大陆成人直播

微观理论workshop:Dynamics of Optimal Search Intensity

发布日期:2018-06-28 10:17    来源:大陆成人直播-成人直播中文

时间:2018年6月28日(周四)13:30-15:00

地点: 北京大学朗润园 万众楼小教室

主讲人:李志赟 助理教授 (Durham University Business School, UK)

主持人:汪浩、胡岠

题目:Dynamics of Optimal Search Intensity

Abstract. We study a sequential-and-simultaneous search problem, where, besides the sequence, a searcher also needs to determine the intensity of search in each period.  We show that optimal search intensity is jointly determined by the deadline effect and the fall-back value effect.  A searcher will search more intensively when the deadline approaches, while less so when his fall-back value gets higher.  When search is with full recall, the sequence of optimal search intensity is a stochastic process that reveals Markov property.  When search is with no recall, the optimal search intensity is a deterministic and increasing process, which is mainly driven by the deadline effect.  We further consider the applications of these results.

主讲人简介:李志赟,2012年毕业于英国牛津大学,获经济学博士学位,现为英国杜伦大学商学院助理教授。研究领域为应用微观理论,目前的研究关注 Information in Auctions、 Auctions with Participation Costs、 Consumer Search等。论文发表在Journal of Comparative Economics、B.E. Journal of Theoretical Economics (Advances)、Economics Letters等。


 


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