Announcements:
- There is nothing due to hand-in on December 1, 2003. (Due to the
lack of time to motivate on November 24.) Please read over the description
of the Contrfacting Game linked to the schedule for December 1, and we will
go over this in class. (Note also that Quiz 6 is on December 8.)
Course Resources:
- Course Syllabus
- Course Schedule
- Packet Materials
- Market Making Game (And Problem Set I)
- Computer Screens for Market Making Game
- Prototype Mid-Term Exam
- Abbreviated Key to the prototype midterm
- Contracting Game 1.
- Contracting Game 2.
- Study Guide For Final Exam.
- A History Lesson
- Basics of Intermediation
- The Trading Desk
- Allen and Santomero weigh in on the banker's demise.
- Mutual Funds, Hedge Funds, and Long-Term Capital
- Microstructure and the Market Making Game.
- The Microstructure of Options Markets.
- Auctions and the Auction Game
- Optimal Bidding Strategies.
- Results from In-Class Auctions
- The prevalence of Winner's Curse.
- Notes on IPO's 1.
- Notes on Investment Banking and the Capital Acquisition Process.
- More on IPOs.
- Contracting Game 1 and Banks.
- Banks and Relationships.
- Commercial Banks 1.
- Commercial Banks 2.
- Commercial Banks 3.
- Commercial Banks 4.
- Commercial Banks 5.
