II.
SEGMENT #2: Expectations and Incomplete Information In
General Equilibrium
III.
SEGMENT #3: Micro-Economic Theory of Institutions and Its Applications
IV.
SEGMENT #4: Social Interactions
V.
SEGMENT #5: Interregional Competition in Public Economics
I. SEGMENT #1: General Equilibrium Models: Applications and Algorithms
ORGANIZED BY:
Curtis Eaves and Karl Schmedders, Operations Research
Department
DATE: July 7 -
11 , 1997
MONDAY 7
JULY
TIME: 11:00 -
12:15 P.M.
SPEAKER: Pedro
Noyola - SAI Law and
Economics
TITLE: "A
General Equilibrium Analysis of Trade Reform in
TIME: 2:00 -
3:15 P.M.
SPEAKER: David
Chang -
TITLE: "Solving
Large-Scale Intertemporal CGE
Models with Decomposition Methods"
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Michael Ferris -
TITLE: "A
Pathsearch Damped
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Kenneth Judd -
TITLE: "Solving
Large Rational Expectations Models"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Jean-Charles Rochet - GREMAQ-IDEI
TITLE: "Computation
and Estimation of Optimal Non-Linear Prices"
TIME: 9:30 -
10:45 A.M.
SPEAKER: Anna Nagurney -
TITLE: "Dynamic
Multi-Sector, Multi-Instrument Financial Networks with Futures: Modeling and Computation"
TIME: 11:00 -
12:15 P.M.
SPEAKER: P.
Jean-Jacques Herings -
TITLE: "The
Transition from a Dreze
Equilibrium to a Walrasian Equilibrium"
TIME: 9:30 -
12:00 P.M.
SPEAKER: Mordecai
Kurz and Stan Black -
TITLE: "Computing
Rational Belief Equilibria with Financial
Assets"
TIME: 2:30 -
3:45 P.M.
SPEAKER: Karl Schmedders -
TITLE: "Computing
Equilibria in Stochastic Finance Economies"
II. SEGMENT #2: Expectations and Incomplete Information in General
Equilibrium
ORGANIZED BY:
Mordecai Kurz, Department of Economics
DATE: July 14
- 25 , 1997
MONDAY 14
JULY
TIME: 9:30 - 10:45
A.M.
SPEAKER:
William Brock -
TITLE: "Evolutive Dynamics, Social Interaction and
Econometrics"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Cars Hommes -
TITLE: "Consistent
Expectations Equilibria"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Alvaro Sandroni - Northwestern University
TITLE: "Persistent
Market Crashes in Frictionless Economies with No Instrinsic
Uncertainty"
TIME: 9:30 -
10:45 A.M.
SPEAKER: Mark Garmaise -
TITLE: "Security
Design and Endogenous Uncertainty"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Ho-Mou Wu -
TITLE: "Speculation
with Rational Beliefs"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Carsten Nielsen -
TITLE: "Sun-Spot
Rational Belief Structures: Anonymity and Endogenous Uncertainty"
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Mordecai Kurz -
TITLE: "On
the Structure of the Equity Premium"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Christina Shannon -
TITLE: "Stability
and Comparative Statics in Walrasian
Models"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Felix
Kubler -
TITLE: "Investigating
Generalizations of Expected Utility Theory Using Market Data"
TIME: 9:30 -
10:45 A.M.
SPEAKER: Susan
Snyder - Virginia Polytechnic Institute
TITLE: "Non-Parametric
Test of Household Behavior"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Kenneth Judd -
TITLE: "Computing
Equilibria in Infinite Horizon Economies with
Incomplete Markets"
TIME: 9:30 -
10:45 A.M.
SPEAKER: P.
Jean-Jacques Herings -
TITLE: "Continua
of Underemployment Equilibria Reflecting Coordination
Failures, also at Walrasian Prices"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Ross
Starr -
TITLE: "Monetary
Equilibrium in Pairwise Trade with Transaction
Costs"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Kenneth Arrow -
TITLE: "On
Sequence Economies, Transactions Cost and Uncertainty"
MONDAY 21
JULY
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Alberto Bisin - DELTA-ens
TITLE: "General
Equilibrium with Asymmetric Information"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Michael Magill -
TITLE: "Moral
Hazard and Stock Market Equilibrium"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Marcos Lisboa -
TITLE: "Do
Liquidity Constraints Matter for Ricardian
Equivalence?"
