Titlebook: Social Design; Essays in Memory of Walter Trockel Book 2019 Springer Nature Switzerland AG 2019 Economic Design.Mechanism Design.Game Theo

GORGE

Ganglion-Cyst

Are We There Yet? Mechanism Design Beyond Equilibriumexhibited serious out-of-equilibrium failures; (2) by emulating the Walrasian exchange model, we designed a public-good mechanism to be transparent and to have reasonable properties even when out of equilibrium; and (3) we conducted an experiment in which this new mechanism performed better than previous mechanisms.

exophthalmos

Fundamental theory of institutions: a lecture in honor of Leo Hurwiczt theory that admits focal point effects. Finally, we consider specific problems of leadership and trust in establishing sovereign political institutions, where high officials can be deterred from abuse of power only by promises of large future rewards, which a leader must be credibly committed to fulfill.

放肆的你

剧本

forebear

Technical Change and the Decentralization Penalty where perfect monitoring and policing guarantee that all divisions make the choices the organizer wants them to make. We ask: when does improvement in the divisions’ technology strengthen the case for decentralization and when does it weaken it? In a simple one-division model with complete informat

无动于衷

Fundamental theory of institutions: a lecture in honor of Leo Hurwiczbates about socialism, where such questions arose. Moral hazard models show disadvantages of socialism, while adverse selection models may delimit its advantages. We review Hurwicz’s general theory of how institutions can be enforced in larger games, suggesting curb sets as an alternative enforcemen

UTTER

Social Networks from a Designer’s Viewpointved as variables (objects of design) rather than data (e.g., fixed allocation rules). Or, to use one of his favorite phrases, the key conceptual/methodological point he stressed is that economic problems should be studied from “a designer’s point of view.”.Nowadays, social and economic networks repr

AGGER

Obedient