Ulrich Doraszelski (University of Pennsylvania): Dynamic Games: Numerical Methods and Applications

Guest Instructor: 
Ulrich Doraszelski
Time I: 
Tuesday, 09:00am
Venue I: 
Humboldt-Universität, Wirtschaftswissenschaftliche Fakultät, Spandauer Strasse 1, 10178 Berlin
Description: 

DATE

June 2 and 3, 2015

June 2: 9 am - noon & 1:30 pm - 3 pm (Spandauer Strasse 1, room 112)
June 3: 9 am - noon & 2 pm - 3:30 pm (Spandauer Strasse 1, room 21a)

COURSE DESCRIPTION

The objective of this course is to introduce students to dynamic games and their applications in economics, with an emphasis on industrial organization. During the course we will solve a simple version of the Ericson & Pakes (1995) model of industry dynamics and discuss how to extend it to capture key features of real-world industries. We will discuss some of the existing methods for computing equilibria of dynamic games and ways to alleviate the computational burden.

Credits: 
2.00
Program: 
Semester: 
Spring 2015
End date of the whole course: 
Wednesday, June 3, 2015 - 3:00pm