Auction theory and its applications. Gain insight into how different auction rules influence bidding behavior and impact seller revenue. The course covers private and common value auctions. Topics include the revenue equivalence theorem and the winner's curse.

Prerequisites: Econ 100B or 104B, and 140A.

4

Units

Letter

Grading

1, 2, 3

Passtime

None

Level Limit

Letters and science

College
These majors only econ ecmth busec ecacc
Rod Garratt
4.3
57 reviews
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ECON 177 Garratt R J Summer 2020 Total: 36
ECON 177 Garratt R J Summer 2017 Total: 36
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57
4.3
ECON135 . A Month Ago

Easily one of the best professors in the Econ department. I took 135 with him this spring and learned so much about monetary policy, inflation, Fed, crypto, etc. from him. He makes lecture so interesting and I looked forward to every class, he talked about his time at the Fed too. Really friendly as well. Could not recommend more

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ECON171 . 3 Months Ago

Great Professor. Great Class.

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ECON171 . 7 Months Ago

Class in itself is not terribly difficult, but attending the lectures is crucial. Posted slides are vague, confusing, and hard to decipher. Attendance is not made mandatory but if you take this class PLS go to lecture

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ECON135 . 7 Months Ago

Prof Garratt is great. This class won't stress you out but you will still learn a lot. Lectures are straight from the textbook for the most part. Two quizzes, both multiple choice. Would recommend

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135 . 1 Year, 1 Month Ago

A lot of reading but generally fair tests. lectures are interesting, final grade on a curve

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ECON1 . 2 Years Ago

Prof Garratt is truly an asset to UCSB. Go to lecture, as he discusses many thought provoking real world examples about Econ. I attended his office hours very frequently as they always proved to be helpful when I was struggling with practice exam questions. He definitely is one of my favorite profs here and I learned a lot while in his class

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