Dynamic Choice and Common Learning by Ludovic Renou

Join us for the another event in the Microeconomics Research Seminar Series, Autumn Term 2021.

Professor Ludovic Renou from the Department of Economics, Queen Mary University London, will present their research on Dynamic Choice and Common Learning.  

Abstract 

A researcher observes a finite sequence of choices made by multiple agents in a binary-state environment. Agents maximize expected utilities that depend on their chosen alternative and the unknown underlying state. Agents learn about the time-varying state from the same information and their actions change because of the evolving common belief. The researcher does not observe agents’ preferences, the prior, the common information and the stochastic process for the state. We characterize the set of choices that are rationalized by this model and generalize the information environment to allow for private information. We discuss the implications of our results for uncovering discrimination and committee decision making. 

This seminar will be held at 3pm at the Colchester Campus in the Economics Common Room (5B.307), as well as on Zoom. This event is open to all levels of study and is also open to the public. To register your place and gain access to the webinar, please contact the seminar organisers.

This event is part of the Microeconomics Research Seminar Series.