Eric Rasmusen, Games and Information, Fourth Edition draft chapters, 2003. Besides what is listed below, you may find useful the mathematical appendix, the bibliography, the front matter, and the index. [I've now removed the draft chapters. If you need a copy, ask me.]
Eric Rasmusen, The Games and Information Reader, Blackwell, 2001.
You may work on the problem sets and how-to assignments together. Each person will hand in his own how-to assignment. For the problem sets, however, You *must* turn in your problem sets as one for each two-person group. I want you to talk about the problems together. Groups may talk with other groups, too. You may either form your own group, or email me by Saturday saying you'd prefer a random assignment to a group (this is particularly appropriate if you don't know anybody else in the class).
Due 5pm Saturday Sept 2: The HTML project.
Due 10 PM Sunday Sept 17: The Latex project.
Problem Set 3, due next Tuesday: 4.5, 5.4, 6.3, and 6.4.
Due: Problem Set 3: 4.5, 5.4, 6.3, and 6.4. Answers are here.
No problem set or anything is due.
Problem Set 4: problems 7.1, 7.2, 8.4, 8.5.
(I should have put Coase 1937) to be read for this class too.)
Due: Problem Set 6: 11.1, 11.4, 11.6, 13.1. Answers are (or will be) here.
5 pages of notes on Tirole's authority model, which I went over in class.
Robert Gibbons (2005) "Incentives Between Firms (and Within)" Management Science, 51,Issue: 1: 2-17 January 2005). I have some html notes on this article.
Thomas P. Lyon and Eric Rasmusen (2004) ``Buyer-Option Contracts, Renegotiation, and the Hold-Up Problem,'' Journal of Law, Economics and Organization, 20,1: 148-169 (April 2004).
On Fisher Body, see: R. H. Coase, "The Acquisition of Fisher Body by General Motors," Journal of Law and Economics , Vol. 43, No. 1. (Apr., 2000), pp. 15-31. Robert F. Freeland, "Creating Holdup through Vertical Integration: Fisher Body Revisited," Journal of Law and Economics, Vol. 43, No. 1. (Apr., 2000), pp. 33-66. Ramon Casadesus-Masanell and Daniel F. Spulber "The Fable of Fisher Body," Journal of Law and Economics, Vol. 43, No. 1. (Apr., 2000), pp. 67-104.
Due: Assignment on presenting data.
DROPPED FROM FALL 2006.
Chapter < 12 of Games and Information. I will tell you which sections I plan to cover.
Latex-pdf slides on Chapter 12 are available.
John Nash, ``The Bargaining Problem,'' Econometrica, 18:155-162 (April 1950). Reader, 53.
Ariel Rubinstein, "Perfect Equilibrium in a Bargaining Model," Econometrica, 50: 97-109 (January 1982). Reader 54.
My Notes on Rubinstein (1982).
Demand Estimation I
Eric Rasmusen , "The BLP Method of Demand Curve Estimation in Industrial Organization," forthcoming in Gendai Keizaigaku 1, mikuro-bunseki, edited by Isao Miura and Tohru Naito, Tokyo: Keiso shobo.
Aviv Nevo, "A Practitioner's Guide to Estimation of Random-Coefficients Logit Models of Demand," Journal of Economics and Management Strategy, 9(4): 513-548 (Winter 2000).
On the method of moments, see Jeffrey M. Wooldridge, 2001. "Applications of Generalized Method of Moments Estimation,"Journal of Economic Perspectives, 15(4): 87-100.
A few powerpoint slides.
For reference--- you need not read:
Nevo's homepage and Appendix and computer code are also useful. See too the revisions of his code by Bronwyn Hall (2005) and Eric Rasmusen (2005).
Steven Berry, James Levinsohn, and Ariel Pakes, "Automobile Prices in Market Equilibrium," Econometrica, 63(4): 841-890 (July 1995) and the working paper version, which is easier to read.
Steven Berry, James Levinsohn, and Ariel Pakes, "Differentiated Products Demand Systems from a Combination of Micro and Macro ..." The Journal of Political Economy, 112(1): 68-105 (February 2004).
On Matlab, see "Getting Started With MATLAB" by David Hart and Clinton Wolfe, Indiana University (June 1999) and my notes.