RMI 4150 - Theory of Risk

3 Credit Hours

Prerequisites: ECON 2106.
Corequisites: None.
Pre/Corequisites: None.
Requirements: Must meet RCB upper division course requirements and 45 semester hours.

Description
This course will cover the microeconomic theory of decision making for risk-averse individuals and for corporations. The course also provides an introduction to models of adverse selection and moral hazard so students will understand the basics of risk sharing contracts in the presence of various information environments.