Thursday, January 22, 2009

Global Corporate Finance or Designing Economic Mechanisms

Global Corporate Finance: Text and Cases

Author: Suk H H Kim

A highly practical tText in a user-friendly format.

This highly acclaimed text is solidly grounded in the modern theory of finance and yet has strong ties to the real world of global finance. Over 100 colleges, universities, and management development programs around the world have adopted this book, because it stresses practical applications in a user-friendly format.

The 4th edition is even more attractive because it contains the five essential elements for any outstanding text: practicability, a user-friendly format, readability, brevity, and a highly competitive set of supplements. In this book the authors covered all the basic concepts and techniques of international finance without extraneous details that distract students from the key lessons. Get a copy and see for youself.



See also: If It Bleeds It Leads or Fundamentals of Marketing Research

Designing Economic Mechanisms

Author: Leonid Hurwicz

A mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones. Lawmakers, administrators and officers of private companies create institutions in orders to achieve desired goals. They seek to do so in ways that economize on the resources needed to operate the institutions, and that provide incentives that induce the required behaviors. This book presents systematic procedures for designing mechanisms that achieve specified performance, and economize on the resources required to operate the mechanism, i.e., informationally efficient mechanisms. Our systematic design procedures are algorithms for designing informationally efficient mechanisms. Most of the book deals with these procedures of design. When there are finitely many environments to be dealt with, and there is a Nash-implementing mechanism, our algorithms can be used to make that mechanism into an informationally efficient one. Informationally efficient dominant strategy implementation is also studied.



Table of Contents:
1Mechanisms and mechanism design14
2From goals to means : constructing mechanisms63
3Designing informationally efficient mechanisms using the language of sets182
4Revelation mechanisms296

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