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Robust mechanism design : the role of private information and higher order beliefs / Dirk Bergemann and Stephen Morris.

By: Bergemann, Dirk.
Contributor(s): Morris, Stephen.
Material type: TextTextSeries: World scientific series in economic theory ; v 2.Publisher: Singapore : World Scientific, c2012Description: xvii, 452 p. : ill. ; 24 cm.ISBN: 9789814374583 (hbk.).Subject(s): Robust control | PricesDDC classification: 629.8312
Contents:
Chapter 1. Robust mechanism design -- Chapter 2. Ex post implementation -- Chapter 3. Robust implementation in direct mechanisms -- Chapter 4. Robust implementation in general mechanisms -- Chapter 5. The role of the common prior in robust implementation -- Chapter 6. An ascending auction for interdependent values : uniqueness and robustness to strategic uncertainty -- Chapter 7. Robust virtual implementation -- Chapter 8. Multidimensional private value auctions -- Chapter 9. The robustness of robust implementation -- Chapter 10. Rationalizable implementation -- Chapter 11. Pricing without priors-- Chapter 12. Robust monopoly pricing-- Author Index-- Subject Index.
Summary: Brings together the collected contributions on the theme of robust mechanism design and robust implementation. This title brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.
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Includes bibliographical references and index.

Chapter 1. Robust mechanism design --
Chapter 2. Ex post implementation --
Chapter 3. Robust implementation in direct mechanisms --
Chapter 4. Robust implementation in general mechanisms --
Chapter 5. The role of the common prior in robust implementation --
Chapter 6. An ascending auction for interdependent values : uniqueness and robustness to strategic uncertainty --
Chapter 7. Robust virtual implementation --
Chapter 8. Multidimensional private value auctions --
Chapter 9. The robustness of robust implementation --
Chapter 10. Rationalizable implementation --
Chapter 11. Pricing without priors--
Chapter 12. Robust monopoly pricing--

Author Index--
Subject Index.

Brings together the collected contributions on the theme of robust mechanism design and robust implementation. This title brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.

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