311705 Klausur: Mechanism Design (Microeconomics 2b) am 08.10.10 (Kl) (SoSe 2010)
Contents, comment
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The content of the class is a part of game theory that is particularly
important and suitable for applications in economics ,social sciences
and beyond.This is the twin pair of " mechanism design" and " implementation theory".
The basic problem is: A planner ( "designer" ) has to invent game rules ( " mechanism" ) such that a large class of pupulations of potential players, desribed by their preferences on certain social outcomes, when playing an equilibrium according to these rules automatically realize ( "implement") some prespecified desired ( depending on this group´s preferences) social state.
This topic is equally important in economics (welfare;contracts) and in management science ( principal -agent- relations) and
economics of law ( incentives;punishment rules).
Requirements for participation, required level
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Formal requirement is a bachelor degree or some equivalent.
A solid basis in intermediate microeconomis and in bachelor level
mathematics is assumed. The class is taught in English.
This course follows in a natural way the course 311706 Noncooperative Game Theory / Microeconomics 2a
Bibliography
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OSBORNE,M.J. & A.RUBINSTEIN (1994):A Course in Game Theory
chapter 10MAS-COLELL,A.,WHINSTON,M.D.& GREEN,J.R.(1995): Microeconomic Theory,Chapter 23,Oxford University Press
BINMORE,K. & P.DASGUPTA (eds.) (1986):Economic Organizations as Games,Chapters 1,8,9
http://nobelprize.org/nobel_prizes/economics/laureates/2007/ecoadv07.pdf
HURWICZ,Leo (2007):But who will guard the guardians?
Prize Lecture 2007,Amer.Econ.Review,98:3,June 2008,577-585
External comments page
Teaching staff
- None found
Deadlines
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Registration via the electronic course catalogue (eKVV) by 10/1/10 / Deregistration via the electronic course catalogue (eKVV) by 10/1/10
Examinations ( Calendar view )
| Date | Time | Format / Room | Comment about examination |
|---|
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Subject assignments
| Degree programme/academic programme | Validity | Variant | Subdivision | Status | Semester | LP | |
|---|---|---|---|---|---|---|---|
| Betriebswirtschaftslehre / Diplom | (Enrollment until SoSe 2005) | HS | |||||
| Economic Behavior and Interaction Models / Promotion | |||||||
| Economics and Management (BiGSEM) / Promotion | |||||||
| QEM - Models and Methods of Quantitative Economics / Master | |||||||
| Volkswirtschaftslehre / Diplom | (Enrollment until SoSe 2005) | HS | |||||
| Wirtschaftsmathematik / Diplom | (Enrollment until SoSe 2005) | HS | |||||
| Wirtschaftsmathematik / Master | (Enrollment until SoSe 2011) | MW09fS; MW05S | |||||
| Wirtschaftswissenschaften / Master | (Enrollment until SoSe 2012) | Modul 7 | 4 | Themengebiet 7f |
- Registered number: 2
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- Notes:
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- Last update basic details/teaching staff:
- Friday, December 11, 2015
- Last update times:
- Tuesday, March 30, 2010
- Last update rooms:
- Monday, March 29, 2010
- Type(s) / SWS (hours per week per semester)
- written examination (Kl) / 2
- Department
- Faculty of Business Administration and Economics
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- ECTS points
- 4
- (Also refer to the credit information in connection with the subject assignments)
- ID
- 18362135