(AGT11E8) [Game Theory] Direct Mechanisms, Dominant Strategy IC, and Revelation Principle

In this episode I describe some key notions in mechanism design; such as direct mechanism, dominant strategy incentive compatibility, and revelation principle.
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.

[@arpitapaul6353]

You're a really great teacher sir. This is really helpful for understanding mechanism design for novices

[@manakid2646]

Thanks for your lecture! It is really helpful for me to understand the direct mechanisms.

[@beomkomap]

Hi sir, could you do a short video to explain what Incentive Compatibility means? Thanks.