ࡱ> GIF *bjbj ''&l"ddd84"w-.(:-A ,,,,,,,$/ 1X-MMM-1-M,M,!,h, A"Bd;jj,,G-0w-z,|22,""COURSE SYLLABUS (1st Half) Fall, 2004 Course: ECON 631-600: Microeconomic Theory II 1st Half Instructor: Guoqiang Tian Professor of Economics Phone: 845-7393 E-mail: gtian@tamu.edu http://econweb.tamu.edu/tian Lectures: MW 11:55 am 1:10 pm ALLN 3067 Office Hours: MW 3:30-4:45 pm or by appointment ALLN 3090 Text: The course will be mainly based on my lecture notes and will use two textbooks and a number of other readings. The textbooks are J. Laffont and D. Martimort, The Theory of Incentives, and A. MasColell, M. D. Whinston, and J. Green, Microeconomic Theory. The lecture notes can be obtained downloading from my website. Grade for 1st Half : You will be evaluated on the basis of a series of homework problems and one midterm. Homework will be handed out periodically. Your grade will be calculated using the method list below. Homework: 20% Exam : 80% Course Objectives: The first half of the course covers topics in information economics and mechanism design. The purpose of the course is to introduce some advanced theories and analytical tools and the types of questions that are used and answered in each area. The topics covered in this course are important since they are either basic analytical tools that are used in many fields of economics or basic economic theories that will be needed in your future study and research. ADA Policy Statement: The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Department of Student Life, Services for Students with Disabilities, in Cain Hall or call 845-1637. Academic Integrity Statements: An Aggie does not lie, cheat, or steal or tolerate those who do. Prerequisites: ECON 629 and ECON 630 Tentative Topics Outline: The first half of the lecture is covers topics in Information, Incentives, and Mechanism Design: Principalagent model, hidden action, moral hazard, adverse selection, signaling, contract theory, incentives and information of an economic system, economic mechanism design, implementation in Nash equilibrium and in Bayesian equilibrium, truth telling and dominant mechanism, the pivot mechanism, optimal dominant mechanisms, and the revelation principle. Readings: Chapters 1-5 of Laffont and Martimort, Chapters 13-14 and Chapter 23 of MasColell, Whinston, and Green, and Chapters 12-14 of my lecture notes. G. Akerlof, The Market for Lemons: Quality Uncertainty and the Market Mechanism, Quarterly Journal of Economics, 89 (1976), 400500. L. C. Corchon, The Theory of Implementation of Socially Optimal Decisions in Economics, St. Martins Press, 1996. S. Grossman and O. Hart, An Analysis of the PrincipalAgent, Econometrica, 51 (1983), 745. M. Jackson, A Crash Course in Implementation Theory, Social Choice and Welfare 18 (2001), 655-708. M. Jackson, Mechanism Theory, Caltech, 2001, website:  HYPERLINK "http://www.hss.caltech.edu/~jacksonm/mechtheo.pdf" http://www.hss.caltech.edu/~jacksonm/mechtheo.pdf J. J. Laffont, The New Economics of Regulation Ten Years After, Econometrica 62 (1994), 507538. Thomas R. Palfrey, Implementation Theory, in Handbook of Game Theory, Vol. III (Robert Aumann and Sergiu Hart eds.), website:  HYPERLINK "http://www.hss.caltech.edu/%7Etrp/implement.pdf" http://www.hss.caltech.edu/%7Etrp/implement.pdf E. Wolfstetter, Topics in Microeconomics - Industrial Organization, Auctions, and Incentives, Cambridge Press, 1999, Chapters 8-10. &()0]_gr%2efjk +Xl * + , ļˮĥ~wp OJQJaJ OJQJ^J0J?6OJQJ]^JaJOJQJ^JaJOJQJ56OJQJ\]CJOJQJaJ56CJH*OJQJ\]CJH*OJQJ CJOJQJ56CJOJQJ\]6CJOJQJ]56CJ OJQJ\]aJCJ H*OJQJ CJ OJQJ,'()fg$%+$ ;h8p @ xHP^`a$#$ ;h8p @ xHPa$#$ ;h8p @ xHPa$9&)%VefW+$ ;h8p @ xHP^`a$+$ ;h8p @ xHPp^p`a$+$ ;h8p @ xHP^`a$#$ ;h8p @ xHPa$  WMM >@ ^@ `+$ ;h8p @ xHPp^p`a$#$ ;h8p @ xHPa$+$ ;h8p @ xHP^`a$+$ ;h8p @ xHPp^p`a$ + , - R S T n o 67'$ ;h8p @ xHP8^8a$#$ ;h8p @ xHPa$ ' ;h8p @ xHP > ^` , - : ; S n 6*HnDE./lmn&')*CJOJQJaJj>CJOJQJU0J:CJOJQJjCJOJQJUjCJOJQJUCJOJPJQJ56CJOJQJ\]aJ6CJOJQJ]56CJOJQJ\] CJOJQJ$7^_[[&$ 8hp @ xHP^a$%$ & F 8hp @ xHPa$+$ ;h8p @ xHPh^h`a$+$ ;h8p @ xHP8^8`a$01FG&'()*$a$"$ 8hp @ xHPa$&$ 8hp @ xHP^a$'$ & F ;h8p @ xHPa$%hhhhhhhhh........()()() 0P/ =!"#$%p8$>DyK 2http://www.hss.caltech.edu/~jacksonm/mechtheo.pdfyK dhttp://www.hss.caltech.edu/~jacksonm/mechtheo.pdf5DyK 0http://www.hss.caltech.edu/%7Etrp/implement.pdfyK `http://www.hss.caltech.edu/%7Etrp/implement.pdf@ iD@D Normal1$7$8$H$OJQJ_HmH sH tH <A@< Default Paragraph FontrOr 1AutoList2,$ 01$7$8$H$^`0a$ CJOJQJ_HaJmH sH tH bOb 2AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bOb 3AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bO"b 4AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bO2b 5AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bOBb 6AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bORb 7AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bObb 8AutoList2$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH rOrr 1Right Par,$ `1$7$8$H$^``a$ CJOJQJ_HaJmH sH tH vOv 2Right Par/$ 1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH xOx 3Right Par2$ pp1$7$8$H$^p`a$ CJOJQJ_HaJmH sH tH |O| 4Right Par5$ p@ @ P1$7$8$H$^@ `Pa$ CJOJQJ_HaJmH sH tH ~O~ 5Right Par8$ p@ 1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH O 6Right Par;$ p@ 1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH O 7Right Par>$ p@ p1$7$8$H$^`pa$ CJOJQJ_HaJmH sH tH O 8Right ParA$ p@ 1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH rOr 1AutoList1,$ 01$7$8$H$^`0a$ CJOJQJ_HaJmH sH tH bOb 2AutoList1 $`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bOb 3AutoList1!$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bO"b 4AutoList1"$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bO2b 5AutoList1#$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bOBb 6AutoList1$$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bORb 7AutoList1%$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH bObb 8AutoList1&$`1$7$8$H$^`a$ CJOJQJ_HaJmH sH tH ZOrZ 1Technical'$1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 2Technical($1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 3Technical)$1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 4Technical*$1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 5Technical+$1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 6Technical,$1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 7Technical-$1$7$8$H$a$ CJOJQJ_HaJmH sH tH ZOZ 8Technical.$1$7$8$H$a$ CJOJQJ_HaJmH sH tH \O\ 1Document/$$1$7$8$H$a$ CJOJQJ_HaJmH sH tH XOX 2Document0$1$7$8$H$a$ CJOJQJ_HaJmH sH tH XOX 3Document1$1$7$8$H$a$ CJOJQJ_HaJmH sH tH RO"R 4Document21$7$8$H$ CJOJQJ_HaJmH sH tH `O2` 5Document3$1$7$8$H$^a$ CJOJQJ_HaJmH sH tH hOBh 6Document$4$1$7$8$H$]^a$ CJOJQJ_HaJmH sH tH `OR` 7Document5$1$7$8$H$^a$ CJOJQJ_HaJmH sH tH hObh 8Document$6$1$7$8$H$]^a$ CJOJQJ_HaJmH sH tH  Oq Doc Init&O& Bibliogrphy~>@~ TitleF9$ ;h8p @ xHPa$56CJOJQJ\]aJ.U@. 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