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Mechanism design is a field in economics and game theory that takes an engineering approach to designing economic mechanisms or incentives, toward desired objectives, in strategic settings, where players act rationally.
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The concept of 'truthfulness' and 'indirect' in mechanism design
I'm a beginner in mechanism design. I learned that 'a (direct) mechanism is truthful if an agent truthfully reveals his/her type.' Then, how can we define a truthful indirect mechanism? I'm not sure h …