Economics - Market Design
Market design is a field of economics concerned with how to design tools that best address market failures. The market participants’ private information about their
willingness to pay * or
accept * and complex requirements on whom to allocate the goods, are two examples of things that may cause the market to fail. Well-thought and transparent market structures make the market function better and ensures the desired allocation of goods and services - the prime goal of market design.
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Computer Science – Distributed Cryptograhy
Distributed cryptography is a field of computer science concerned with how to coordinate confidential information without compromising confidentiality. While traditional cryptography focuses on preserving confidentiality within a group of individuals with full access to the information, recent contributions are a fundamental break with the idea of placing all trust in a single entity at any time. Secure multiparty computation is the tool that allows a number of parties to jointly perform computation on confidential inputs without releasing other information than agreed upon in advance.
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