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Author: Nicolás Andrés Figueroa González
Publisher:
ISBN:
Category :
Languages : en
Pages : 146
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Book Description
Author: Nicolás Andrés Figueroa González
Publisher:
ISBN:
Category :
Languages : en
Pages : 146
Get Book Here
Book Description
Author: Yu Wang
Publisher: VDM Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
I utilize a mechanism design framework to show that the current most popular practice in the timeshare exchange industry can be greatly improved without a tremendous change in their fundamental systems. By focusing on the ten-billion dollar timeshare industry and proposing a superior mechanism to improve its operation, the research has signi-ficant substantive implications. At the same time, from the theoretical perspective, the research extends the literature on one-sided matching to cases where supply of resources is dynamic and resources can be stored. I also study the theoretical relationship between two impor-tant matching mechanisms: Top Trading Cycles (TTC) mechanism and Top Trading Cycles and Chains (TTCC) mechanism. I show that given a specific chain selection rule of TTCC, it can be reduced to TTC. How-ever, this applies to only one special case and do not generalize to cases where other types of chain selection rules are used. Given the obvious link between the mechanism design work and the business systems that we observe in the marketplace, one of the potential contributions of my research is to encourage mechanism design study in management science.
Author: Jin Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 222
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Book Description
Author: Dirk Bergemann
Publisher: World Scientific
ISBN: 9814374598
Category : Business & Economics
Languages : en
Pages : 471
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Book Description
Robust Mechanism Design: the Role of Private Information and Higher Order Beliefs.
Author: John E. Roemer
Publisher: Cambridge University Press
ISBN: 9780521574457
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
Fifteen essays, written over the past dozen years, explore contemporary philosophical debates on egalitarianism, using the tools of modern economic theory, general equilibrium theory, game theory, and the theory of mechanism design.
Author: Rakesh V. Vohra
Publisher: Cambridge University Press
ISBN: 1139499173
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design.
Author: Dirk Bergemann
Publisher: World Scientific
ISBN: 981437458X
Category : Business & Economics
Languages : en
Pages : 471
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Book Description
Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This volume brings together the collected contributions on the theme of robust mechanism design and robust implementation that Dirk Bergemann and Stephen Morris have been working on for the past decade. The collection is preceded by a comprehensive introductory essay, specifically written for this volume with the aim of providing the readers with an overview of the research agenda pursued in the collected papers.The introduction selectively presents the main results of the papers, and attempts to illustrate many of them in terms of a common and canonical example, namely a single unit auction with interdependent values. It is our hope that the use of this example facilitates the presentation of the results and that it brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.
Author: Samiran Banerjee
Publisher: Oxford University Press
ISBN: 0199313288
Category : Business & Economics
Languages : en
Pages : 407
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Book Description
"Funded in part by The Heller-Hurwicz Economics Institute, University of Minnesota"--Title page.
Author: Robert M. Townsend
Publisher: MIT Press
ISBN: 0262019078
Category : Business & Economics
Languages : en
Pages : 163
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Book Description
Lessons learned in the process of designing and implementing one of the longest-running panel data surveys in development economics.
Author: Francesco Sorge
Publisher: Springer
ISBN: 3319226800
Category : Technology & Engineering
Languages : en
Pages : 402
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Book Description
This book treats several subjects from the History of Mechanism and Machine Science, and also contains an illustrative presentation of the Museum of Engines and Mechanisms of the University of Palermo, Italy, which houses a collection of various pieces of machinery from the last 150 years. The various sections deal with some eminent scientists of the past, with the history of industrial installations, machinery and transport, with the human inventiveness for mechanical and scientific devices, and with robots and human-driven automata. All chapters have been written by experts in their fields. The volume shows a wide-ranging panorama on the historical progress of scientific and technical knowledge in the past centuries. It will stimulate new research and ideas for those involved in the history of Science and Technology.
