The Mechanism Design And How It Works | Varun Kharbanda | #SangamTalks
66The relationship between economics and mechanism design is complex and important. Mechanism design can be beneficial or manipulative, and it's essential to recognize and empower Hindu power structures. Understanding mechanism design is crucial in a world where misinformation can impact Hindu symbolism, prosperity, and even consumer behaviour. It's important to promote phonetically correct languages over English, advocate for native Indian languages, and reduce reliance on English. Additionally, individual impact matters more than corporate success, and expressing gratitude is crucial. Recognizing and prioritizing naturopathy and meritocracy, while exposing and eliminating agents, neutralising attempts of sabotages, can weaken the enemy's forces. Overall, being cautious of misinformation, understanding power structures, and expressing gratitude are essential in navigating the impacts of mechanism design on society.
About The Speaker:
Dr. Varun Kharbanda is an expert in Quantitative Economics and an alumnus of the Indian Statistical Institute. He is currently, working in the banking Industry under the risk management domain.
Topics Covered:
0:00:00 Basics of Economics
0:01:03 Game Theory: Components of Mechanism Design
0:04:31 Understanding Mechanism Design from The Standpoint of History
0:08:00 Application of Mechanism Design
0:10:16 Control Over Narratives: Impact in India
0:20:28 Effect of Losing Traditional Knowledge Bank
0:32:55 Macaulayism And Decolonisation
0:45:31 How Do Fake News Impact Us
0:50:45 Subversion Using Jokes
0:54:21 Fake News That Has Global Impact
0:58:26 Summary of Learnings on Mechanism Design: Some Realities We Ignore
1:06:44 Lies of Abrahamic Religions
1:17:09 Control by The Big Tech
1:18:58 How to Ensure That We Win Over the Opponent?
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