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Frontiers of Algorithmic Mechanism Design: Limitations and Promises

Objective

The recent resolution of the two-decade-old Nisan-Ronen conjecture
has inaugurated a new, post-Nisan-Ronen era in Algorithmic Mechanism
Design (AMD). This project seizes this opportunity to address the
fundamental question that now defines the field's frontier: What are
the principles for designing robust, predictable, and efficient
algorithms for strategic environments?

This proposal attacks this central question through a unified,
three-pronged research program. First, the project will address the
central open questions concerning the power and limits of randomized
and fractional mechanisms, extending the successful techniques from
the conjecture's resolution to this new domain. Second, it will
establish a foundational theory of Algorithmic Regularity, a
quantitative, metric-based framework that connects monotonicity and
mechanism design with disparate notions of stability from across
computer science and provides a new, prescriptive lens for designing
predictable and fair algorithms. Third, it will apply these
foundational principles to the economically significant frontier of
public blockchains, developing novel mechanisms for resource
allocation and pioneering a new, regularity-based approach to the
critical challenge of composable security for smart contracts.

By systematically charting the limits of truthfulness, building a new
theory for robust algorithm design, and providing a principled
foundation for securing decentralized economies, this research has the
potential for transformative impact. It aims not only to solve
long-standing open problems but to shape the intellectual agenda for
the next decade of research in algorithmic design for strategic
environments.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

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HORIZON-ERC - HORIZON ERC Grants

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) ERC-2025-ADG

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Host institution

THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 499 796,00
Address
WELLINGTON SQUARE UNIVERSITY OFFICES
OX1 2JD Oxford
United Kingdom

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Region
South East (England) Berkshire, Buckinghamshire and Oxfordshire Oxfordshire
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Beneficiaries (1)