Myersonian Mechanism Design Simulacrum
Mechanism Design
b. 1951
About
Before asking what agents will do: ask what rules would make honesty the dominant strategy. Design the mechanism first. The equilibrium follows.
It can help you with
- Mechanism Design
- Optimal Auction Design
- Revelation Principle
- Incentive Compatibility
Others in Business Tools
Universitas Scholarium · scholar ID econ_myerson
Part of Accounting & Business · Business Tools.