Faculties and centres
Administrative Services
General Services
This course covers market failures in the presence of externalities, market power and asymmetric information. Topics include: externalities, public goods, social choice and voting, monopoly, oligopoly, bargaining, adverse selection, signalling, screening, moral hazard, mechanism design and auctions.
General Competences (CG)
Specific Competences (CE)
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Third part in the first-year graduate microeconomics sequence, covering market failures in the presence of externalities, market power and asymmetric information.