The Royal Swedish Academy of Sciences has awarded The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007 jointly to Leonid Hurwicz, of the University of Minnesota, Eric S.

Mechanism design in facility location games is an interdisciplinary field that integrates concepts from game theory, economics, and computer science to address the optimal placement of facilities ...

PhD in CS, or PhD Econ, or PhD IEMS or PhD CS+LS or PhD TSB or Kellogg PhD MECS or Permission of Instructor. This course studies the design of mechanisms to mediate the interaction of strategic ...

Editor’s note: Andreessen Horowitz’s Crypto Startup School brought together 45 participants from around the U.S. and overseas in a seven-week course to learn how to build crypto companies. Andreessen ...

I propose a new mechanism design approach to the problem of ranking standard auctions with two heterogeneous bidders. A key feature of the approach is that it may be possible to rank two auctions even ...

Compliant mechanisms utilise the intrinsic elasticity of materials to achieve precise motion through deformation rather than traditional rigid-body joints. This design paradigm is highly advantageous ...

The integration mechanism in a matrix organizational design has four components. Standardization makes organizational units operate the same way. Regulations formalize how to take action. Common goals ...

The fierce “arms race” of the Bitcoin network has triggered concern over network fairness. At the beginning of Bitcoin’s birth, every individual could mine Bitcoin easily with a personal computer.

This essay presents necessary and sufficient first-order conditions for the general design of allocation mechanisms that decentralize Pareto optimal decisions in Arrow-Hahn-McKenzie (AHM) economies.