CORDIS Project
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This project seeks to advance Algorithmic Mechanism Design by focusing on simplicity and fairness in resource allocation mechanisms. It aims to create efficient, non-truthful mechanisms that can be applied in various economic markets, enhancing their practical usability.
The first decade of Algorithmic Mechanism Design (AMD) concentrated, very successfully, on the design of truthful mechanisms for the allocation of resources among agents with private preferences.Truthful mechanisms are ones that incentivize
rational users to report their preferences truthfully.Truthfulness, however, for all its theoretical appeal, suffers from several inherent limitations, mainly its high communication and computation complexities.It is not surprising,
therefore, that practical…
TEL AVIV UNIVERSITY
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