EC487 Redo

使用范围

  • 已忽略:AT/ 文件夹全部内容。
  • 已使用:EC487 - Syllabus 2026.pdflecture slides/problem sets/EC487_WT_Pset1.pdfEC487_WT_Pset9.pdfsolutions/ 中已有的 WT solutions。
  • 注意:solutions/ 中没有找到 Pset5 的 solution,所以 Pset5 的“主要解题方法”依据题面和对应课件整理,不把不存在的答案文件当作依据。
  • 课件页码按 PDF 页码记录;若题目是 Problem Set 的扩展题,关联课件列给出最接近的 current WT lecture source。

Problem Set 重做总表

题目题号(a,b,c,d)考点主要解题方法关联课件重做
PS1 Q1 Cournot Game with Private CostsQ1(a)Bayesian Nash Equilibrium (BNE) 定义明确类型、策略函数、信念和每个类型的最优反应条件。Lecture 1, p11; Lecture 1, p15Done
PS1 Q1 Cournot Game with Private CostsQ1(b)私人成本下的 Cournot BNE对 firm 2 的两个类型分别写 FOC;firm 1 对 firm 2 的期望产量作最优反应,联立求解。Lecture 1, p15-p19Done
PS1 Q1 Cournot Game with Private CostsQ1(c)成本不确定性与利润比较静态代入 theta=1/2cH=b+chatcL=b-chat,对利润关于 chat 做比较静态并解释信息不确定性。Lecture 1, p11; Lecture 1, p15-p19Done
PS1 Q2 PurificationQ2(a)不完全信息 game 的纯策略阈值均衡把类型扰动写进 payoff difference,找让玩家无差异的 cutoff,再验证双方最优反应。Lecture 1, p11-p19Done
PS1 Q2 PurificationQ2(b)Harsanyi purification 与 mixed equilibrium 极限计算各玩家采取偏好动作的概率,令 epsilon -> 0,对照完全信息 Battle of the Sexes 的混合均衡。Lecture 1, p15-p19Done
PS1 Q2 PurificationQ2(c)混合策略与微小 payoff 扰动用文字说明:完全信息混合均衡可看作近似不完全信息博弈纯策略均衡的极限。Lecture 1, p11-p15考试应该不会考
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(a)Common value auction payoff按是否赢、是否平局分别写 payoff;注意 winner pays own bid。Lecture 7, p4-p5; Lecture 1, p11done
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(b)单调策略下的期望 payoff用对手策略反函数把“赢的事件”写成 t2 <= sigma_2^{-1}(b1),再对信号积分。Lecture 7, p9-p10; Lecture 1, p15done
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(c)bidding FOC对 bid 或 implied cutoff 求导,一阶条件连接边际胜率和条件期望价值。Lecture 7, p9-p10done
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(d)对称递增均衡 bidding function施加 sigma_1=sigma_2,把 FOC 化成微分方程并用边界条件求唯一解。Lecture 7, p9-p11done
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(e)Winner’s curse比较 E[v given t1]E[v given t1, winning],说明赢本身传递对手 signal 较低的信息。Lecture 7, p9-p11; Lecture 1, p11done
PS2 Q1 Global GamesQ1(a)cutoff equilibrium猜测阈值策略 Invest iff xi > x*,用条件正态信念让 cutoff type 无差异。Lecture 1, p20-p29Higher-order belief 不在考纲里,可以省略
PS2 Q1 Global GamesQ1(b)Risk dominance在完全信息 2x2 协调博弈中令对手均匀混合,比较 Invest 和 Not Invest 的期望 payoff。Lecture 1, p20-p29
PS2 Q1 Global GamesQ1(c)vanishing noise selectionsigma -> 0,解释 incomplete information equilibrium 如何选择 risk-dominant equilibrium。Lecture 1, p20-p29
PS2 Q2 Disclosure GameQ2Signalling game, weak PBE, unraveling用 firm 的最优工资等于 posterior mean;再用最高未披露类型的偏离证明几乎所有类型都会 disclose。Lecture 2, p4-p6; Lecture 2, p14-p15done
PS3 Q1 Spence SignallingQ1(1)低类型最喜欢的 equilibrium比较低类型在 pooling 与 separating 中的 wage minus education cost;优先找最低教育成本的 pooling。Lecture 2, p14-p22
PS3 Q1 Spence SignallingQ1(2)高类型最喜欢的 equilibrium比较 least-cost separating 与 pooling payoff,注意高类型教育成本较低但 pooling 有平均工资。Lecture 2, p14-p22
PS3 Q1 Spence SignallingQ1(3)firm 最喜欢的 equilibriumfirm payoff 是 wage 对 productivity 的 squared loss;比较 pooling 和 separating 的信息精度。Lecture 2, p14-p22
