02903nam a2200445 a 4500 EBC691956 MiAaPQ 20250821113734.0 m o d | cr cn||||||||| 110228s2011 enka sb 001 0 eng d 2011009042 9781107004368 (hardback) 9780521179461 (paperback) 9781139080750 (electronic bk.) (MiAaPQ)EBC691956 (Au-PeEL)EBL691956 (CaPaEBR)ebr10476521 (CaONFJC)MIL319323 (OCoLC)735594214 MiAaPQ MiAaPQ MiAaPQ HD30.23 .V637 2011 658.4/033 22 Vohra, Rakesh V. 332128 Mechanism design [electronic resource] : a linear programming approach / Rakesh V. Vohra. Cambridge ; New York : Cambridge University Press, 2011. x, 172 p. : ill. Econometric Society monographs ; 47 Includes bibliographical references and index. Machine generated contents note: 1. Introduction; 2. Arrow's theorem and its consequences; 3. Network flow problem; 4. Incentive compatibility; 5. Efficiency; 6. Revenue maximization; 7. Rationalizability. "Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design"-- Provided by publisher. Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. Decision making Linear programming. 332129 Organizational behavior Mathematical models. 332130 Machine theory. 332131 Electronic books. 35142 ProQuest (Firm) 332132 Econometric Society monographs ; no. 47. 332133 https://ebookcentral.proquest.com/lib/kuct-ebooks/detail.action?docID=691956 Click to View 271333 271333