ECO-5001 : Information Economics
- Responsable(s) :
-
- Elisa Mougin
Niveau
M2
Discipline
Economie
Public externe (ouverts aux auditeurs de cours)
Informations générales sur le cours : ECO-5001
Welcome to the graduate-level course in Information Economics. In this course, we will embark on a comprehensive exploration of economic theories related to information and its applications. Understanding the vital role of information in economic decision-making is crucial for researchers and policymakers alike. Therefore, this course is tailored to equip you with the analytical tools necessary to navigate the complexities of information economics.
The first part of the course covers the theoretical approach to information and how economic models integrate it, better accounting for economic phenomena based on incomplete information or unbalanced preferences. The second part of the course deals with the market for news and the sector of information production. It will discuss the political economy of information and spend some time on current topics such as information in the digital age, trust, and false information.
This course is designed to provide a solid foundation and enhance your ability to apply these concepts in practical settings. Class sessions will be interactive and dynamic, encouraging active participation. You will be asked to analyze tables, interpret equations, and engage in meaningful discussions in class.
Prerequisites for this course include a robust background in applied microeconomics, econometrics, and evaluation techniques at the graduate level.
This is a 24 hour-course, typically with one or two 3 hours lecture each week. The detailed agenda is available on the course page on the Portail des Etudes.
A list of readings will be provided at the beginning of the course. For each class, there will be one mandatory reading to prepare, along with a short list of recommended readings for those who wish to explore the topic further.
Semestre 2 - 8 sessions de 3h
Allcott, H., & Gentzkow, M. (2017). Social media and fake news in the 2016 election. Journal of economic perspectives, 31(2), 211-236.
Berry, S. T., & Waldfogel, J. (2001). Do mergers increase product variety? Evidence from radio broadcasting. The Quarterly Journal of Economics, 116(3), 1009-1025.
Birchler, U., & Bütler, M. (1999). Information economics. Routledge.
Cagé, J., & Huet, B. (2021). L'information est un bien public: refonder la propriété des médias. Seuil.
George, L. M., & Waldfogel, J. (2006). The New York Times and the market for local newspapers. American Economic Review, 96(1), 435-447.
Hamilton, J. (2016). Democracy’s detectives: The economics of investigative journalism. Harvard University Press.
Webster, J. G. (2014). The marketplace of attention: How audiences take shape in a digital age. Mit Press.
Strömberg, D. (2004). Radio's impact on public spending. The Quarterly Journal of Economics, 119(1), 189-221.