LCPT Mechanism Design: Seminar I
In this seminar, we will establish some of the basic definitions and ideas necessary to game theory and mechanism design, motivated throughout by a few examples.
In particular, we will discuss notions of:
- Pareto Optimality
- Incentive Compatibility/StrategyProofness
- Centralised vs Decentralised Markets
- Voting Systems
Examples we will cover include the College Draw, the National Resident Matching Program and basic Voting systems in various countries.
In the interests of accessibility, the mathematical prerequisites to this seminar are light, but it is critical that definitions are clear + examples and counter-examples make sense.
If you have anything in particular you'd like to have discussed in this session, please email me beforehand at: mnw26@icloud.com