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This issue of SIGEcom Exchanges has two articles coming from the First Workshop on Mechanism Design for Social Good, which took place at EC in 2017. A survey by Scott Kominers is based on the keynote he gave there, which overviews recent examples of market design in the realm of social good...
We present a report on the first Workshop on Mechanism Design for Social Good (MD4SG '17), which took place at the 18th ACM Conference on Economics and Computation (EC '17), and discuss unifying themes for research at this interface.
This article gives a (very) brief exposition of what market design is, along with four examples of market design in action. Loosely themed after Robert Frost's poem "Mending Wall," the examples demonstrate ways in which market design can break barriers---physical, political, and/or metaphorical....
We explore the impact of private information in sealed-bid first-price auctions. For a given symmetric and arbitrarily correlated prior distribution over values, we characterize the impact that the structure of private information has on bidding behavior, and the sharing of surplus between the...
We introduce a combinatorial variant of the cost sharing problem: several services can be provided to each player and each player values every combination of services differently. A publicly known cost function specifies the cost of providing every possible combination of services. A...
In this letter, we discuss the correlation-robust framework proposed by Carroll [Econometrica 2017] and our new development [SODA 2018]. Consider a monopolist seller that has n heterogeneous items to sell to a single buyer with the objective of maximizing the seller's revenue. In the...
Learning dynamics have traditionally taken a secondary role to Nash equilibria in game theory. We propose a new approach that places the understanding of game dynamics over mixed strategy profiles as the central object of inquiry. We focus on the stable recurrent points of the dynamics, i.e....
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