£97.00

Cambridge University Press Designing Economic Mechanisms

Name: Designing Economic Mechanisms
Brand: Cambridge University Press
Price: 97.0 GBP
Availability: InStock

Applied Mathematics

It has never been this cheap. We have no record of a lower price.

£97 today · cheaper than every other day in the last 3 months

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 90 days • 90 data points

Historical

Generating forecast...

Price Distribution

Price distribution over 90 days • 3 price levels

Days at Price

Current Price

Price Analysis

Most common price: £97 (44 days, 48.9%)

Price range: £97 - £107

Price levels: 3 different prices over 90 days

Description

A 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.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521836417
Category: Books > Subjects > Science, Nature & Maths > Mathematics > Applied Mathematics
Domain: Amazon UK
Release Date: 22 May 2006
Listed Since: 27 December 2006

Barcode

No barcode data available

Cambridge University Press Designing Economic Mechanisms

It has never been this cheap. We have no record of a lower price.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Economics and the Theory of Games

The Theory of Institutional Design

The Invisible Hand in Virtual Worlds: The Economic Order of Video Games

Money Capital in the Theory of the Firm: A Preliminary Analysis

Market Microstructure: Intermediaries and the Theory of the Firm

Strategy without Design: The Silent Efficacy of Indirect Action

The Economics of Cultural Policy

Structural Economic Dynamics: A Theory of the Economic Consequences of Human Learning

Simulation-based Inference in Econometrics: Methods and Applications

Economic Choice Theory: An Experimental Analysis of Animal Behavior

Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined

Mathematical Programs with Equilibrium Constraints

Institutional Economics: Theory and Practice

A Theory of Economic Growth: Dynamics and Policy in Overlapping Generations

Economics of Cities: Theoretical Perspectives

Econophysics and Companies: Statistical Life and Death in Complex Business Networks

Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium

Economic Theories in a Non-Walrasian Tradition (Historical Perspectives on Modern Economics)

Epistemic Game Theory: Reasoning and Choice

Economics with Heterogeneous Interacting Agents: A Practical Guide to Agent-Based Modeling (New Economic Windows)

Games and Coalitions: Bridging Non-cooperative and Cooperative Approaches

General Equilibrium Theory

Probabilistic Modelling

Bandit Algorithms