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Institutional Economics and Economic Policy
Provided by: UMA
(EQF level: 8)
Introduction
Mechanism Design Theory: Basics
Mechanisms with lower informational requirements Robust mechanism design
Strategically simple mechanisms
The boundaries of institutions
Delay in information processing and decentralization
Provision of public goods (with transfers)
Financing indivisible public goods with possible use exclusion theory
Experimental evidence
Preference aggregation with voting rules and related mechanisms linear voting rules
Information aggregation in committees
Prediction markets and crowdfunding
Models of fiscal instability
Mechanisms for fiscal stability European economic governance
Mechanism Design Theory: Basics
Mechanisms with lower informational requirements Robust mechanism design
Strategically simple mechanisms
The boundaries of institutions
Delay in information processing and decentralization
Provision of public goods (with transfers)
Financing indivisible public goods with possible use exclusion theory
Experimental evidence
Preference aggregation with voting rules and related mechanisms linear voting rules
Information aggregation in committees
Prediction markets and crowdfunding
Models of fiscal instability
Mechanisms for fiscal stability European economic governance
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Fall 2024
Course start date 2024-09-02Course end date 2024-12-02Language EnglishCredits 7.5 (ECTS)Grading scheme: written exam (90 minutes)