Mechanism design is a branch of economics, social choice theory, and game theory that deals with designing games (or mechanisms) to implement a given social choice function. Because it starts at the end of the game (the optimal result) and then works backwards to find a game that implements it, it is sometimes … See more
WebMay 21, 2015 · Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predictions about the behavior of strategic …
WebApr 19, 2012 · Mechanism design is sometimes called reverse game theory, and the mechanism designer is sometimes also called the principal or the regulator. Developed in the 70s, mechanism design has already …
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Breaking the traditional: a survey of algorithmic mechanism
WebMay 20, 2023 · As “reverse game theory,” the mechanism design explores the mechanism, while agents use rational strategy to maximize global social welfare. …
WebMechanism design is also called “reverse game theory” because it takes the desired objectives as the given data, while the mechanism or “game” which will best achieve …
WebDec 8, 2017 · It is sometimes called reverse game theory, as mechanism designers search for mechanisms which satisfy game-theoretical solution concepts and achieve good …
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Introduction to mechanism design - Rensselaer Polytechnic …
WebGame theory is predictive. How to design the “rule of the game”? so that when agents are strategic, we can achieve a designated outcome w.r.t. their true preferences? “reverse” …