ECN*394*10 Description

SpTp:Behavioral & Exp. Econom

In this course we use concepts from statistics and game theory to study the role of information for economic interaction. We discuss the importance of information for decision making. We see how markets can aggregate information. We examine what happens if market participants have imperfect information. We apply our insights to areas such as health economics, contracts, executive compensation, advertising, reputation, asset pricing (stock market), and corporate finance. Prerequisite(s): ECN 111 or ECN 112