Motivation, Information and Economic Mechanisms

Author: Tian Guoqiang
Publisher:
Publish Date: 2000-10-01
Features: This book primarily discusses the issues of information efficiency and incentive compatibility in the design of economic mechanisms. The entire book is divided into 6 parts:
1. Incentive mechanism design under Nash strategy equilibrium behavior.
2. How incentive mechanisms in public ownership or mixed economic environments lead to efficient resource allocation.
3. Incentive mechanism design under incomplete information.
4. How decentralized economic mechanisms achieve Paretooptimal allocation in certain special economic environments.
5. Dual implementation of Walrasian allocation and Lindahl allocation.
6. Information efficiency.