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Friday, 17 March, 2023

00:01 | For Study Applicants | ONLINE

Admissions open!

Since December 1st till March 31 you can apply to our programs:
Master in Economic Research and PhD in Economics

Entry requirements are:
- BA or MA degree or equivalent
- Proficiency in spoken and written English
- Solid background in mathematics
- Previous education in economics is recommended

Your online application must content following documents:
- Curriculum vitae
- Statement of motivation
- Copies of your diplomas and transcripts
- Proof of English proficiency level
- Contact details for two (or max. three) referees

For more information please see sections: How to apply to MAER or How to apply to PhD
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or see the FAQ sections for MAER or Phd

14:00 | Micro Theory Research Seminar

Francesc Dilmé (University of Bonn) "Lexicographic Numbers in Extensive Form Games"

Prof. Francesc Dilmé 

University of Bonn, Germany


Abstract: This paper introduces the space of (lexicographic) ℓ-numbers and uses it to analyze extensive form games. ℓ-Numbers are a simplified, two-dimensional version of the hyperreal numbers, with straightforward operations that make it easy to work with infinitesimal probabilities. We use ℓ-numbers to provide simple characterizations of tremble-based equilibrium concepts, such as sequential equilibria or sequential stable outcomes, without using sequences of strategy profiles.

JEL Classification: C72, C73
Keywords: Lexicographic numbers, sequential equilibrium, stable outcome

Full Text: Lexicographic Numbers in Extensive Form Games