ECON 3560 - Economics of Information and Organizations

Units: 4
Introduction to information economics as it pertains to issues in management and governance. Application of agency theory, positive/adverse selection, rent-seeking, and learning models to the optimal design of incentives and organizations. Explanation of monitoring mechanisms in the US financial system (investment banks, rating agencies, regulators) and the evolution of corporate structures, business models, and entrepreneurship. Prerequisites: ECON 2301 , MATH 1810 , STAT 2010 or equivalents. A-F grading only.