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• Economics of Uncertainty

Courses: Economics of Uncertainty (ECONH355A01)

Fall 2013

Using microeconomics we study theories of choice under uncertainty; risk aversion and applications to insurance and portfolio choice; equilibrium under uncertainty in asset markets; asymmetric information; applications to the design of incentives, contracts, contests, and auctions; common; understanding and coordination.

Prerequisites: ECON300, MATH114, (MATH121 is desirable), ECON203 (or equivalent)

Fulfills: SO

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