ECON 4907

ECON 4907

Course information provided by the Courses of Study 2017-2018.

This course provides an introduction to the economics of asymmetric information, contracts and mechanism design. Topics covered include: bilateral contracting problems with moral hazard and/or adverse selection, bargaining with asymmetric information, the design of optimal auctions and other multilateral mechanisms, signaling and incomplete contacts. Prerequisites include intermediate microeconomics and statistics. The student is expected to be comfortable with basic probability (random variables, expectation, independence, and conditional probability) and calculus.

When Offered Fall.

Permission Note Enrollment preference given to: juniors and seniors.
Prerequisites/Corequisites Prerequisite: ECON 3030 and ECON 3130.

View Enrollment Information

Syllabi:
  •   Regular Academic Session. 

  • 4 Credits Stdnt Opt

  • 10062 ECON 4907   LEC 001