Browse Hierarchy ECN317: Market Design

This module introduces students to the theory and practice of market design, which uses microeconomic and game-theoretic tools to construct and improve institutions for exchange and collaboration. Applications to be discussed include auction design (e.g., bidding for keywords, electromagnetic spectrum, and financial securities) and two-sided matching (e.g., school choice, the medical residency match, and organ donation). Market-design principles are now used widely to address problems faced by government and private-sector organisations, especially in the technology industry, and the module will emphasise this practical impact of the methodology.