Lecture

Market Mechanisms: Crowdfunding, Prediction Markets, Quadratic Voting

Description

This lecture covers market-based mechanisms such as crowdfunding, where platforms like Kickstarter and GoFundMe democratize funding by involving ordinary people through small donations. It also explores prediction markets, which aggregate information to make predictions, and quadratic voting, a collective decision-making process where participants allocate 'coins' to express their preferences.

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