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Contracting and Signaling, Winter 2008

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Author:
Subject:
Social Sciences
Institution Name:
University of Michigan
Collection:
Open.Michigan
Grade Level:
Post-secondary
Abstract:

Course prepares you to advise clients or your own organization on the design of contracts and screening policies when one of the parties has an information advantage over the other. For example, students study the design of patent licenses (the licensor knows more about the market), the design of social systems to reduce spam (the spam sender knows more about the content before the recipient decides whether to read), and the design of performance contracts for professional services (e.g., consultants, contract programmers, etc., when the contractor knows more than the employer about her level of effort). This course follows SI 646.

Languages:
English
Material Type:
Full Course, Lecture Notes, Readings, Syllabi
Media Format:
Text/HTML, Downloadable docs
Conditions of Use:
Creative Commons Attribution 3.0
Creative Commons Attribution 3.0

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