Construct · 1 fields · 1 citations

Vickrey-Clarke-Groves mechanism: a standalone construct

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

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Game theory

a family of mechanisms that make truthful reporting dominant by charging each agent the externality their report imposes on others.

In game theory, Vickrey-Clarke-Groves mechanism refers to a family of mechanisms that make truthful reporting dominant by charging each agent the externality their report imposes on others. This meaning comes from Groves (1973) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

agent3 fields · 5 citationsjingle · one word, three constructs dominant1 fields · 1 citationsanchor · a standalone construct externality3 fields · 5 citationsjingle · one word, three constructs

References

Groves, T. (1973). Incentives in Teams. Econometrica, 41(4), 617. https://doi.org/10.2307/1914085

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