Book contents
- Insight-Driven Problem Solving
- Insight-Driven Problem Solving
- Copyright page
- Dedication
- Contents
- Preface
- Introduction
- 1 The Big Picture of Analytics Science
- 2 Artificial Intelligence and Machine Learning
- 3 Queueing Theory and Resource Allocation
- 4 Game Theory and Mechanism Design
- 5 Linear and Nonlinear Mathematical Programming
- 6 Dynamic Programming and Sequential Decision-Making
- 7 Data Analysis
- 8 Graph Theory, Combinatorial Optimization, and Supply Chains
- Acknowledgments
- Notes
- References
- Index
4 - Game Theory and Mechanism Design
Published online by Cambridge University Press: 21 October 2025
Book contents
- Insight-Driven Problem Solving
- Insight-Driven Problem Solving
- Copyright page
- Dedication
- Contents
- Preface
- Introduction
- 1 The Big Picture of Analytics Science
- 2 Artificial Intelligence and Machine Learning
- 3 Queueing Theory and Resource Allocation
- 4 Game Theory and Mechanism Design
- 5 Linear and Nonlinear Mathematical Programming
- 6 Dynamic Programming and Sequential Decision-Making
- 7 Data Analysis
- 8 Graph Theory, Combinatorial Optimization, and Supply Chains
- Acknowledgments
- Notes
- References
- Index
Summary
This chapter is focused on game theory and mechanism design, presenting them as an important branch of analytics science that has impacted our world. Like all other chapters, it starts by presenting the big picture ideas, and showcasing various real-world examples in which those ideas have been impactful. It educates the reader though various familiar examples such as the simple decisions involved in cutting a cake and more critical decision-making scenarios such as what happened during the Battle of the Bismarck Sea or finding ways to reduce racial segregation in the society, and from policies that revolutionized life-saving ideas for those who are in dire need of transplantation to governments’ complex efforts in improving voting mechanisms. The chapter provides engaging stories showcasing how the main ideas in game theory and mechanism design have been impactful in a myriad of ways.
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- Insight-Driven Problem SolvingAnalytics Science to Improve the World, pp. 140 - 166Publisher: Cambridge University PressPrint publication year: 2025
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