14.124 Microeconomic Theory IV, Spring 2003

Author(s)
Holmstrom, Bengt
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Alternative title
Microeconomic Theory IV
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Abstract
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.
Date issued
2003-06
URI
http://hdl.handle.net/1721.1/111631
Department
Massachusetts Institute of Technology. Department of Economics
Other identifiers
14.124-Spring2003
Other identifiers
14.124
IMSCP-MD5-067477270b245800e8db4a6d48024168
Keywords
information, economics, microeconomic theory, money, risk sharing, moral hazard, adverse selection, signaling, screening, mechanism design, decision making, uncertainty, Decision-making, information economics, incentive theory, contract theory, choice, choices, microeconomic analysis, risk
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