LEADER 03606nam 2200757Ia 450 001 9910811940903321 005 20200520144314.0 010 $a1-107-16145-2 010 $a1-280-48029-7 010 $a0-511-22048-0 010 $a0-511-22099-5 010 $a0-511-21900-8 010 $a0-511-30896-5 010 $a0-511-75425-6 010 $a0-511-21968-7 035 $a(CKB)1000000000353024 035 $a(EBL)261102 035 $a(OCoLC)252521752 035 $a(SSID)ssj0000137377 035 $a(PQKBManifestationID)11134644 035 $a(PQKBTitleCode)TC0000137377 035 $a(PQKBWorkID)10088094 035 $a(PQKB)10036214 035 $a(UkCbUP)CR9780511754258 035 $a(Au-PeEL)EBL261102 035 $a(CaPaEBR)ebr10130414 035 $a(CaONFJC)MIL48029 035 $a(OCoLC)173610029 035 $a(MiAaPQ)EBC261102 035 $a(PPN)26136247X 035 $a(EXLCZ)991000000000353024 100 $a20051129d2006 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aDesigning economic mechanisms /$fLeonid Hurwicz, Stanley Reiter 205 $a1st ed. 210 $aCambridge ;$aNew York $cCambridge University Press$d2006 215 $a1 online resource (ix, 344 pages) $cdigital, PDF file(s) 300 $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015). 311 $a0-521-72410-4 311 $a0-521-83641-7 320 $aIncludes bibliographical references (p. 335-340) and index. 327 $aCover; Half-title; Title; Copyright; Contents; Acknowledgements; Introduction; One Mechanisms and Mechanism Design; Two From Goals to Means: Constructing Mechanisms; Three Designing Informationally Efficient Mechanisms Using the Language of Sets; Four Revelation Mechanisms; References; Index 330 $aA mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones. Lawmakers, administrators and officers of private companies create institutions in order to achieve desired goals. They seek to do so in ways that economize on the resources needed to operate the institutions, and that provide incentives that induce the required behaviors. This book presents systematic procedures for designing mechanisms that achieve specified performance, and economize on the resources required to operate the mechanism. The systematic design procedures are algorithms for designing informationally efficient mechanisms. Most of the book deals with these procedures of design. When there are finitely many environments to be dealt with, and there is a Nash-implementing mechanism, our algorithms can be used to make that mechanism into an informationally efficient one. Informationally efficient dominant strategy implementation is also studied. 606 $aEconomics, Mathematical 606 $aEconomics$xMathematical models 606 $aMathematical optimization 606 $aGame theory 615 0$aEconomics, Mathematical. 615 0$aEconomics$xMathematical models. 615 0$aMathematical optimization. 615 0$aGame theory. 676 $a330.01/5195 686 $a83.03$2bcl 700 $aHurwicz$b Leonid$0104011 701 $aReiter$b Stanley$0614513 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910811940903321 996 $aDesigning economic mechanisms$91131337 997 $aUNINA