Events
Week of Events
Monday Lunch Seminars Kyle Woodward (UNC)
Monday Lunch Seminars Kyle Woodward (UNC)
"Uniform Price Auctions with a Last Accepted Bid Pricing Rule" abstract We model multi-unit auctions in which bidders' valuations are multidimensional private information. We show that the last accepted bid uniform-pricing rule admits a unique equilibrium with a simple characterization; in comparison, the commonly-studied first rejected bid uniform-pricing rule admits many equilibria, many of which…
Seminars in Economics Wilbert Van Der Klaauw (Federal Reserve Bank New York)
Seminars in Economics Wilbert Van Der Klaauw (Federal Reserve Bank New York)
"Echoes of Rising Tuition in Students’ Borrowing, Educational Attainment, and Homeownership in Post-Recession America" Abstract State average enrollment-weighted public college tuition and fees per school year rose by $3,843 (or 81 percent) between 2001 and 2009. How are recent cohorts absorbing this surge in college costs, and what effect is it having on their post-schooling…
Seminars in Economics Steven Callander (Stanford Graduate School of Business)
Seminars in Economics Steven Callander (Stanford Graduate School of Business)
"Communication in a Complicated World" Abstract A layperson seeks advice from an expert about a decision he has to make. The expert is privately informed about the mapping from feasible decisions to outcomes, which takes the form of a realization of a Brownian motion with drift. For each decision, the expert has a hard piece…
Occasional Seminars Allievi Defense Session
Occasional Seminars Allievi Defense Session
SENIOR DEFENSES 09.30 Gianluca SalvaraniTitle: Home decisions and peer effect 10.15 Jacopo Tozzo Title: APP effects on Eurozone countries 11.00 Riccardo BattistonTitle: Employees and employers: evidence of a complex marriage 11.45 Alice Cortese Title: The power of jury verdicts under strategic voting. Simulation of a jury voting decision.