Lecture 14.3: Information design -- Correlated equilibrium approach (Mechanism Design)
Channel: economification
Date: 2020-12-27

Lecture 14.3: Information design -- Correlated equilibrium approach.
This is the last lecture.
Mechanism Design course (Masters in Economics, UCPH, Fall 2020)

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Full course playlist: https://www.youtube.com/playlist?list=PL4pUs4P_j1WasI0kO99OgNNd_hJwpct4D
Course files (lecture notes, problem sets) available at: https://starkov.site/teaching.html

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Stock footage from Videezy.com
Thumbnail uses photo by ThisIsEngineering from Pexels.com

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00:00 Why another method?
03:21 Revelation principle B
08:10 Obedience constraint
13:19 Revelation principle
14:53 Tractability
17:56 Example
22:40 Conclusion