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Mechanism Design

TagLast edit: 14 Oct 2021 14:27 UTC by Vladimir_Nesov

Mechanism Design is the theory of how to design incentives for strategic agents, such that the agents acting according to their selfish interests will result in a desired outcome. It can be applied to things like institution design, voting systems, school admissions, regulation of monopolists, market design, and auction design. Think of it as the engineering side of game theory, thinking backward from a desired goal, and designing structures that lead strategic agents to behave in a way that achieves that goal.

Important Concepts

Related Pages: Game Theory, Incentives, Principal-Agent Problems, Cryptocurrencies and blockchain, Public discourse

Related Sequences: Mechanism Design

[Se­quence an­nounce­ment] In­tro­duc­tion to Mechanism Design

badger30 Apr 2014 16:21 UTC
90 points
12 comments1 min readLW link

Mechanism De­sign: Con­struct­ing Al­gorithms for Strate­gic Agents

badger30 Apr 2014 18:37 UTC
68 points
14 comments9 min readLW link

In­cen­tive com­pat­i­bil­ity and the Reve­la­tion Principle

badger3 May 2014 13:38 UTC
35 points
7 comments6 min readLW link

Strat­e­gyproof Mechanisms: Possibilities

badger2 Jun 2014 2:26 UTC
42 points
4 comments6 min readLW link

Swiss Poli­ti­cal Sys­tem: More than You ever Wanted to Know (I.)

Martin Sustrik19 Jul 2020 1:11 UTC
144 points
29 comments24 min readLW link

A vot­ing the­ory primer for rationalists

Jameson Quinn12 Apr 2018 15:15 UTC
192 points
92 comments17 min readLW link

Anti-so­cial Punishment

Martin Sustrik27 Sep 2018 7:08 UTC
228 points
64 comments6 min readLW link

Mo­ral pub­lic goods

paulfchristiano26 Jan 2020 0:10 UTC
145 points
74 comments4 min readLW link
(sideways-view.com)

[not on­go­ing] Thoughts on Pro­por­tional vot­ing methods

Jameson Quinn22 Jul 2020 2:46 UTC
32 points
56 comments46 min readLW link

Swiss Poli­ti­cal Sys­tem: More than You ever Wanted to Know (III.)

Martin Sustrik11 Aug 2020 5:09 UTC
65 points
5 comments22 min readLW link

When Hind­sight Isn’t 20/​20: In­cen­tive De­sign With Im­perfect Credit Allocation

johnswentworth8 Nov 2020 19:16 UTC
68 points
24 comments6 min readLW link

In­sti­tu­tional Senescence

Martin Sustrik26 Jun 2020 4:40 UTC
26 points
7 comments2 min readLW link
(250bpm.com)

[Question] [Re­source Re­quest] What are good re­sources for best prac­tice for cre­at­ing bu­reau­cracy?

ChristianKl9 Jul 2020 12:05 UTC
11 points
1 comment1 min readLW link

Moloch Hasn’t Won

Zvi28 Dec 2019 16:30 UTC
143 points
38 comments7 min readLW link3 nominations1 review
(thezvi.wordpress.com)

Quotes from Mo­ral Mazes

Zvi30 May 2019 11:50 UTC
85 points
27 comments53 min readLW link
(thezvi.wordpress.com)

The Costly Co­or­di­na­tion Mechanism of Com­mon Knowledge

Ben Pace15 Mar 2018 20:20 UTC
160 points
30 comments19 min readLW link

Quadratic vot­ing for the 2018 Review

Ben Pace20 Dec 2019 22:59 UTC
33 points
42 comments5 min readLW link

[Part 1] Am­plify­ing gen­er­al­ist re­search via fore­cast­ing – Models of im­pact and challenges

19 Dec 2019 15:50 UTC
53 points
29 comments17 min readLW link

On Col­lu­sion—Vi­talik Buterin

Matt Goldenberg9 Oct 2019 14:45 UTC
24 points
3 comments1 min readLW link
(hackernoon.com)

Com­bin­ing Pre­dic­tion Tech­nolo­gies to Help Moder­ate Discussions

Wei_Dai8 Dec 2016 0:19 UTC
21 points
15 comments1 min readLW link

In­ter­faces as a Scarce Resource

johnswentworth5 Mar 2020 18:20 UTC
152 points
13 comments12 min readLW link

Crowd­sourc­ing mod­er­a­tion with­out sac­ri­fic­ing quality

paulfchristiano2 Dec 2016 21:47 UTC
18 points
26 comments1 min readLW link
(sideways-view.com)

Ra­tional Me or We?

RobinHanson17 Mar 2009 13:39 UTC
152 points
157 comments1 min readLW link

How can non­prof­its gain the ad­van­tages of the for-profit model?

jasoncrawford6 May 2020 1:15 UTC
37 points
0 comments2 min readLW link
(rootsofprogress.org)

Melt­ing democracy

Richard_Ngo29 Apr 2020 20:10 UTC
28 points
6 comments6 min readLW link
(thinkingcomplete.blogspot.com)

Shap­ing eco­nomic in­cen­tives for col­lab­o­ra­tive AGI

Kaj_Sotala29 Jun 2018 16:26 UTC
45 points
15 comments4 min readLW link

Eng­ineer­ing Ex­pe­rience Through Score

ZorbaTHut2 Aug 2020 12:09 UTC
24 points
0 comments4 min readLW link

How To Use Bureaucracies

Samo Burja17 Jul 2018 8:10 UTC
67 points
37 comments9 min readLW link
(medium.com)

Re­place judges with Key­ne­sian beauty con­tests?

