ECO 336M ECO 336M. Economics of Auctions. 3 Hours.
Explore auctions as a mechanism for allocating resources. Analyze bidders' strategic interactions using game theory. Investigate market rules designed to attain specific policy objectives. Utilize empirical methods to analyze auction data. Three lecture hours a week for one semester. Economics 336M and 350K (Topic: Economics of Auctions) may not both be counted. Prerequisite: Economics 420K with a grade of at least C-.