Universität Wien
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040249 UK Contract Theory (MA) (2023S)

Track in Competition and Regulation

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

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

MI 01.03.2023 15.00-16.30 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
DO 02.03.2023 13.15-14.45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
MI 08.03.2023 15.00-16.30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
DO 09.03.2023 13.15-14.45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
MI 15.03.2023 15.00-16.30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
DO 16.03.2023 13.15-14.45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
MI 22.03.2023 15.00-16.30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
DO 23.03.2023 13.15-14.45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
MI 29.03.2023 15.00-16.30 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
DO 30.03.2023 13.15-14.45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
MI 19.04.2023 15.00-16.30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
DO 20.04.2023 13.15-14.45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
MI 26.04.2023 15.00-16.30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
DO 27.04.2023 13.15-14.45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
MI 03.05.2023 15.00-16.30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock

  • Wednesday 01.03. 15:00 - 16:30 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 02.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 08.03. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 09.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 15.03. 15:00 - 16:25 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 16.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 22.03. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 23.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 29.03. 15:00 - 16:30 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 30.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 19.04. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 20.04. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 26.04. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 27.04. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 03.05. 13:15 - 14:45 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 03.05. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

The course will cover the most common topics in the economics of information and contract theory:
1) Adverse selection and the market for lemons
2) Signalling models
3) Competitive screening
4) Monopolistic screening
5) Hidden action and moral hazard

Some special attention will be devoted to applications in financial economics.

Assessment and permitted materials

The final grade is based on the grades for the final exam (50%), class participation (10%), and a midterm (40%). This is subject to changes communicated during the lecture.

Minimum requirements and assessment criteria

Passing grade is 50%.

Examination topics

The midterm covers all the material covered up until that point. The final covers all of the material covered in class. Points will be deducted from the participation grade for absences or phone or computer use that is not directly related to the class.

Reading list

Mas Colell, Whinston and Green, Microeconomic Theory, chapters 13 and 14, as well as various handouts and journal articles.

Some supplementary material might be used from Robbert Gibbons: A Primer in Game Theory, and Bolton and Dewatripont: Contract Theory

Association in the course directory

Last modified: Mo 08.05.2023 15:27