Homework 1 and solutions.
Homework 2 and
solutions.
Final exam and solutions.
Math econ comp question.
Week 1 Sept 16th | Why Auctions? Auction Formats Signal Structures and Other Assumptions. IPV Auctions Order Statistics Vickrey's Revenue Equivalence | Krishna |
Week 2 Sept 23rd | Lattices, Supermodularity and Monotonicity General Symmetric Model. Correlation, Association and Affiliation. Bidding in the SPA and English Auction. Revenue Comparison. | Topkis Milgrom and Weber (1982) |
Week 3 Sept 30th | Bidding in FPA. Linkage Principle. Revelation Principle. Incentive Compatibility. | Milgrom and Weber (1982) Milgrom (1986) MWG |
Week 4 Oct 7th | Second degree price discrimination. Marginal Revenue. Optimal Auctions. | MWG Bulow and Roberts (1989) |
Week 5 Oct 14th | Optimal Auctions. Revenue Equivalence | Myerson (1981) |
Week 6 Oct 21st | Ironing Application: Affirmative Action Full Extraction: Private Values Full Extraction: Common Values | Myerson (1981) Chan and Eyster (2003) Cremer and McLean (1988) McAfee, McMillan and Reny (1992) |
Week 7 Oct 28th | Asymmetries: Private Values Asymmetries: Common Values Almost Common Values | Maskin and Riley (2000) Milgrom (1981) Klemperer (1998) |
Week 8 Nov 4th | Presentation: Moritz Nash Bargaining Rubinstein Bargaining | Kagel and Levin (1986) Obsorne and Rubinstein |
Week 9 Nov 11th | Endogenous Offers N-Person Bargaining Presentation: Mingxiao Bargaining with One--Sided Asymmetric Information | Perry and Reny (1993) Sutton (1986) Coase (1972) Bulow (1982) |
Week 10 Nov 18th | Presentation: Stella Presentation: Botao Presentation: Joel | Perry and Reny (1999) Board (2004) Grossman and Hart (1986) |
Week 11 Nov 25th | Large Common Value Auctions What information structure is reasonable? Presentation: Hongfei |
Milgrom (1981) Pesendorfer and Swinkels (1997) Kremer (2002) |
Week 12 Dec 2nd | Sequential Auctions Coase Conjecture: Finite Periods Coase Conjecture: Infinite Periods Other Equilibria |
Milgrom and Weber (1982b) Fudenberg, Levine and Tirole (1985) Sutton (1987) Ausubel and Deneckere (1989) |
Week 13 Dec 9th |
Signaling Games Bargaining and Signaling Optimal Mechanisms Partnerships |
Mailath (1987) Wilson and Kennan (1993) Myerson and Satterthwaite (1983) Crampton, Gibbons and Klemperer (1987) |
A few empirical/experimental papers one could present:
Date: December 12, 2004