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Game Theory And Mechanism Design

This book offers a self-sufficient treatment of a key tool, game theory and mechanism design, to model, analyze, and solve centralized as well as decentralized design problems involving multiple autonomous agents that interact strategically in a rational and intelligent way. The contents of the book provide a sound foundation of game theory and mechanism design theory which clearly represent the “science” behind traditional as well as emerging economic applications for the society.The importance of the discipline of game theory has been recognized through numerous Nobel prizes in economic sciences being awarded to game theorists, including the 2005, 2007, and 2012 prizes. The book distills the marvelous contributions of these and other celebrated game theorists and presents it in a way that can be easily understood even by senior undergraduate students.A unique feature of the book is its detailed coverage of mechanism design which is the art of designing a game among strategic agents so that a social goal is realized in an equilibrium of the induced game. Another feature is a large number of illustrative examples that are representative of both classical and modern applications of game theory and mechanism design. The book also includes informative biographical sketches of game theory legends, and is specially customized to a general engineering audience.After a thorough reading of this book, readers would be able to apply game theory and mechanism design in a principled and mature way to solve relevant problems in computer science (esp, artificial intelligence/machine learning), computer engineering, operations research, industrial engineering and microeconomics.
DRM, a Design Research Methodology

Author: Lucienne T.M. Blessing
language: en
Publisher: Springer Science & Business Media
Release Date: 2009-06-13
The initial motivator for the development of DRM, a Design Research Methodology, and the subsequent writing of this book was our frustration about the lack of a common terminology, benchmarked research methods, and above all, a common research methodology in design. A shared view of the goals and framework for doing design research was missing. Design is a multidisciplinary activity occurring in multiple application areas and involving multiple stakeholders. As a consequence, design research emerges in a variety of disciplines for a variety of applications with a variety of subjects. This makes it particularly difficult to review its literature, relate various pieces of work, find common ground, and validate and share results that are so essential for sustained progress in a research community. Above all, design research needs to be successful not only in an academic sense, but also in a practical sense. How could we help the community develop knowledge that is both academically and practically worthwhile? Each of us had our individual ideas of how this situation could be improved. Lucienne Blessing, while finishing her thesis that involved studying and improving the design process, developed valuable insights about the importance and relationship of empirical studies in developing and evaluating these improvements. Amaresh Chakrabarti, while finishing his thesis on developing and evaluating computational tools for improving products, had developed valuable insights about integrating and improving the processes of building and evaluating tools.
Industry 4.0 and Advanced Manufacturing

Author: Amaresh Chakrabarti
language: en
Publisher: Springer Nature
Release Date: 2020-10-28
This book presents selected papers from the 1st International Conference on Industry 4.0 and Advanced Manufacturing held at the Indian Institute of Science, Bangalore and includes deliberations from stakeholders in manufacturing and Industry 4.0 on the nature, needs, challenges, opportunities, problems, and solutions in these transformational areas. Special emphasis is placed on exploring avenues for creating a vision of, and enablers for, sustainable, affordable, and human-centric Industry 4.0. The book showcases cutting edge practice, research, and educational innovation in this crucial and rapidly evolving area. This book will be useful to researchers in academia and industry, and will also be useful to policymakers involved in creating ecosystems for implementation of Industry 4.0.