Mechanism design: Mechanism design is a field of economics and game theory that studies how to design rules and incentives to achieve desired outcomes in strategic settings, where players act rationally. See also Rationality, Game theory, Artificial Intelligence, Incentives._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |