STANFORD INSTITUTE FOR THEORETICAL ECONOMICS

1993 SUMMER WORKSHOP PROGRAM

JULY 7 - AUGUST 12, 1993

 

 

TABLE OF CONTENTS:


 

I. SEGMENT #1: A Reconsideration of Values

II. SEGMENT #2: Game Theoretic and Equilibrium Approach to the Imperfection of Markets and Institutions

III. SEGMENT #3: Epistemic Foundations of Game Theory



I. SEGMENT #1: A Reconsideration of Values

ORGANIZED BY: Kenneth Arrow, Department of Economics

DATE: July 7 - 15 , 1993

WEDNESDAY 7 JULY

TIME: 2:00 - 3:00 P.M.

SPEAKER: Daniel McFadden - University of California at Berkeley


THURSDAY 8 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Ruqu Wang - Queen's University

TITLE: "Bargaining vs. Posted-Price Selling"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Mark Cronshaw - University of Colorado at Boulder

TITLE: "Permit Markets with Banking"


TUESDAY 13 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Vai-Lam Mui - University of Southern California

TITLE: "The Economics of Envy"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Joshua Gans - Stanford University

TITLE: "Impossibility of Rational Choice Under Incomplete Information"


WEDNESDAY 14 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Geoffrey Heal - Columbia University

TITLE: "Green Golden Rules (Valuing the Very Long Run)"


THURSDAY 15 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Charles Plott - California Institute of Technology

TITLE: "Confusion and Impulsiveness as Reflected in Laboratory Market Behavior"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Daniel Kahneman - University of California at Berkeley

TITLE: "Determinants of Stated Willingness to Pay for Public Goods: A Study in the Headline Method"

TIME: 2:00 - 3:00 P.M.

SPEAKER: James Andreoni - University of Wisconsin at Madison

TITLE: "Individual Values and Economic Behavior: When Can Fairness Overcome Free-Riding?"

TIME: 3:15 - 4:15 P.M.

SPEAKER: Graciela Chichilnisky - Columbia University

TITLE: "What is Sustainable Development"



II. SEGMENT #2: Game Theoretic and Equilibrium Approach to the Imperfection of Markets and Institutions

ORGANIZED BY: Masahiko Aoki, Department of Economics

DATE: July 20 - 29 , 1993




TUESDAY 20 JULY

TIME: 10:00 - 11:00 P.M.

SPEAKER: Andrew Postlewaite - The University of Pennsylvania

TITLE: "Bargaining and Investment in a Two-Sided Matching Model"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Lars A. Stole - University of Chicago and Jeff Zwiebel - Stanford University

TITLE: "Organizational Design and Technology Choice with Non-Binding Contracts"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Joseph Farrell - University of California at Berkeley

TITLE: "Order Statistics, Interface Standards, and Open Systems"

TIME: 3:15 - 4:15 P.M.

SPEAKER: David Gale - University of California at Berkeley

TITLE: "Inflation, Debt, and Growth"


WEDNESDAY 21 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Aki Matsui - University of Pennsylvania

TITLE: "The Specialization of Labor and Distribution of Income"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Ross Starr - University of California at San Diego

TITLE: "Liquidity of Secondary Capital Markets: Allocative Efficiency and the Maturity Composition of the Capital Stock"



THURSDAY 22 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: W. Bentley MacLeod - Universite de Montreal

TITLE: "Incomplete Contracts and Dual Economies"

TIME: 11:15 - 12:15 P.M.

SPEAKER: John Litwack & Yingyi Qian - Stanford University

TITLE: "Economic Transition Strategies: Fiscal Instability Can Favor Unbalanced Investment"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Richard Gilbert

TITLE: "An Equilibrium Theory of Rationing"

TIME: 3:15 - 4:15 P.M.

SPEAKER: Walter Heller - University of California at San Diego

TITLE: "Equilibrium Market Formation Causes Missing Markets"


TUESDAY 27 JULY

TIME: 10:00 - 11:00 P.M.

SPEAKER: Andrew Neuman -Northwestern University

TITLE: "Wealth Effects, Distribution, and the Theory of Organization"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Alvin Roth - University of Pittsburgh

TITLE: "Imperfections and Institutions Related to the Timing of Market Transactions"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Wolfgang Pesendorfer - Northwestern University

TITLE: "Design Innovation and Fashion Cycle"

TIME: 3:15 - 4:15 P.M.

