A01=Thomas R. Palfrey
advanced institutional economics
auction mechanisms
Author_Thomas R. Palfrey
Bayesian implementation
Bayesian implementation problem
Category=KC
Category=PBW
collective decision making
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
game theoretic analysis
implementation theory
incentive compatibility
mechanism design
political institutions
public goods provision
social choice theory
Product details
- ISBN 9783718653140
- Weight: 158g
- Dimensions: 138 x 216mm
- Publication Date: 23 Dec 1993
- Publisher: Harwood-Academic Publishers
- Publication City/Country: CH
- Product Form: Paperback
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The implementation problem lies at the heart of a theory of institutions. Simply stated, the aim of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise. The first part of "Bayesian Implementation" presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.
Thomas R. Palfrey California Institute of Technology, Pasadena, USA, Sanjay Srivastava Carnegie Mellon University, Pittsburgh, Pennsylvania, USA.
