Lecture 2.1: What is a mechanism? (Mechanism Design)

Lecture 2.1: What is a mechanism?Mechanism Design course (Masters in Economics, UCPH, Fall 2020)***The video is quite blurry until 22:45, not much can be done about that.Lecture 1 encountered some technical difficulties and was not recorded properly, so it will not be uploaded to youtube. It mostly discussed logistics and did a preview of the course, so the loss is not substantial to the youtube experience.***Full course playlist: https://www.youtube.com/playlist?list=PL4pUs4P_j1WasI0kO99OgNNd_hJwpct4DCourse files (lecture notes, problem sets) available at: https://starkov.site/teaching.html***Stock footage from Videezy.comThumbnail uses photo by ThisIsEngineering from Pexels.com