reporting their true preferences.: 225  For example, there is incentive compatibility if high-risk clients are better off in identifying themselves as...

auction is strategically similar to an English auction and gives bidders an incentive to bid their true value. The auction was first described academically...

equivalent to a Vickrey auction against an unknown bidder. BDM's incentive compatibility is a well established theoretical result, and it relies on similar...

researcher need only look at the set of equilibria characterized by incentive compatibility. That is, if the mechanism designer wants to implement some outcome...

also called dominant-strategy-incentive-compatible (DSIC),: 415  to distinguish it from other kinds of incentive compatibility. A SP mechanism is immune to...

payments to agents become large, sacrificing budget neutrality to incentive compatibility. In a game where multiple agents are to report their preferences...

certain constraints (e.g., a physical resource constraint, or incentive compatibility constraints). This so-called planner's problem is a mathematical...

by assuming all players truthfully report type (subject to an incentive compatibility constraint). In one blow it eliminates the need to consider either...

The abbreviation NEIC may refer to: Nash equilibrium incentive compatibility, see Myerson–Satterthwaite theorem § Requirements National Earthquake Information...

He originated the concept of incentive compatibility, and showed how desired outcomes can be achieved by using incentive compatible mechanism design....

just like its predecessor. There are several incentives for a company to implement backward compatibility. One is that it can be used to preserve older...

E[y_{i}|y_{i}<v_{i}]} The FPSBA is not incentive-compatible even in the weak sense of Bayesian-Nash-Incentive-Compatibility (BNIC), since there is no Bayesian-Nash...

(WBB): the auctioneer should not lose money, but may gain money. Incentive compatibility (IC) also called truthfulness or strategy-proofness: also comes...

organizational economics", MIT Press, [2] "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment" by MacLeod and Malcomson MacLeod...

rate at helping countries develop.[citation needed] Beyond the incentive compatibility problems that can happen to foreign aid donations –that foreign...

themselves, people have an incentive to under report their valuation for public goods. Contingent valuation Incentive compatibility Public Choice: An Introduction...

1007/BF01753236. S2CID 222358176. Myerson, Roger B. (January 1979). "Incentive Compatibility and the Bargaining Problem". Econometrica. 47 (1): 61–73. doi:10...

car usePages displaying short descriptions of redirect targets Incentive compatibility – Concept in game theory Internality There ain't no such thing...

commitment (sacrifices) may not be able to consistently enforce incentive compatibility." Thus, rebellious groups can organize themselves to ask of members...

make the mechanism non-truthful. Algorithmic mechanism design Incentive compatibility Quadratic voting Vazirani, Vijay V.; Nisan, Noam; Roughgarden,...

the truth Accuracy—the propensity of information to be correct Incentive compatibility—a property of some strategic games that encourages participants...

mechanism, and like VCG, it requires a subsidy in order to induce incentive compatibility and efficiency. Both mechanisms also fall prone to collusion between...

are at risk of systemic biases, strategic behavior and lack of incentive compatibility. Some researchers point out that participants of experiments conducted...

productive they are, but can observe individuals' incomes. This imposes incentive compatibility constraints that limit the taxes which the government is able to...

been used to search for some kind of "minimally manipulable" (incentive compatibility) voting schemes. Game theory can also be used to analyze the pros...

of Conflict. Hurwicz introduced and formalized the concept of incentive compatibility. In 2012, Alvin E. Roth and Lloyd S. Shapley were awarded the Nobel...

{e}})))-c({\hat {e}})\right]\geq {\bar {u}}} and the agent's "incentive compatibility (IC)" constraint, E [ u ( w ( y ( e ^ ) ) ) − c ( e ^ ) ] ≥ E [...

mathematical terms, the first-order approach relaxes the more general incentive compatibility constraint in the principal's problem. The principal decides on...

sensitive to the credit risk in the bank's portfolio of assets Incentive compatibility - Banks must adopt better risk management techniques to control...

concludes by seeking to show that only game theory can solve the incentive compatibility problems modern civilization faces in dealing with rapacious economic...