Loading...

Course Description

In this course we shall analyze different economic situations involving imperfect information. A brief introduction to game theory and market structure will be provided. The topics of the course will include: signaling and screening in the job market, adverse selection and the market for lemons (as applied in the market for used cars), the value of information in a strategic conflict, notions of individual rationality and incentive compatibility, sharecropping, interlinked contracts, and public goods (Groves-Clarke).

Requisites

Prerequisite: CECN 504

Relevant Programs

Loading...

Thank you for your interest in this course. Unfortunately, this course currently isn't available.

Please browse our courses for more options or check back later for updated scheduling.