micro2a(contracttheoryandinformationecon

Micro 2A (Contract Theory and Information Economics)

Solutions

* labor-managed firm

* Competition in contracts

* Lending with adverse selection

* Downsizing

Short Notes

* Envelope Theorem

* Characterization of Incentive compatibility: NC and SC (page 60 of Lecture notes of Stole (2001))

* Basic Idea of Adverse selection and Integration by parts (NEW)

* Summary of Micro 2A

* Two ways of solving auction (NEW)

More Exercises (NEW)

1

2

Lecture notes and courses

Lars A. Stole 2001 Lectures on the Theory of Contracts and Organizations

a Course on implematation at NYU with many survey papers

Links

Harvard Contract Theory Philippe Aghion

http://my.harvard.edu/icb/icb.do?keyword=k19008

MIT Contract Economics Richard Holden and Bengt Holmstrom

http://stellar.mit.edu/S/course/14/fa07/14.281/index.html

Toronto Simon Board

http://www.chass.utoronto.ca/~sboard/teaching.html

LSE Andrea Prat

http://econ.lse.ac.uk/staff/prat/ec441/ec441.html