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Designing Simple Mechanisms

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  • Shengwu Li

Abstract

Which mechanisms are simple to play? When is it easy for participants to see that a mechanism is incentive-compatible? I will start by explaining how and why economists came to ask these questions. Then I will discuss three recent answers, that capture different aspects of what makes a mechanism simple.

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  • Shengwu Li, 2024. "Designing Simple Mechanisms," Papers 2403.18694, arXiv.org, revised Apr 2024.
  • Handle: RePEc:arx:papers:2403.18694
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