Instructor: Ling-Chieh Kung
Department of Information Management
National Taiwan University
In the field of Information Economics (or Economics of Information), people use economic tools to study the value and impact of information. Information is not only important in the information industry; it has critical impacts in almost all business activities. In this course, we will study how to apply economic modeling to rigorously analyze information-related issues, especially information asymmetry. Applications that we will study lie in marketing, supply chain management, information systems, among others. Students will be required to read textbooks as well as some academic papers. This is a course teaching students how to do academic research with a specific research method. To comfortably take this course, one is suggested to have adequate background in calculus, nonlinear optimization, game theory, and probability.
This is an elective course offered in the Department of Information Management in National Taiwan University. The target "customers" of this course are graduate and senior students, though junior students may still enroll in this course. In most cases, all students who want to enroll in or audit this course are welcome. This course is taught in Chinese.
The first five lectures are in the MOOC on coursera (free registration is needed).
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For a detailed description about this course, including course policies, grading rules, tentative schedules, etc., please see the syllabus. Whenever there is an update, a new version will be posted with a short note describing the update.
Week | Topic | Problems | Slides and Videos |
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Part 1: Incentives | |||
All lecture videos and slides for Part 1 are at Coursera: Game-theoretic analysis for Business Research (1) | |||
1 | Review of optimization | N/A | Week 1 of the Coursera course |
2 | Review of game theory | Pre-lecture; lecture | Week 2 of the Coursera course |
3 | Channel selection under competition | Pre-lecture; lecture | Week 3 of the Coursera course |
4 | Channel coordination with returns | Pre-lecture; lecture | Week 4 of the Coursera course |
5 | In-store referrals and sharing economy | Pre-lecture; lecture | Weeks 5 and 6 of the Coursera course |
6 | No class: National holiday | N/A | N/A |
7 | Case study 1 | Problem Sets 1 and 2 | N/A |
8 | Workshop on Information Economics | ||
Part 2: Information | |||
All lecture videos and slides for Part 2 will be at Coursera: Game-theoretic analysis for Business Research (2) | |||
9 | The screening theory | Pre-lecture; lecture | Slides; playlist |
10 | Cascade Adverse Selection and Partial Monitoring | Pre-lecture; lecture | Slides; playlist |
11 | The signaling theory | Pre-lecture; lecture | Slides; playlist |
12 | Revenue sharing for medical treatment | Pre-lecture; lecture | Slides; playlist |
13 | Case study 2 | Problem Set 3 | N/A |
Part 3: Final Project | |||
14 | Project discussions | N/A | N/A |
15 | Review and preview | N/A | N/A |
16 | Final project presentations (1) | N/A | N/A |
17 | Final project presentations (2) | N/A | N/A |
18 | No class: Thanks to flipped classroom | N/A | N/A |
Problems | Solution |
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Quiz | N/A |
Handout for Utility Modeling | N/A |
Problem Set 1 | Solution |
Problem Set 2 | Solution |
Problem Set 3 | Solution |
Item | Description |
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Paper Summary 1 | What one should do in Paper Summary 1 |
Case Study 1 | What one should do in Case Study 1 |
Paper Summary 2 | What one should do in Paper Summary 2 |
Case Study 2 | What one should do in Case Study 2 |
LaTeX template | A LaTeX template |
Formatting | Suggestions for formatting your reports |
Item | Description |
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Final project | What one should do in the final project |
LaTeX template | A LaTeX template |
Format suggestions | My suggestions for formatting your reports |