Spring 2023 - ECON 434 D100
Seminar in Applied Market Design (3)
Class Number: 3311
Delivery Method: In Person
Course Times + Location:
We 2:30 PM – 5:20 PM
BLU 10901, Burnaby
Exam Times + Location:
Apr 13, 2023
12:00 PM – 3:00 PM
AQ 5030, Burnaby
Prerequisites:ECON 333 (or BUEC 333) and ECON 302, all with a minimum grade of C-.
Introduces students to market design. There is a strong emphasis on applications and empirical perspectives of market design. The objective of the course is to give students an understanding of the core concepts of market design and to illustrate how econometrics can be used to combine data with micro theory. Students with credit for ECON 483 under the title Applied Market Design may not take this course for further credit.
Market design is an area of studying the rules that guide transactions and resource allocations in the marketplace. Applications include matching markets (marriage market, school assignment, kidney exchange), auction markets, and so on. This course will focus on the empirical perspective of market design and illustrate how econometrics can be used to combine data with micro theory.
There will be assigned readings each week. Each week, two or three students will present the assigned reading and lead a discussion. The final exam will cover the theory and the empirical analysis in the seminar.
Topics: Introduction to Market Design, One-to-One Matching (e.g., Marriage Market), Many-to-One Matching (e.g., School Assignment), House Allocation and Kidney Exchange, Labor Markets, Internet Markets.
No. A set of papers will be posted on Canvas.
Roth, Alvin E. Who Gets What—and Why: The New Economics of Matchmaking and Market Design. Houghton Mifflin Harcourt, 2015.
Nir Vulkan, Alvin E. Roth, and Zvika Neeman. The Handbook of Market Design, Oxford University Press, 2015.
REQUIRED READING NOTES:
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Department Undergraduate Notes:
Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.
Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period until you receive confirmation of your exam dates.Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or firstname.lastname@example.org.
***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
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