- Unites invited essays contributed by renowned scholars in memory of Nobel laureate Leonid Hurwicz
- Presents state-of-the-art research on institution design, markets, rules, implementation, design under uncertainty, and future directions of social design
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- About this book
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This book contains invited essays in memory of Leonid Hurwicz spanning a large area of economic, social and other sciences where the implementation or enforcement of institutions and rules requires the design of effective mechanisms. The foundations of these articles are set by social choice concepts; game theory; Nash, Bayesian and Walrasian equilibria; complete and incomplete information. Besides in-depth treatments of well-established parts of mechanism and implementation theory, contributions on novel directions deal, for instance, with a quantum approach to game and decision making under uncertainty; digitalization; and the design of block chain for trading. The outstanding competence and reputation of the authors reflect the appreciation of the fundamental contributions and the lasting admiration of the personality and the work of Leonid Hurwicz.
- About the authors
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Walter Trockel graduated in Mathematics (1971) at the University of Bonn (Germany). After he had written his dissertation, supervised by Werner Hildenbrand, during a stay at Berkeley in the group of Gerard Debreu, he received his doctoral degree in Economics (1974) from the University of Bonn. He is a Professor Emeritus at the Center of Mathematical Economics (IMW) of Bielefeld University where he had succeeded Reinhard Selten on his chair in Mathematical Economics in 1985. From 2012 to 2017 he was a professor at the Murat Sertel Center for Advanced Economic Studies at Istanbul Bilgi University. He is a Managing Editor of the Springer Lecture Notes in Economics and Mathematical Systems, and had served in the editorial boards of JME, ET, IGTR, RED and JMID. He is a member of the Advisory Board of RED and a Fellow of the RCGEB at Shandong University, China. Since 2011 he has been a Fellow of the Society for the Advancement of Economic Theory.
- Table of contents (21 chapters)
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In Lieu of an Introduction: HowIRemember Leonid Hurwicz
Pages 1-7
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Technical Change and the Decentralization Penalty
Pages 11-33
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Fundamental theory of institutions: a lecture in honor of Leo Hurwicz
Pages 35-51
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The Hurwicz Program, Past and Suggestions for the Future
Pages 53-61
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Social Networks from a Designer’s Viewpoint
Pages 63-81
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Table of contents (21 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Social Design
- Book Subtitle
- Essays in Memory of Leonid Hurwicz
- Editors
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- Walter Trockel
- Series Title
- Studies in Economic Design
- Copyright
- 2019
- Publisher
- Springer International Publishing
- Copyright Holder
- Springer Nature Switzerland AG
- eBook ISBN
- 978-3-319-93809-7
- DOI
- 10.1007/978-3-319-93809-7
- Hardcover ISBN
- 978-3-319-93808-0
- Series ISSN
- 2510-3970
- Edition Number
- 1
- Number of Pages
- XII, 348
- Number of Illustrations
- 61 b/w illustrations, 13 illustrations in colour
- Topics
