An Introduction to the Theory of Mechanism Design

Published: May 21, 2015
Abstract
What is the best way to auction an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? This book addresses these questions and more through an exploration of the economic theory of mechanism design. Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predictions about the behavior of strategic players,...
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Title
An Introduction to the Theory of Mechanism Design
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Published Date
May 21, 2015
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