Events
Interdisciplinary Workshop on Machine Learning and AI
Join the LAMBDA Research Centre for an interdisciplinary workshop on 'Machine Learning and AI’ exploring how the latest advances in machine learning are transforming decision-making and addressing complex real-world issues.
- Date: Friday 15 November
- Time: 10.15am - 4.30pm
- Place: Sherrington Building, Lecture Theatre 1
Find out more and book your place
Postgraduate Online Open Week - Economics PhD programme webinar
With Director of Studies, Dr Balazs Murakozy.
- Date: Monday 18 November
- Time: 12-1pm
Postgraduate Online Open Week - Economics Master's programmes webinar
With Postgraduate Teaching Lead, Professor Ian Burn.
- Date: Monday 18 November
- Time: 1-2pm
Past events in 2024
24-25 June 2024 - WORKSHOP: Text-as-Data in Economics
13-14 June 2024 - WORKSHOP: The Liverpool Workshop on Macroeconomics
7 June 2024 - ROUNDTABLE - LAMBDA Research Cluster: AI: Benefits and Challenges for Business
22 April 2024 - WORKSHOP - LAMBDA Research Cluster: Machine Learning and High-Dimensional Data Analysis
Seminars
Our group regularly organises seminar series with prominent international speakers, to present their latest research and ideas in economics:
Wednesday 13 November 2024
Collusive Behaviour, Efficiency and Cheap Talk Negotiation in Repeated Games
- Speaker: Professor Hamid Sabourian, University of Cambridge (England)
- Open to: ECON Group staff and students, with no sign up needed
- Time: 2 pm
- In person: 502 TR-4
Abstract
This paper addresses the relationship between cheap talk communication/negotiation and collusion/efficiency in repeated games by explicitly modelling the negotiation process.
Specifically, we consider a standard infinitely repeated game of complete information with perfect monitoring satisfying the following:
At each date, first players negotiate/bargain over how to play the infinite horizon continuation game and second, after the negotiation has ended, they play the stage game actions.
Negotiation is cheap talk.
We restrict the analysis to equilibria that are measurable with respect to players' latest agreement.
The justification for this is that latest agreements are salient features of the past (they are focal points).
We show that the equilibrium set includes a `babbling' equilibrium that induces a Nash equilibrium of the one-shot games, no equilibrium payoff is Pareto dominated by a Nash equilibrium payoff of the one-shot game and the equilibrium payoff set is weakly renegotiation-proof (Bernhein-Ray 1987 and Farrell-Maskin 1987).
Our main results are: in the limit as the discount factor tend to 1, (i) every equilibrium payoff is either babbling or efficient and (ii) a non-babbling efficient equilibrium exists for many class of games.
Wednesday 20 November 2024
- Speaker: Professor Peter Dolton, University of Sussex (England)
- Open to: ECON Group staff and students, with no sign up needed
- Time: 2 pm
- In person: room TBC
Friday 22 November 2024
- Speaker: Professor Leah Boustan, Princeton University (US)
- Open to: ECON Group staff and students, with no sign up needed
- Time: 2 pm
- In person: room TBC
Wednesday 27 November 2024
- Speaker: Professor Christian Brownlees, UPF (Spain)
- Open to: ECON Group staff and students, with no sign up needed
- Time: 2 pm
- In person: room TBC
Past seminars
2024
Zero Lower Bound on Inflation Expectations
- Professor Dmitriy Sergeyev, Bocconi University (Italy)
- 6 November 2024
The information matrix test for Gaussian mixtures
- Professor Dante Amengual, CEMFI (Spain)
- 30 October 2024
Using Covariates to Improve the Efficacy of CUSUM Bubble Monitoring Procedures
- Professor Robert Taylor, University of Essex (England)
- 23 October 2024
Political Preferences and the Transport Infrastructure: Evidence from California's High-Speed Rail
- Professor Edouard Schaal, CREI (Spain)
- 16 October 2024
Dividing a Commons with Tight Guarantees
- Professor Herve Moulin, Adam Smith Business School, University of Glasgow (Scotland)
- 9 October 2024
PCF-GAN: generating sequential data via the characteristic function of measures on the path space
