Game Theory and Mechanism Design

Game Theory and Mechanism Design is an easily accessible introduction to the theories of games and mechanism design, and their applications to problems at the intersection of mathematics, economics, and computer science. The specific applications discussed in the book include resource allocation, standard auctions, sponsored search auctions in Internet advertising, and the problem of stable matching. While the theory of games focuses on the modelling of conflict situations and the analysis of outcomes, mechanism design focuses on the 'reverse engineering' of games to achieve desired outcomes.