Information and Institution Design - ECO00051H
Module summary
The module covers the theory of and contemporary issues in the economics of information and institutional design.
Related modules
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Semester 2 2025-26 |
Module aims
To explore advanced topics and concepts representative of current research in microeconomic theory, particularly in the fields of information economics and institution design.
Module learning outcomes
The general learning objectives for the module can be summarised as:
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The ability to develop and analyse formal models, in a variety of problems in information economics, social choice, matching and market design.
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Understand the role of information in different markets and institutional frameworks.
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Familiarity with the central techniques, concepts and issues of information economics and institution design, such as optimality, equilibrium, uncertainty, information, stability, efficiency and incentives.
Module content
Part 1 will cover topics in institutional design, including social choice and market design. Part 2 will cover topics in information economics.
Indicative assessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 100 |
Special assessment rules
None
Additional assessment information
Formative assessment
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Written feedback on two assignments (to be submitted for tutorials
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Oral feedback during small-group tutorial sessions
Indicative reassessment
| Task | % of module mark |
|---|---|
| Closed/in-person Exam (Centrally scheduled) | 100 |
Module feedback
Students will receive a score reflecting their performance in the exam. (If we ask them to hand in work for the seminars, they will also receive feedback on that.)
Indicative reading
“A Course in Microeconomic Theory” (D. M. Kreps)
“Market Design - Auctions and Matching” (G. Haeringer)
Selected articles