Review Notes; Contracts I (PDF)
(By Arda Gitmez and Kosti Takala. Used with permission.)
Table of Contents
1. A Very Brief Introduction to Mechanism Design
1.1 Revelation Principle
2. Efficient Mechanisms
2.1 Vickrey-Clark-Groves Mechanism
2.2 Payoff Equivalence
3. Optimal Mechanisms
3.1 An Example
3.2 Single-Crossing and Constraint Simplification
3.3 The General Case
3.4 Optimal Auctions
4. Appendix
Adverse Selection: An IC Transfer Scheme
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(Image courtesy of Kosti Takala. Used with permission.)