John_Maxwell7 Oct 2019 4:00 UTC
30 points
5 comments4 min readLW link

Re­vi­tal­iz­ing Less Wrong seems like a lost pur­pose, but here are some other ideas

John_Maxwell12 Jun 2016 7:38 UTC
35 points
35 comments6 min readLW link

Honors Fuel Achievement

Samo Burja10 Jun 2019 16:10 UTC
38 points
2 comments8 min readLW link
(medium.com)

So­cial Technology

Samo Burja2 Mar 2018 19:54 UTC
13 points
5 comments11 min readLW link

Ex­per­i­ment: Separate High/​Low Pro­duc­tive Hours

Raemon8 Feb 2018 4:10 UTC
15 points
2 comments2 min readLW link

More Notes on Sim­ple Rules

Zvi21 May 2019 14:50 UTC
34 points
1 comment6 min readLW link
(thezvi.wordpress.com)

Distributed pub­lic goods provision

paulfchristiano26 Sep 2020 21:20 UTC
25 points
3 comments5 min readLW link
(sideways-view.com)

Nash Score for Vot­ing Techniques

abramdemski26 Nov 2020 19:29 UTC
19 points
12 comments6 min readLW link

[Question] Num­ber-guess­ing pro­to­col?

abramdemski7 Dec 2020 15:07 UTC
19 points
28 comments1 min readLW link

How to solve the ar­gu­ment about what the al­gorithm should do

Yoav Ravid15 Jan 2021 6:08 UTC
21 points
8 comments1 min readLW link

Idea: Give the No­bel peace prize to in­sti­tu­tion designers

rockthecasbah21 Jun 2021 17:22 UTC
27 points
5 comments2 min readLW link

Bet­ter Pass­word Peppering

Yoav Ravid24 Aug 2021 10:19 UTC
5 points
9 comments3 min readLW link

Quadratic Vot­ing and Collusion

leogao17 Nov 2021 0:19 UTC
41 points
25 comments2 min readLW link

Inad­e­quate Equil­ibria vs. Gover­nance of the Commons

Martin Sustrik25 May 2018 13:17 UTC
172 points
18 comments14 min readLW link

Dire Bullshit

Alicorn15 Apr 2018 4:59 UTC
83 points
4 comments2 min readLW link

Recom­men­da­tions vs. Guidelines

Scott Alexander13 Apr 2018 4:10 UTC
67 points
18 comments5 min readLW link
(slatestarcodex.com)

Strong Votes [Up­date: De­ployed]

Raemon1 Jun 2018 21:03 UTC
75 points
85 comments2 min readLW link

Se­cu­rity Mind­set and the Lo­gis­tic Suc­cess Curve

Eliezer Yudkowsky26 Nov 2017 15:58 UTC
70 points
47 comments20 min readLW link

Play­ing Politics

sarahconstantin5 Dec 2018 0:30 UTC
94 points
45 comments12 min readLW link
(srconstantin.wordpress.com)

LessWrong 2.0

Vaniver9 Dec 2015 18:59 UTC
126 points
318 comments8 min readLW link

The Power of Reinforcement

lukeprog21 Jun 2012 13:42 UTC
154 points
474 comments4 min readLW link

What is op­er­a­tions?

Swimmer96326 Sep 2019 14:16 UTC
107 points
9 comments7 min readLW link2 nominations

Les­sons from the Cold War on In­for­ma­tion Hazards: Why In­ter­nal Com­mu­ni­ca­tion is Critical

Gentzel24 Feb 2018 23:34 UTC
47 points
10 comments4 min readLW link

From Per­sonal to Pri­son Gangs: En­forc­ing Proso­cial Behavior

johnswentworth24 Jan 2019 18:07 UTC
129 points
24 comments5 min readLW link2 nominations2 reviews

Less Com­pe­ti­tion, More Mer­i­toc­racy?

Zvi20 Jan 2019 2:00 UTC
84 points
19 comments20 min readLW link2 nominations3 reviews
(thezvi.wordpress.com)

Defeat­ing Ugh Fields In Practice

Psychohistorian19 Jun 2010 19:37 UTC
90 points
96 comments2 min readLW link

The Case for The EA Hotel

Matt Goldenberg31 Mar 2019 12:31 UTC
56 points
26 comments10 min readLW link

Recom­men­da­tion Fea­tures on LessWrong

15 Jun 2019 0:23 UTC
62 points
36 comments4 min readLW link

Free-to-Play Games: Three Key Trade-Offs

Zvi10 Sep 2019 12:10 UTC
47 points
4 comments5 min readLW link
(thezvi.wordpress.com)

3 Cul­tural In­fras­truc­ture Ideas from MAPLE

Unreal26 Nov 2019 18:56 UTC
53 points
15 comments9 min readLW link1 nomination

Re­place your­self first if you’re mov­ing to the Bay

Raemon22 Jul 2018 20:57 UTC
57 points
12 comments4 min readLW link

Why Do You Keep Hav­ing This Prob­lem?

