Discover how mechanism design theory uses incentives and game theory to achieve desired outcomes in economics and businesses while overcoming self-interest challenges.

Mechanism design in facility location games is an interdisciplinary field that integrates concepts from game theory, economics, and computer science to address the optimal placement of facilities ...

Compliant mechanisms utilise the intrinsic elasticity of materials to achieve precise motion through deformation rather than traditional rigid-body joints. This design paradigm is highly advantageous ...