Theory of Market Design

How can we use economic theory to better design economic markets? This course studies various theoretical models that help understand important design features in many real-world markets. Topics include market entry, pricing, search, auctions, matching, reputation, and peer-to-peer platform design. We will develop theoretical “case studies” of several real-world markets (egs. eBay, Airbnb, Google advertising, Uber, Tinder, TaskRabbit). Prerequisites: ECON 1110 or ECON 1130 . While ECON 1870 is not a prerequisite, you may benefit from familiarity with this course material.