- Professor Hao Ni, University College London (England)
- 2 October 2024
Urbanization, Structural Transformation and Rural-Urban Disparities in China and India
- Dr Viktoria Hnatkovska, University of British Columbia (Canada)
- 18 June 2024
Job Security and Liquid Wealth
- Dr Ana Figueiredo, Vrije Universiteit Amsterdam(Netherlands)
- 11 June 2024
Deliver Us from Crime? Online Platforms, Gig Jobs and Offending
- Professor Olivier Marie, Erasmus School of Economics (Netherlands)
- 22 May 2024
Sequential Monitoring for Changes in Dynamic Semiparametric Risk Models
- Dr Xiaohan Xue, University of Bath (Engand)
- 15 May 2024
Dynamic Deterrence of Police Patrolling
- Professor Giovanni Mastrobuoni, Collegio Carlo Alberto & University of Turin (Italy)
- 8 May 2024
Running Up that Hill: Fitness in the Face of Recession
- Professor Alex Bryson, University College London (Engand)
- 1 May 2024
Detection of a structural break in intraday volatility pattern
- Dr Shixuan Wang, University of Reading (Engand)
- 24 April 2024
We've Got You Covered: Employer and Employee Responses to Dobbs v. Jackson
- Dr Jason Sockin, IZA Berlin (Germany)
- 16 April 2024
The effects of sin taxes and advertising restrictions in a dynamic equilibrium
- Professor Rachel Griffith, University of Manchester (Engand)
- 13 March 2024
Monetary Policy and Endogenous Financial Crises
- Professor Fabrice Collard, Toulouse School of Economics (France0
- 6 March 2024
Inequality, Demand Composition, and the Transmission of Monetary Policy
- Dr Federica Romei, University of Oxford (Engand)
- 28 February 2024
Coherent Distorted Beliefs
- Professor Christopher Chambers, Georgetown University (US)
- 21 February 2024
Measurement, Measurement: How Well-Measured Business Income Affects Economic Inequality
- Professor Marco Francesconi, University of Essex (England)
- 7 February 2024
2023
Sectoral Labour Flows
- Professor Carlos Carrillo-Tudela, University of Essex (England)
- 29 November 2023
Pre-school learning and parenting in early childhood: Experimental evidence from Ghana
- Dr Sonya Krutikova, University of Manchester (England)
- 22 November 2023
Mobile Internet and the Rise of Communitarian Politics in Europe
- Professor Marco Manacorda, Queen Mary University of London (England)
- 15 November 2023
Scaling Up the American Dream: a Dynamic Analysis
- Professor Veronica Guerrieri, University of Chicago Booth School of Business (US)
- 1 November 2023
Estimation of a dynamic threshold panel time series regression with cross-sectional dependence
- Dr Maria Kyriacou, University of Kent (England)
- 31 October 2023
A model of approval with an application to list design
- Professor Paola Manzini, University of Bristol, UK
- 25 October 2023
Justices of the Peace: Legal Foundations of the Industrial Revolution
- Professor Nuno Palma, University of Manchester (England)
- 11 October 2023
Fair hiring procedures
- Professor Andriy Zapechelnyuk, University of Edinburgh School of Economics (England)
- 4 October 2023
10 May 2023 - Mariann Ollár, University of Edinburgh (Scotland)
3 May 2023 - Giuseppe Moscelli, University of Surrey (England)
26 April 2023 - Emma Tominey, University of York (England)
22 March 2023 - Stephen Hansen, University College London (England)
15 March 2023 - Vincent Sterk, University College London (England)
8 March 2023 - Mingli Chen, University of Warwick (England)
22 February 2023 - José-Luis Peydró, Imperial College London (England) and UPF (Spain)
16 February 2023 - Steven Ongena, University of Zurich (Switzerland)
8 February 2023 - Ludovic Renou, Queen Mary University of London (England)
2022
7 December 2022 - Andrea Ferrero, University of Oxford (England)
23 November - Sanjit Dhami, University of Leicester (England)
16 November 2022 - Laura Coroneo, University of York (England)
2 November 2022 - Erik Plug, University of Amsterdam (Netherlands)
31 October 2022 - Ghazala Azmat, Sciences Po (France)
26 October 2022 - Antonio Penta, UPF (Spain)
12 October 2022 - Robert Sauer, Royal Holloway, University of London (England)
28 September 2022 - Toomas Hinnosaar, University of Nottingham (England)
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