{ "item_title" : "Communication in Mechanism Design", "item_author" : [" Steven R. Williams "], "item_description" : "Mechanism 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.", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/0/52/185/131/0521851319_b.jpg", "price_data" : { "retail_price" : "94.00", "online_price" : "94.00", "our_price" : "94.00", "club_price" : "94.00", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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