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65941-01 - Lecture: Matching and Market Design (3 CP)
| Semester | spring semester 2025 |
| Course frequency | Every spring sem. |
| Lecturers | Cédric Wasser (c.wasser@unibas.ch, Assessor) |
| Content | This course provides an introduction to matching theory and its application to market design. Some matching markets operate under fixed prices or without any monetary transfers at all. Examples include matching workers to firms in entry-level labor markets, matching children to public schools, or matching organ donors to patients. Insights from matching theory have been successfully used to design the rules of such markets and improve their outcomes. Other matching markets involve flexible monetary transfers and operate using some kind of auction, such as keyword auctions in online advertising or spectrum auctions for assigning the rights to use the electromagnetic spectrum (e.g., for providing telecommunication services). To study such auctions, the course also covers concepts from auction theory and mechanism design. |
| Learning objectives | The students know important concepts and results of matching theory and auction theory as well as their application to market design. |
| Bibliography | Haeringer, G. (2018). Market Design: Auctions and Matching. MIT Press. Roth, A.E., and Sotomayor, M.A.O. (1990). Two-sided Matching: A Study in Game-theoretic Modeling and Analysis. Cambridge University Press. |
| Weblink | Weblink to ADAM |
| Admission requirements | Students are expected to have basic knowledge of microeconomics and game theory. Prior completion of 65937-01 Advanced Microeconomics is advantageous but not required. |
| Course application | Registration: Please enroll in the Online Services (services.unibas.ch); Eucor-Students and mobility students of other Swiss Universities or the FHNW first have to register at the University of Basel BEFORE the start of the course and receive their login data by post (e-mail address of the University of Basel). Processing time up to a week! Detailed information can be found here: https://www.unibas.ch/de/Studium/Mobilitaet.html After successful registration you can enroll for the course in the Online Services (services.unibas.ch). Applies to everyone: Enrolment = Registration for the course and the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Course auditors welcome |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| wöchentlich | Thursday | 10.15-12.00 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S15 HG.31 |
Dates
| Modules |
Module: Specific Electives in Economics (Master's Studies: Business and Economics) Module: Specific Electives in Finance, Controlling, Banking (Master's Studies: Business and Economics) |
| Assessment format | record of achievement |
| Assessment details | written exam: date and room tbd |
| Assessment registration/deregistration | Reg.: course registration, dereg: cancel course registration |
| Repeat examination | no repeat examination |
| Scale | 1-6 0,1 |
| Repeated registration | as often as necessary |
| Responsible faculty | Faculty of Business and Economics , studiendekanat-wwz@unibas.ch |
| Offered by | Faculty of Business and Economics |