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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in the economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Topics include consumer and producer theory, markets and
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Tag(s):
- economics
- microeconomic theory
- demand theory
- producer theory; partial equilibrium
- competitive markets
- general equilibrium
- externalities
- afriat's theorem
- pricing
- robust comparative statics
- utility theory
- properties of preferences
- choice as primitive
- revealed preference
- classical demand theory
- kuhn-tucker necessary conditions
- implication
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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This course is an advanced topics course on market and mechanism design. We will study existing or new market institutions, understand their properties, and think about whether they can be re-engineered or improved. Topics discussed include mechanism design, auction theory, one-sided matching in house allocation, two-sided matching, stochas
Author(s):
Tag(s):
- economics
- game theory
- mechanism design
- auction theory
- one-sided matching
- house allocation
- market problems
- two-sided matching
- stability
- many-to-one
- one-to-one
- small cores
- large markets
- stochastic matching mechanisms
- student assignment
- school choice
- resale markets
- dynamics
- simplicity
- robustness
- limited rationality
- message spaces
- sh
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