Tepper School of Business

 

 

45-871 Trade and Investment Strategy

 

                                                                                                                                     

                                                                                                                                     Professor Robert A. Miller  ramiller@cmu.edu  

 

                                                                                                                                     Teaching Assistant

Pei Xue  pxue@andrew.cmu.edu

 

SYLLABUS

0.1            Instructions for Installing/Uninstalling ComLabGames for Windows

0.2            Instructions for Installing ComLabGames for macOS

0.3            Instructions for running ComLabGames from home

 

A.    AUCTIONS AND PROCUREMENT

 

 

Wednesday October 22

1. Texas CD Auctions

 

Monday October 27

2. Strategic Equivalence

           

Wednesday October 29

3. Revenue Equivalence

 

Sunday November 2

Assignment 1 is due (15 points)

 

Monday November 3

4. Procurement Contracts

           

Supplementary material and games used in this portion of the course         

 

B.  LIMIT ORDER MARKETS

 

 

Wednesday November 5

5. How Limit Order Markets Work

 

Sunday November 9

Assignment 2 is due (15 points)

 

Monday November 10

6. Market Dynamics and Efficiency

           

Wednesday November 12

7. Trading on LOM Platforms

 

Sunday November 16

Assignment 3 is due (15 points)

 

 

Supplementary material and games used in this portion of the course           

 

C.    PRICING

 

Monday November 17

8. Arbitrage Pricing

 

 

Wednesday November 19

9. Price Discovery

 

Sunday November 23

Assignment 4 is due (15 points)

 

Monday November 24

10.  European Emmissions Markets

 

Supplementary material and games used in this portion of the course   

 

D.    WRAPPING UP       

 

Monday December 1

11. Games for Grades (remote)

 

Wednesday December 3

12. Review (remote)

 

Sunday December 14

Take-home examination is due (20 points)