Return to Curriculum Webpage

Description:	The course is designed to give rigorous analysis of some basic propositions in microeconomic. The primary goal is game theory and asymmetric information and their applications in finance.
Topics:	Basic Elements of Noncooperative Game Theory Simultaneous-Move Games: Backwards induction, Dominance Dynamic Games Asymmetric Information: Signalling games, Adverse selection. The Principal-Agent Problem: Moral Hazard, Risk sharing, Transaction costs.
Teaching:	42 hours during third semester