Wolfgang Pesendorfer | |
|---|---|
| Born | 1963 |
| Institution | Princeton University |
| Field | choice theory game theory |
| Alma mater | University of California, Los Angeles |
| Doctoral advisor | Joseph M. Ostroy |
| Doctoral students | Nicola Persico |
| Information at IDEAS / RePEc | |
Wolfgang Pesendorfer (born 1963) is a professor of economics at Princeton University. He specializes in choice theory, game theory, and political economy.
Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships". The first known use of the term "econometrics" was by Polish economist Paweł Ciompa in 1910. Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today.
Econometrica is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is Guido Imbens.
Gul is a common name in Persian and Turkish languages, meaning rose. Gul is used as a family name in Europe, Central and South Asia.
Thomas John Sargent is an American economist and the W.R. Berkley Professor of Economics and Business at New York University. He specializes in the fields of macroeconomics, monetary economics, and time series econometrics. As of 2020, he ranks as the 29th most cited economist in the world. He was awarded the Nobel Memorial Prize in Economics in 2011 together with Christopher A. Sims for their "empirical research on cause and effect in the macroeconomy".
In an auction, bid shading is the practice of a bidder placing a bid that is below what they believe a bid is worth.
Generalized expected utility is a decision-making metric based on any of a variety of theories that attempt to resolve some discrepancies between expected utility theory and empirical observations, concerning choice under risky (probabilistic) circumstances. Given its motivations and approach, generalized expected utility theory may properly be regarded as a subfield of behavioral economics, but it is more frequently located within mainstream economic theory.
The goals of experimental finance are to understand human and market behavior in settings relevant to finance. Experiments are synthetic economic environments created by researchers specifically to answer research questions. This might involve, for example, establishing different market settings and environments to observe experimentally and analyze agents' behavior and the resulting characteristics of trading flows, information diffusion and aggregation, price setting mechanism and returns processes.
Edmond Malinvaud was a French economist. He was the first president of the Pontifical Academy of Social Sciences.
Farooq is a common Arabic given and family name. Al-Fārūq literally means "the one who distinguishes between right and wrong."
Disappointment is the feeling of dissatisfaction that follows the failure of expectations or hopes to manifest. Similar to regret, it differs in that a person who feels regret focuses primarily on the personal choices that contributed to a poor outcome, while a person feeling disappointment focuses on the outcome itself. It is a source of psychological stress. The study of disappointment—its causes, impact, and the degree to which individual decisions are motivated by a desire to avoid it—is a focus in the field of decision analysis, as disappointment is, along with regret, one of two primary emotions involved in decision-making.
Faruk R. Gül is a Turkish American economist, a professor of economics at Princeton University and a Fellow of the Econometric Society.
In game theory, self-confirming equilibrium is a generalization of Nash equilibrium for extensive form games, in which players correctly predict the moves their opponents make, but may have misconceptions about what their opponents would do at information sets that are never reached when the equilibrium is played. Informally, self-confirming equilibrium is motivated by the idea that if a game is played repeatedly, the players will revise their beliefs about their opponents' play if and only if they observe these beliefs to be wrong.
Stephen Edward Morris is an economic theorist and game theorist especially known for his research in the field of global games. Since July 2019, he has been Professor of Economics at the Massachusetts Institute of Technology. Prior to that he taught at Princeton, Yale, and the University of Pennsylvania. He was the editor of Econometrica for the period 2007–2011, and in 2019 served as president of the Econometric Society.
The Zirve University is a private university established in 2009, located in Gaziantep, southeastern Anatolia, Turkey. Currently, the university has eight faculties. It is a mix-oriented institution. English language is the primary medium of teaching in College of Engineering, College of Architecture and Design, and College of Economics and Administrative Sciences. Turkish language is the primary medium of teaching for the rest of colleges while several courses are also offered in English. The university has total enrollment of more than 8,000 undergraduate and graduate students as of 2016.
Roger Guesnerie is an economist born in France in 1943. He is currently the Chaired Professor of Economic Theory and Social Organization of the Collège de France, Director of Studies at the École des hautes études en sciences sociales, and the chairman of the board of directors of the Paris School of Economics.
Faruk Gül is a German football midfielder of Turkish descent who plays for SC Pfullendorf II.
Dirk Bergemann is the Douglass & Marion Campbell Professor of Economics and Computer Science at Yale University. He received his Vordiplom in Economics at Goethe University Frankfurt in 1989, and both his M.A. and Ph.D. at the University of Pennsylvania in 1992 and 1993 respectively.
The Princeton University Department of Economics is an academic department of Princeton University, an Ivy League institution in Princeton, New Jersey. The department is one of the most premier institutions for the study of economics. It offers undergraduate A.B. degrees as well as graduate Ph.D. degrees. It is considered one of the "big five" schools in the field along with the faculties at the University of Chicago, Harvard University, Stanford University, and MIT. According to the 2018 U.S. News & World Report, the department ranks as No. 1 in the field of economics.
Control deprivation describes the act of not giving an individual their desires, wants and needs in a deliberate way to control that individual. This is often achieved through acts such as lack of affection, acts indifferent and detached, failure to respond, emotionally distant, deliberately with holding sex, shifts blame to the individual and other techniques. Control deprivation can lead to a wide range of effects, such as causing depression, leading people to aggression, increased social class effects and the use of social stereotypes in making judgements on people as well as product acquisition. Lack of control over a situation can significantly affect a person, changing the way a person thinks and acts. This is often exploited by individuals, businesses and in other situations, however individuals are also very capable of finding alternative means to regain the control that was previously lost and regaining personal control.
