Tepper School of Business

 

 

ADVANCED ECONOMETRICS: MARKET MECHANISMS

47-901 Mini 3 2024

                                                                                                                                      

                                                                                                                                     Professor Robert A. Miller  ramiller@cmu.edu  

 

                                                                                                                                     Teaching Assistant

Yizhen Xi yizhenxi@andrew.cmu.edu

 

SYLLABUS AND READING MATERIAL

 

 

A.    AUCTIONS

 

 

January Tuesday 16:               Sealed Bid Auctions

 

January Thursday 18:             Auction Dynamics

 

January  Tuesday 23:              Common Value Auctions

 

January  Thursday 25:            Procurement

 

January Tuesday 30:               Tutorial for Assignment

 

 

 

B.    MARKET MICROSTRUCTURE

 

February Thursday 1:               Limit Order Markets

 

February Tuesday 6:                 Search and Hiring

 

February Thursday 8:               Matching Models

 

 

C.    OPTIMAL CONTRACTING 

 

 

February Tuesday 13:              Pure Moral Hazard

 

February Thursday 15:            Moral Hazard and Hidden Information

 

February Tuesday 20:               Life Cycle Career Concerns

 

February Thursday 22:             Long Term Optimal Contracting

 

 

D.    ASSESSMENT 

 

 

February Tuesday 27:             Class Presentations 

 

February Thursday 29:            Examination