- assignment 2 due October 17
- last year midterm with answers](https://montoya.econ.ubc.ca/Econ600/midterm_withanswers_2018.pdf)
- First assignment assignment1.pdf due October 4.
- The ta this year is tba
- My office hours send me an email to arrange a time.
- There is no official textbook for the course. Much of the material for the first bit can be found in Mas Colell, Whinston and Green, Microeconomic Theory. It is a good reference book, but we won't directly use it for class, and it isn't required. You might find the book Jehle and Reny Advanced Micro Theory useful. For the material on auctions and mechanism design the book Auction Theory,” by Vijay Krishna, Academic Press, 2002 is excellent.
- The course notes and readings are all listed below. They are revised often so check back here closer to class time for revised reading.
- Midterm will be in class date tba.
- There will be around 6 assignments. Details to come.
- Assignments 18% Midterm 32% Final Exam 50%
The course is designed to introduce you to some of the concepts and methods that are most useful for research in microeconomics related fields. There is little discussion of markets, which are already well explained in lower level courses. You are also expected to have basic understanding of game theory. If you are new to the field, you should come to see me. The course begins with a discussion of some classical decision theory, leading to a basic introduction to behavioral economics and experiments. This is followed by a discussion of static games of incomplete information, along with a discussion of their application to mechanism design and industrial organization. The final part of the course deals with the theory of large games with applications to matching and macro.
Course Details for Part 1
Here is some preliminary stuff that some students find helpful. If you have a modern undergrad education in economics, you shouldn't need this, except possibly for a brief review.
- Basic Preference Theory
- Expected Utility
- Behavioral and Experiments
- Higher Order beliefs
- Identifying Higher Order Rationality Terri Kneeland
- a brief note explaining the experiment
- a jupyter notebook covering the game.
- Loss Averion - The ultimatum game
- slides from the jupyter notebook
- Notes on the model
- Higher Order beliefs
- Mixed Equilibrium
- Bayesian Equilibrium
- My favourite video about higher order beliefs in matching pennies
- Gambit software to compute Nash Equilibrium
- Deferred Acceptance and Vizing
- Spectrum Auctions