Models of bounded rationality and mechanism design:
"This book brings together the authors' joint papers from over a period of more than twenty years. The collection includes seven papers, each of which presents a novel and rigorous model in Economic Theory. All of the models are within the domain of implementation and mechanism design theo...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Singapore
World Scientific Publishing Co. Pte. Ltd.
c2017
|
| Schriftenreihe: | World Scientific series in economic theory
volume 7 |
| Schlagworte: | |
| Online-Zugang: | FHN01 Volltext |
| Zusammenfassung: | "This book brings together the authors' joint papers from over a period of more than twenty years. The collection includes seven papers, each of which presents a novel and rigorous model in Economic Theory. All of the models are within the domain of implementation and mechanism design theories. These theories attempt to explain how incentive schemes and organizations can be designed with the goal of inducing agents to behave according to the designer's (principal's) objectives. Most of the literature assumes that agents are fully rational. In contrast, the authors inject into each model an element which conflicts with the standard notion of full rationality, demonstrating how such elements can dramatically change the mechanism design problem. Although all of the models presented in this volume touch on mechanism design issues, it is the formal modeling of bounded rationality that the authors are most interested in. A model of bounded rationality signifies a model that contains a procedural element of reasoning that is not consistent with full rationality. Rather than looking for a canonical model of bounded rationality, the articles introduce a variety of modeling devices that will capture procedural elements not previously considered, and which alter the analysis of the model. The book is a journey into the modeling of bounded rationality. It is a collection of modeling ideas rather than a general alternative theory of implementation."--Provided by publisher |
| Beschreibung: | Title from PDF file title page (viewed September 22, 2016) |
| Beschreibung: | 1 online resource (153 p.) ill. (some col.) |
| ISBN: | 9789813141339 |
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Datensatz im Suchindex
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| any_adam_object | |
| author | Glazer, Jacob |
| author_facet | Glazer, Jacob |
| author_role | aut |
| author_sort | Glazer, Jacob |
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| dewey-full | 330.01/5193 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.01/5193 |
| dewey-search | 330.01/5193 |
| dewey-sort | 3330.01 45193 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | DE-604.BV044637300 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T07:57:50Z |
| institution | BVB |
| isbn | 9789813141339 |
| language | English |
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| spelling | Glazer, Jacob Verfasser aut Models of bounded rationality and mechanism design Ariel Rubinstein, Jacob Glazer Singapore World Scientific Publishing Co. Pte. Ltd. c2017 1 online resource (153 p.) ill. (some col.) txt rdacontent c rdamedia cr rdacarrier World Scientific series in economic theory volume 7 Title from PDF file title page (viewed September 22, 2016) "This book brings together the authors' joint papers from over a period of more than twenty years. The collection includes seven papers, each of which presents a novel and rigorous model in Economic Theory. All of the models are within the domain of implementation and mechanism design theories. These theories attempt to explain how incentive schemes and organizations can be designed with the goal of inducing agents to behave according to the designer's (principal's) objectives. Most of the literature assumes that agents are fully rational. In contrast, the authors inject into each model an element which conflicts with the standard notion of full rationality, demonstrating how such elements can dramatically change the mechanism design problem. Although all of the models presented in this volume touch on mechanism design issues, it is the formal modeling of bounded rationality that the authors are most interested in. A model of bounded rationality signifies a model that contains a procedural element of reasoning that is not consistent with full rationality. Rather than looking for a canonical model of bounded rationality, the articles introduce a variety of modeling devices that will capture procedural elements not previously considered, and which alter the analysis of the model. The book is a journey into the modeling of bounded rationality. It is a collection of modeling ideas rather than a general alternative theory of implementation."--Provided by publisher Rational expectations (Economic theory) Game theory Economics, Mathematical Electronic books Spieltheorie (DE-588)4056243-8 gnd rswk-swf Mechanismus-Design-Theorie (DE-588)7643554-4 gnd rswk-swf Rationale Erwartung (DE-588)4121553-9 gnd rswk-swf Spieltheorie (DE-588)4056243-8 s Mechanismus-Design-Theorie (DE-588)7643554-4 s Rationale Erwartung (DE-588)4121553-9 s 1\p DE-604 Rubinstein, Ariel Sonstige oth http://www.worldscientific.com/worldscibooks/10.1142/10069#t=toc Verlag URL des Erstveroeffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Glazer, Jacob Models of bounded rationality and mechanism design Rational expectations (Economic theory) Game theory Economics, Mathematical Electronic books Spieltheorie (DE-588)4056243-8 gnd Mechanismus-Design-Theorie (DE-588)7643554-4 gnd Rationale Erwartung (DE-588)4121553-9 gnd |
| subject_GND | (DE-588)4056243-8 (DE-588)7643554-4 (DE-588)4121553-9 |
| title | Models of bounded rationality and mechanism design |
| title_auth | Models of bounded rationality and mechanism design |
| title_exact_search | Models of bounded rationality and mechanism design |
| title_full | Models of bounded rationality and mechanism design Ariel Rubinstein, Jacob Glazer |
| title_fullStr | Models of bounded rationality and mechanism design Ariel Rubinstein, Jacob Glazer |
| title_full_unstemmed | Models of bounded rationality and mechanism design Ariel Rubinstein, Jacob Glazer |
| title_short | Models of bounded rationality and mechanism design |
| title_sort | models of bounded rationality and mechanism design |
| topic | Rational expectations (Economic theory) Game theory Economics, Mathematical Electronic books Spieltheorie (DE-588)4056243-8 gnd Mechanismus-Design-Theorie (DE-588)7643554-4 gnd Rationale Erwartung (DE-588)4121553-9 gnd |
| topic_facet | Rational expectations (Economic theory) Game theory Economics, Mathematical Electronic books Spieltheorie Mechanismus-Design-Theorie Rationale Erwartung |
| url | http://www.worldscientific.com/worldscibooks/10.1142/10069#t=toc |
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