TIME: 9:30 -
10:45 A.M.
SPEAKER: Jan
Werner -
TITLE: "Valuation
Bubbles and Sequential Bubbles"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
William Zame -
TITLE: "Does
Market Incompleteness Matter?"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Enrico Minelli - Universita' di Brescia
TITLE: "Information
at a Competitive Equilibrium"
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Stephen Spear - Carnegie-
TITLE: "Shaking
the Tree: An Agency Theoretic Model of Asset Pricing"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Jayasri Dutta -
TITLE: "On
Intermediation and Enforcement"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Stefan Krasa -
TITLE: "Efficiency
Notions in Exchange Economies with Incomplete Information"
TIME: 9:30 -
10:15 A.M.
SPEAKER: C.D. Aliprantis - IUPUI
TITLE: "Separable
Utility Functions"
TIME: 10:15 -
11:00 A.M.
SPEAKER:
Nicholas Yannelis -
TITLE: "Existence
of Equilibrium in Bayesian Games with Infinitely Many Players"
TIME: 11:15 -
12:30 P.M.
SPEAKER: Rajiv
Vohra -
TITLE: "Incomplete
Information, Incentive Compatibility and the Core"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Patrick Rey - Universite
Toulouse I
TITLE: "Moral
Hazard and Unemployment in Competitive Equilibrium"
TIME: 9:30 -
10:45 A.M.
SPEAKER: Karl Vind -
TITLE: "Von
Neuman Morgenstern Preferences"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Walter
Heller -
TITLE: "Is
Perfect Price Discrimination Really Efficient: Welfare and Existence in General
Equilibrium"
III. SEGMENT #3: Micro-Economic Theory of Institutions and Its
Applications
ORGANIZED BY: Avner Greif, Department of Economics
DATE: July 28
- August 1, 1997
MONDAY 28
JULY
TIME: 9:30 -
10:15 A.M.
SPEAKER: Zvika Neeman -
TITLE: "The
Scope of Voluntary Bargaining under Asymmetric Information"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Charles Holt -
TITLE: "Stochastic
Game Theory: Evolution and Equilibrium with Bounded Rationality"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Andrew Postlewaite -
TITLE: "The
Social Basis for Interdependent Preferences"
TUESDAY 29
JULY
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Rachel Kranton -
TITLE: "Buyer-Supplier
Networks"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Curtis
Taylor -
TITLE: "The
Old-Boy Network and the Young-Gun Effect"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Ilya Segal -
TITLE: "Exclusive
Dealing and Specific Investment"
WEDNESDAY
30 JULY
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Jonathan Bendor -
TITLE: "The
Evolution of Norms"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Samuel Bowles -
TITLE: "Markets
as Cultural Institutions: Equilibrium Norms in Competitive Economies"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Peyton Young -
TITLE: "The
Evolution of Contracts"
THURSDAY 31
JULY
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Andrew Newman -
TITLE: "Competing
for Ownership"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Chiaki
Moriguchi -
TITLE: "The
Evolution of Employment Relations and Labor Legislation"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Paul
Milgrom -
TITLE: "Theoretical
and Practical Aspects of Auction Design"
FRIDAY 1
AUGUST
TIME: 9:30 -
10:45 A.M.
SPEAKER: Chris
Sanchirico -
TITLE: "Enforcement
by Hearing"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Noriyuki Yanagawa -
TITLE: "Limited
Knowledge of Courts and Optimal Organization Structure"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Joel
Watson -
TITLE: "Opportunism
and Mediation"
IV. SEGMENT #4: Social Interactions
DATE: August 4
- 7, 1997
TUESDAY 5
AUGUST
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Morgan Kelly -
TITLE: "Labour Market Networks, Underclasses,
and Inequality"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Curtis Taylor -
TITLE: "The
Old-Boy Network and the Young-Gun Effect"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Ann
Bell -
TITLE: "Bilateral
Trading on a Network: Convergence and Optimality Results"
WEDNESDAY 6
AUGUST
TIME: 9:30 -
10:45 A.M.
