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Latest / Deep End Era. Engineering with Sankalp

The Bid That Should Not Have Won: Game Theory and Mechanism Design

From von Neumann's minimax and Nash equilibrium to the prisoner's dilemma and Axelrod; Vickrey auctions, revenue equivalence and the winner's curse; incentive compatibility, the revelation principle and VCG; spectrum auctions from New Zealand to the FCC incentive and C-band auctions; Gale-Shapley matching and kidney exchange; public goods and climate clubs; merit order, pay-as-clear and nodal pricing; California 2000–01 and Winter Storm Uri; renewable and capacity auctions; behavioural game theory and algorithmic collusion. Cross-references: ep124 (optimisation and shadow prices), ep150…

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