IV Hurwicz Workshop on Mechanism Design Theory

IV Hurwicz Workshop on Mechanism Design Theory

16 - 17 November, 2012, Warsaw

The 2012 Hurwicz Workshop on Mechanism Design Theory is a continuation of the initiative started in 2009 and continued in 2010 and 2011 of holding an annual conference to honor the 2007 Nobel Prize Laureate in Economics, professor Leonid Hurwicz. Leonid Hurwicz lived in Warsaw until 1938 and studied at the University of Warsaw. He frequently visited Poland in 1990's. Hurwicz is often credited with introducing rigorous mathematical approach to economic analysis. He received the Nobel Prize in Economic Sciences in 2007 for his fundamental contributions to the theory of the design of economic mechanisms. Theory of mechanism design relies heavily on mathematical methods of functional analysis, differential equations, differential topology, dynamical systems, etc. He has made important contributions to mathematics as well as economics, in particular, to non-linear programming. The previous Hurwicz Workshops had an interdisciplinary focus with presentations on topics ranging from macroeconomic issues to mathematical game theory and stochastic finance.

The aim of the 2012 Hurwicz Workshop is to bring together scholars from Poland and abroad who specialize in mathematical approach to economic theory, including, but not necessarily confined to the mechanism design theory. The Workshop will provide them with a forum for presenting their research to an audience with expertise in mathematics and economics as well as for informal discussions. Continuing the tradition of the previous 2009, 2010 and 2011 Hurwicz Workshops the program includes a Hurwicz Memorial Lecture, which will be delivered this year by Professor Ramon Marimon from EUI in Florence. Professor Marimon's visit to Warsaw will be sponsored by the National Bank of Poland. We hope that the workshop will contribute to popularization of the mathematical approach to economic analysis in Poland. It is worth to point out that 2010 Hurwicz Memorial Lecture was delivered by prof. Eric Maskin, while 2011 Lecture by prof. Roger B. Myerson who shared 2007 Nobel Prize with Leonid Hurwicz.

Organizing Committee

  • Honorata Sosnowska (SGH)
  • Łukasz Stettner (IMPAN)
  • Jan Werner (University of Minnesota)
  • secretary: Robert Golański (SGH)

Programme

Friday, 16th of November
15:00–15:30 Agnieszka Wiszniewska-Matyszkiel When Beliefs about Future Create Future – Belief Distorted Nash Equilibria and their Applications in Economics
15:30–16:00 Karol Olszewski Social Norm in Ultimatum Bargaining Experiments
16:00–16:30 Michał Lewandowski Range-Dependent Utility vs. Probability Weighting
16:30–17:00 Coffee break
17:00–17:30 Sławomir Mentzen Optimal and Critical Public Debt Levels
17:30–18:00 Wojciech Otto Designing Payouts of II Pillar Pensions in Poland
18:15 Dinner
Saturday, 17th of November
9:30–10:00 Michał Ramsza Simple Model of Opinion Formation
10:00–10:30 Honorata Sosnowska The Rules of the Jury of the Chopin Pianist Competition as a Non-standard Voting Rule
10:30–11:00 Łukasz Balbus Markov Stationary Equilibria in Stochastic Supermodular Games with Imperfect Private and Public Information
11:00–11:30 David Rahman Dynamic Information Management in Repeated Games with Frequent Actions
11:30–12:00 Coffee break
12:00–13:00 Ramon Marimon Recursive Mechanism Design: Enforcement versus Competition – Hurwicz Memorial Lecture
13:00–14:30 Lunch
14:30–15:00 Mehmet Barlo Entropic Selection of Nash Equilibrium
15:00–15:30 Łukasz Woźny Differential Information in Large Games with Strategic Complementaries
15:30–16:00 Oliwia Szczupska Normative Properties of Approval Voting – An Experimental Approach

Participants

  • Balbus Łukasz
  • Barlo Mehmet
  • Biardzka Maria
  • Borys Pawel
  • Charewicz Piotr
  • Czarnowska Joanna
  • Czekaj Wiola
  • Denkowska Anna
  • Gątkowski Mateusz
  • Godziszewski Michał Tomasz
  • Robert Golański
  • Gruda Mieczysław
  • Guzowska Malgorzata
  • Kaczan Michał
  • Klimek Aleksander
  • Kontek Krzysztof
  • Kosiorowski Grzegorz
  • Kucharski Rafał
  • Lewandowski Michał
  • Ramon Marimon
  • Matejczyk Bartłomiej
  • Mentzen Sławomir
  • Nowak Agata
  • Olszewski Karol
  • Otto Wojciech
  • Piech Kornelia
  • Pluska Artur
  • Rahman David
  • Ramsza Michał
  • Rogala Tomasz
  • Serena Karol
  • Sosnowska Honorata
  • Stettner Łukasz
  • Świerczyński Piotr
  • Oliwia Szczupska
  • Talik Mariusz
  • Wąsik Katarzyna
  • Jan Werner
  • Wiliński Grzegorz
  • Wiszniewska-Matyszkiel Agnieszka
  • Łukasz Woźny
  • Zajkowska Olga
  • Zyśko Jan
  • Łata Agnieszka

List of abstracts:

Hurwicz Memorial Lecture
Ramon Marimon
Dynamic Information Management in Repeated Games with Frequent Actions
David Rahman
Social norm in ultimatum bargaining experiments
Karol Olszewski
Normative Properties of Approval Voting – An Experimental Approach
Oliwia Szczupska
Entropic Selection of Nash Equilibrium
Mehmet Barlo
Designing payouts of II pillar pensions in Poland
Wojciech Otto
Optimal and Critical Public Debt levels
Sławomir Mentzen
Simple model of opinion formation
Michał Ramsza
When beliefs about future create future - belief distorted Nash equilibria and their applications in economics
Agnieszka Wiszniewska-Matyszkiel
Range-dependent utility model
Michal Lewandowski
Markov Stationary Equilibria in Stochastic Supermodular Games with Imperfect Private and Public Information
Łukasz Balbus
Differential Information in Large Games with Strategic Complementaries
Lukasz Wozny