Abstract

This work considers game-theoretic models of incentive mechanisms for multi-agent organizational systems. Three main principles of optimal incentive scheme design for interacting agents are derived, namely, the principle of compensation, the principle of decomposition and the principle of aggregation. Models of agents’ self-coordination are explored in terms of side-payoff games. And finally, we study identification problems for agents’ preferences.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.