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Single discipline educational activity
Course Sheet Academic Year of enrolment:
Professor and Collaborators:
Hours of classroom activity:
Prerequisites:
Mathematics: Calculus.
Objectives Contents Game theory, Auction theory, Information, Contract theory.
Extended Syllabus Game Theory: simultaneous and sequential games under both complete and incomplete information.
Auction Theory: taxonomy of auctions, optimal behavior of bidders, revenue equivalence theorem; public procurement; digital auctions.
Contract Theory: adverse selection and moral hazard; (public) managerial incentives; optimal contract in the digital era.
Economics of crime: classic theory of crime, corruption, digital crime.
Recommended Bibliography R. Gibbons: "Game theory for applied economists", ISBN9781400835881.
Methods of Provision Teaching Methods Frontal lessons, recitations, exercises and problem sets.
Evaluation methods Verification of learning:
Knowledge and analytical skills: exam is written, consisting of two exercises and a short essay; the short essay is aimed at verifying the capability of students to tackle complex theoretical issues by means of proofs and economic intuitions.
Application of knowledge: exercises are aimed at testing students in terms of their capability of setting up and solving problems by providing plausible solutions to real cases.
Contacts/More Information Class is advanced, attendance is recommended.
