BUS 350 - The Role of Information in Financial Mar

Institution:

Hilbert College

Subject:

Description:

The course is intended to be an applied microeconomics course in that it will use the consumer utility maximization model as well as game theoretic modeling of insurance markets. Topics will include insurance, lotteries, risk management and decision making with asymmetric information. Students will acquire knowledge of how to apply an information advantage and ascertain when an information advantage is being practiced against them. This understanding of information value will allow the student to make decisions in regard to lotteries, insurance levels and coverage, warranties and uncertain situations. Prerequisite: ECO 201, MA 145.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.hilbert.edu

Phone Number:

(716) 649-7900

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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