Friday, August 26, 2005

A Tricker on Contract Theory and Mechanism Design : An Invitation

To be sincere, I don't know how to describe the details of 'contract theory and mechanism design' in this very short space. It might also boring for many people.

Anyways,if one is interested in these topics and might want to study more or share the idea or even want to 'catch up the frontier', please contact me directly at the email...or just leave your email here and the topic of interest.

Sorry for this space being just a tricker

Now at UTCC Bangkok Thailand, there is a guy, P'Tee, who is writing his dissertation on contract theory in general equilibrium. In fact contract theory and mechanism design have more implication and more detail particularly for collective decision and bi & multi lateral relationship under asymmetric information/actions, says microeconomics. We can 'design' the rules under complex environments and circumstances.

Hope somebody being really interested in these topics and applications.

ps. In Econometric Society World Congress 2005, Roger Myerson asked Andrew Postlewaite when he saw the title 'economic design' as the name of that session

Roger : what is economic design?
Andrew : it is mechanism design
Roger : I just know this!!

(Andrew might think quietly inside that 'why do you ask me this question?, you are one of the great contributor in this field!!!)

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