SPEAKER: Eytan Sheshinski - The Hebrew University of Jerusalem

TITLE: "Privatization: The Breakup of Large Conglomerates"


WEDNESDAY 28 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Koichi Hamada - Yale University

TITLE: "Asymmetric Infomration and the Theory of International Capital Movements"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Ernst Ludwig von Thadden - Stanford University

TITLE: "Capital Structure with Multiple Investors"



THURSDAY 29 JULY

TIME: 10:00 - 11:00 A.M.

SPEAKER: Costas Azariadis - University of California at Los Angeles

TITLE: "Private Information, Money, and Growth"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Kenneth Judd - Stanford University

TITLE: "A General Analysis of Asset Market Equilibrium with Asymmetric Information"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Bruce Greenwald - Columbia University

TITLE: "The Role of Transfers and Expropriation in Macroeconomics"

TIME: 3:15 - 4:15 P.M.

SPEAKER: Mathias Dewatripont - Universite Libre de Bruxelles

TITLE: "The Prudential Regulation of Banks"

 

III. SEGMENT #3: Epistemic Foundations of Game Theory

ORGANIZED BY: Peter Hammond, Department of Economics

DATE: August 3 - 12, 1993

TUESDAY 3 AUGUST

TIME: 10:00 - 11:00 A.M.

SPEAKER: Adam Brandenburger - Harvard University

TITLE: "On Modelling Incomplete Information: Introduction"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Peter Hammond - Stanford University

TITLE: "Hierarchies of Information Partitions"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Stephen Morris - University of Pennsylvania

TITLE: "Risk Dominance and Stochastic Potential"

TIME: 3:15 - 4:15 P.M.

SPEAKER: Frank Hahn - Cambridge University

TITLE: "Equilibrium"


WEDNESDAY 4 AUGUST

TIME: 10:00 - 11:00 A.M.

SPEAKER: Philippe Jehiel - CERAS

TITLE: "Limited Forecasts and Stability in Alternate Games"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Cristina Bicchieri - The Hebrew University of Jerusalem

TITLE: "Game Theoretic Axioms for Local Rationality and Bounded Knowledge"


THURSDAY 5 AUGUST

TIME: 10:00 - 11:00 A.M.

SPEAKER: Dov Samet - Tel Aviv University

TITLE: "A Syntactic Model of Interactive Beliefs"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Itzhak Gilboa - Northwestern University

TITLE: "Hempel, Good, and Bayes"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Philip Reny - University of Wisconsin at Madison

TITLE: "An Interpretation of Consistent Assessments"


TUESDAY 10 AUGUST

TIME: 10:00 - 11:00 A.M.

SPEAKER: Yaw Nyarko - New York University

TITLE: "The Savage Bayesian-Foundations of Game Theory"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Elchanan Ben-Porath - Tel-Aviv University

TITLE: "Rationality, Nash Equilibrium, and Backward Induction in Perfect Information Games"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Giacomo Bonanno - University of California at Davis

TITLE: "Nash versus Subgame Perfect Equilibrium: The Role of Information"

TIME: 3:15 - 4:15 P.M.

SPEAKER: Harborne Stuart - Harvard University

TITLE: "The Finitely Repeated Prisoner's Dilemma: An Interactive, Decision Theoretic Approach"


WEDNESDAY 11 AUGUST

TIME: 10:00 - 11:00 A.M.

SPEAKER: Robert Stalnaker - Massachusetts Institute of Technology

TITLE: "Knowledge, Belief, and Counterfactual Reasoning in Games"


THURSDAY 12 AUGUST

TIME: 10:00 - 11:00 A.M.

SPEAKER: Luca Anderlini - St. John's College

TITLE: "Evolution of Boundedly Rational Rules"

TIME: 11:15 - 12:15 P.M.

SPEAKER: Uday Rajan - Stanford University

TITLE: "Non-Archimedean Probabilities in Game Theory"

TIME: 2:00 - 3:00 P.M.

SPEAKER: Robert Aumann - The Hebrew University of Jerusalem

TITLE: "Backwards Induction and Common Knowledge of Rationality"

 

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