AIMS AND CONTENT

LEARNING OUTCOMES

The course aims to provide the student with the technical and theoretical tools to understand the choices of economic agents in uncertainty. First, the fundamental concepts of neoclassical risk and decision theory will be addressed: risk aversion and stochastic dominance. Various specific themes such as asset pricing models, general equilibrium models with Arrow-Debreu securities, and consumption and savings choices will be touched in uncertainty.

TEACHING METHODS

In the first part of the course I will present the fundamental concepts involving the economic decisions under uncertainty. In the second part of the course, the class will be divided in groups. Each group has to study a specific topic and present it to the entire class.

RECOMMENDED READING/BIBLIOGRAPHY

Gollier, C. The Economics of risk and time, MIT Press

TEACHERS AND EXAM BOARD

Exam Board

GABRIELE CARDULLO (President)

MARCO GUERRAZZI

LESSONS

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

Exam schedule