Economic Theory and Computational Economics (ETACE)
Prof. Dr. Herbert Dawid
Welcome at ETACE - Chair for Economic Theory and Computational Economics
Postal Address:
Universität Bielefeld
Fakultät für Wirtschaftswissenschaften
Universitätsstr. 25
D-33615 Bielefeld
Contact:
Tel.: +49 521 106-6931
E-mail: etace(et)uni-bielefeld.de
Latest News
Plenary Talk
02.09.2024
Herbert Dawid will give a keynote talk on "The Effect of Algorithmic Decision Making in Markets" on September 2, 2024 at the HEDGE (Health, Environment, Development and Growth Economics: New Perspective and Challenges) conference in Pisa.
Paper published in Management Science
02.09.2024
Huberts, N., Wen, X., Dawid, H., Huisman K. and P.M. Kort (2024), 'Double Marginalization Because of External Financing: Capacity Investment Under Uncertainty, published online in Management Science.
Plenary Talk
17.06.2024
On June 20, 2024 Herbert Dawid will give a plenary talk at the 30th International Conference on Computing in Economics and Finance on "The Effect of Algorithmic Decision Making in Markets".
Abstract: This paper studies games of voluntary disclosure in which a sender discloses evidence to a receiver who then offers an allocation and transfers. We characterize the set of equilibrium payoffs in this setting. Our main result establishes that any payoff profile that can be achieved through information design can also be supported by an equilibrium of the disclosure game. Hence, our analysis suggests an equivalence between disclosure and design in these settings. We apply our results to monopoly pricing, bargaining over policies, and insurance markets.