14.124 | Spring 2017 | Graduate

Microeconomic Theory IV

Course Description

The topic of the class is information and contract theory. The purpose is to give an introduction to some of the main subjects in this field: decision making under uncertainty, risk sharing, moral hazard, adverse selection, mechanism design, and incomplete contracting.

Course Info

Learning Resource Types
Problem Sets with Solutions
Lecture Notes
A man stands at a table and writes on a piece of paper.
A man signs a contract. Contract theory, the study of how businesses and people create and develop legal agreements, is discussed at length in this course. (Image courtesy of Olu Eletu on Unsplash.)