Communication in Mechanism Design

Communication in Mechanism Design
Author: Steven R. Williams
Publisher: Cambridge University Press
Total Pages: 5
Release: 2008-06-02
Genre: Business & Economics
ISBN: 1139471791

Mechanism design is the field of economics that treats institutions and procedures as variables that can be selected in order to achieve desired objectives. An important aspect of a mechanism is the communication among its participants that it requires, which complements other design features such as incentives and complexity. A calculus-based theory of communication in mechanisms is developed in this book. The value of a calculus-based approach lies in its familiarity as well as the insight into mechanisms that it provides. Results are developed concerning (i) a first order approach to the construction of mechanisms, (ii) the range of mechanisms that can be used to achieve a given objective, as well as (iii) lower bounds on the required communication.

Mechanism Design

Mechanism Design
Author: Rakesh V. Vohra
Publisher: Cambridge University Press
Total Pages: 185
Release: 2011-05-09
Genre: Business & Economics
ISBN: 1139499173

Mechanism design is an analytical framework for thinking clearly and carefully about what exactly a given institution can achieve when the information necessary to make decisions is dispersed and privately held. This analysis provides an account of the underlying mathematics of mechanism design based on linear programming. Three advantages characterize the approach. The first is simplicity: arguments based on linear programming are both elementary and transparent. The second is unity: the machinery of linear programming provides a way to unify results from disparate areas of mechanism design. The third is reach: the technique offers the ability to solve problems that appear to be beyond solutions offered by traditional methods. No claim is made that the approach advocated should supplant traditional mathematical machinery. Rather, the approach represents an addition to the tools of the economic theorist who proposes to understand economic phenomena through the lens of mechanism design.

Mechanism Design for Robotics

Mechanism Design for Robotics
Author: Alessandro Gasparetto
Publisher: Springer
Total Pages: 468
Release: 2018-08-30
Genre: Technology & Engineering
ISBN: 3030003655

This volume contains the Proceedings of the 4th IFToMM Symposium on Mechanism Design for Robotics, held in Udine, Italy, 11-13 September, 2018. It includes recent advances in the design of mechanisms and their robotic applications. It treats, among others, the following topics: mechanism design, mechanics of robots, parallel manipulators, actuators and their control, linkage and industrial manipulators, innovative mechanisms/robots and their applications. This book can be used by students, researchers and engineers in the relevant areas of mechanisms, machines and robotics.

Game Theoretic Problems in Network Economics and Mechanism Design Solutions

Game Theoretic Problems in Network Economics and Mechanism Design Solutions
Author: Y. Narahari
Publisher: Springer Science & Business Media
Total Pages: 274
Release: 2009-04-03
Genre: Mathematics
ISBN: 1848009380

This monograph focuses on exploring game theoretic modeling and mechanism design for problem solving in Internet and network economics. For the first time, the main theoretical issues and applications of mechanism design are bound together in a single text.

Game Theory in Wireless and Communication Networks

Game Theory in Wireless and Communication Networks
Author: Zhu Han
Publisher: Cambridge University Press
Total Pages: 555
Release: 2012
Genre: Business & Economics
ISBN: 0521196965

This unified 2001 treatment of game theory focuses on finding state-of-the-art solutions to issues surrounding the next generation of wireless and communications networks. The key results and tools of game theory are covered, as are various real-world technologies and a wide range of techniques for modeling, design and analysis.

Algorithmic Mechanism Design for Internet of Things Services Market

Algorithmic Mechanism Design for Internet of Things Services Market
Author: Yutao Jiao
Publisher: Springer Nature
Total Pages: 120
Release: 2021-11-26
Genre: Technology & Engineering
ISBN: 9811673535

This book establishes game-theoretical frameworks based on the mechanism design theory and proposes strategy-proof algorithms, to optimally allocate and price the related IoT services, so that the social welfare of IoT ecosystem or the service provider’s revenue can be maximized and the IoT service provision can be sustainable. This book is written by experts based on the recent research results on the interaction between the service providers and users in the IoT system. Since the IoT networks are essentially supported by data, communication, and computing resources, the book focuses on three representative IoT services, including the data analytics services, the cloud/fog computing services for blockchain networks, and the wireless powered data crowdsourcing services. Researchers, scientists, and engineers in the field of resource allocation and service management for future IoT ecosystem can benefit from the book. As such, this book provides valuable insights and practical methods, especially the novel deep learning-based mechanism that can be considered in the emerging IoT technology.

Using Cross-Layer Techniques for Communication Systems

Using Cross-Layer Techniques for Communication Systems
Author: Rashvand, Habib F.
Publisher: IGI Global
Total Pages: 656
Release: 2012-04-30
Genre: Computers
ISBN: 1466609613

Although the existing layering infrastructure--used globally for designing computers, data networks, and intelligent distributed systems and which connects various local and global communication services--is conceptually correct and pedagogically elegant, it is now well over 30 years old has started create a serious bottleneck. Using Cross-Layer Techniques for Communication Systems: Techniques and Applications explores how cross-layer methods provide ways to escape from the current communications model and overcome the challenges imposed by restrictive boundaries between layers. Written exclusively by well-established researchers, experts, and professional engineers, the book will present basic concepts, address different approaches for solving the cross-layer problem, investigate recent developments in cross-layer problems and solutions, and present the latest applications of the cross-layer in a variety of systems and networks.