PS3 Q1 Spence SignallingQ1(4)Pareto-undominated equilibria枚举 pooling 与 separating outcome,删去被所有相关方弱支配且至少一方严格受益的 equilibrium。Lecture 2, p14-p22
PS3 Q2 Partial Pooling in Spence SignallingQ2(a)partial pooling equilibrium construction设计 beliefs、工资和混合概率,让 eM 处 firm posterior 支持 pooling,同时让两类型在各自混合支持上无差异。Lecture 2, p14-p22; Lecture 2, p23-p26
PS3 Q2 Partial Pooling in Spence SignallingQ2(b)Intuitive Criterion找一个 off-path education level,判断哪些类型可能从偏离中获益,再看合理 beliefs 是否破坏该 equilibrium。Lecture 2, p23-p34
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(1)Beer-Quiche pooling equilibrium existence对 beer pooling 和 quiche pooling 分别写 receiver posterior 与 best response,检查 sender 偏离。Lecture 2, p7-p13; Lecture 2, p27-p28
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(2)pooling 不存在时的 pure PBE检查 separating 和 pooling 候选;用偏离激励排除纯策略 equilibrium。Lecture 2, p7-p13
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(3)mixed-strategy PBE令 receiver 在 fight/run 间无差异,反推出 wimpy type 的混合概率;再验证 surly type。Lecture 2, p7-p13
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(4)Intuitive Criterion refinement对混合均衡中的 off-path 或低概率路径应用 equilibrium dominance 和合理 beliefs。Lecture 2, p23-p28
PS4 Q1 Characterizing Interval Equilibria in Cheap TalkQ1cheap talk interval recurrence用相邻 interval 边界类型的 sender indifference,推出长度递推式 theta_{k+1}-theta_k = theta_k-theta_{k-1}+4bLecture 3, p15-p21
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(1)receiver ex-ante payoff对每个 interval 用 receiver posterior mean 作为 action,把平方损失按 interval 积分求期望。Lecture 3, p7; Lecture 3, p15-p21
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(2)sender payoff 与 receiver payoff 的 aligned ranking把 sender ideal point theta+b 展开,说明 equilibrium payoff 排序和 receiver information precision 同向。Lecture 3, p5-p7; Lecture 3, p15-p21
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(3)bias b=1/12 下的 equilibrium set由 interval existence 条件求最大 interval 数,列出各 n 的 thresholds 与 ex-ante payoff。Lecture 3, p20-p21
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(4)bias b'=1/24 下的 equilibrium set重复 interval recurrence 和 existence 条件,比较可支持的信息精度。Lecture 3, p20-p21
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(5)endogenous bias preference用 Q2 payoff 排序判断 sender 与 receiver 是否偏好更小 bias。Lecture 3, p18-p22
PS4 Q3 Cheap Talk with Non-Uniform State DistributionQ3(1)non-uniform distribution 下两 interval equilibrium把 receiver action 改成 conditional mean under F(x)=x^rho,再写边界类型无差异。Lecture 3, p15-p21
PS4 Q3 Cheap Talk with Non-Uniform State DistributionQ3(2)n interval generalization对每个 interval 计算 conditional mean,逐段施加相邻边界 indifference 与存在条件。Lecture 3, p15-p21
PS5 Q1 ReputationQ1(a)complete-information sequential bargaining类型已知时做 backward induction;rational seller 与 behavioral seller 分开求 buyer offer。Lecture 1, p30-p40; Lecture 3, p23-p25
PS5 Q1 ReputationQ1(b)no history observation 的 weak PBE因每期 buyer belief 不随历史更新,逐期按 prior 最优报价并验证 seller 接受规则。Lecture 3, p23-p31
