Algorithmic Game Theory (Lecture 2: Mechanism Design Basics)

Mechanism design basics. How would you bid in a first-price auction? The Vickrey auction and dominant-strategy implementations. Case study: sponsored search auctions.
Full course playlist: Algorithmic Game Theory (Stanford CS3...
Book: https://www.amazon.com/dp/131662479X
Lecture notes: http://timroughgarden.org/f13/l/l2.pdf

• #people_blogs
• #algorithmic_game_theory
• #stanford_university_collegeuniversity
• #tim_roughgarden