Bayesian Implementation
Book Details
Format
Hardback or Cased Book
ISBN-10
1138469491
ISBN-13
9781138469495
Publisher
Taylor & Francis Ltd
Imprint
CRC Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Nov 4th, 2019
Print length
122 Pages
Weight
390 grams
Product Classification:
EconomicsBayesian inferenceApplied mathematics
Ksh 33,300.00
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Presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest (public goods provision, auctions and bargaining) are special cases of this model and are also discussed.
The implementation problem lies at the heart of a theory of institutions. Simply stated, the aim of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise. The first part of "Bayesian Implementation" presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.
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