Bayesian Implementation

Thomas R. Palfrey,Sanjay Srivastava

Bayesian Implementation
Format
Hardback
Publisher
Taylor & Francis Ltd
Country
United Kingdom
Published
4 November 2019
Pages
122
ISBN
9781138469495

Bayesian Implementation

Thomas R. Palfrey,Sanjay Srivastava

The implementation problem lies at the heart of a theory of institutions. Simply stated, the aim of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise. The first part of Bayesian Implementation presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.

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