Issue No. 22/2014

Newsletter

Year:

2014

Issue No. 22.2014

News

Jean Tirole wins the Nobel prize in economic sciences

This year's Nobel prize in economic sciences goes to Prof. Jean Tirole of Toulouse University in France for his microeconomic research investigating how large firms should be regulated in order to prevent consumers being damaged by their monopolistic behaviour.

Handbook of Game Theory, 1st Edition

The ability to understand and predict behavior in strategic situations, in which an individual’s success in making choices depends on the choices of others, has been the domain of game theory since the 1950s. Developing the theories at the heart of game theory has resulted in 8 Nobel Prizes and insights that researchers in many fields continue to develop. In Volume 4, top scholars synthesize and analyze mainstream scholarship on games and economic behavior, providing an updated account of developments in game theory since the 2002 publication of Volume 3, which only covers work through the mid 1990s.

Events

20th Coalition Theory Network Workshop

Venice, Italy, 19 March 2015 to 20 March 2015

Fondazione Eni Enrico Mattei is honoured to host the 20th Coalition Theory Network Workshop. The Workshop will be mainly devoted to the theoretical and empirical analysis of networks and groups.

Call deadline: 15 December 2014

8th Seminar Ordered Structures in Games and Decisions

Paris, France, 7 November 2014
The aim of the OSGAD seminar is to gather scientists from different fields but sharing the same mathematical concepts or techniques, as it happens, ordered structures, combinatorial structures and polyhedra.

2nd NES CSDSI winter school: "Impact of Cultural and Social Diversity on the Economic Development"

Suzdal, Russia, 8 December 2014 to 13 December 2014
The Winter School on "Impact of Cultural and Social Diversity on the Economic Development" is organised by NES Center for the Study of Diversity and Social Interactions and will be held in Suzdal (Vladimirskaya oblast) from 8 till 13 of December 2014.

Call deadline: 14 October 2014

9th Workshop on Economic Design and Institutions

Brussels, Belgium, 5 December 2014
The Belgian Coalition Theory Network (bctn), the local branch of the Coalition Theory Network, announce the 9th annual workshop on Economic Design and Institutions. The objective of the workshop is to bring together researchers who are applying game theory to analyzing, designing, and assessing the performance of institutions.

Call deadline: 25 November 2014

Winter School and Workshop on Networks in Economics and Finance

Louvain-la-Neuve, Belgium, 1 December 2014 to 5 December 2014
During the past decade, both academics and policymakers have recognised the importance of studying interconnectedness and complexity. The objective of the winter school and the workshop is to assess recent progress made in the application of networks for modelling economic and financial systems.

Call deadline: 01 November 2014

CTN Publications

Influencing the influencers: Marketing Strategies and Social Networks

Andrea Galeotti
The growth of the Internet and assorted technologies has made it possible to collect and process detailed information on social networks. Practical interest has centered on a number of questions: a. How can firms harness the power of social networks to promote their goals? ...
Tags:Trade Theory, Network Formation

Sequential Voting and Agenda Manipulation

Salvador Barberà, Anke Geber
We provide characterizations of the set of outcomes that can be achieved by agenda manipulation for two prominent sequential voting procedures, the amendment and the successive procedure. Tournaments and super-majority voting with arbitrary quota q are special cases of the general sequential voting games we consider. We show that when using the same quota, both procedures are non-manipulable on the same set of preference profiles, and that the size of this set is maximized under simple majority…

Tags: Social Choice

On Doping And Recovery

Sebastian Bervoets, Bruno Decreuse, Mathieu Faure
This paper provides a game-theoretical analysis of the use by athletes of performance-enhancing drugs. We focus on a two-player game where players are heterogeneous and performances are subject to uncertainty. While the standard setup assumes these drugs increase maximum performances, we assume that they also increase the probability that a given athlete competes at his best possible level...

Tags: Game Theory & Graphs

Whom are you talking with ? An experiment on credibility and communication structure

Gilles Grandjean, Marco Mantovani, Ana Mauleon and Vincent Vannetelbosch
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked equilibria, where a pair of agents has a profitable joint deviation from the Pareto-dominant equilibrium. According to our analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is public...

Tags: Experiments, Social Choice

E-participation: Social Capital and the Internet

Fabio Sabatini, Francesco Sarracino
Studies in the social capital literature have documented two stylised facts: first, a decline in measures of social participation has occurred in many OECD countries. Second, and more recently, the success of social networking sites (SNSs) has resulted in a steep rise in online social participation. Our study adds to this body of research by conducting the first empirical assessment of how online networking affects two economically relevant aspects of social capital, i.e. trust and sociability…

Tags: Network Formation, Social Choice

Stability of networks under level-k farsightedness

P.J.J. Herings, A. Mauleon, V. Vannetelbosch
We provide a tractable concept that can be used to study the influence of the degree of farsightedness on network stability. A set of networks GK is a level-K farsightedly stable set if three conditions are satisfied. First, external deviations should be deterred. Second, from any network outside of GK there is a sequence of farsighted improving paths of length smaller than or equal to K leading to some network in GK. Third, there is no proper subset of GK satisfying the first two conditions…

Tags: Bargaining Theory, Game Theory & Graphs, Social Choice

Separating equilibrium in quasi-linear signaling games

Rudolf Müller, Dries Vermeulen
Using a network approach we provide a characterization of a separating equilibrium for standard signaling games where the senders payoff function is quasi-linear. Given a strategy of the sender, we construct a network where the node set and the length between two nodes are the set of the senders type and the difference of signaling costs, respectively. Construction of a separating equilibrium is then equivalent to constructing the length between two nodes in the network under the condition that the response of the receiver is a node potential…

Tags: Game Theory & Graphs

Job vacancies

CORE Postdoctoral Fellowship in Econometrics

The Center for Operations Research and Econometrics of the Université catholique de Louvain is offering research fellowships in Econometrics, starting September 1st, 2015.

Submission deadline: 30 November 2014

Assistant professor in Economics with a specialization in econometrics

The Department of Economics at the University of Gothenburg, Sweden, will recruit an assistant professor in Economics, with a specialization in Econometrics, during 2015. This is a tenure track position, with expected start date in August 2015, or possibly earlier.

Submission deadline: 21 November 2014

Joint postdoc position at KIT and University of Strasbourg/BETA

The Postdoc position will be embedded in an international research group that deals with the economic implications of the interaction between human capital, creativity and innovation both along a theoretical and an empirical line. The applicant holds a PhD in Economics with a focus on innovation and growth, networks, and creativity issues.

Faculty position in Economics with a specialization in Econometrics

The Faculty of Business and Economics of the University of Lausanne invites applications for a full-time position as Full Professor or Assistant Professor (tenure track) in Microeconomics. The starting date is August 1st, 2015, or upon mutual agreement.

Submission deadline: 21 November 2014

Professor in Microeconomic Theory at KU Leuven

The Department of Economics (Center for Economic Studies) at KU Leuven (Belgium) invites applications for a full-time position as Professor in Microeconomic Theory, specialized in theoretical economic research with microeconomic applications. Expertise in the fields of law and economics or behavioral economics is an asset.