mechanism design experiments
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Mechanism Design
Bridge (graph theory)
Reasonable and effective incentive mechanism can fully mobilize positive initiative and the creativity of designers,and encourage designers to tap the design potential and carefully designed so that achieve the purpose to control project cost.The owner's incentive mechanism model was established,and optimal the of incentive levels of owners and the optimal effort level of designers were analyzed.The optimal incentive contract arrangements for the owners were designed.
Mechanism Design
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Mathematic models of incentive mechanism are designed with mathematic analytic methods and game theory.Supervision mechanism is considered and analyzed in the design of incentive mechanism.This extends the theory framework of the incentive mechanism.The results are as following.Supervision mechanism is related with incentive mechanism.They can replace each other.They can encourage or guide the agent to work hard.Therefore,the function of the incentive mechanism and the supervision mechanism should be considered synthetically in the design of the incentive contract.The analyses of supervision mechanism in the incentive mechanism not only have theoretical innovation,but also have bigger application value in practice.
Mechanism Design
Incentive program
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Incentive Mechanism is a hot topic in economics,and also a problem urgently needing to be solved in many enterprises. Based on the theoretical study and a case analysis of incentive mechanism,this paper explores how to construct the mechanism in chemical industry enterprises by taking the relative characteristics into consideration.
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We study a classic mechanism design problem: How to organize trade between two privately informed parties. We characterize an optimal mechanism under selfish preferences and present experimental evidence that, under such a mechanism, a non-negligible fraction of individuals deviates from the intended behavior. We show that this can be explained by models of social preferences and introduce the notion of a social-preference-robust mechanism. We characterize an optimal mechanism in this class and present experimental evidence that it successfully controls behavior. We finally show that this mechanism is more profitable only if deviations from selfish behavior are sufficiently frequent.
Mechanism Design
Social Preferences
Fraction (chemistry)
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Mechanism design is concerned with the design of strategic environments to achieve desired outcomes at equilibria of the resulting game. We briefly overview central ideas in mechanism design. We survey both objectives the mechanism designer may seek to achieve, as well as equilibrium concepts the designer may use to model agents. We conclude by discussing a seminal example of mechanism design at work: the Vickrey-Clarke-Groves (VCG) mechanisms.
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Incentive mechanism constitutes an impotent part of political management. What the mechanism deals with is how to arouse the initiative and sense of involvement to achieve the magnificent goal of sound political management. The paper, starting with the probation into the theories of incentive mechanism then, works out an incentive mechanism, then introduces the operating pattern of incentive mechanism, and finally develops the incentive system of political management by combining the three segments. The paper also puts its due stress on strengthening the ethical construction.
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Mechanism design is concerned with the design of strategic environments to achieve desired outcomes at equilibria of the resulting game. We briefly overview central ideas in mechanism design. We survey both objectives the mechanism designer may seek to achieve and equilibrium concepts the designer may use to model agents. We conclude by discussing a seminal example of mechanism design at work: the Vickrey-Clarke-Groves (VCG) mechanisms.
Mechanism Design
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Incentive mechanism is an important part of human resource management. At present, the traditional personnel system in institutions of high learning has restricted its development for the lack of vigour and effect in incentive mechanism. This article will discuss theoretical base of constructing the new incentive mechanism in high institutions, summarize the existing disadvantages and put forward some relevant improving measures.
Incentive program
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Mechanism Design
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Mechanism design is the main method to design game rules.Supposing the agent in the game theory is self-interested,the best result is also can be concluded with mechanism designing.Revelation principle is one of the basic principles of mechanism design.The essay proves that provided the rational restraint is given to algorithm and communications,revelation principle will be invalid.When the single-stage mechanism is shifted to multi-stage mechanism,index calculation can be reduced to linear calculation so that the complexity of mechanism will be improved.
Revelation
Mechanism Design
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