Mechanism Design and Related Topics

Mechanism Design is the synthetic analysis of the design of institutions and of the effect of those institutions on social outcomes. The main focus is on the design of mechanisms which satisfy certain objectives under the assumption that the interacting agents possess private information and act strategically. Besides an elegant body of theory, there are numerous applications (e.g., to practical auction design).

This Hausdorff Trimester Program brought together leading experts from the different mathematical areas which are involved into the subject and stimulated discussions and new research.