Social Design Essays in Memory of Leonid Hurwicz
This book contains invited essays in memory of Leonid Hurwicz spanning a large area of economic, social and other sciences where the implementation or enforcement of institutions and rules requires the design of effective mechanisms. The foundations of th
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Walter Trockel Editor
Social Design Essays in Memory of Leonid Hurwicz
Studies in Economic Design Series Editors Jean-François Laslier Paris School of Economics, Paris, France Hervé Moulin University of Glasgow, Glasgow, United Kingdom M. Remzi Sanver Université Paris-Dauphine, Paris, France William S. Zwicker Union College, Schenectady, NY, USA
Economic Design comprises the creative art and science of inventing, analyzing and testing economic as well as social and political institutions and mechanisms aimed at achieving individual objectives and social goals. The accumulated traditions and wealth of knowledge in normative and positive economics and the strategic analysis of Game Theory are applied with novel ideas in the creative tasks of designing and assembling diverse legal-economic instruments. These include constitutions and other assignments of rights, mechanisms for allocation or regulation, tax and incentive schemes, contract forms, voting and other choice aggregation procedures, markets, auctions, organizational forms such as partnerships and networks, together with supporting membership and other property rights, and information systems, including computational aspects. The series was initially started in 2002 and with its relaunch in 2017 seeks to incorporate recent developments in the field and highlight topics for future research in Economic Design. More information about this series at http://www.springer.com/series/4734
Walter Trockel Editor
Social Design Essays in Memory of Leonid Hurwicz
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Editor Walter Trockel Center for Mathematical Economics (IMW) Bielefeld University Bielefeld, Germany
ISSN 2510-3970 ISSN 2510-3989 (electronic) Studies in Economic Design ISBN 978-3-319-93808-0 ISBN 978-3-319-93809-7 (eBook) https://doi.org/10.1007/978-3-319-93809-7 © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affil
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