Economics & Computation
Economics and Computation uses both computational paradigms and economic models to study interactions between self-interested entities. Sometimes also called Algorithmic Game Theory, aspects of the discipline are theoretical, proving theorems after mathematically modeling strategic behavior. Aspects of the discipline are also empirical, analyzing real-world behavior and providing policy guidance.
Algorithmic mechanism design, the design of algorithms to be deployed among self-interested agents, is a particularly active research area at Princeton. This includes matching markets, auction design, and consensus protocol design.
