Communication in Mechanism Design: A Differential Approach Book + PRICE WATCH * Amazon pricing is not included in price watch

Communication in Mechanism Design: A Differential Approach Book

An important aspect of an economic mechanism is the communication among its participants that it requires, which complements other design features such as incentives and complexity. A calculus-based theory of communication in mechanisms is developed in this book.Read More

from£54.33 | RRP: £47.00
* Excludes Voucher Code Discount Also available Used from £26.13
  • Product Description

    Mechanism design is the field of economics that treats institutions and procedures as variables that can be selected in order to achieve desired objectives. An important aspect of a mechanism is the communication among its participants that it requires, which complements other design features such as incentives and complexity. A calculus-based theory of communication in mechanisms is developed in this book. The value of a calculus-based approach lies in its familiarity as well as the insight into mechanisms that it provides. Results are developed concerning (i) a first order approach to the construction of mechanisms, (ii) the range of mechanisms that can be used to achieve a given objective, as well as (iii) lower bounds on the required communication.

  • 0521851319
  • 9780521851312
  • Steven R. Williams
  • 2 June 2008
  • Cambridge University Press
  • Hardcover (Book)
  • 216
  • New title
As an Amazon Associate we earn from qualifying purchases. If you click through any of the links below and make a purchase we may earn a small commission (at no extra cost to you). Click here to learn more.

Would you like your name to appear with the review?

We will post your book review within a day or so as long as it meets our guidelines and terms and conditions. All reviews submitted become the licensed property of www.find-book.co.uk as written in our terms and conditions. None of your personal details will be passed on to any other third party.

All form fields are required.