Applied Microeconomics, Fall Semester 2017

Wednesday, Period 3 at Room 106

Instructor: Yoshimasa Shirai

 

Please fill in the foam [click here] if you are going to participate in this class.

 

Models of Search

 

September 27

Why search models instead of competitive equilibrium models?
Optimal Stopping Rule I: discrete time

     [Lecture Note 1].

 

October 4

Optimal Stopping Rule I: discrete time (continued)

 

October 11

Optimal Stopping Rule II: continuous time

 

October 18

Price Dispersion

 

October 25

Labor Search

 

November 1

Money Search

 

November 8 (Midterm)

 

Reference

DeGroot, Maurice H. (1970), Optimal Statistical Decisions, McGraw-Hill (now published in Wiley Classics Library 2004).