Incentive Engineering: Mechanism Design and Auctions

The Nobel answer to the agency problem: don't trust the agent — design the contract. Holmström, Hart, Milgrom, Maskin and the radio-spectrum auctions that proved you can engineer self-interest to do the principal's work.

Playlist by @agency_problem

12 tracks, shared on Audicious.

1. How Decision Making is Actually Science: Game Theory Explained — SciShow
2. The Auction Problem — Vsauce2
3. The Ideal Auction - Numberphile — Numberphile
4. How A Nobel Prize Winner Broke Auctions Forever — Weird Math
5. Game Theory and Oligopoly: Crash Course Economics #26 — CrashCourse
6. The 2020 Nobel Prize in Economics: Explained | Economics Explained — Economics Explained
7. Mechanism design theory - Eric Maskin — Serious Science
8. Lecture 11: Contracts and Mechanism Design — MIT OpenCourseWare
9. Bengt Holmström wins Nobel Prize in Economic Sciences (full press conference) — Massachusetts Institute of Technology (MIT)
10. Prize lecture: Oliver Hart, Laureate in Economic Sciences 2016 — Nobel Prize
11. Nobel Prize in Economics: What is contract theory? — FRANCE 24 English
12. Nash Equilibrium in 5 Minutes — Ashley Hodgson