{"product_id":"9781107407398","title":"Communication in Mechanism Design : A Differential Approach","description":"\u003cp\u003eMechanism design is the field of economics that treats institutions and procedures as variables that can be selected in order to achieve desired objectives. An important aspect of a mechanism is the communication among its participants that it requires, which complements other design features such as incentives and complexity. A calculus-based theory of communication in mechanisms is developed in this book. The value of a calculus-based approach lies in its familiarity as well as the insight into mechanisms that it provides. Results are developed concerning (i) a first order approach to the construction of mechanisms, (ii) the range of mechanisms that can be used to achieve a given objective, as well as (iii) lower bounds on the required communication.\u003c\/p\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":42757544083531,"sku":"00000_00000_00000_00000","price":1461.78,"currency_code":"THB","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0641\/0023\/7387\/files\/9781107407398-1.jpg?v=1783385330","url":"https:\/\/kinokuniya.co.th\/products\/9781107407398","provider":"Books Kinokuniya Thailand","version":"1.0","type":"link"}