Instructor: Vicki Knoblauch
Prerequisite: ECON 2201
Recommended preparation: Well developed mathematical reasoning skills, ability to work in small groups on an independent project. Prof. Knoblauch is willing to waive the ECON 2201 prerequisite for Honors students who possess the recommended mathematical and analytical reasoning skills.
One-semester introduction to mechanism design. Mechanisms are designed to induce people to act in such a way as to promote social welfare. Topics include public goods provision, 2-sided matching markets and peer evaluation of performance. The project in this course may serve as a good start for an Honors thesis or other piece of research.