Mechanism design, Mathematical Economics and Statistics

Josheski, Dushko and Karamazova, Elena and Apostolov, Mico (2020) Mechanism design, Mathematical Economics and Statistics. OmniScriptum GmbH & Co. KG. ISBN 978-620-2-55281-3

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This book cover three topics in mathematical economics, and economic theory that are solved by the use of methods from mathematical statistics.It starts with mechanism design which covers topics such as:Vickrey-Clarke-Groves mechanism,Vickrey auction,Mechanism design ilustrated i Walrasian exapmle, constructing decentralized mechanismsfrom parameter indexed prodcut structures, transition to message-indexed product structures.Than it continues with prospect theory that covers themes such as: Prospect theory, Cumulative Prospect theory,and their use in explanation of overbidding.And the final essay is on Myerson-Satterthwaite theorem and assymetric FPA auctions,that includes numerical solutions of the assymetric first price auctions.

Item Type: Book
Subjects: Social Sciences > Economics and business
Natural sciences > Matematics
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Dusko Josevski
Date Deposited: 26 May 2020 08:01
Last Modified: 26 May 2020 08:01

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