Dr Matthew Levy

Dr Francesco Nava

This course is available on the MRes/PhD in Economics and MRes/PhD in Economics and Management. This course is not available as an outside option to students on other programmes. This course uses controlled access as part of the course selection process. For information on controlled access courses, including eligibility, application processes, deadlines, and departmental contact details, please refer to the Controlled Access Courses webpage.

For queries contact: econ.mres.phd@lse.ac.uk

Mutually exclusive courses:

This course cannot be taken with EC537 at any time on the same degree programme.

Pre-requisites:

Students must have completed EC441 before taking this course.

The objective of this course is to provide students with a graduate level introduction to advanced topics and contemporary developments in microeconomic theory on the research frontier.

Topics may include:

• Behavioural economics: reference-dependent preferences, anticipatory utility and self-control
• Mechanism design with and without commitment: implementation, interim feasibility, interdependent values, Coasian dynamics.

Additional topics are explored in Microeconomics for Research Students II in the Winter Term. The two half unit courses are designed to complement each other.

30 hours of lectures in the Autumn Term.

Attendance is compulsory.

Students will discuss papers in lectures.

Osborne M, and Rubinstein A, A Course in Game Theory, MIT Press, 1994. Fudenberg D, and Tirole J, Game Theory, MIT Press, 1991

Readings will be mainly from journal articles; a list will be supplied at the start of each section.

Continuous assessment (100%) in Autumn Term Week 11.