Macromanagement is a close concept to the economic concept of mechanism design.
Morris has also made important contributions to the theory of mechanism design.
Thanks to mechanism design, and particularly the revelation principle, the principal need only consider games in which agents truthfully report their private information.
Among his scientific contributions to game theory and mechanism design, the following are noteworthy:
Hurwicz invented the economic sciences of incentive compatibility and mechanism design.
When he was asked what the most important part of mechanism design is, he said welfare economics.
Reiter is a leading pioneer in the field of mechanism design.
The difficulty that mechanism design presents is clearly seen in this process.
These procedures allow the designer to develop and compare mechanism designs on a computer-based system.
His career was initially marked by important contributions to auction theory and mechanism design.