Bayesian Implementation
Book Details
Format
Paperback / Softback
ISBN-10
3718653141
ISBN-13
9783718653140
Publisher
Harwood-Academic Publishers
Imprint
Harwood-Academic Publishers
Country of Manufacture
CH
Country of Publication
GB
Publication Date
Dec 23rd, 1993
Print length
116 Pages
Weight
158 grams
Product Classification:
EconomicsApplied mathematics
Ksh 13,700.00
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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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