Distributed algorithmic mechanism design
Distributed algorithmic mechanism design (DAMD) is an extension of algorithmic mechanism design.
DAMD differs from Algorithmic mechanism design since the algorithm is computed in a distributed manner rather than by a central authority. This greatly improves computation time since the burden is shared by all agents within a network
One major obstacle in DAMD is ensuring that agents reveal the true costs or preferences related to a given scenario. Often times these agents would rather lie in order to improve his or her own utility. A number of solutions apply to Algorithmic mechanism design but not to DAMD since DAMD does not require a central authority figure.