Robust Mechanism Design: The Role Of Private Information And Higher Order Beliefs

Robust Mechanism Design: The Role Of Private Information And Higher Order Beliefs

by Dirk Bergemann and Stephen Morris
Epub (Kobo), Epub (Adobe)
Publication Date: 22/03/2012

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Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This volume brings together the collected contributions on the theme of robust mechanism design and robust implementation that Dirk Bergemann and Stephen Morris have been working on for the past decade. The collection is preceded by a comprehensive introductory essay, specifically written for this volume with the aim of providing the readers with an overview of the research agenda pursued in the collected papers.The introduction selectively presents the main results of the papers, and attempts to illustrate many of them in terms of a common and canonical example, namely a single unit auction with interdependent values. It is our hope that the use of this example facilitates the presentation of the results and that it brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.

ISBN:
9789814452168
9789814452168
Category:
Economic theory & philosophy
Format:
Epub (Kobo), Epub (Adobe)
Publication Date:
22-03-2012
Language:
English
Publisher:
World Scientific Publishing Company
Stephen Morris

Stephen Morris has been a consistent fixture in New Order since 1980. The band's long career has included multiple world tours and headlining appearances at festivals, as well as a performance at the closing concert for the 2012 Olympics.

Outside of New Order, Morris has released albums and television soundtracks with his wife Gillian Gilbert under the name The Other Two, and has contributed in the studio and on tour to Bernard Sumner's project Bad Lieutenant. He is also well known for owning a collection of tanks, which he drives recklessly near his home.

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