Mechanism Design and the Law, Prague, 2007

July 01, 2007

In the law and economics tradition, legal rules are interpreted as solutions to incentive problems. These problems are particularly hard to solve if interaction is strategic. Game theory is the tool to analyse them. Consequently, there is a growing literature that uses game theory to analyse legal rules. A related tool has much less travelled into law: mechanism design. The conference explores both.

Contributions by:

Kathy Spier/Yeon Koo Che, Andrew Daughety/Jennifer Reinganum, Paul Heidhues/Andreas Blume, Dominique Demougin/Bruno Deffains, Benjamin Hermalin, Alon Klement/Zvika Neeman, Avery Katz

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