Understanding Mechanism Design-Part 3 of 3: Mechanism Design in the Real World: The VCG Mechanism

In the first two parts of this short series, we learned how mechanism design can be used in theory to engineer systems that achieve desirable properties by anticipating how rational agents will act, and then designing the rules accordingly. In particular, we focused on the Vickrey–Clarke–Groves (VCG...

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Veröffentlicht in:IEEE intelligent systems 2022-01, Vol.37 (1), p.108-109
Hauptverfasser: Gautier, Anna, Wooldridge, Michael
Format: Artikel
Sprache:eng
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