27
NOV
2017
14:15
- 15:45
IWH Research Seminar
Cursed Bets on Markets
Wer
Georg Weizsäcker
(Humboldt-Universität zu Berlin und Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB), Nürnberg)
Wo
IWH conference room
The talk covers an experimental paper as well as a theory paper, both on economic situations where an agent's payoff depends on market interactions between other agents. In the experimental paper, we assess the ability of human agents to predict the quilibrium of such interactions.