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An Isaac Newton Institute Workshop

Games and Verification (GAMES 2006)

Mechanism Design.

Author: Dov Monderer (Technion, Israel Institute of Technology)


The field of economic mechanism design has been an active area

of research in economics for many years. Recently many researchers in computer Science and Artificial Intelligence

have been contributed to this area. This field uses tools of game theory to design rules of interaction"

for economic transactions that will yield some desired

outcome such as maximizing social welfare or maximizing revenue. In this short tutorial I provide an overview of this subject for an

audience with a limited knowledge of game theory.