Construct · 1 fields · 1 citations

market design: a standalone construct

One name. One construct. A landmark on the map.

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marketdesign1 CONSTRUCTMarket design (Game)ROTH · GAME THEORY

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Game theory

the practice of using game theory, experiments and computation to build working market rules, such as matching and auctions.

In game theory, market design refers to the practice of using game theory, experiments and computation to build working market rules, such as matching and auctions. This meaning comes from Roth (2002) in Econometrica.[1]

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References

  1. Roth, A. E. (2002). The Economist as Engineer: Game Theory, Experimentation, and Computation as Tools for Design Economics. Econometrica, 70(4), 1341-1378. https://doi.org/10.1111/1468-0262.00335

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