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About The Book
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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 ExampleConstructing Decentralized Mechanisms from Parameter Indexed Product Structures: Transition to Message-Indexed Product Structures. Than it continues with Prospect theory that covers themes suc