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Course Info

  • Course Number / Code:
  • 14.124 (Spring 2003) 
  • Course Title:
  • Microeconomic Theory IV 
  • Course Level:
  • Graduate 
  • Offered by :
  • Massachusetts Institute of Technology (MIT)
    Massachusetts, United States  
  • Department:
  • Economics 
  • Course Instructor(s):
  • Prof. Bengt Holmstrom 
  • Course Introduction:
  •  


  • 14.124 Microeconomic Theory IV



    Spring 2003




    Course Highlights


    This course features a complete set of assignments.


    Course Description


    The topic of the class is information economics. The purpose is to give an introduction to some of the main subjects in this field: risk sharing, moral hazard, adverse selection (signaling, screening), mechanism design, decision making under uncertainty. These subjects (and others) will be treated in more depth in the advanced theory courses on Contract Theory.

    *Some translations represent previous versions of courses.

     

ACKNOWLEDGEMENT:
This course content is a redistribution of MIT Open Courses. Access to the course materials is free to all users.






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