ECON 509 - TOPICS IN MICROECONOMICS
Long Title: TOPICS IN MICROECONOMICS
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Must be enrolled in one of the following Level(s):
Prerequisite(s): ECON 508
Description: Role of private information in mathematical models of collective decision making. Emphasizes information acquisition by voters, and information disclosure by the political parties or media outlets. Topics include: the value of private information in a single-agent decision problem; various statistical concepts of informativeness; Shannon entropy and rational inattention; models of strategic voting; cost-benefit analysis of information acquisition and optimization; deliberation and information transmission; mathematical modeling of information disclosure by media outlets. Repeatable for Credit.