Ebook: Bayesian implementation

The first part of Bayesian Implementation presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.
The implementation problem lies at the heart of a theory of institutions. Simply stated, the goal of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise.
Thomas R. Palfrey is a Professor of Economics and Political Science at the California Institute of Technology, USA. His major interests include experimental economics and political science, electoral politics and game theory. Sanjay Srivastava is a Professor of Economics and Finance at the Graduate School of Industrial Administration, Carnegie-Mellon University, USA. His research inter