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The Revelation Principle is a concept in mechanism design, a field of economics and game theory. It states that for any mechanism or system designed to achieve a certain outcome or allocate resources, it is possible to design a direct mechanism (or mechanism with straightforward reporting) that achieves the same outcome when participants report their private information truthfully.

Ancestors (6)

  1. Mechanism design
  2. Social choice theory
  3. Applied mathematics
  4. Fields of mathematics
  5. Mathematics
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