SPEAKER:
In-Koo Cho -
TITLE: "Learning
to Coordinate in Repeated Games"
TIME: 11:00 -
12:15 P.M.
SPEAKER: Joel
Watson -
TITLE: "Starting
Small and Renegotiation"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
TITLE: "A
Dynamic Model of Keynesian Coordination Failure"
THURSDAY 7
AUGUST
TIME: 9:30 -
10:45 A.M.
SPEAKER:
Nicholas Economides -
TITLE: "The
Economics of Networks"
TIME: 11:00 -
12:15 P.M.
SPEAKER:
Giorgio Topa -
TITLE: "Social
Interactions, Local Spillovers and Unemployment"
TIME: 2:00 -
3:15 P.M.
SPEAKER: Thorsten Hens -
TITLE: "An
Evolutionary Approach to Financial Innovation"
V. SEGMENT #5: Interregional Competition in Public Economics
DATE: August
11 - 15, 1997
MONDAY 11
AUGUST
TIME: 9:00 -
10:15 A.M.
SPEAKER: Oscar
Volij -
TITLE: "Formation
of Nations in a Welfare State Minded World"
TIME: 10:45 -
12:00 P.M.
SPEAKER:
Thomas Palfrey - California Institute of Technology
TITLE: "Political
Confederation"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Suzanne Scotchmer -
TITLE: "Constitutional
Rules of Exclusion in Jurisdiction Formation"
TIME: 3:30 -
5:00 P.M.
SPEAKER:
Jonathan Hamilton -
TITLE: "Decentralization
Allocation and Distribution by Separation with Information Transfers"
TUESDAY 12
AUGUST
TIME: 9:00 -
10:15 A.M.
SPEAKER:
Marcus Berliant -
TITLE: "Local
Public Goods and Clubs: A Unified Theory of First Best"
TIME: 10:45 -
12:00 P.M.
SPEAKER: John
Conley -
TITLE: "Tiebout Economies with Differential Genetic Types and
Endogenously
TIME: 2:00 -
3:15 P.M.
SPEAKER: Hideo
Konishi - Southern
TITLE: "Equilibrium
in a Finite Local Public Goods Economy"
TIME: 3:30 -
4:45 P.M.
SPEAKER:
William Hoyt -
TITLE: "Public
Goods as Screening Mechanisms"
WEDNESDAY
13 AUGUST
TIME: 9:00 -
10:15 A.M.
SPEAKER: David
Wildasin -
TITLE: "Externalities
and Bailouts: Hard and Soft Budget Constraints in Intergovernmental Fiscal
Relations"
TIME: 10:45 -
12:00 P.M.
SPEAKER: Jan Brueckner -
TITLE: "Fiscal
Federalism and Capital Accumulation"
THURSDAY 14
AUGUST
TIME: 9:00 -
10:15 A.M.
SPEAKER: Scott
Page - California Institute of Technology
TITLE: "On
the Possibilities of States as Policy Laboratories"
TIME: 10:45 -
12:00 P.M.
SPEAKER:
Gordon Myers -
TITLE: "Immigration
Control and the Welfare State"
TIME: 2:00 -
3:15 P.M.
SPEAKER:
Laurent Martin -
TITLE: "Bidding
for Firms: An Asymmetric Auction Model of Interjurisdictional
Competition"
FRIDAY 15
AUGUST
TIME: 9:00 -
10:15 A.M.
SPEAKER: Sam Bucovetsky -
TITLE: "The
Advantages of Regional Disparities"
TIME: 10:45 -
12:00 P.M.
SPEAKER: Anke Kessler and Nico Hansen -
TITLE: "The
Political Geography of Tax H(e)avens
and Tax Hells"