EC 135 - Economics of Uncertainty and Information
This course provides a basic introduction to decision making under uncertainty. The course is divided into two parts: Economics of Uncertainty and Economics of Information. In the first part we will talk about expected utility theory, risk attitudes and insurance markets. In the second part we will focus on the economic analysis of production and exchange under conditions of asymmetric information.
Class time: Tuesday and Thursday, 9:00-10:15 a.m., 128 Baxter