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Economics Study Center (ESC) has organized a lecture by Professor Fahad Khalil on Thursday, 11 August, 2022. He is a Castor Professor at the Department of Economics, University of Washingto. He specializes in contract theory, game theory and industrial organization. Professor Khalil has given a lecture on the topic "An Introduction to the Theory of Incentives". In the lecture, he talked about the field of information economics, discussing about the various information asymmetries existing in various places, such as in auctions, insurance markets and while tipping in restaurants.
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