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Mechanism design
- Martin J. Osborne(author)
- Ariel Rubinstein(author)
Chapter of: Models in Microeconomic Theory: Expanded Second Edition (She)(pp. 297–304)
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Title | Mechanism design |
---|---|
Contributor | Martin J. Osborne(author) |
Ariel Rubinstein(author) | |
DOI | https://doi.org/10.11647/OBP.0361.17 |
Landing page | https://www.openbookpublishers.com/books/10.11647/obp.0361/chapters/10.11647/obp.0361.17 |
License | https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Copyright | Martin J. Osborne; Ariel Rubinstein |
Publisher | Open Book Publishers |
Published on | 2023-06-26 |
Long abstract | In this chapter, we turn this methodology on its head. That is, we seek a set of rules for the interaction between the individuals that generates specific outcomes. Analyses of this type are called “mechanism design”. This field is huge; we demonstrate some of the basic ideas through a simple model. |
Page range | pp. 297–304 |
Print length | 7 pages |
Language | English (Original) |
Landing Page | Full text URL | Platform | |||
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https://books.openbookpublishers.com/10.11647/obp.0361.17.pdf | Landing page | https://books.openbookpublishers.com/10.11647/obp.0361.17.pdf | Full text URL | Publisher Website |
Contributors
Martin J. Osborne
(author)Professor Emeritus of Economics at University of Toronto
Ariel Rubinstein
(author)Emeritus in School of Economics at Tel Aviv University
Professor of Economics at New York University