ECON 136: Market Design

Course Description

Use of economic theory and analysis to design allocation mechanisms and market institutions. Course focuses on two areas: the design of matching algorithms to solve allocation and assignment problems, with applications to school choice, entry-level labor markets, and kidney exchanges and the design of auctions to solve general resource allocation problems, with applications to the sale of natural resources, financial assets, radio spectrum, and advertising. Emphasis on connecting economic theory to practical applications. Students must write term paper.