Mechanism Design: Fundamentals and Applications

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What Is Mechanism Design


In the fields of economics and game theory, mechanism design is a subfield that takes a goals-first approach to the design of economic mechanisms or incentives, with the goal of working toward desired objectives in strategic contexts where players are assumed to act rationally. It is also known as the reverse game theory due to the fact that it begins at the end of the game and then works its way backwards. It has a wide range of applications, including those in the domains of economics and politics, including market design, auction theory, and social choice theory, as well as networked-systems.


How You Will Benefit


(I) Insights, and validations about the following topics:


Chapter 1: Mechanism Design


Chapter 2: Laplace's Equation


Chapter 3: Likelihood Function


Chapter 4: Navier-Stokes Equations


Chapter 5: Maximum Likelihood Estimation


Chapter 6: Sufficient Statistic


Chapter 7: Linear Elasticity


Chapter 8: Fisher Information


Chapter 9: Implicit Function Theorem


Chapter 10: Kullback-Leibler Divergence


(II) Answering the public top questions about mechanism design.


(III) Real world examples for the usage of mechanism design in many fields.


Who This Book Is For


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of mechanism design.


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Sobre o autor

Fouad Sabry is the former Regional Head of Business Development for Applications at HP in Southern Europe, Middle East, and Africa (SEMEA). Fouad has received his B.Sc. of Computer Systems and Automatic Control in 1996, dual master’s degrees from University of Melbourne (UoM) in Australia, Master of Business Administration (MBA) in 2008, and Master of Management in Information Technology (MMIT) in 2010. 

Fouad has more than 20 years of experience in Information Technology and Telecommunications fields, working in local, regional, and international companies, such as Vodafone and IBM in Middle East and Africa (MEA) region. Fouad joined HP Middle East (ME), based in Dubai, United Arab Emirates (UAE) in 2013 and helped develop the software business in tens of markets across Southern Europe, Middle East, and Africa (SEMEA) regions. Currently, Fouad is an entrepreneur, author, futurist, focused on Emerging Technologies, and Industry Solutions, and founder of One Billion Knowledgeable (1BK) Initiative.

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