An Introduction to the Theory of Mechanism Design

Borgers, Tilman; Krahmer, Daniel; Strausz, Roland

ISBN 10: 019973402X / ISBN 13: 9780199734023

Published by OUP USA, 2015

About this Item

What is the best way of auctioning an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? In this book, Tilman Brgers addresses these questions and more through an exploration of the economic theory of mechanism design, also known as reverse game theory. Game theory takes the rules of the game as a given and makes predictions about the behavior of strategic players, but the theory of mechanism design goes a step further to select the optimal rules of the game. A relatively new economic theory, mechanism design studies the instrument itself rather than the results of the instrument. An 8vo hardback in glossy black boards with gilt lettering to spine. The greenish dust jacket is sealed in a transparent wrapper with three short strokes of black ink to surface and a few blue stain to its verso. Small corner of the plastic wrapper inside the top rear fold is crease and semi-detached. Also, tiny marks of blue ink (probably from printing) to fore-edge. Otherwise in very good condition. Copyright ? OUP.

Seller Inventory # 463660

Bibliographic Details

• Title: An Introduction to the Theory of Mechanism Design
• Publisher: OUP USA
• Publication Date: 2015
• Language: English
• ISBN 10: 019973402X
• ISBN 13: 9780199734023
• Binding: Hardcover
• Edition: 1st Edition
• Condition: Good

About this title

Synopsis

An Introduction to the Theory of Mechanism Design is a rigorous but accessible exploration mechanism design, also known as reverse game theory.

About the Author

Tilman Börgers is Samuel Zell Professor of the Economics of Risk at the University of Michigan. Before coming to Michigan in 2005, he was Professor of Economics at University College London. He holds a PhD in economics from the London School of Economics.

Daniel Krähmer is Full Professor of Economics in the Department of Economics at Universität Bonn, Germany.

Roland Strausz is Full Professor and Chair of the Institute for Economic Theory at Humboldt-Universität Berlin, Germany.