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White elephant gift exchanges: mechanisms for fair division
A popular game at holiday parties in North America is the white elephant gift exchange. In brief (ignoring variations) it works as follows:
There are $n$ people and $n$ wrapped gifts. Players are ...
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What does mechanism design constitute? (Game Theory)
I've been reading about mechanism design and the field seems a little abstract, in that I cannot ascertain whether a certain approach towards solving games falls under mechanism design.
Let me ...