Mechanism design, Mathematical Economics and Statistics - Josheski, Dushko;Karamazova, Elena;Apostolov, Mico
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This books covers three topics in mathematical economics and economics theory which are solved by the use of methods from mathematical statistics. It starts with a mechanism design that covers themes such as: Vickrey-Clarke-Groves Mechanism, Vickrey auction, Mechanism Design Illustrated in a Walrasian Example,Constructing Decentralized Mechanisms, from Parameter Indexed Product Structures: Transition to Message-Indexed Product Structures. Than it continues with Prospect theory that covers themes such as: Prospect theory and Cumulative prospect theory, and their use in explanation of…mehr

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Produktbeschreibung
This books covers three topics in mathematical economics and economics theory which are solved by the use of methods from mathematical statistics. It starts with a mechanism design that covers themes such as: Vickrey-Clarke-Groves Mechanism, Vickrey auction, Mechanism Design Illustrated in a Walrasian Example,Constructing Decentralized Mechanisms, from Parameter Indexed Product Structures: Transition to Message-Indexed Product Structures. Than it continues with Prospect theory that covers themes such as: Prospect theory and Cumulative prospect theory, and their use in explanation of overbidding. And the final essay is: Myerson-Satterthwaite theorem and asymmetric FPA auctions, that includes numerical solution of the asymmetric auctions.
Autorenporträt
Dushko Josheski was born on 29 August 1983 in Bitola,Macedonia. He was awarded Msc in Economics for Business Analysis at Staffordshire University, UK with Merit in 2008. Dushko Received first prize in Annual competition for Young Researchers in the field of Macroeconomics organized by the National bank of Republic of Macedonia.