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PER Mini-course: Coalitional Games and Farsightedness

May 2, 2018

Media Advisory

Media Contact: Sophia N. Johnson, sj2482@columbia.edu, 212-854-1566

PROGRAM FOR ECONOMIC RESEARCH (PER)
Mini-Course Series

WHAT:
Coalitional Games and Farsightedness by Rajiv Vohra

WHO:
Rajiv Vohra, Ph.D.
Ford Foundation Professor of Economics
Department of Economics
Brown University

WHEN:
Part I:
Thursday, May 3, 2018
2:00pm-4:00pm
1027 International Affairs Building

Part II:
Friday, May 4, 2018
2:00pm-4:00pm
1101 International Affairs Building

WHERE:
International Affairs Building
420 West 118th Street

DETAILS:
This course 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. Applications include cartel formation, public goods provision and political party formation. In the presence of externalities this approach is particularly useful in analyzing conditions under which efficiency may (or may not) arise in equilibrium (even though binding agreements are feasible). While coalitional games, in principle, have the advantage of abstracting away from the details of the negotiation process, incorporating farsightedness poses some conceptual challenges that these lectures will explore.
For more information, visit: https://econ.columbia.edu/event/per-mini-course-rajiv-vohra-coalitional-games-and-farsightedness-part-ii/

About the Department of Economics
The Department of Economics offers a general economics major, in addition to five interdisciplinary majors structured to suit the interests and professional goals of a heterogeneous student body. All of the undergraduate programs have different specific requirements but share the common structure of core theoretical courses that provide the foundation for higher-level elective courses culminating in a senior seminar. Graduate students receive training within an outstanding research environment, supported by members of faculty who are leading research in their fields.

In 2017, the Department offered 42 undergraduate courses. A total of 4765 students were enrolled, 742 in the Department’s majors. The M.A. program provides a technical and rigorous approach to the study of economics. In addition, the doctoral program receives approximately 1,000 applications each year for an incoming class of roughly 25 students. The Department has played a prominent role in the development of economic thought. It will continue to through its faculty and students, and contribute to a better understanding of economic activities and the elaboration of policy.

1022 International Affairs Building (IAB)
Mail Code 3308  
420 West 118th Street
New York, NY 10027
Ph: (212) 854-3680
Fax: (212) 854-0749
Business Hours:
Mon–Fri, 9:00 a.m.–5:00 p.m.

1022 International Affairs Building (IAB)

Mail Code 3308

420 West 118th Street

New York, NY 10027

Ph: (212) 854-3680
Fax: (212) 854-0749
Business Hours:
Mon–Fri, 9:00 a.m.–5:00 p.m.
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