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Home > Mechanism design


Mechanism design is a sub-field of game theory. It is the art of designing rules of a game to achieve a specific outcome. This is done by setting up a structure in which each player has an incentive to behave as the designer intends.

One field of mechanism design is the creation of markets such as auctions.

Topics in game theory
Evolutionarily stable strategy - Mechanism design - No-win - Winner's curse - Zero-sum
Games: prisoner's dilemma - chicken - Assurance games ...
Related topics: mathematics - economics - behavioral economics - evolutionary biology - evolutionary game theory - population genetics - behavioral ecology
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Game theory
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Mechanism Design Game Intends Setting Player

Topics: Mechanism Design Game Intends Setting Player Achieve Art...

MechanismMechanism is the following: In philosophy, mechanism is a theory that all natural phenomena can be explained by physical causes. In mechanics a mechanism is a piece of machinery. In horology, a mechanism is a piece of time-keeping device In science a mechMechanism (philosophy)In philosophy, mechanism is a theory that all natural phenomena can be explained by physical causes. The doctrine of mechanism in philosophy comes in two different flavors. They are both doctrines of metaphysics, but they are different in scope and ambitiMechanism designMechanism design is a sub-field of game theory. It is the art of designing rules of a game to achieve a specific outcome. This is done by setting up a structure in which each player has an incentive to behave as the designer intends. One field of mechanis
Mechanism (horology)Mechanism A combination of parts designed to perform a given function. A timepiece (a clock or watch), is a piece of mechanism designed to indicate the time; it includes various organs, each of which is a piece of mechanism with a clearly determined functMechanism (science)SN2 reaction scheme A mechanism is a physical or chemical process involved in a natural phenomenon. For example, in chemistry, a reaction mechanism is the step by step sequence of reactions by which an overall chemical change occurs. science. 


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