ECON 4907
Last Updated
- Schedule of Classes - September 10, 2024 10:17AM EDT
- Course Catalog - September 10, 2024 9:48AM EDT
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ECON 4907
Course Description
Course information provided by the Courses of Study 2024-2025. Courses of Study 2024-2025 is scheduled to publish mid-June.
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, or equivalents.
Distribution Category (SSC-AS) (SBA-AG)
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