Syllabus
Course Material on Market Design
Useful URL's
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This is a course on the design of organized markets,
such as auctions and related matching and trading processes. The focus is on efficient
organization and incentives via procedural and settlement rules, and relevant aspects of
political economy. Portions are devoted to privatization and allocation of public
resources, deregulation and restructuring of industrial infrastructure, and
rationalization of industrial capacity and pricing - each examined theoretically and via a
recent implementation. In this half-quarter course, some topics are selected based on
student interests. Skills in economic analysis and rudimentary game theory are essential. |
