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.










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    0














    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.










    share|cite|improve this question

























      0












      0








      0


      1





      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.










      share|cite|improve this question













      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






      share|cite|improve this question













      share|cite|improve this question











      share|cite|improve this question




      share|cite|improve this question










      asked Nov 22 at 20:48









      Hui Wang

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