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        <itunes:subtitle>Stay up to date with all the things that are happening at IT University of Copenhagen. This podcast will serve you various videos and audios with accounts from scientists and actual students at IT University, and give you a glimpse into their...</itunes:subtitle>
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            <title>Tim Roughgarden: The Price of Anarchy</title>
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            <description>&lt;p&gt;Tim Roughgarden is professor in the Computer Science and Management Science and Engineering Departments at Stanford University. He is also a very active science communicator, hosting a popular algorithms course on the Coursera online learning&amp;nbsp;platform.&amp;nbsp;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;Among many recognitions,&amp;nbsp;Tim has received the&amp;nbsp;Gödel Prize for his&amp;nbsp;research in computational game theory, a field that resides&amp;nbsp;in the&amp;nbsp;intersection of two disciplines:&amp;nbsp;economics and computer science. We talk to Tim about one of the central insights of that work: the Prize of Anarchy, which quantifies the loss in efficiency of a system due to selfish behaviour of its agents.&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;We also look at applications of game-theoretic algorithms in the real world, when Tim explains the role that computer science played in designing&amp;nbsp;the 2016&amp;nbsp;“incentive auction” used to by the US Federal Communications Commission (FCC) to&amp;nbsp;buy and sell broadcast airwaves.&amp;nbsp;&lt;/div&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://video.itu.dk/photo/35530356/tim-roughgarden-the-price-of-anarchy"&gt;&lt;img src="http://video.itu.dk/27288169/35530356/902b3874c4db9cf34a1ca3dcc2c2e8a7/standard/download-11-thumbnail.jpg" width="600" height="338"/&gt;&lt;/a&gt;&lt;/p&gt;</description>
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            <pubDate>Mon, 17 Sep 2018 09:42:29 GMT</pubDate>
            <media:title>Tim Roughgarden: The Price of Anarchy</media:title>
            <itunes:summary>Tim Roughgarden is professor in the Computer Science and Management Science and Engineering Departments at Stanford University. He is also a very active science communicator, hosting a popular algorithms course on the Coursera online learningplatform.Among many recognitions,Tim has received theGödel Prize for hisresearch in computational game theory, a field that residesin theintersection of two disciplines:economics and computer science. We talk to Tim about one of the central insights of that work: the Prize of Anarchy, which quantifies the loss in efficiency of a system due to selfish behaviour of its agents.We also look at applications of game-theoretic algorithms in the real world, when Tim explains the role that computer science played in designingthe 2016“incentive auction” used to by the US Federal Communications Commission (FCC) tobuy and sell broadcast airwaves.</itunes:summary>
            <itunes:subtitle>Tim Roughgarden is professor in the Computer Science and Management Science and Engineering Departments at Stanford University. He is also a very active science communicator, hosting a popular algorithms course on the Coursera online...</itunes:subtitle>
            <itunes:author>IT University of Copenhagen</itunes:author>
            <itunes:duration>01:21:57</itunes:duration>
            <media:description type="html">&lt;p&gt;Tim Roughgarden is professor in the Computer Science and Management Science and Engineering Departments at Stanford University. He is also a very active science communicator, hosting a popular algorithms course on the Coursera online learning&amp;nbsp;platform.&amp;nbsp;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;Among many recognitions,&amp;nbsp;Tim has received the&amp;nbsp;Gödel Prize for his&amp;nbsp;research in computational game theory, a field that resides&amp;nbsp;in the&amp;nbsp;intersection of two disciplines:&amp;nbsp;economics and computer science. We talk to Tim about one of the central insights of that work: the Prize of Anarchy, which quantifies the loss in efficiency of a system due to selfish behaviour of its agents.&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;We also look at applications of game-theoretic algorithms in the real world, when Tim explains the role that computer science played in designing&amp;nbsp;the 2016&amp;nbsp;“incentive auction” used to by the US Federal Communications Commission (FCC) to&amp;nbsp;buy and sell broadcast airwaves.&amp;nbsp;&lt;/div&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="http://video.itu.dk/photo/35530356/tim-roughgarden-the-price-of-anarchy"&gt;&lt;img src="http://video.itu.dk/27288169/35530356/902b3874c4db9cf34a1ca3dcc2c2e8a7/standard/download-11-thumbnail.jpg" width="600" height="338"/&gt;&lt;/a&gt;&lt;/p&gt;</media:description>
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            <category>algorithms in the real world</category>
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            <category>economics</category>
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            <category>prize of anarchy</category>
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