mechanism design seeks algorithms whose inputs are provided by selfish agents who would lie if advantageous. Incentive compatible mechanisms compel the agents to tell the truth by making it in their self-interest to do so. Often, as in combination auctions, such mechanisms involve the solution of NP-hard problems.<\/p>\n","protected":false},"excerpt":{"rendered":"
mechanism design seeks algorithms whose inputs are provided by selfish agents who would lie if advantageous. Incentive compatible mechanisms compel the agents to tell the truth by making it in their self-interest to do so. 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