The Economics of Latent Representations by Larry Samuelson

Join us for another event in the Microeconomics Research Seminar Series, Summer Term 2025.

Larry Samuelson, from Yale University, will present this week's Microeconomics Seminar on The Economics of Latent Representations.

Abstract

We examine an analyst who uses a latent representation, reflecting either complexity constraints or prior information, or organize her estimating of a data generating process and subsequent updating and prediction. We draw connections between this setting and problems of misspecified learning and information design. We characterize optimal latent representations and then examine an extension capturing various forms of bounded rationality familiar from behavioral models.

This seminar will be held in the Economics Common Room on Friday 25 April at 2.00pm. 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.