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- Incentive_compatibility abstract "In mechanism design, a process is incentive-compatible if all of the participants fare best when they truthfully reveal any private information asked for by the mechanism. As an illustration, voting systems which create incentives to vote dishonestly lack the property of incentive compatibility. In the absence of dummy bidders, collusion, in complete information, or other factors which interfere with process efficiency, a second price auction is an example of a mechanism that is incentive compatible.There are different degrees of incentive-compatibility: in some games, truth-telling can be a dominant strategy. A weaker notion is that truth-telling is a Bayes-Nash equilibrium: it is best for each participant to tell the truth, provided that others are also doing so.".
- Incentive_compatibility wikiPageID "5365395".
- Incentive_compatibility wikiPageRevisionID "606025477".
- Incentive_compatibility hasPhotoCollection Incentive_compatibility.
- Incentive_compatibility subject Category:Game_theory.
- Incentive_compatibility subject Category:Mechanism_design.
- Incentive_compatibility comment "In mechanism design, a process is incentive-compatible if all of the participants fare best when they truthfully reveal any private information asked for by the mechanism. As an illustration, voting systems which create incentives to vote dishonestly lack the property of incentive compatibility.".
- Incentive_compatibility label "Incentive compatibility".
- Incentive_compatibility label "Zgodność motywacji".
- Incentive_compatibility label "激勵相容".
- Incentive_compatibility sameAs Anreizkompatibilität.
- Incentive_compatibility sameAs Zgodność_motywacji.
- Incentive_compatibility sameAs m.0dhlf6.
- Incentive_compatibility sameAs Q7731670.
- Incentive_compatibility sameAs Q7731670.
- Incentive_compatibility wasDerivedFrom Incentive_compatibility?oldid=606025477.
- Incentive_compatibility isPrimaryTopicOf Incentive_compatibility.