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Advanced Contract Theory >> Content Detail



Lecture Notes



Lecture Notes

Lec #topics
Games with Incomplete Information
1Bayesian-Nash games (PDF)
Auctions and Mechanism Design
2Auctions 1: Common auctions, revenue equivalence, and optimal mechanisms (PDF)
3Auctions 2: Independent private values (IPV) and revenue equivalence (PDF)
4

Auctions 3: Interdependent values and linkage principle (PDF)

Auctions 4: Multiunit auctions and Cremer-McLean mechanism (PDF)

Static Models
5Simple models: Hidden information, Spence's model, and hidden action (PDF)
6Moral hazard: Multiple agents (PDF)
Dynamic Models
7Dynamic adverse selection: DG monopoly with fixed types (PDF)
8Dynamic moral hazard (PDF)
Surplus Division
9Surplus division, fair distribution, the Shapley value, and Nash bargaining solution (PDF)

 








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