Universität Wien

040202 KU Market Design: Theory and Applications (MA) (2025S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

service email address: opim.bda@univie.ac.at
Moodle
Tu 29.04. 13:15-14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock

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

  • Tuesday 04.03. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 11.03. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 18.03. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 25.03. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 01.04. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 08.04. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 06.05. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 13.05. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 20.05. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 27.05. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 03.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 10.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 17.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 24.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

This course is part of the module "Organization and Personnel II." The course introduces students to the world of Market Design, for which 4 Noble Prizes were given (2020, 2012, 2007, 1996). The course will consist of the theoretical part where we will analytically discuss the models and the applications part where we will see how the how theory is translated into practical solutions to real-world problems. In particular, we will discuss how results from auction theory, matching theory, mechanism design lead us to the use of spectrum auctions, internet ad auctions, kidney exchange programs, school assignment, and course allocation.

Attendance:
Given the limited number of available places, it is strongly recommended to attend the first introductory meeting, otherwise vacant places will be fulfilled.

Other information:
Other relevant information regarding the detailed structure of the course, office hours, suggested readings will be provided in class.

Assessment and permitted materials

The assessment will be based on two written exams: Midterm and Final.
The grade will be given based on the total score which is a sum of the scores for the Midterm and the Final.
The students can use one handwritten double-sided A4 sheet with notes and a calculator during both exams.
The attendance is obligatory. However, a reasonable number of missing classes is allowed.

Minimum requirements and assessment criteria

The grade should be based on the following scale:
1: 80%-100%
2: 70%-79%
3: 60-69%
4: 50-59%
5: 0-49%

Examination topics

Both exams will be based on material studied at class. The Midterm covers material up to the Midterm date. The Final exam covers material after Midterm date.

Reading list

In general, slides should be enough. Additional readings:
1) Haeringer, Guillaume. Market design: auctions and matching. MIT Press, 2018.
2) Vulkan, Nir, Alvin E. Roth, and Zvika Neeman. The handbook of market design. OUP Oxford, 2013.

Association in the course directory

Last modified: Tu 04.03.2025 00:01