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Mechanism design with model specification
We consider a setting in which additional parameters that determine preference characteristics are unknown. The mechanism designer specifies a model...
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Irresolute mechanism design: a new path to possibility
Often preferences in a group of agents are such that any sensible goal must admit a tie between all alternatives. The standard formulation in...
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Mechanism design for pandemics
Under normal circumstances, competitive markets do an excellent job of supplying the goods that members of society want and need. But in an emergency...
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Mechanism design by observant and informed planners
We study the mechanism design problem where the planner can observe ex-post the first-ranked alternatives or peaks of voter preferences. We contrast...
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A Dynamic Mechanism Design for Controllable and Ergodic Markov Games
This paper suggests an analytical method for computing Bayesian incentive-compatible mechanisms where the private information is revealed following a...
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Reference dependence, expectations and anchoring in the Becker-DeGroot-Marschak mechanism
We explore several behavioral issues associated with bidding behavior in the Becker-DeGroot-Marschak (BDM) mechanism; a popular mechanism in...
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Dynamic communication mechanism design
We consider dynamic communication mechanisms in a quasi-linear environment with single-dimensional types. The mechanism designer gradually identifies...
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Listen and Design On Micro, Small and Medium Enterprises
This open access book thoroughly investigates the domain of policy design tailored specifically for micro, small, and medium enterprises (MSMEs) with...
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Mechanism Design
Previous chapters consider different auction formats, understood as mechanisms to allocate an object among different individuals (bidders). Each of...
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Fritz John’s equation in mechanism design
We show the role that an important equation first studied by Fritz John plays in mechanism design.
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The European carbon border adjustment mechanism: a small step in the right direction
We estimate the effects of a European Carbon Border Adjustment (CBA) mechanism on exports, real GDP, welfare and emissions using the multi-region,...
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Reduced-form mechanism design and ex post fairness constraints
This paper incorporates fairness constraints into the classic single-unit reduced-form implementation problem (Border in Econometrica,...
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Autopoietic Market Hypothesis—The Mechanism
The chapter aims to provide the (logical) mechanism by which the autopoietic market hypothesis works. Concretely, the known elements of any evolution...
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An optimal investor-state dispute settlement mechanism
Many investment treaties include investor-state dispute settlement (ISDS) provisions which are supposed to protect a foreign investor against...
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Enhancing a Business Recommendation System: Leveraging Blockchain Technology with a Differentiated Scoring Incentive Mechanism
Recommender systems play a pivotal role in offering personalized suggestions for products, items, and services within the commercial sector. This...
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Storable votes with a “pay as you win” mechanism
This paper introduces a new storable vote mechanism (Storable Votes-Pay as you win, SV-PAYW) where a fixed number of votes is cast among different...
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Behavioural Business Design
This chapter explores the definition of behavioural business design behavioural business design and how designers can approach design for behavioural...
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How Can Low-Carbon City Construction Enhance Urban Economic Resilience? A Mechanism Analysis Based on Industrial Agglomeration and Technological Innovation Effects
How to effectively enhance urban economic resilience from a policy perspective is an issue worth paying attention to. As an important institutional...
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Buyers’ welfare maximizing auction design
I derive the incentive compatible and individually rational mechanism that maximizes the sum of the buyers’ ex-ante expected utilities. I also show...
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Correction to: Reduced-form mechanism design and ex post fairness constraints
A Correction to this paper has been published: 10.1007/s40505-021-00211-1