NCCR Automation seminar series - Prof. Heinrich Nax

Our NCCR Automation seminar series continues with Prof. Heinrich Nax from ETH Zurich.

Title: "Behavioral evidence from market experiments"

Abstract: We present data from a project that assembles large numbers of controlled market experiments to reproduce and stress-test phenomena of convergence to competitive equilibrium that are known from some of the seminar economic experiments on market behavior such as Vernon Smith's from 1962. At market level, we confirm prior findings, and add novel insights into timing and pattern of convergence. At the individual behavior level, we identify several key ingredients that suggest fruitful avenues for iterations of market and information design. 

Biography: Behavioral game theorist, educated in economics and philosophy (logic & scientific method). Assistant Professor at the University of Zurich and Privatdozent at ETH Zurich. Previously at London School of Economics, Oxford, Ecole Normale Supérieure (Paris School of Economics), Ca' Foscari, Johns Hopkins and Yale (Cowles Foundation), his research interests include (Behavioral) Market Design and Learning in Games applied to markets and collective goods. 

His personal pages can be found here.