中文课程简介

本课程涉及到金融市场的信息不对称问题，内容上以理论为主，包含两部分，一是工具；二是应用。首先，要回顾竞争性理性预期模型和战略市场秩序模型，这些模型是分析现代金融市场各种现象的重要工具；然后，本课程将推出基于理论模型的应用，比如内幕交易，对冲基金，高频交易，分析家，政府干涉与管制，披露，数据价值和买卖等。本课程中涉及到的分析工具和思维将有助于理解现代大数据经济中出现的新问题。

英文课程简介

This short course summarizes some key contributions in the literature of asymmetric information in financial markets. The subject matter for the course will be mostly theoretical. The course consists of two parts, i.e., tools and applications. First, it overviews competitive rational expectation models and strategic market order models, which are the basic tools for analyzing various phenomena in modern financial markets. Second, the course provides a variety of applications of the theories discussed, such as insider trading, hedge/mutual funds, high-frequency trading, analysts, government intervention and regulations, disclosure, and the value and sales of data. The tools and insights developed in this course can be readily applied to understanding many recent phenomena arising in the emerging data economy.