An Introduction to Robust Mechanism Design

Author:   Dirk Bergemann ,  Stephen Morris
Publisher:   now publishers Inc
ISBN:  

9781601986443


Pages:   72
Publication Date:   22 February 2013
Format:   Paperback
Availability:   In Print   Availability explained
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An Introduction to Robust Mechanism Design


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Overview

An Introduction to Robust Mechanism Design brings together and presents a number of results on the theme of robust mechanism design and robust implementation that the authors have been working on in the past decade. This work examines the implications of relaxing the strong informational assumptions that drive much of the mechanism design literature. The objective is to provide the reader with an overview of the research agenda and present the main results of this research by illustrating it in terms of a common and canonical example – the single unit auction with interdependent values. In addition, the monograph includes an extended discussion on the role of alternative assumptions about type spaces in the authors' work. It also discusses the literature to explain the common logic of the informational robustness approach that unifies the work that is surveyed in this monograph.

Full Product Details

Author:   Dirk Bergemann ,  Stephen Morris
Publisher:   now publishers Inc
Imprint:   now publishers Inc
Dimensions:   Width: 15.60cm , Height: 0.40cm , Length: 23.40cm
Weight:   0.116kg
ISBN:  

9781601986443


ISBN 10:   1601986440
Pages:   72
Publication Date:   22 February 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction. Leading Example: Allocating a Private Good with Interdependent Values. Type Spaces. Robust Foundations for Dominant and Ex Post Incentive Compatibility. Full Implementation. Open Issues. References

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