Applied Market Design
ECON 229
Spring 2022
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01
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In 2012, the Nobel Memorial Prize in Economics Sciences was awarded to Alvin Roth and Lloyd Shapley for their theoretical and practical work on the design of matching markets. In 2020, the Nobel Prize in Economics was awarded to Paul Milgrom and Robert Wilson for their theoretical and practical work on auctions. This course provides an introduction to the field of market design, focusing on the functioning of specific markets and market mechanisms. Applications include but are not limited to: auctions, kidney exchange, medical match, school choice, course allocation, and trading on the stock market. |
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| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture / Discussion | Grading Mode: Graded |
| Level: UGRD |
Prerequisites: ECON110 |
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Fulfills a Major Requirement for: (ECON-MN)(ECON) |
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Past Enrollment Probability: 75% - 89% |
| SECTION 01 |
Major Readings: Wesleyan RJ Julia Bookstore
Haeringer, Guillaume, MARKET DESIGN: AUCTIONS AND MATCHING, MIT Press;
Roth, Alvin "WHO GETS WHAT - AND WHY?" by A. Roth; assigned articles in Moodle
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Examinations and Assignments:
Problem sets, midterms, group project and final exam |
Additional Requirements and/or Comments:
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| Instructor(s): Vasquez,Jorge A Times: .M.W... 01:20PM-02:40PM; Location: SCIE150; |
| Total Enrollment Limit: 30 | | SR major: 5 | JR major: 5 | | |
| Seats Available: 4 | GRAD: X | SR non-major: 5 | JR non-major: 5 | SO: 10 | FR: 0 |
| Drop/Add Enrollment Requests | | | | | |
| Total Submitted Requests: 0 | 1st Ranked: 0 | 2nd Ranked: 0 | 3rd Ranked: 0 | 4th Ranked: 0 | Unranked: 0 |
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