All posts by Lê Nguyên Hoang

Mechanism Design and the Revelation Principle

April 19, 2012Article7284 vuesEdit
Whenever you need to make a group of people interact, you are designing a mechanism. If you want to achieve a good interaction, you need to make sure your mechanism is well designed. In this article, I'll show you main features of mechanisms through various examples. I'll also talk about a great mathematical tool for mechanism design: the revelation principle.

Regulation of Electricity Markets

April 14, 2012Article2006 vuesEdit
Electricity markets are not like any markets. In particular, they cannot be liberalized without regulation. In the article, I list the reasons why this market is specific and I conclude by giving you important features of a good regulation.

Fair Division and Cake-Cutting

April 10, 2012Article6345 vuesEdit
Cutting a cake to satisfy everyone is no piece of cake! In the article, we focus on classical definitions of fair divisions. I'll criticize those definitions and conclude by extrapolating them to fairness in society.