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CPSC 455 Economics and Computation

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Course Description: The CPSC 455 Economics and Computation course is basically mathematically rigorous study of economics and computer science interaction with an emphasis on the relationship between incentive compatibility and algorithm performance. Pay special attention to the formulation and solution of the design problems of data transmission networks and Internet commerce mechanisms. It is suitable for undergraduate and postgraduate first or second-year students with a mathematical orientation in computer science, economics, or closely related fields. Familiarity with basic computation theory and basic microeconomic theory is helpful but not a formal prerequisite. This course can not only meet the QR requirements but also serve as a core elective CS subject.

Economists have developed a rich and profound theory of personal behavior. Their model serves as a source of inspiration for the development of optimal rules for managing economic interactions under constrained incentives. In turn, computer scientists have developed a theory of computational thinking based on algorithms and complexity. The team works at the intersection of these two fields. When economics tells selfless people it can figure out an algorithm. Computer science provides a theory of complexity and approximation that imposes realistic constraints on the solution space and weakens the metrics we use to evaluate them. These interdisciplinary researchers can work together to design and create markets and platforms with reliable and socially desirable characteristics.

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