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 Going, Going …

Ken Binmore

in Playing for Real: Game Theory

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195300574
eISBN:
9780199783748
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300574.003.0021
Subject:
Economics and Finance, Microeconomics

The most successful area of game theory is auction design. This chapter offers a short review of the subject. Various traditional auctions are described. After showing that most of these generate the ... More


The Bayes-Nash School of Design

Philip Mirowski and Edward Nik-Khah

in The Knowledge We Have Lost in Information: The History of Information in Modern Economics

Published in print:
2017
Published Online:
June 2017
ISBN:
9780190270056
eISBN:
9780190270087
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190270056.003.0012
Subject:
Economics and Finance, History of Economic Thought

This chapter describes the second major school of market design, that primarily associated with the Harsanyi doctrine and game theorists such as William Vickrey and Robert Wilson. In the Bayes-Nash ... More


Dworkin

Mark S. Stein

in Distributive Justice and Disability: Utilitarianism against Egalitarianism

Published in print:
2006
Published Online:
October 2013
ISBN:
9780300100570
eISBN:
9780300128253
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300100570.003.0007
Subject:
Philosophy, Political Philosophy

Known for his disdain for utilitarianism, Ronald Dworkin offers a non-utilitarian solution to the problem of redistribution to the disabled: hypothetical insurance. Dworkin expounds on hypothetical ... More


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