PS5 Q1 ReputationQ1(c)reputation beliefs and buyer optimal offer用给定 belief-consistency rule 更新 rational posterior;比较 offer 0 和 offer 1 的 expected payoff。Lecture 3, p23-p31; Lecture 1, p36-p40
PS5 Q1 ReputationQ1(d)two-price restriction and weak PBE existencep in {0,1} 下逐个候选 equilibrium 验证 sequential rationality 与 beliefs consistency。Lecture 3, p27-p31
PS5 Q2 Positive SelectionQ2(a)positive selectionr(theta) strictly decreasing,高类型更愿意进入劳动市场;用 participation set 单调性证明。Lecture 4, p4-p11
PS5 Q2 Positive SelectionQ2(b)competitive equilibrium efficiency当所有类型在 firm 的 product 高于 outside option 时,市场进入选择不会排除有效交易。Lecture 4, p5-p8
PS5 Q2 Positive SelectionQ2(c)excessive employment relative to Pareto optimum比较 competitive wage 条件与 planner 条件;positive selection 下雇佣边际类型可能社会价值为负。Lecture 4, p6-p11
PS5 Q3 Certification in Adverse SelectionQ3(a)adverse selection market equilibriumr(theta)=alpha thetatheta~U[0,2] 下求接受 employment 的 cutoff 与 zero-profit wage fixed point。Lecture 4, p4-p11
PS5 Q3 Certification in Adverse SelectionQ3(b)certification splits markets把 certified 与 uncertified workers 分成两个 pools,各自用 conditional mean productivity 定 wage。Lecture 4, p6-p11; Lecture 4, p12-p17
PS5 Q3 Certification in Adverse SelectionQ3(c)employment-maximizing certification threshold写出 employment measure as function of threshold,求使就业规模最大的 thetahatLecture 4, p8-p11
PS5 Q3 Certification in Adverse SelectionQ3(d)paid certification equilibrium加入 certification price 后,把 worker participation/certification incentive 与 firm zero profit 联立。Lecture 4, p12-p17
PS5 Q3 Certification in Adverse SelectionQ3(e)intermediary profit maximization写 intermediary demand for certification,最大化 price * certified massLecture 4, p12-p17
PS6 Q1 Limited LiabilityQ1(a)hidden action with limited liability写 principal 的 cost-minimization program:min expected wage subject to IC for H and s_i >= 0Lecture 5, p4-p5; Lecture 5, p12-p18
PS6 Q1 Limited LiabilityQ1(b)MLRP and bang-bang wage用 IC 的 likelihood-ratio representation;MLRP 说明把奖励集中在最高 outcome 最便宜。Lecture 5, p15-p18
PS6 Q2 Optimal Contract in Closed FormQ2(a)first-best effort choiceeffort 可合约时比较 high effort 的 expected output gain 与 effort cost;wage 只需满足 participation。Lecture 5, p6-p9
PS6 Q2 Optimal Contract in Closed FormQ2(b)moral hazard optimal wage写 IR 和 IC;通常令低 output wage 最低,高 output wage 提供 incentive spread。Lecture 5, p10-p20
PS6 Q2 Optimal Contract in Closed FormQ2(c)induce high effort condition比较 inducing high effort 的 profit 与 inducing low effort 的 profit,注意 incentive rent/risk cost。Lecture 5, p18-p20
PS6 Q2 Optimal Contract in Closed FormQ2(d)informativeness and comparative statics对 expected profit 关于 p1p0 比较静态;解释 signal informativeness 提高会降低激励成本。Lecture 5, p21-p23
PS6 Q2 Optimal Contract in Closed FormQ2(e)limited liability floor将 wage floor w(y)>=L 加入约束,检查原解是否违反;若违反则把低 output wage 设到 floor 并重算。Lecture 5, p15-p20
PS7 Q1 Uniformly Distributed ErrorsQ1(a)first-best contract with observable efforteffort 可观察时给 flat wage insurance,选择 effort 使 expected surplus 最大。Lecture 5, p6-p9; Lecture 5, p24-p28
