This course provides an overview on the theory of economic design. It covers the optimal bidding in a given auction format and the optimal de-sign of auctions from the auc-tioneer’s perspective. Moreover, it deals with allocation problems with-out money.
Topics to be covered include: Optimal bidding in standard auctions; the revenue-equivalence theorem; optimal auctions and mechanism design; interdependent values; matching mechanisms.
Recommended module or comparable previous knowledge: “Introduction to Advanced Microeconomic Analysis” or another course dealing with game theory with asymmetric information.
StO/PO MA 2016: 6 LP, Modul: "Market Design"
StO/PO MEMS 2016: 6 LP, Modul: "Market Design", Major: Microeconomics
Written exam (90 min)
Die Veranstaltung wurde 6 mal im Vorlesungsverzeichnis SoSe 2024 gefunden: