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.
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References |
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On-line resources |
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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 | Date | Special Events |
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3 | 2015/9/28 | No class: Mid-autumn Festival |
9 | 2015/11/9 | Midterm exam |
17 | 2016/1/4 | Project presentations |
18 | 2016/1/11 | Project presentations |
Week | Topic | Lecture | Video | Pre-lecture Problem |
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1 | Review of optimization | Slides | N/A | N/A |
2 | Review of game theory | Slides | Playlist (same as IE14) | Problems |
3 | No class: Mid-autumn Festival | N/A | N/A | N/A |
4 | Channel selection under competition | Slides | Playlist (same as IE14) | Problems |
5 | Channel coordination with returns | Slides | Playlist (same as IE14) | Problems |
6 | The two-type screening theory | Slides | Playlist (same as IE14) | Problems |
7 | Endogenous adverse selection | Slides | Playlist (same as IE14) | Problems |
8 | Cascade adverse selection and partial monitoring | Slides | N/A | N/A |
9 | Midterm exam | N/A | N/A | N/A |
10 | The continuous-type screening theory | Slides | Playlist (new for IE15) | Problems |
11 | The signaling theory | Slides | Playlist (same as IE14) | Problems |
12 | The moral hazard theory | Slides | Playlist (new for IE15) | Problems |
13 | Paper presentations (1) | N/A | N/A | N/A |
14 | Paper presentations (2) | N/A | N/A | N/A |
15 | Paper presentations (3) | N/A | N/A | N/A |
16 | Past, future, and why | Slides | N/A | N/A |
17 | Project presentations (1) | N/A | N/A | N/A |
18 | Project presentations (2) | N/A | N/A | N/A |
Problems | Solution |
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Homework 1 | Solution |
Homework 2 | Solution |
Homework 3 | Solution |
Item | Description |
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Paper presentations | What one should do in paper presentations |
Paper presentation schedule | Paper presentation schedule |
Item | Description |
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Project | What one should do in the final project |
Proposal discussion schedule | Proposal discussion schedule |
Project presentation schedule | Project presentation schedule |
Ho Ho's project | Ho Ho's final project in Fall 2014 |
Ian's project | Ian's final project in Fall 2014 |
Format suggestions | My suggestions for formatting your reports |