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What is the best way to auction an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? In An Introduction to the Theory of Mechanism Design, Tilman Börgers addresses these questions and more through an exploration of the economic theory of mechanism design. Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predictions about the behavior of strategic players, the theory of mechanism design goes a step further and selects the optimal rules of the game. A relatively new economic theory, mechanism design studies the instrument itself as well as the res...
CHILDHOOD 6.7, drawing on extensive, thorough and multi-year research, ist a story of childhood and at the same time a critique of civilization. It is a passionate plea and manifesto for children to once again be allowed to grow up humanely and "species-appropriately", for a new appreciation of family socialization and for complete freedom of education. "Finally a book that brings together a wealth of arguments in such a well-founded way - the whole to demonstrate that our education system cannot go on as before. Hopefully, it will soon become reguired reading for all those responsible for child rearing and education, and favorite reading for paarents." Gerald Hüther, neurobiologist, bestselling author "Childhood 6.7" is a masterpiece that not 'only' conveys a wealth of researched realities but that also enriches them with insightful interpretations..." Hans-Joachim Maaz, psychoanalyst, bestselling author The original German edition of the book was first published in 2018 under the title "Kindheit 6.7", Edition Liberi & Mundo. It is a bestseller in Germany since Nov. 2018. For more information, visit www.michael-hueter.org
Sociometrics and Human Relationships translates the latest academic research into practical business strategies and techniques for social network analysis. This essential new title is key reading for students and practitioners across marketing, design, sociology, psychology and the humanities, and comes with a free academic license of Condor.
In recent years, traditional economic theory has been enriched by behavioral components. There is huge and rapidly growing evidence from empirical and experimental studies that mere profit maximization is in many cases not a good proxy of real-life decision-making and interaction in economic situations. Yet, although the concept of homo oeconomicus has subsequently been dismissed by many authors, behavior is not random or arbitrary, but follows systematic patterns and rules that researchers in the field of behavioral economics aim at understanding. This thesis adds to the understanding of actual economic decision-making by analyzing behavior in three different economic applications. The firs...