ECON 448 dersinde Hocanın derste ödev olarak verdiği Study Sheetler üzerinden soruları çözüyor; gerekirse geçmiş yıl sınavlarının üzerinden geçiyoruz.  

 

 

Ders Tanıtımı:

The aim of this course is to analyze asymmetric information in markets and organizations. Selective topics from mechanism design, contract theory, principal-agent problems, global games and information aggregation will be covered.

 

Haftalık Konular: 

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1. Contract Theory, Mechanism Design, Assymmetric Information: The Preliminaries

2. Contracts: The Base Model - Symmetric Information

3. Contracts: Types of Asymmetric Information

4. Contracts: Moral Hazard Problem

5. Contracts: Adverse Selection Problem

6. Contracts: Signalling

7. Mechanism Design / Implementation: The preliminaries and the perspective

8. Auctions as Mechanisms for allocating objects

9. First Price and Second Price Auctions and Revenue Equivalence.

10. Mechanism Design in general: The preliminaries

11. Revelation Principle and Direct Mechanisms

12. The VCG Mechanism

13. Myerson- Satterthwaite Theorem: Impossibility of IR, IC, Efficiency and Budget Balance in a bilateral trade setting with asymmetric information

14. Group research project presentations