Davis_Kingsley20 Jan 2020 8:33 UTC
47 points
16 comments1 min readLW link

Pro­tect­ing Large Pro­jects Against Mazedom

Zvi3 Feb 2020 17:10 UTC
51 points
5 comments4 min readLW link
(thezvi.wordpress.com)

Re­sponse to Glen Weyl on Tech­noc­racy and the Ra­tion­al­ist Community

John_Maxwell22 Aug 2019 23:14 UTC
61 points
9 comments9 min readLW link

How I see knowl­edge aggregation

zulupineapple3 Feb 2018 10:31 UTC
24 points
17 comments2 min readLW link

3 Levels of Ra­tion­al­ity Verification

Eliezer Yudkowsky15 Mar 2009 17:19 UTC
64 points
239 comments3 min readLW link

Per­mis­sions in Governance

sarahconstantin2 Aug 2019 19:50 UTC
53 points
12 comments8 min readLW link
(srconstantin.wordpress.com)

Turn­ing the Tech­ni­cal Crank

Error5 Apr 2016 5:36 UTC
74 points
134 comments6 min readLW link

Pre­dic­tion-Aug­mented Eval­u­a­tion Systems

ozziegooen9 Nov 2018 10:55 UTC
43 points
12 comments8 min readLW link

Is com­mu­nity-col­lab­o­ra­tive ar­ti­cle pro­duc­tion pos­si­ble?

lukeprog21 Mar 2012 20:10 UTC
57 points
46 comments3 min readLW link

Sim­ple Rules of Law

Zvi19 May 2019 0:10 UTC
53 points
24 comments28 min readLW link2 nominations1 review
(thezvi.wordpress.com)

Quick Thoughts on Gen­er­a­tion and Eval­u­a­tion of Hy­pothe­ses in a Community

Ben Pace6 Sep 2018 1:01 UTC
52 points
5 comments4 min readLW link

Frac­tional Re­serve Charity

Alicorn7 Jun 2019 5:14 UTC
34 points
4 comments5 min readLW link

[Question] Why aren’t as­surance con­tracts widely used?

Daniel Kokotajlo1 Dec 2019 0:20 UTC
31 points
14 comments1 min readLW link

Every­thing I ever needed to know, I learned from World of War­craft: In­cen­tives and rewards

Said Achmiz7 May 2018 6:44 UTC
17 points
6 comments9 min readLW link
(blog.obormot.net)

[Question] How im­por­tant is it that LW has an un­limited sup­ply of karma?

jacobjacob11 Feb 2019 1:41 UTC
27 points
9 comments2 min readLW link

Crime and punishment

PhilGoetz24 Mar 2011 21:53 UTC
50 points
192 comments2 min readLW link

New pa­per: The In­cen­tives that Shape Behaviour

RyanCarey23 Jan 2020 19:07 UTC
23 points
5 comments1 min readLW link
(arxiv.org)

[Question] Could we solve this email mess if we all moved to paid emails?

jacobjacob11 Aug 2019 16:31 UTC
29 points
50 comments4 min readLW link

Every­thing I ever needed to know, I learned from World of War­craft: Good­hart’s law

Said Achmiz3 May 2018 16:33 UTC
30 points
21 comments6 min readLW link
(blog.obormot.net)

One Web­site To Rule Them All?

anna_macdonald11 Jan 2019 19:14 UTC
30 points
23 comments10 min readLW link

The effi­ciency of prizes

lukeprog3 Apr 2012 21:45 UTC
37 points
18 comments2 min readLW link

A Model of Ra­tional Policy: When Is a Goal “Good”?

FCCC10 Oct 2020 17:05 UTC
2 points
0 comments17 min readLW link

Lite Blocking

jefftk5 Nov 2019 13:50 UTC
21 points
4 comments2 min readLW link
(www.jefftk.com)

Bo­gus Exam Questions

Donald Hobson28 Mar 2020 12:56 UTC
18 points
7 comments3 min readLW link

Longevity Insurance

canadaduane20 Feb 2012 0:30 UTC
23 points
18 comments2 min readLW link

The New Age of So­cial Engineering

VivaLaPanda7 Dec 2019 0:23 UTC
22 points
7 comments11 min readLW link

[Question] What if we could use the the­ory of Mechanism De­sign from Game The­ory as a medium achieve AI Align­ment?

farari74 Apr 2021 12:56 UTC
4 points
0 comments1 min readLW link

Ran­domWalkNFT: A Game The­ory Exercise

Annapurna12 Nov 2021 19:05 UTC
7 points
10 comments2 min readLW link

Im­prov­ing on the Karma System

Raelifin14 Nov 2021 18:01 UTC
88 points
33 comments19 min readLW link