Gary Charness, "Cheap Talk and Credibility" Wednesday, September 26, 2018 6:00pm-7:30pm 416 Warren Hall Columbia University Press to Register The PER Distinguished Lecture will be delivered by Professor Gary Charness. The lecture, titled “Cheap Talk and Credibility,” will explore the extent to which costless and non-binding communication (cheap talk) can be quite effective in achieving socially-desirable outcomes in strategic settings in the laboratory. Charness explains that there are different forms of cheap talk and different conditions under which these are effective. Open communication is free-form chat, while…
Find out more »Professor Harald Uhlig will consider the possibility of a future world where a privately issued currency such as bitcoin is used as a perfect substitute for goods purchases alongside an official currency such as the U.S. dollar, issued by a central bank who seeks to achieve a particular dollar inflation target. This framework will be used to derive implications for pricing, extending classic results by Kareken-Wallace, conditions that imply absence of speculation and consequences for dollar monetary policy. RSVP for this event
Find out more »https://www.youtube.com/watch?v=ZOJ3LlFD_-M The 14th Annual Kenneth J. Arrow Lecture You are cordially invited to attend the 14th Annual Kenneth J. Arrow Lecture, entitled "Origins of American Inflation", featuring Christopher A. Sims, 2011 Nobel Laureate in Economic Sciences and John J. F. Sherrerd ’52 University Professor of Economics at Princeton University. Minouche Shafik, President of the Columbia University will give a welcome speech followed by Jan Svejnar, Director of the Center on Global Economy and Governance and Richard N.…
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