Chapter 9

Algorithmic Mechanism Design

Through the lens of Multiunit auctions

Noam Nisan*,    * Microsoft Research Hebrew University of Jerusalam, Jerusalam, Israel

Abstract

Mechanism design is a subfield of game theory that aims to design games whose equilibria have desired properties such as achieving high efficiency or high revenue. Algorithmic mechanism design is a subfield that lies on the border of mechanism design and computer science and deals with mechanism design in algorithmically complex scenarios that are often found in computational settings such as the Internet.

The central challenge in algorithmic mechanism design is the tension between the computational constraints and the game-theoretic ones. This survey demonstrates ...

Get Handbook of Game Theory now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.