Game theory | Mechanism design
A mechanism is called incentive-compatible (IC) if every participant can achieve the best outcome to themselves just by acting according to their true preferences. There are several different degrees of incentive-compatibility: * The stronger degree is dominant-strategy incentive-compatibility (DSIC). It means that truth-telling is a weakly-dominant strategy, i.e. you fare best or at least not worse by being truthful, regardless of what the others do. In a DSIC mechanism, strategic considerations cannot help any agent achieve better outcomes than the truth; hence, such mechanisms are also called strategyproof or truthful. (See Strategyproofness) * A weaker degree is Bayesian-Nash incentive-compatibility (BNIC). It means that there is a Bayesian Nash equilibrium in which all participants reveal their true preferences. I.e, if all the others act truthfully, then it is also best or at least not worse for you to be truthful. Every DSIC mechanism is also BNIC, but a BNIC mechanism may exist even if no DSIC mechanism exists. Typical examples of DSIC mechanisms are majority voting between two alternatives, and second-price auction. Typical examples of a mechanisms that are not DSIC are plurality voting between three or more alternatives and first-price auction. (Wikipedia).
Is There an Alternative to Political Correctness?
Political correctness aims for some very nice results, but its means have a habit of upsetting a lot of people. Might there be an alternative to it? We think there is, and it’s called Politeness. If you like our films, take a look at our shop (we ship worldwide): https://goo.gl/iVqWJ1 Joi
From playlist WORK + CAPITALISM
This video provides an example of how to find the equilibrium point given the demand and supply functions. Then producer surplus is found. Site: http://mathispower4u.com
From playlist Business Applications of Integration
The Explainer: Balancing Execution and Adaptation
Most organizations only focus on execution or adaptation. But both are important for success. Research shows that most leaders and organizations tend to focus on just one type of performance. But there are two types that are important for success. The first type is known as tactical perf
From playlist The Explainer
You MUST Harness the ‘Power of Intention’ When Learning Anything
The power of intention refers to the ability of a person to direct their thoughts and energy towards a specific goal or outcome. This concept is often associated with positive thinking and the law of attraction, which suggests that individuals can manifest their desires through the power o
From playlist Life Hacks
This video provides an example of how to find the equilibrium point given the demand and supply functions. Then consumer surplus is found. Site: http://mathispower4u.com
From playlist Business Applications of Integration
This video provides an example of how to determine producer surplus. Complete Video Library at www.mathispower4u.com
From playlist Business Applications of Integration
Distinguished Visitor Lecture Series Dynamic contracts Yuliy Sannikov Stanford University, USA
From playlist Distinguished Visitors Lecture Series
What Are Interspecific & Intraspecific Interactions | Ecology & Environment | Biology | FuseSchool
What Are Interspecific & Intraspecific Interactions | Ecology & Environment | Biology | FuseSchool From this video you should know the difference between interspecific and intraspecific, and that interactions can be positive, negative or neutral. Interspecific interactions are between d
From playlist BIOLOGY: Ecology & Environment
Lecture 11: Contracts and Mechanism Design
MIT 14.04 Intermediate Microeconomic Theory, Fall 2020 Instructor: Prof. Robert Townsend View the complete course: https://ocw.mit.edu/courses/14-04-intermediate-microeconomic-theory-fall-2020/ YouTube Playlist: https://www.youtube.com/watch?v=XSTSfCs74bg&list=PLUl4u3cNGP63wnrKge9vllow3Y2
From playlist MIT 14.04 Intermediate Microeconomic Theory, Fall 2020
Bitcoin Q&A: Node Compatibility, Lightning, and Incentives
What is the difference between reachable (listening) vs. non-reachable (non-listening) nodes? Will there be incentive schemes to run nodes? Are nodes that use older versions of the Bitcoin Core software backwards-compatible? What are the differences between Bitcoin and Lightning nodes and
From playlist English Subtitles - aantonop Videos with subtitles in English
Web 2.0 Expo NY 09: Ben Bixby, Earth Aid
Ben Bixby (Earth Aid), Earth Aid, "Cupcakes as the Solution to Climate Change: Data, Engagement, & Earth Aid Rewards"
From playlist Web 2.0 Expo New York 2009
Tradeoff Matrix - Agile Software Development
When we work on projects with fixed dates, scopes, and resources, we run the risk of burning out our teams and compromising quality. Use the tradeoff matrix to agree with your stakeholders as to what you’ll do when things—almost inevitably—don’t go exactly as planned. Video by Agile Coach
From playlist Agile Software Development
Catalyzing Healthier Communities | Steve Luby
Human health is inextricably linked to the future of the planet. With the right incentives and partnerships in place, clever, affordable solutions can help both the planet and its people. Steve Luby is a professor of medicine and, by courtesy, health research and policy. He is also a sen
From playlist Accelerating Climate Solutions
Being polite isn't enough to win one friends. We also need to learn the art of being warm: this begins with having the right sort of relationship to our own weaknesses and foibles. If you like our films, take a look at our shop (we ship worldwide): https://goo.gl/xkKcWO Join our exclusi
From playlist RELATIONSHIPS
Payment Channels by Sushmita Ruj
DISCUSSION MEETING : FOUNDATIONAL ASPECTS OF BLOCKCHAIN TECHNOLOGY ORGANIZERS : Pandu Rangan Chandrasekaran DATE : 15 to 17 January 2020 VENUE : Madhava Lecture Hall, ICTS, Bangalore Blockchain technology is among one of the most influential disruptive technologies of the current decade.
From playlist Foundational Aspects of Blockchain Technology 2020
A Tour of Bitcoin, Blockchains, Attacks and More.. by Sushmita Ruj
DISCUSSION MEETING : FOUNDATIONAL ASPECTS OF BLOCKCHAIN TECHNOLOGY ORGANIZERS : Pandu Rangan Chandrasekaran DATE : 15 to 17 January 2020 VENUE : Madhava Lecture Hall, ICTS, Bangalore Blockchain technology is among one of the most influential disruptive technologies of the current decade.
From playlist Foundational Aspects of Blockchain Technology 2020
Lecture 16: Land Markets (Part 1)
MIT 14.771 Development Economics, Fall 2021 Instructor: Ben Olken View the complete course: https://ocw.mit.edu/courses/14-771-development-economics-fall-2021 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP61kvh3caDts2R6LmkYbmzaG Presents simple principal agent mode
From playlist MIT 14.771 Development Economics, Fall 2021
Lecture 20: Malleability and Inaccessibility of Preferences
MIT 14.13 Psychology and Economics, Spring 2020 Instructor: Prof. Frank Schilbach View the complete course: https://ocw.mit.edu/14-13S20 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63Z979ri_UXXk_1zrvrF77Q In this video, Prof. Schilbach finishes the topic of defaults
From playlist MIT 14.13 Psychology and Economics, Spring 2020
Classical liberalism #5: Can foreign intervention lead to peaceful solutions? | Abigail Blanco
Classical liberalism #5: Can foreign intervention manifest peaceful solutions? Watch the newest video from Big Think: https://bigth.ink/NewVideo Join Big Think Edge for exclusive videos: https://bigth.ink/Edge -----------------------------------------------------------------------------
From playlist Classical Liberalism | Big Think
Factors Affecting Enzyme Activity - pH, Temperature, Competitive and Noncompetitive Inhibition
This Biology video tutorial discusses the factors that affect enzyme activity such as pH, temperature, substrate concentration, and the presence of inhibitors and activators. This video briefly explains the difference between competitive inhibition and noncompetitive inhibition.' My Webs
From playlist Biology