Dynamic Models in Economics

(04 Jun 2018–03 Aug 2018)

Description

(4–22 Jun 2018 & 2 Jul–3 Aug 2018)

Organizing Committee

Co-chairs

Members

  • Wei He (The Chinese University of Hong Kong)
  • Xiao Luo (National University of Singapore)
  • Yifei Sun (University of International Business and Economics)

Contact Information

General Enquiries: ims(AT)nus.edu.sg
Scientific Aspects Enquiries: ynsun(AT)nus.edu.sg

Overview

In real life situations, most decisions are made in a dynamic context in the sense that multi-period decisions influence the final outcomes. The games of “chess” and “go” are simple examples. The main aim of this program is to study game theory, mechanism design and matching in a dynamic context. First, for dynamic games with complete or incomplete information, while much is known for the case of finitely many actions, extensions to the case with infinite actions or with uncertainty are often considerably more difficult and some of them remain unsolved. Second, as a sort of reverse game theory, mechanism design aims to design particular games to achieve efficient outcomes or to maximize the revenues. A typical example is auction. To consider mechanism design in dynamic environments, novel tools beyond those used in the static problems need to be developed. Third, matching theory describes the formation of mutually beneficial relationships such as trading partnership, job placement and marriage. The evolution of such relationships over time plays an important role in various models and much remains to be explored

Activities

For full details of the program, please click here.

  • Workshop on Game Theory, 4–8 June 2018
  • Econometric Society Summer School 2018, 15–19 June 2018
  • Workshop on Mechanism Design, 9–13 July 2018
  • Workshop on Matching, Search and Market Design, 23–27 July 2018
  • Public Lecture: 24 July 2018, 6:30pm–7:30pm
    Introduction to Market Design
    Fuhito Kojima, Stanford University, USA
    Venue: NUS University Town, Global Learning Room, 2 College Avenue West, Stephen Riady Centre, Singapore 138607
  • IMS Distinguished Visitor Lecture Series
    • Darrell Duffie, Stanford University, USA
    • Philip J. Reny, The University of Chicago, USA
    • Yuliy Sannikov, Stanford University, USA

Venue:

  • IMS Auditorium
  • Blk AS7, #01-02 Auditorium, Shaw Foundation Building, NUS, 5 Arts Link, Singapore 117570 (12 July 2018, Afternoon Session)

Media

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