This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 6. Games with Incomplete Information (2-3 Lectures): Mixed and behavioral strategies. Bayesian Nash equilibrium. Applications in auctions. Dierent auction formats. Revenue and eciency properties of dierent auctions. 7. Mechanism Design (3-4 Lectures): Optimal auctions; revenue-equivalence theorem. Social choice viewpoint. Impossibility results. Revelation principle. In-centive compatibility. VCG mechanisms. Mechanisms in networking, decentralized mechanisms. 8. Network Eects and Games over Networks (2-3 Lectures): Positive and negative externalities. Utility-based resource allocation. Selsh routing. Wardrop and Nash equilibrium. Partially optimal routing. Network pricing. Competition and implications on network performance. Strategic network formation. Price of anarchy. 1...
View Full Document
This note was uploaded on 05/08/2010 for the course CS 6.254 taught by Professor Asuozdaglar during the Spring '10 term at MIT.
- Spring '10