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.
|1||Review of optimization||Slides||Video||N/A|
|2||Review of game theory||Slides||Playlist||Problems|
|3||Channel selection under competition||Slides||Playlist||Problems|
|4||Channel coordination with returns||Slides||Playlist||Problems|
|5||No class: National holiday||N/A||N/A||N/A|
|6||Retail and delivery platforms||Handout||N/A||Problems|
|7||The screening theory||Slides||Playlist||Problems|
|8||Endogenous adverse selection||Slides||Playlist||Problems|
|9||The signaling theory||Slides, Handout||Playlist||Problems|
|10||Signaling quality through specialization||Slides||Playlist||Problems|