{"id":184478,"date":"2004-06-08T00:00:00","date_gmt":"2009-10-31T13:48:06","guid":{"rendered":"https:\/\/www.microsoft.com\/en-us\/research\/msr-research-item\/distributed-implementations-of-vickrey-clarke-groves-mechanisms\/"},"modified":"2016-09-09T09:49:18","modified_gmt":"2016-09-09T16:49:18","slug":"distributed-implementations-of-vickrey-clarke-groves-mechanisms","status":"publish","type":"msr-video","link":"https:\/\/www.microsoft.com\/en-us\/research\/video\/distributed-implementations-of-vickrey-clarke-groves-mechanisms\/","title":{"rendered":"Distributed Implementations of Vickrey-Clarke-Groves Mechanisms"},"content":{"rendered":"<div class=\"asset-content\">\n<p>Mechanism design (MD) provides a useful method to implement outcomes with desirable properties in systems with self-interested computational agents. One drawback, however, is that computation is implicitly centralized in MD theory, with a central planner taking all decisions. We consider distributed implementations, in which the outcome is determined by the self-interested agents themselves. Clearly this introduces new opportunities for manipulation. We propose a number of principles to guide the distribution of computation, focusing in particular on Vickrey-Clarke-Groves mechanisms for implementing outcomes that maximize total value across agents. Our solutions bring the complete implementation into an ex post Nash equilibrium.<\/p>\n<p>Joint work with Jeffrey Shneidman.<\/p>\n<\/div>\n<p><!-- .asset-content --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mechanism design (MD) provides a useful method to implement outcomes with desirable properties in systems with self-interested computational agents. One drawback, however, is that computation is implicitly centralized in MD theory, with a central planner taking all decisions. We consider distributed implementations, in which the outcome is determined by the self-interested agents themselves. Clearly this [&hellip;]<\/p>\n","protected":false},"featured_media":289736,"template":"","meta":{"msr-url-field":"","msr-podcast-episode":"","msrModifiedDate":"","msrModifiedDateEnabled":false,"ep_exclude_from_search":false,"_classifai_error":"","footnotes":""},"research-area":[],"msr-video-type":[],"msr-locale":[268875],"msr-post-option":[],"msr-impact-theme":[],"msr-pillar":[],"class_list":["post-184478","msr-video","type-msr-video","status-publish","has-post-thumbnail","hentry","msr-locale-en_us"],"msr_download_urls":"","msr_external_url":"https:\/\/youtu.be\/GRTpMgXisHE","msr_secondary_video_url":"","msr_video_file":"","_links":{"self":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video\/184478"}],"collection":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video"}],"about":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/types\/msr-video"}],"version-history":[{"count":0,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video\/184478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/media\/289736"}],"wp:attachment":[{"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/media?parent=184478"}],"wp:term":[{"taxonomy":"msr-research-area","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/research-area?post=184478"},{"taxonomy":"msr-video-type","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-video-type?post=184478"},{"taxonomy":"msr-locale","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-locale?post=184478"},{"taxonomy":"msr-post-option","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-post-option?post=184478"},{"taxonomy":"msr-impact-theme","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-impact-theme?post=184478"},{"taxonomy":"msr-pillar","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/research\/wp-json\/wp\/v2\/msr-pillar?post=184478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}