![Checkout](https://naologiccom.imgix.net/website-update/general/checkout.png?auto=compress&w=64&fm=png)
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 the difference between mechanism design and market design?
Answer
Mechanism design, which covers more ground, mostly focuses on ways for allocating resources. Markets are one kind of mechanism that distributes resources. The design of auctions is therefore a part of market design, as auctions are a subset of markets.