Bücher der Reihe Studies in Economic Design

The theory of social choice deals with both the processes and results of col lective decision making. The basic problem of social choice We explain here more precisely what a problem of social choice is, what approaches might be used to tackle it, and what kind of solutions it leads to.

When Murat Sertel asked us whether we would be interested in organizing a special issue of the Review of Economic Design on the formation of networks and groups, we were happy to accept because of the growing research on this important topic.

When Murat Sertel asked us whether we would be interested in organizing a special issue of the Review of Economic Design on the formation of networks and groups, we were happy to accept because of the growing research on this important topic.

Some of the finest and most recent research in economic and political design is presented. They investigate social choice and electoral systems, auctions, matching, bargaining, coalitional stability and efficiency, regulation, the design of rights, mechanisms, games, hierarchies and information.

Some of the finest and most recent research in economic and political design is presented. They investigate social choice and electoral systems, auctions, matching, bargaining, coalitional stability and efficiency, regulation, the design of rights, mechanisms, games, hierarchies and information.

We are pleased to help celebrate Roy Radner's 75th birthday, by issuing in one volume the papers that originally appeared in his honor in two special issues of Review of Economic Design (Vol.

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 contributors - both senior researchers who have shaped the field and promising, younger researchers - responded with a diverse collection of provocative pieces, including: retrospective assessments or surveys of the field;

The contributors - both senior researchers who have shaped the field and promising, younger researchers - responded with a diverse collection of provocative pieces, including: retrospective assessments or surveys of the field;