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Putting the "design" in mechanism design: tracing the evolution of economics as a design language.

Funding the Commons Berlin 2023Funding the CommonsSat, Sep 9, 2023, 10:20 AM · 15:36

The digital world increasingly requires us to design "economic engines": computational abstractions that find optimal ways allocate resources. This talk traces the origins of "economic engineering" and delineates the directions in which economics has to evolve to become a design language, and conversely, how engineers can adopt economic concepts in their design work.