Statements (64)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:technique
|
| gptkbp:addresses |
information asymmetry
|
| gptkbp:aims_to |
maximize social welfare
|
| gptkbp:applies_to |
economics
resource allocation public goods provision various fields of economics |
| gptkbp:design |
incentive structures
|
| gptkbp:developed_by |
gptkb:Leonid_Hurwicz
|
| gptkbp:examines |
its implications
the context of public policy its theoretical foundations |
| gptkbp:focuses_on |
incentive compatibility
|
| https://www.w3.org/2000/01/rdf-schema#label |
Hurwicz mechanism design
|
| gptkbp:is_a |
gptkb:church
|
| gptkbp:is_analyzed_in |
mathematical modeling
market design economic efficiency its effectiveness market outcomes |
| gptkbp:is_associated_with |
Leonid Hurwicz's work
|
| gptkbp:is_connected_to |
information economics
|
| gptkbp:is_considered |
a foundational concept
a solution concept a key concept in economics a significant contribution to economics. a tool for economists optimal contract theory the design of institutions |
| gptkbp:is_criticized_for |
complexity
|
| gptkbp:is_described_as |
strategic interactions
|
| gptkbp:is_discussed_in |
economists
economic literature policy-making circles |
| gptkbp:is_evaluated_by |
Pareto efficiency
alternative mechanisms terms of efficiency |
| gptkbp:is_explored_in |
gptkb:academic_research
the context of auctions the context of market failures |
| gptkbp:is_implemented_in |
various economic models
|
| gptkbp:is_influenced_by |
gptkb:Economist
social choice theory |
| gptkbp:is_influential_in |
policy design
|
| gptkbp:is_linked_to |
strategic behavior
the study of welfare economics |
| gptkbp:is_part_of |
gptkb:government_agency
mechanism design theory the study of incentives |
| gptkbp:is_reflected_in |
real-world applications
real-world economic policies real-world mechanisms |
| gptkbp:is_related_to |
gptkb:battle
contract theory incentive mechanisms mechanism design literature |
| gptkbp:is_studied_in |
graduate economics courses
its applications in various sectors |
| gptkbp:is_tested_for |
experimental economics
|
| gptkbp:is_used_in |
auction theory
|
| gptkbp:is_utilized_in |
decision theory
social planning |
| gptkbp:bfsParent |
gptkb:Cowles_Group
|
| gptkbp:bfsLayer |
7
|