Mechanism design is a form of optimization developed in economic theory. It casts economists as institutional engineers, choosing an outcome and then arranging set market rules conditions to achieve it. The toolkit from mechanism widely used economics, policymaking, now building managing online environments. has become one the most pervasive yet inconspicuous influences on digital mediation soc...

Under normal circumstances, competitive markets do an excellent job of supplying the goods that members society want and need. But in emergency like a pandemic, unassisted may not suffice. Imagine, for example, suddenly needs to obtain tens (or even hundreds) millions COVID-19 virus test kits week. Test this are new product, so it be clear who relevant set manufacturers are. If we had luxury ti...