Bayesian mechanism design - PowerPoint PPT Presentation

Mechanism Design

Mechanism Design. Milan Vojnović Microsoft Research. Summer Research Institute, EPFL, June 2011 . Mechanism design - designing a game to achieve a desired outcome. 2. Input: . Output: . other input. payment: . allocation: . Ex 1: sponsored search. Ex 1: sponsored search (cont’d). a.

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6.853: Topics in Algorithmic Game Theory

6.853: Topics in Algorithmic Game Theory. Lecture 22. Fall 2011. Constantinos Daskalakis. Characterizations of Incentive Compatible Mechanisms. Characterizations. What social choice functions can be implemented?. Only look at incentive compatible mechanisms (revelation principle)

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