2011-2012 University Catalog 
  
2011-2012 University Catalog

ECON 632 - Economic Systems Design Principles and Experiments

Credits: 3 (NR)
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.

Prerequisite(s): 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