Economics
ECON 4681: Information Economics and Game Theory
Lecture - 4 credits
ND
EI
IC
FQ
SI
AD
DD
ER
WF
WD
WI
EX
CE
- Offers an advanced course on the economics of information, including moral hazard and adverse selection; game theory; and mechanism design.
- Formally considers alternative solution concepts, such as Nash equilibrium and rationalizability for simultaneous move and sequential move games under complete information about payoffs and preferences, as well as solution concepts, such as Bayesian-Nash equilibrium to analyze selection, screening, and incentives in games of incomplete or asymmetric information.
- Covers optimal incentives or mechanism design, including the optimal design of contracts, auctions, and other mechanisms.
- Prior exposure to game theory recommended.
Offers an advanced course on the economics of information, including moral hazard and adverse selection; game theory; and mechanism design. Show more.