Environmental Economics II: Mechanisms (AGERE-E02)

August 11, 2020

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Method of completion: contact teaching


  • Courses page (you can view the information on this site without logging in or registering, but some of the content added by teachers to course pages may be available to course participants only, for example Moodle course enrolment key) and/or
  • Sisu page


Study material:

  • Can be found in the Moodle learning platform
  • A link and a Moodle course key will be sent by email before the course starts and/or they will be provided on the Courses page, see above
  • Log in with your UH username to be able to use all the features of the course workspace



  • In UH’s Sisu with your UH username
  • To be able to register for the course in Sisu, please note that
    • You must have a valid right to study at the course host university
    • You have created your primary personal study plan (HOPS) based on your study right
    • You have added the course for which you are registering to your HOPS
    • More information can be found on the webpage How to enroll in the courses?



The course deepens the theory and analytical skills provided by course AGERE-E01. The first part of the course focuses on economics of uncertainty and introduces the concepts of risk-aversion, prudence, value of information, precautionary principle and optimal experimentation. The second part of the course introduces economics of information, where the policy maker is less informed than the regulated firms or individuals. We learn how to design contracts, negotiations, green auctions and mechanisms under information constraints. Throughout the course, we will supplement the theoretical models with numerical examples and empirical studies.