Universität Wien

040049 UK Information Economics (BA) (2014W)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

see my homepage:

sites.google.com/site/dggonzal/information-economics
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Friday 03.10. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 07.10. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 10.10. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 14.10. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 17.10. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 21.10. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 24.10. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 28.10. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 31.10. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 04.11. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 07.11. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 11.11. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 14.11. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 18.11. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 21.11. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 25.11. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 28.11. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 02.12. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 05.12. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 09.12. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 12.12. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 16.12. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 09.01. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 13.01. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 16.01. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 20.01. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 23.01. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 27.01. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 30.01. 13:15 - 14:45 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

1. Preferences under Uncertainty and Risk.
2. Risk-Allocation in Exchange Economies: Monopoly and Competition
3. Introduction to Bayesian Games.
4. Adverse Selection: Monopolistic Screening and Market Allocations.
5. Moral Hazard
6. Signalling Games

Assessment and permitted materials

Midterm: 40%
Final: 40%
Homework Asignments and Class Participation: 20%

Minimum requirements and assessment criteria

This Course offers a brief introduction to the main topics in Information Economics from the basic risk-allocation problems to more recent developments like moral hazard and adverse selection. The course is intended for students who have already successfully completed Mathematics, Linear Algebra, Statistics, Microeconomics for Economists and (preferably) Game Theory.

Examination topics

The course will mainly consist on Lectures and Exercise Classes (one every four Units).

Reading list

I. Macho-Stadler and D. Perez-Castrillo (1997): "An Introduction to the Economics of Information", Oxford University Press.
J. Hirshleifer and J. Riley (1992): "The Analytics of Uncertainty and Information", Cambridge University Press;
J.-J. Laffont (1989): "The Economics of Uncertainty and Information", MIT Press;
L. Phlips (1988): "The Economics of Imperfect Information", Cambridge University Press

Association in the course directory

Last modified: Mo 07.09.2020 15:28