Solutions to selected exercises from Jehle and Reny (2001): Advanced Microeconomic Theory Thomas Herzfeld September 2010 Contents 1 Mathematical Appendix 2. Advanced Microeconomics II Mechanism Design Jiaming Mao School of Economics, XMU. Introduction There are many situations in which some central authority wishes to implement a decision that depends on the private information of a set of players. I Government may wish to choose the design of a public-works.
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