Economics · Microeconomics

Mechanism Design 101: Designing the Rules

Three real allocation problems land on your policy-lab desk — schools, kidneys, refugees. You do not pick the outcome. You design the rule that makes self-interested agents reveal what you need to know.

3 rounds Executive English, Español
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Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 3 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Allocation mechanism
  • Family reporting behaviour
  • Maximum exchange cycle length
  • Non-directed altruistic donor
  • Matching architecture
  • Preference source
  • Objective weight (0 = pure equity • 100 = pure employment)

What participants track

What participants follow on screen as the rounds go by:

  • Round Outcomes

Subjects covered

Designed for courses in Microeconomics.

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