Why is dominant strategy incentive compatibility (DSIC) named the way it is?
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Dominant strategy incentive compatibility (DSIC) means truth-telling is the best policy, but why is DSIC named the way it is? My understanding is that the designer of the mechanism wants to incentivize truth-telling. The mechanism is DSIC if every player's dominant strategy is compatible with what the designer wants to incentivize. Is my understanding correct? Thank you in advance.
game-theory algorithmic-game-theory
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asked Nov 22 at 20:48
Hui Wang
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