03385nam 22006972 450 991046132300332120151005020621.01-107-71423-00-511-83521-31-283-19323-X1-139-07619-197866131932301-139-08302-31-139-07047-91-139-08075-X1-139-07848-8(CKB)2670000000094361(EBL)691956(OCoLC)735594214(SSID)ssj0000506830(PQKBManifestationID)11344047(PQKBTitleCode)TC0000506830(PQKBWorkID)10545374(PQKB)10169850(UkCbUP)CR9780511835216(MiAaPQ)EBC691956(Au-PeEL)EBL691956(CaPaEBR)ebr10476521(CaONFJC)MIL319323(EXLCZ)99267000000009436120101116d2011|||| uy| 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierMechanism design a linear programming approach /Rakesh V. Vohra[electronic resource]Cambridge :Cambridge University Press,2011.1 online resource (x, 172 pages) digital, PDF file(s)Econometric Society monographs ;47Title from publisher's bibliographic system (viewed on 05 Oct 2015).0-521-17946-7 1-107-00436-5 Includes bibliographical references and index.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.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 results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design.Econometric Society monographs ;47.Decision makingLinear programmingOrganizational behaviorMathematical modelsMachine theoryDecision makingLinear programming.Organizational behaviorMathematical models.Machine theory.658.4/033Vohra Rakesh V.630474UkCbUPUkCbUPBOOK9910461323003321Mechanism design2479803UNINA