Information Economics & Corporate Finance Theory

3 units

This is a rigorous seminar in individual and corporate economic behavior under conditions of asymmetric information, with application to corporate finance, financial intermediation and accounting. Its purpose is to cover many of the landmark modern developments in information economics as well as some “applications-oriented” papers. The principal objectives are: (i) inform students about the major advances made in the areas mentioned above and (ii) equip them with the analytical tools needed to do theoretical research in the area, including applications in financial economics.