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The implementation problem lies at the heart of a theory of institutions. Simply stated, the aim of implementation theory is to investigate in a rigorous way the relationships between outcomes in a society and how those outcomes arise. The first part of "Bayesian Implementation" presents a basic model of the Bayesian implementation problem and summarizes and explains recent developments in this branch of implementation theory. Substantive problems of interest such as public goods provision, auctions and bargaining are special cases of the model, and these are addressed in subsequent chapters.

The authors present a basic model of the Bayesian implementation problem and then consider its application in areas including classical pure exchange economies, public goods provision, auctions and bargaining.

Based on sound theoretical models, which explore the main criteria available for evaluating social care and health services, this book explains why the various criteria are used, identifies the problems inherent in using them, and offers specific guidance on how to use each of the criteria.