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| Semester | spring semester 2023 |
| 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 enrol in MOnA. EUCOR-Students and students of other Swiss Universities have to enrol at the students administration office (studseksupport1@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam! |
| Language of instruction | English |
| Use of digital media | No specific media used |
| Interval | Weekday | Time | Room |
|---|---|---|---|
| wöchentlich | Thursday | 10.15-12.00 | Wirtschaftswissenschaftliche Fakultät, Seminarraum S15 HG.31 |
| Modules |
Modul: Specific Electives in Economics (Master's Studies: Business and Economics) Module: Specific Electives in Business and 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: 20.06.23; 14:45-16:15. DSBG Sporthalle: A-Z. For this exam you will still receive additional information by email. You would have to be on site at least 30 minutes before the exam starts. The addresses of the examination rooms can be found here: https://wwz.unibas.ch/de/studium/pruefungen/vorlesungs-und-pruefungsraeume/ You can still withdraw from the examination by submitting a completed, signed form to our office from 21.03.23 until 31.03.23 / 12:00 o’clock. The deregistration form and the mail address can be found on the homepage of the Dean of Studies Office: https://wwz.unibas.ch/en/studies/examinations/de-/registration-of-examinations/ Prior to 20.03.23, please deregister only in the Online Services. The examination rooms will be published by 26.5.23. |
| 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 |