Auctions and Mechanism Design
Labs The second-price auction and The lemon market
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Lessons that use this board
- Under a Buttonwood Tree - the exchange, the order book and the spreadlesson
- Auctions & Mechanism Designlesson
- What They Know That You Don'tlesson
- Three Friends, One Restaurantlesson
Auctions and Mechanism Design. AUCTIONS & MECHANISM DESIGN
the capstone — REVERSE game theory: don't predict the game, DESIGN it, so selfish play produces the outcome you want
1 · MECHANISM DESIGN = REVERSE GAME
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