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101 0 $aeng
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181   $ctxt$2rdacontent
182   $cc$2rdamedia
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200 10$aMechanism design $ea linear programming approach /$fRakesh V. Vohra$b[electronic resource]
210  1$aCambridge :$cCambridge University Press,$d2011.
215   $a1 online resource (x, 172 pages) $cdigital, PDF file(s)
225 1 $aEconometric Society monographs ;$v47
300   $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
311   $a0-521-17946-7 
311   $a1-107-00436-5 
320   $aIncludes bibliographical references and index.
327   $aMachine 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.
330   $aMechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design.
410  0$aEconometric Society monographs ;$v47.
606   $aDecision making$xLinear programming
606   $aOrganizational behavior$xMathematical models
606   $aMachine theory
615  0$aDecision making$xLinear programming.
615  0$aOrganizational behavior$xMathematical models.
615  0$aMachine theory.
676   $a658.4/033
686   $aBUS069030$2bisacsh
700   $aVohra$b Rakesh V.$0630474
801  0$bUkCbUP
801  1$bUkCbUP
906   $aBOOK
912   $a9910810471103321
996   $aMechanism design$93944539
997   $aUNINA