Social Goals and Social Organization

Essays in Memory of Elisha Pazner

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Hardcover | 7 April 1986

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380 Pages

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23.4 x 15.2 x 2.6

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Published as a tribute to the memory of Elisha Pazner, this book contains a collection of essays providing a comprehensive view of the design and evaluation of economic mechanisms, written and edited by the major contributors to the field. Amongst the topics included are bargaining theory and the economics of competitive bidding. The surveys are preceded by 'A Perspective', by Leo Hurwicz which contains a systematic account of the development of the literature on mechanism design, and this provides a context for both the surveys and the six published papers authored or co-authored by Elisha Pazner that complete the book and demonstrate Pazner's interest in and contribution to the study of economic mechanisms. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets.

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Editors' preface
List of contributors
A perspective
The Surveys
Axioms for social welfare orderings
Solutions to the bargaining problem
Theories of justice based on symmetry
Strategy-proofness: the existence of dominant-strategy mechanisms
The theory of implementation in Nash equilibrium: a survey
Implementation via Nash equilibria in economic environments
Bayesian equilibrium and incentive-compatibility: an Introduction
The economics of competitive bidding: a selective survey
Six Papers
A difficulty in the concept of fairness
Recent thinking on economic justice
Social contract theory and ordinal distributive equity
Pitfalls in the theory of fairness
Cheatproofness properties of the plurality rule in large societies
Egalitarian equivalent allocations: a new concept of economic equity
Author index
Subject index
Table of Contents provided by Publisher. All Rights Reserved.

Social Goals and Social Organization

Essays in Memory of Elisha Pazner

At a Glance

Hardcover

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