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Mechanism Design Theory

Mechanism design theory defines institutions as non-cooperative games, and compares different institutions in terms of the equilibrium outcomes of these games. It allows economists and other social scientists to analyze the performance of institutions rela-tive to the theoretical optimum. Mechanism design has produced a large number of important insights in a wide range of applied contexts, influencing economic policy as well as market institutions. We have discussed here some of the most important results and applications.

Từ khóa: Introduction Mechanism Design Theory, Key concepts mechanism Design Theory, Applications mechanism Design Theory, Lý thuyết thiết kế cơ chế, Giới thiệu lý thuyết thiết kế cơ chế

  29 p caodangnghe_01 23/10/2018 1 0

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