2025 Spring ECON 206 001 LEC 001

Spring 2025

ECON 206 001 - LEC 001

Formerly 209B

Mechanism Design and Agency Theory

Quitze Valenzuela-Stookey

Jan 21, 2025 - May 09, 2025
Th
01:00 pm - 02:59 pm
Class #:26657
Units: 3

Instruction Mode: In-Person Instruction

Offered through Economics

Current Enrollment

Total Open Seats: 6
Enrolled: 9
Waitlisted: 0
Capacity: 15
Waitlist Max: 5
No Reserved Seats

Hours & Workload

7 hours of outside work hours per week, and 2 hours of instructor presentation of course materials per week.

Other classes by Quitze Valenzuela-Stookey

Course Catalog Description

This course will study the optimal design of mechanisms in the presence of incomplete information and imperfect observability. The course will begin with the "classic" principal-agent problem and will then develop its applications to the "implicit contracts" theory of agency and to the choice of government policies for regulated industries. The second half of the course will treat the design of auctions, regulation with costly or imperfect monitoring, mechanism design with limited contracts.

Rules & Requirements

Repeat Rules

Course is not repeatable for credit.

Reserved Seats

Current Enrollment

No Reserved Seats

Textbooks & Materials

See class syllabus or https://calstudentstore.berkeley.edu/textbooks for the most current information.

Textbook Lookup

Guide to Open, Free, & Affordable Course Materials

eTextbooks

Associated Sections

None