New mechanism design maximizes revenue from public projects and non-disposable goods.
Dynamic mechanism design can help maximize outcomes in complex situations. Researchers have found a way to extract maximum value from all players in scenarios where everyone must get the same share or each item must be allocated. By understanding the geometry of achievable utility sets, they can design mechanisms to achieve this goal. This means that in certain situations, it is possible to ensure that everyone gets the most out of the system, even in dynamic environments.