Richard E. Kihlstrom
Ervin Miller-Arthur M. Freedman Professor of Finance and Economics
Research Interests: financial market equilibrium, information and uncertainty in economics, managerial incentives
FNCE923 - Financial Economics Under Imperfect Information
This course covers General equilibrium and rational expectations, foundations of the theory of information; learning from prices in rational expectations equilibrium models, moral hazard, adverse selection, and signalling Bidding theories.