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Design choices: Mechanism design and platform capitalism
2021
Big Data & Society
Mechanism design is a form of optimization developed in economic theory. It casts economists as institutional engineers, choosing an outcome and then arranging a set of market rules and conditions to achieve it. The toolkit from mechanism design is widely used in economics, policymaking, and now in building and managing online environments. Mechanism design has become one of the most pervasive yet inconspicuous influences on the digital mediation of social life. Its optimizing schemes structure
doi:10.1177/20539517211034312
fatcat:yc4juytyiba2bmwngf5wirw364