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Thursday, October 23, 2008

Tick tock, tick, tick

More progress! Bayes-Nash equilibrium was a trivial extension of the Bayesian Normal Form. I read the textbook chapter on moral hazard. Where is the hard? It all seemed much nastier when Paul did examples in class. The review sheet he's made, a complete overview of contract theory, is extremely helpful. It really does gather into one place all the theory behind the last six weeks of class. It still doesn't define full verifiability, though. I'm resigning myself to going intuitive on that one.

My plans for next year have changed a bit, with the result that my timetable now looks a whole lot friendlier:

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