Algorithmic mechanism design

id: algorithmic-mechanism-design-306-688272
title: Algorithmic mechanism design
text: Algorithmic mechanism design (AMD) lies at the intersection of economic game theory, optimization, and computer science. The prototypical problem in mechanism design is to design a system for multiple self-interested participants, such that the participants' self-interested actions at equilibrium lead to good system performance. Typical objectives studied include revenue maximization and social welfare maximization. Algorithmic mechanism design differs from classical economic mechanism design in
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category slug: encyclopedia
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original url: https://en.wikipedia.org/wiki/Algorithmic_mechanism_design
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date modified: 2023-12-28T13:15:21Z
main entity: {"identifier":"Q4724367","url":"https://www.wikidata.org/entity/Q4724367"}
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integrity: 13

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