2010-2011 University Catalog 
  
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2010-2011 University Catalog

ECON 632 - Economic Systems Design Principles and Experiments

Credits: 3
Introduces analytical and engineering principles to develop exchange systems. Students must become familiar with literature on applied mechanism design; and understand behavioral aspects of auction systems, matching, assignment and transportation problems, and information markets. Also introduces methods for testbedding systems using experimental economics and statistical design.

Prerequisites
Courses in linear and nonlinear optimization, and linear algebra.

Hours of Lecture or Seminar per week: 3
Hours of Lab or Studio per week: 0