Uncertainty, imperfect information, and asymmetric information in the allocation of resources and the performance of markets. Applications to insurance and financial markets are emphasized. Prerequisite(s): ECON 3020 (or equivalent) with a grade of C- or higher and ECON 3210 (or equivalent) with a grade of C- or higher. Lectures three hours a week. [0.5 credits]
Uncertainty, imperfect information, and asymmetric information in the allocation of resources and the performance of markets. Applications to insurance and financial markets are emphasized. Prerequisite(s): ECON 3020 (or equivalent) with a grade of C- or higher and ECON 3210 (or equivalent) with a grade of C- or higher. Lectures three hours a week. [0.5 credits]
