Micro-Economics Models of Imperfect and Incomplete Information
Outline:
Click here to access notes
The notes are based on Lectures by Dr. Martin Pesendorfer, LSE
Some other sources to understand concepts:
1. For SPNE, Single deviation principle, Bargaining: Click here
- Monopoly
- Review
- Price Discrimination
- Third-degree discrimination, Schmalensee Model, First-degree discrimination, Second-degree discrimination
- Other ways
- Bundling or quantity discounts, Intertemporal - Lazear fashion goods model
- Oligopoly Theory,
- Static Oligopoly
- Cournot, Bertrand, Product Differentiation, Advertising and pricing, Buying drilling rights
- Multi-stage games
- Stackelberg, War of attrition
- Repeated games with a history
- Bertrand pricing game, Folk theorems, Sequential bargaining
- Search and Adverse Selection
- Fixed search, Sequential search, Diamonds model, Lemons problem
- Games with Incomplete Information and Auctions
- Bayesian Nash equilibrium
- Public goods provision
- Auctions
- Vickrey auction, First price sealed bid auction, Empirics of auctions, Market design, Winner's curse, Double auction
- Signalling, Moral Hazard and Insurance markets
Click here to access notes
The notes are based on Lectures by Dr. Martin Pesendorfer, LSE
Some other sources to understand concepts:
1. For SPNE, Single deviation principle, Bargaining: Click here
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