Questions tagged [mechanism-design]
The mechanism-design tag has no usage guidance.
5
questions
2
votes
1answer
131 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
114 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
166 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
415 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 ...
