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Designing Simple Mechanisms

Shengwu Li

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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.

Date: 2024-03, Revised 2024-07
New Economics Papers: this item is included in nep-des and nep-mic
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