SIG-SoS

Algorithmic Mechanism Design

Author
selab
Date
2016-06-28 04:10
Views
130
Title: Algorithmic Mechanism Design

Published In: Journal of Economic Literature 2001

Authors: Noam Nisan, Amir Ronen

Abstract:
We consider algorithmic problems in a distributed setting where the participants cannot be assumed to follow the algorithm but rather their own self-interest. As such participants, termed agents, are capable of manipulating the algorithm, the algorithm designer should ensure in advance that the agents’ interests are best served by behaving correctly. Following notions from the field of mechanism design, we suggest a framework for studying such algorithms. Our main technical contribution concerns the study of a representative task scheduling problem for which the standard mechanism design tools do not suffice.