Decision Sciences
6 years ago

Revolutionary dynamic mechanism design boosts agent cooperation and earnings!

Journal of Discrete Mathematical Sciences and Cryptography
Dynamic mechanism design of single forward-looking agent
Denghui Liu

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The article explores how to design the best plan for a person who plans ahead. It looks at how to make sure this person will keep their promises and cooperate over time. By creating a special formula, the article shows how to calculate the value of future rewards. It also reveals that in certain cases, this formula will have unique properties, helping to figure out the best plan for the person.