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This book presents methods for designing institutions that direct and co-ordinate economic activity to achieve specified goals.

Produktbeschreibung
This book presents methods for designing institutions that direct and co-ordinate economic activity to achieve specified goals.
Autorenporträt
Leonid Hurwicz is Regents' Professor of Economics Emeritus at the University of Minnesota. Internationally renowned for his pioneering research on economic theory, particularly in the areas of mechanism and institutional design and mathematical economics, he received the national Medal of Science in 1990. A member of the National Academy of Sciences and the American Academy of Arts and Sciences, Professor Hurwicz is a former President and Fellow of the Econometric Society. The recipient of six honorary doctorates, he serves on the editorial board of several journals and coedited and contributed to two collections for Cambridge University Press, Studies in Resource Allocation Processes (1978, with Kenneth Arrow) and Social Goals and Social Organization (1987, with David Schmeidler and Hugo Sonnenschein). His recent publications include papers in Economic Theory (2003, with Thomas Marschak), Review of Economic Design (2001, with Stanley Reiter), and Advances in Mathematical Economics (2003, with Marcel K. Richter).