Wharton-SMU Research Centre

Guest Speaker:

Professor Steven O. Kimbrough
Professor of Operations and Information Management
The Wharton School, University of Pennsylvania

Date & Venue:
Date: 11 Jun 2008, Wednesday
Time: 3.30pm - 5.00pm
Venue: Seminar Room 2.1, Level 2
School of Information Systems, Singapore Management University
80 Stamford Road, Singapore 178902
( Location Map )

Topic:
Is Algorithmic Game Theory : Artificial Agents Play and Learn, Producing Surprising and Instructive Results

Abstract:

In this seminar, the speaker will discuss into the scientific study of strategic interaction proceeds with four main methodologies. (i) Classical game theory has for the most part been conducted analytically, as a branch of applied mathematics. (ii) Behavioral game theory (and economics) generates and models data from laboratory experiments. (iii) Studies in vivo draw upon field or historical observations. (iv) Algorithmic studies model players as effective procedures and investigate the resulting collective behaviors. The theory of games and strategic interaction is enriched by the interaction of these perspectives.

This presentation focuses on results obtained through recent work in algorithmic studies of strategic interaction. When games are indefinitely repeated the predictions of classical game theory become much less specific. Robust, more concrete predictions can be made if we assume that agents engage in simple, plausible learning regimes. Further into the seminar, the speaker will report and discuss the significance of results from standard 2x2 games, from oligopoly models involving 2 and more than 2 agents, and from bargaining and coalition formation models. The seminar will conclude with a discussion of some surprising implications for incentivizing managers.

Registration:
Seats are limited and on first come first served basis.
Click here to register.

Registration closes on Monday, Jun 09, 2008.

Enquiries:
Ms. Dione Ng
Email: dioneng@smu.edu.sg , Tel: 6828-0803
Ms. Lim Lih Yeng
Email: lylim@smu.edu.sg , Tel: 6828-0197
Ms. Rozana Bte Osman
Email: rozanaosman@smu.edu.sg , Tel: 6828-0802