Auction theory and mechanism design form a cornerstone of economic and computer science research, examining how individuals or entities bid for resources and ensuring that strategic interactions yield ...

In a public good environment with positively correlated types, we characterize optimal mechanisms when agents have private information and can enter collusive agreements. First, we prove a ...

This essay presents necessary and sufficient first-order conditions for the general design of allocation mechanisms that decentralize Pareto optimal decisions in Arrow-Hahn-McKenzie (AHM) economies.

Compliant mechanisms utilise the intrinsic elasticity of materials to achieve precise motion through deformation rather than traditional rigid-body joints. This design paradigm is highly advantageous ...