Teaching

Information Economics I

Instructor: Junichiro Ishida

Office hour: Wed 13:30-15:00 (unless otherwise noted)

Information is indispensable for making informed decisions but is often dispersed among individuals with conflicting interests.  The efficiency of decision-making hinges on how a group of individuals can share and aggregate those different pieces of information.    This course provides an overview of the literature on strategic information transmission, with a focus on signaling, cheap talk, and (various forms of) persuasion.  The goal of this course is to understand the strengths and weaknesses of different modeling approaches.

Basic knowledge of microeconomic theory and game theory is required for this course.