Another session of the joint Research Seminar on Diversity and Development
Constantine Sorokin, Associate Professor in the Department of Mathematics and Senior Research Fellow at the International Laboratory of Decision Choice and Analysis at NRU HSE, presented his paper "Distributional comparative statics for auctions and beyond" (co-authored by Eyal Winter) on March 14, 2017.
Abstract: The research obtains comparative statics of auction outcome with respect to the distribution of bidders types. The variation of distribution is modelled by different notions of multivariate stochastic orders interdependent types. The main results hold for generalized auction model, which also includes such cases as war of attrition, escalation of conflict and all-pay auction.
As usual, the event was held by ICSID and CSDSI in cooperation with the HSE seminar “Political Economy”.