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Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
|---|---|---|---|---|---|
Searching... | 30000010130360 | HB846 S62 2005 | Open Access Book | Book | Searching... |
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Summary
Summary
Published as a tribute to the memory of Elisha Pazner, this book contains a collection of essays providing a comprehensive view of the design and evaluation of economic mechanisms, written and edited by the major contributors to the field. Amongst the topics included are bargaining theory and the economics of competitive bidding. The surveys are preceded by 'A Perspective', by Leo Hurwicz which contains a systematic account of the development of the literature on mechanism design, and this provides a context for both the surveys and the six published papers authored or co-authored by Elisha Pazner that complete the book and demonstrate Pazner's interest in and contribution to the study of economic mechanisms. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets.
Table of Contents
| Elisha A. Pazner |
| Editors' preface |
| List of contributors |
| 1 A perspective Leonid Hurwicz |
| Part 1 The Surveys |
| 2 Axioms for social welfare orderingsClaude d'Aspremont |
| 3 Solutions to the bargaining problemEhud Kalai |
| 4 Theories of justice based on symmetryWilliam Thomson and Hal R. Varian |
| 5 Strategy-proofness: the existence of dominant-strategy mechanismsEitan Muller and Mark A. Satterthwaite |
| 6 The theory of implementation in Nash equilibrium: a surveyEric S. Maskin |
| 7 Implementation via Nash equilibria in economic environmentsAndrew Postlewaite |
| 8 Bayesian equilibrium and incentive-compatibility: an introductionRoger B. Myerson |
| 9 The economics of competitive bidding: a selective surveyPaul R. Milgrom |
| Part II Six PapersElisha A. Pazner |
| 10 A difficulty in the concept of fairness (David Schmeidler) |
| 11 Recent thinking on economic justice |
| 12 Social contract theory and ordinal distributive equity (David Schmeidler) |
| 13 Pitfalls in the theory of fairness |
| 14 Cheatproofness properties of the plurality rule in large societies (Eugene Wesley) |
| 15 Egalitarian equivalent allocations: a new concept of economic equity (David Schmeidler) |
| Author index |
| Subject index |