PS7 Q1 Uniformly Distributed ErrorsQ1(b)full implementation despite hidden effort利用 uniform support shift 构造 wage schedule,让 output perfectly reveals effort interval 或让 IC 不扭曲。Lecture 5, p21-p24; Lecture 5, p24-p28
PS7 Q2 Simple Screening ExampleQ2(a)FOC and complementary slackness在两类型 screening Lagrangian 中对 qL,qH,pL,pH 求 FOC,并写 IC、IR、nonnegativity 的 slackness。Lecture 6, p6-p11
PS7 Q2 Simple Screening ExampleQ2(b)corner solution with qL=0thetaL < alphaH thetaHc'(0)=0,显式处理 qL>=0 binding,求 multipliers。Lecture 6, p8-p11
PS7 Q2 Simple Screening ExampleQ2(c)positive marginal cost at zeroc'(0)>0,重新判断 qL=0 的 FOC/KKT 条件,说明低类型 allocation 可能仍在角点但 multiplier 变化。Lecture 6, p8-p11
PS8 Q1 Taxation PrincipleQ1(a)monotonicity of price when allocation increases用 IC constraints 交叉相加,推出 allocation monotonicity 与 payment monotonicity。Lecture 6, p15-p18
PS8 Q1 Taxation PrincipleQ1(b)flat allocation implies flat paymentq(theta1)=q(theta2),双向 IC 夹逼得到 p(theta1)=p(theta2)Lecture 6, p15-p18
PS8 Q1 Taxation PrincipleQ1(c)Taxation Principle把 direct mechanism outcome 写成 nonlinear price schedule P(q),说明 truthful choice 等价于从菜单中自选。Lecture 6, p12-p18
PS8 Q2 Optimal Mechanism in Closed FormQ2(a)continuum screening under uniform distribution计算 virtual value Psi(theta)=theta-(1-F)/f;regular case 下令 c'(q)=Psi(theta) 并用 envelope formula 求 payment。Lecture 6, p15-p23
PS8 Q2 Optimal Mechanism in Closed FormQ2(b)non-uniform density and ironing check分段计算 Ff、virtual value;检查 monotonicity,若不 regular 则识别 ironing 区间。Lecture 6, p21-p23
PS9 Q1 Computing Equilibria in AuctionsQ1(1)first-price variant with probabilistic allocation不用 revenue equivalence;直接写 value v bidder 的 expected payoff,FOC 解 symmetric bidding,再算 expected revenue。Lecture 7, p4-p5; Lecture 7, p9-p11
PS9 Q1 Computing Equilibria in AuctionsQ1(2)all-pay auction equilibrium直接最大化 all-pay payoff;也可用 revenue equivalence 作检查,但题目要求不能用它来求 bidding strategy。Lecture 7, p5; Lecture 7, p18-p20
PS9 Q1 Computing Equilibria in AuctionsQ1(3)losers-pay auction equilibrium写出赢时不付、输时付 bid 的 expected payoff;用 FOC 解对称递增 bid,再计算 revenue。Lecture 7, p5-p6; Lecture 7, p9-p11
PS9 Q2 Constructing Direct MechanismsQ2revelation principle and implementation固定原 auction equilibrium strategy,把报告 value 映射成原机制中的 equilibrium bid,定义同 allocation 的 direct mechanism。Lecture 7, p12-p18
PS9 Q3 Revenue Equivalence in Mixed AuctionQ3revenue equivalence and mixed first/second price写 bidder expected payment 为 alpha*b(v)+(1-alpha)*E[second bid conditional win],令其等于标准 efficient auction payment。Lecture 7, p9-p11; Lecture 7, p18-p20
PS9 Q4 Revenue in Second-Price AuctionQ4(a)order statistics and reserve revenue分解 revenue 为 reserve binds 与 second-highest binds 两项;用 uniform order statistic density 积分。Lecture 7, p7-p8; Lecture 7, p21-p24
PS9 Q4 Revenue in Second-Price AuctionQ4(b)Myerson optimal reserve对 revenue expression 求 FOC;验证 reserve solves virtual value phi(r)=0Lecture 7, p21-p24

