Market Design

(3 Credits)

This course is designed to give students a deeper understanding of how markets function and to provide tools and guidelines for fixing markets when they fail. The course will cover two of the most active areas in Market Design: auctions and matching markets. The course will begin with a discussion of what a market is and how the specific details of how demand and supply interact can have a significant impact. The course will include a balance of theoretical analysis and real-world implementations of solution designed by economists.