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University of Hong Kong
The economics of uncertainty and information has permeated virtually every field in economics. In this course, we develop the basic tools that are used in the study of behavior under uncertainty, and introduce some standard models of imperfect and asymmetric information. This course may be regarded as an advanced course in microeconomic theory. Students must have completed the intermediate level Microeconomic Theory course as a prerequisite.
class participation (5%);
three problem sets (10%); and
a mid-term exam (25%)
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