| | The Social and Information Sciences Laboratory - SISL - studies how markets and other social systems aggregate large amounts of information that is widely distributed. Researchers in SISL are also working to design new and improved markets, network protocols, sensor systems, and political processes. Some of the specific topics being investigated by SISL researchers include the design of combinatorial auctions used for privatization; the design of large-scale interactive distributed systems such as electricity markets; the study of price formation and the possibilities for the use of market-based systems for information aggregation in a variety of settings; the optimal structuring of elections,
| committees, and juries; the formation and evolution of networked systems with independent actors; and many of the computational aspects of system design (e.g., what do users need to compute and what does the system need to compute?). One of the novel aspects of SISL research concerns understanding how humans interact with technology and what that implies about the design of the technology. Since such systems involve both human behavior and technology, SISL brings together researchers from the social sciences, engineering, and applied and computational mathematics.
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