Questions tagged [mechanism-design]

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7
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0answers
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"Looking for help understanding a proof by Gossner (1998)."

Although there is no use of cryptographic protocols in Gossner (1998), the author refers to protocols of communication and he has a main result that I struggle to prove, because he does not use a ...
2
votes
1answer
137 views

Auction theory - Selling Multiple Items via Social Networks

I am trying to understand this paper. The one thing that I cannot wrap my head around is the payment policy for the Generalized Information Diffusion Mechanism. It is explained on page 72 with ...
1
vote
0answers
119 views

Truthful posted-price mechanism with optimal efficiency (social welfare)

I am interested in mechanism design. In the paper On Profit-Maximizing Envy-free Pricing, SODA, 2005, the authors provided a truthful competitive posted-price mechanism with $4\log h$ guarantee of ...
1
vote
1answer
168 views

The logic in derivation of virtual welfare

I am learning algorithmic game theory with the lecture notes posted by Tim Roughgarden. In lecture 5 it is proved that the problem of revenue (or profit) maximization in single-parameter environment ...
14
votes
3answers
2k views

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 ...
2
votes
2answers
424 views

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 ...