Checkout
Personalized AI apps
Build multi-agent systems without code and automate document search, RAG and content generation
Start free trial
Question

Mechanism Design - What is a mechanism in game theory?

Answer

In game theory, "mechanism design" refers to the process of creating game rules that optimize a desired outcome. In order to achieve this goal, we construct a system that motivates individuals to set aside their personal interests and adhere to the designer's intention.