000 02071 a2200217 4500
008 240319b |||||||| |||| 00| 0 eng d
020 _a9780262037549 (HB)
041 _aeng
080 _a519.85
_bHAE
100 _aHaeringer, Guillaume
245 _aMarket Design:
_bAuctions and Matching
260 _bMIT Press
_c2017
_aLondon
300 _axvii, 373p.
505 _aIntroduction | Simple auctions | An analysis of eBay | The Vickrey-Clarke-Groves auction | Keyword auctions | Spectrum auctions | Financial markets | Trading | The basic matching model | The medical match | Assignment problems | Probabilistic assignments | School choice | School choice: further developments | Course allocation | Kidney exchange | Game theory | Mechanism design | Order statistics
520 _a"This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the text to analyze a broad set of situations--including such unconventional markets as college admissions and organ donation--and forces readers to pay attention to details that might otherwise be overlooked. Students often complain that microeconomics is too abstract and disconnected from reality; the study of market design shows how theory can help solve existing, real-life problems. The book focuses on the interplay between theory and applications. To keep the text as accessible as possible, special effort has been made to minimize formal description of the models while emphasizing the intuitive, with detailed explanations and resolution of examples. Appendixes offer general reviews of elements of game theory and mechanism design that are related to the themes explored in the book, presenting the basic concepts with as many explanations and illustrations as possible."
650 _aMarket design
650 _aMatching theory
650 _aAuctions
690 _aMathematics
942 _cBK
_01
999 _c60061
_d60061