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Econ 223: week 8 (After earthquake)
In process of being updated for 2011
Lecture 15 : Monday Sept 27 2010 Asymmetric Information in Games
- Topic: asymmetric information ; risk attitudes (payoffs under uncertainty in game theory)
- handout | video on UC server | strategic econ videos on uctv
- SURVEY and 10 questions on inference tasks
- read: Dixit and Skeath ch 9; Kreps ch 18
- read- for interest,extension : Appendix D on Asymmetric information and Market signalling from David Kreps and James Baron Strategic Human Resources: Frameworks for General Managers, Wiley 1999
Lecture 16 : Tuesday Sept 28 2010 Asymmetric Information in Games
- Topic: the venture capitalist game, introduce PBE concept (concept only), adverse selection, lemons market, signalling (warranties) and screening (uni degrees)
- handout | video on UC server | strategic econ video on uctv
- read: Dixit and Skeath ch 10 and begin 11;Watson on finitely repeated games; kreps on reputations ch 23
News
- UC students please use UC learn/Moodle for up to date information on Econ 223 in 2011; this site is for external user access
- midterm test Monday Apr 4 12-1:50, week 7; in class
- final test Monday May 30 12-1:50, week 12 ; in class
- want to earn $$$ participating in Experiments? click here
