Can I read The Theory Of Implementation Of Socially Optimal Decisions In Economics on EtoBox?

The Theory Of Implementation Of Socially Optimal Decisions In Economics by Corchón, Luis C. is a book available to read on EtoBox.

What is The Theory Of Implementation Of Socially Optimal Decisions In Economics about?

Since The Early 1970s, Following The Pioneering Work Of Leo Hurwicz, Economists Have Been Studying The Relationship Between Socially Optimal Goals And Private Self-interest. The Task Was To Reconcile The Utopian And Hobbesian Traditions, Using Game Theory To Find Ways To Organize The Society That Are Both Socially Optimal And Incentive-compatible. The Book Provides A Succinct And Up-to-date Account Of This Vast Literature And Will Be Welcomed By Students, Lecturers And Anyone Wishing To Update Their Knowledge Of The Field. 1. Economies With Public Goods -- 2. Resource Allocation Mechanisms -- 3. Dominant Strategies And Direct Mechanisms -- 4. Implementation In Nash Equilibrium (i): General Results -- 5. Implementation In Nash Equilibrium (ii): Applications -- 6. Refining Nash Implementation -- 7. Bayesian Implementation. Luis C. Corchón. Includes Bibliographical References And Index.

Author

Corchón, Luis C.

Publisher

Macmillan St. Martin's Press

Published

1996

Language

EN

ISBN

9780230372832

Subjects

Economics, Management, Business