On 06.06.2024 the UE takes place in room 21B.
Learning objectives: The students know the economic effects of asymmetric information. They know how an economy’s information structure affects market outcomes and the efficiency of other economic organizations. They know how to apply ideas and concepts underlying the economics of asymmetric information to concrete economic settings.
Topics: Incomplete quality information (Lemons problem), Labour markets with asymmetric information (signaling, efficiency wages, equilibrium unemployment), Insurance markets with asymmetric information (screening), Credit markets with asymmetric information, Principal-Agent Problems (Moral Hazard / Adverse Selection).
Recommended module or comparable previous knowledge: Mikroökonomie I und II + Spieltheorie.
StO/PO BA BWL und VWL 2016: 6 LP, Modul: "Economics of Asymmetric Information"
Written exam (90 min)
Die Veranstaltung wurde 5 mal im Vorlesungsverzeichnis SoSe 2024 gefunden: