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Mechanism design, Mathematical Economics and Statistics

Dushko Josheski

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Paperback / softback
08 May 2020
RRP: $88.17
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This books covers three topics in mathematical economics and economics theory which are solved by the use of methods from mathematical statistics. It starts with a mechanism design that covers themes such as: Vickrey-Clarke-Groves Mechanism, Vickrey auction, Mechanism Design Illustrated in a Walrasian Example,Constructing Decentralized Mechanisms, from Parameter Indexed Product Structures: Transition to Message-Indexed Product Structures. Than it continues with Prospect theory that covers themes such as: Prospect theory and Cumulative prospect theory, and their use in explanation of overbidding. And the final essay is: Myerson-Satterthwaite theorem and asymmetric FPA auctions, that includes numerical solution of the asymmetric auctions.

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RRP: $88.17
$71.00
Ships in 3-5 business days
Hurry up! Current stock:

Mechanism design, Mathematical Economics and Statistics

RRP: $88.17
$71.00

Description

This books covers three topics in mathematical economics and economics theory which are solved by the use of methods from mathematical statistics. It starts with a mechanism design that covers themes such as: Vickrey-Clarke-Groves Mechanism, Vickrey auction, Mechanism Design Illustrated in a Walrasian Example,Constructing Decentralized Mechanisms, from Parameter Indexed Product Structures: Transition to Message-Indexed Product Structures. Than it continues with Prospect theory that covers themes such as: Prospect theory and Cumulative prospect theory, and their use in explanation of overbidding. And the final essay is: Myerson-Satterthwaite theorem and asymmetric FPA auctions, that includes numerical solution of the asymmetric auctions.

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