Mechanism Design, Behavioral Science and Artificial Intelligence in International Relations

Mechanism Design, Behavioral Science and Artificial Intelligence in International Relations
Author: Tshilidzi Marwala
Publisher: Elsevier
Total Pages: 314
Release: 2024-07-23
Genre: Mathematics
ISBN: 0443239835

Recent advances in AI and Mechanism Design provide a vital tool for solving collective action problems, common in international relations. By using AI to optimize mechanisms for cooperation and coordination, we can better address issues such as climate change, trade, and security. Mechanism Design, Behavioral Science and Artificial Intelligence in International Relations shows readers how the intersection of Mechanism Design and Artificial Intelligence is revolutionizing the way we approach international relations. By using AI to optimize mechanisms, we can design better institutions, policies, and agreements that are more effective and efficient. Dr. Tshilidzi Marwala, United Nations University Rector and UN Under-Secretary General, presents the essential technologies used in Game Theory, Mechanism Design and AI and applies these to significant global issues such as interstate conflict, cybersecurity, and energy. International relations are a complex field, with many different actors and interests in play. By incorporating AI into our analysis and decision-making processes, we can better understand and predict the behavior of multiple actors and design mechanisms that take these behaviors into account, thereby producing more desirable and creative interdisciplinary approaches. The book presents real-world applications of these rapidly evolving technologies in crucial research fields such as Interstate Conflict, International Trade, Climate Change, Water management, Energy, cybersecurity, and global finance. - Provides insights for computer scientists, researchers, practitioners, and policymakers on how to develop practical tools to solve many complex problems in international relations, such as climate change, cybersecurity, and interstate conflict - Presents the necessary computer science, mathematical methods, and techniques in AI, game theory, mechanism design, and algorithm development - Includes real-world applications of AI and mechanism design in a wide variety of research topics, such as international conflict, international trade, climate change, water management, energy management, cybersecurity, and global finance

Game Theory And Mechanism Design

Game Theory And Mechanism Design
Author: Y Narahari
Publisher: World Scientific
Total Pages: 533
Release: 2014-03-13
Genre: Computers
ISBN: 9814525065

This book offers a self-sufficient treatment of a key tool, game theory and mechanism design, to model, analyze, and solve centralized as well as decentralized design problems involving multiple autonomous agents that interact strategically in a rational and intelligent way. The contents of the book provide a sound foundation of game theory and mechanism design theory which clearly represent the “science” behind traditional as well as emerging economic applications for the society.The importance of the discipline of game theory has been recognized through numerous Nobel prizes in economic sciences being awarded to game theorists, including the 2005, 2007, and 2012 prizes. The book distills the marvelous contributions of these and other celebrated game theorists and presents it in a way that can be easily understood even by senior undergraduate students.A unique feature of the book is its detailed coverage of mechanism design which is the art of designing a game among strategic agents so that a social goal is realized in an equilibrium of the induced game. Another feature is a large number of illustrative examples that are representative of both classical and modern applications of game theory and mechanism design. The book also includes informative biographical sketches of game theory legends, and is specially customized to a general engineering audience.After a thorough reading of this book, readers would be able to apply game theory and mechanism design in a principled and mature way to solve relevant problems in computer science (esp, artificial intelligence/machine learning), computer engineering, operations research, industrial engineering and microeconomics.

An Introduction to the Theory of Mechanism Design

An Introduction to the Theory of Mechanism Design
Author: Tilman Borgers
Publisher: Oxford University Press
Total Pages: 263
Release: 2015-05-01
Genre: Business & Economics
ISBN: 0190244682

What is the best way to auction an asset? How should a group of people organize themselves to ensure the best provision of public goods? How should exchanges be organized? In An Introduction to the Theory of Mechanism Design, Tilman Börgers addresses these questions and more through an exploration of the economic theory of mechanism design. Mechanism design is reverse game theory. Whereas game theory takes the rules of the game as a given and makes predictions about the behavior of strategic players, the theory of mechanism design goes a step further and selects the optimal rules of the game. A relatively new economic theory, mechanism design studies the instrument itself as well as the results of the instrument. An Introduction to the Theory of Mechanism Design provides rigorous but accessible explanations of classic results in the theory of mechanism design, such as Myerson's theorem on expected revenue maximizing auctions, Myerson and Satterthwaite's theorem on the impossibility of ex post efficient bilateral trade with asymmetric information, and Gibbard and Satterthwaite's theorem on the non-existence of dominant strategy voting mechanisms. Börgers also provides an examination of the frontiers of current research in the area with an original and unified perspective that will appeal to advanced students of economics.