Concepedia

Concept

mechanism design

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62.8K

Publications

4.1M

Citations

80.7K

Authors

8.2K

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About

Mechanism design is a subfield of economics and game theory concerned with designing rules or mechanisms to achieve specific desired outcomes in settings where self-interested agents possess private information. It investigates how to structure incentives such that agents' strategic behavior, acting in their own interest, leads to the intended collective result, such as efficient resource allocation or truthful information revelation.

Top Authors

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NR

University of Southampton

DN

Nanyang Technological University

ZH

University of Houston

TB

University of Illinois Urbana-Champaign

TS

Carnegie Mellon University

Top Institutions

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Stanford University

Stanford, United States

University of California, Berkeley

Berkeley, United States

Pittsburgh, United States

Princeton University

Princeton, United States

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