The Department of Economics announced that David E. Weinstein had been appointed Executive Director of the Program for Economic Research (PER), succeeding Yeon-Koo Che, who served in the role for the past three years.
Michael Vincent Crapotta is the new editor-in-chief of the Columbia Economics Review (CER), a journal led, organized, and operated by undergraduate students at Columbia across multiple disciplines.
Michael Carlos Best of Columbia’s Department of Economics was awarded the President’s Global Innovation Fund, for a project titled Jordanian Economic Policy Research Initiative. Professor Best’s research project will study economic policy in Jordan, with a focus on taxation and public spending.
This course, taught by Professor Rajiv Vohra, will explore recent developments that incorporate farsighted behavior in coalitional games, which are designed to model rational behavior when groups have the ability to make binding agreements.
Professor Vincent P. Crawford revisits Roger Myerson and Mark Satterthwaite’s (1983; “MS”) analysis of mechanism design for bilateral trading, replacing equilibrium with a non-equilibrium “level-k” model that predicts initial responses to games, and focusing on direct mechanisms.