Dr. Rakesh V. Vohra is a Professor of Managerial Economics and Decision Sciences at the Kellogg School of Management, Northwestern University. He also directs the Center for Mathematical Studies in Economics and Management Science. His academic work delves into the theoretical underpinnings of economic and management principles. His contributions offer rigorous insights into complex decision-making processes.
Rakesh V. Vohra offers a unique approach to intermediate microeconomics that reverses the conventional order of topics and provides substantive examples and novel practice problems with solutions. The book is suitable for students taking intermediate microeconomics worldwide in economics programs or in M.B.A. programs.
Focusing on the principles of mechanism design, this book delves into the mathematical foundations using linear programming. It explores how mathematical models can be applied to optimize decision-making processes and strategic interactions, making it a valuable resource for those interested in economics, game theory, and operations research. The text offers insights into both theoretical frameworks and practical applications, catering to readers seeking to understand the intricacies of designing effective mechanisms in various contexts.
This textbook is essential for higher-level undergraduates and postgraduate students in mathematical economics, providing all the necessary tools for advancement in the field.