反思与复盘空表

题目题号我的反思下次重做策略复盘日期
PS1 Q1 Cournot Game with Private CostsQ1(a)
PS1 Q1 Cournot Game with Private CostsQ1(b)
PS1 Q1 Cournot Game with Private CostsQ1(c)
PS1 Q2 PurificationQ2(a)要巧妙地构造一个 indifferent threshold
PS1 Q2 PurificationQ2(b)这道题的本质是在启示:本来这种 table,是存在两个 Pure NE 和一个 mixed,这道题就是让你证明当 的时候,是只有 Mixed 的。内涵的一个思想是:
PS1 Q2 PurificationQ2(c)当背景故事听即可,考试应该不会考
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(a)遇到这种问题(尤其是作为第一小问)不应该太紧张,不需要算概率,只需要分情况讨论即可(把不同的条件写出来)
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(b)拍卖理论中的通用技巧

> 当对手使用单调策略时,获胜条件可以从”出价比较”等价转化为”类型比较”。

原因很简单:如果σ2\sigma_2 σ2​严格递增,那么出价高 等同于 类型高。比较出价就等于比较类型。
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(c)条件期望定义。
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(d)
PS1 Q3 First-Price Sealed-Bid Auction with Common ValuesQ3(e)
PS2 Q1 Global GamesQ1(a)
PS2 Q1 Global GamesQ1(b)
PS2 Q1 Global GamesQ1(c)
PS2 Q2 Disclosure GameQ2题目本身没有那么复杂,重要的是搞明白 wPBE 的三个步骤:先猜后验,然后 off-path 合法;所有的有正概率采取的行动都得过 Bayesian。
PS3 Q1 Spence SignallingQ1(1)
PS3 Q1 Spence SignallingQ1(2)
PS3 Q1 Spence SignallingQ1(3)
PS3 Q1 Spence SignallingQ1(4)
PS3 Q2 Partial Pooling in Spence SignallingQ2(a)
PS3 Q2 Partial Pooling in Spence SignallingQ2(b)
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(1)
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(2)
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(3)
PS3 Q3 Mixed Strategies in Beer and QuicheQ3(4)
PS4 Q1 Characterizing Interval Equilibria in Cheap TalkQ1
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(1)
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(2)
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(3)
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(4)
PS4 Q2 Ex-Ante Payoffs in Cheap Talk EquilibriaQ2(5)
PS4 Q3 Cheap Talk with Non-Uniform State DistributionQ3(1)
PS4 Q3 Cheap Talk with Non-Uniform State DistributionQ3(2)
PS5 Q1 ReputationQ1(a)
PS5 Q1 ReputationQ1(b)
PS5 Q1 ReputationQ1(c)
PS5 Q1 ReputationQ1(d)
PS5 Q2 Positive SelectionQ2(a)
PS5 Q2 Positive SelectionQ2(b)
PS5 Q2 Positive SelectionQ2(c)
PS5 Q3 Certification in Adverse SelectionQ3(a)
PS5 Q3 Certification in Adverse SelectionQ3(b)
PS5 Q3 Certification in Adverse SelectionQ3(c)
PS5 Q3 Certification in Adverse SelectionQ3(d)
PS5 Q3 Certification in Adverse SelectionQ3(e)
PS6 Q1 Limited LiabilityQ1(a)
PS6 Q1 Limited LiabilityQ1(b)
PS6 Q2 Optimal Contract in Closed FormQ2(a)
PS6 Q2 Optimal Contract in Closed FormQ2(b)
PS6 Q2 Optimal Contract in Closed FormQ2(c)
PS6 Q2 Optimal Contract in Closed FormQ2(d)
PS6 Q2 Optimal Contract in Closed FormQ2(e)
PS7 Q1 Uniformly Distributed ErrorsQ1(a)
PS7 Q1 Uniformly Distributed ErrorsQ1(b)
PS7 Q2 Simple Screening ExampleQ2(a)
PS7 Q2 Simple Screening ExampleQ2(b)
PS7 Q2 Simple Screening ExampleQ2(c)
PS8 Q1 Taxation PrincipleQ1(a)
PS8 Q1 Taxation PrincipleQ1(b)
PS8 Q1 Taxation PrincipleQ1(c)
PS8 Q2 Optimal Mechanism in Closed FormQ2(a)
PS8 Q2 Optimal Mechanism in Closed FormQ2(b)
PS9 Q1 Computing Equilibria in AuctionsQ1(1)
PS9 Q1 Computing Equilibria in AuctionsQ1(2)
PS9 Q1 Computing Equilibria in AuctionsQ1(3)
PS9 Q2 Constructing Direct MechanismsQ2
PS9 Q3 Revenue Equivalence in Mixed AuctionQ3
PS9 Q4 Revenue in Second-Price AuctionQ4(a)
PS9 Q4 Revenue in Second-Price AuctionQ4(b)

公式自查:

条件期望定义: