |
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Soggetti |
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Decision making - Linear programming |
Organizational behavior - Mathematical models |
Machine theory |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Title from publisher's bibliographic system (viewed on 05 Oct 2015). |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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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. |
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Sommario/riassunto |
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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 |
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