Author : Dirk Bergemann
Publisher : World Scientific Economic Theo
ISBN 13 : 9789811214417
Total Pages : 470 pages
Book Rating : 4.2/5 (144 download)
Book Synopsis Learning and Intertemporal Incentives by : Dirk Bergemann
Download or read book Learning and Intertemporal Incentives written by Dirk Bergemann and published by World Scientific Economic Theo. This book was released on 2020 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together the collected contributions of Dirk Bergemann and Juuso V�lim�ki, on the theme of learning, experimentation and intertemporal incentives, spanning over two decades of thought (1996 to 2019).The collection starts with a comprehensive introduction to the recent developments of dynamic mechanism design with a primary focus on the quasilinear case. The authors describe socially optimal and revenue optimal dynamic mechanism. They cover models of sequential screening and revenue maximizing auctions with dynamically changing bidder types, and also discuss models of information management where the mechanism designer can control (at least partially) the stochastic process governing the agent's types.Consolidating the research agenda on learning, experimentation, and dynamic mechanism design, which has been prominent in the area of economic theory, the authors present for the first time the main results of the research agenda in this volume.