Good lecturer but sometimes you can also be confused by his proof. He brings nothing but a chalk then writes full proofs all over the board. English language proficiency requirements. "Many economic frameworks and partnerships try to address small slices of the issue. ". You can help correct errors and omissions. I received my PhD from University of Chicago in 2015. I've made up a complete plan. This allows to link your profile to this item. I provide a set of sufficient conditions for the existence of a unique equilibrium in which both sellers supply information. ", Andrea Attar & Eloisa Campioni & Thomas Mariotti & Gwenal Piaser, 2021. All material on this site has been provided by the respective publishers and authors. Connect with an advisor. My main area of research is Econometrics, where I have been working on topics such as estimation and inference for auctions, weak identification, misspecification, non-stationary time series, and inference with network-dependent dat My research is in urban economics and transportation. Guidon Fenig, Giovanni Gallipoli, and Yoram Halevy, Complementarity in the Private Provision of Public Goods by Homo Pecuniarius and Homo Behavioralis (2016). He is willing to help outside of class, however, often times the extra help won't get you very far either. ", Diaz Rodriguez, Antonia & Jerez Garcia-Vaquero, Maria Belen & Rincn-Zapatero, Juan Pablo, 2020. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. ", Eeckhout, Jan & Sepahsalari, Alireza, 2021. ". General contact details of provider: http://www.economics.ubc.ca/ . In particular, these predictions make it possible to distinguish between the model presented here and earlier models, like Peters (2001) where market outcomes are uncorrelated over time, or Eeckhout and Kircher (2010) where outcomes are perfectly correlated over time. As in natural sciences, lab experiments allow researchers to study specific problems in a controlled environment. The MA program receives approximately 600 applications in a typical year. Renowned economist Erik Snowberg is the Canada Excellence Research Chair in Data-Intensive Methods in Economics at the Vancouver School of Economics at the University of British Columbia. He is missed dearly by faculty, staff, students, and alumni. All admitted PhD students receive a minimum funding of $22,000 of financial support in years 1 through 4. My research focuses on mechanism design, in particular, existence and construction of optimal mechanisms, competing auctions and mechanisms, as well as industrial organization theory. Hi, I got accepted into the Faculty of Arts and have been thinking about majoring in either economics or political science. Information disclosure leads to differentiation after buyers receive the information. You are required to submit three confidential academic letters of reference. This introduces a novel trade-off between screening and traffic effect not present in models with homogeneous goods. Peters, Michael & Szentes, Balazs, 2009. 3 | Mar. Between 1880 and 1920, the US agricultural employment share halved from 50% to 25%. I work on things that I find interesting. How many applications do you receive each year, and how many applicants enter the program? While linear algebra is not a stated prerequisite, we suggest that you either take such a course or, at least, obtain an introductory textbook and work through it. If you are applying from a university outside Canada in which English is not the primary language, you must provide English language proficiency examination results as part of your application. School of Library, Archival and Information Studies professor Luciana Duranti has been awarded the Jacob Biely Faculty Research Prize, and Prof. Jorg Bohlmann of the Michael Smith Laboratories and Departments of Forest Science and Botany has received the Charles A. McDowell Award for Excellence . I am an associate professor at the Vancouver School of Economics. CEPR, Research Associate 37 (2), pages 281-306, November. With large degrees of horizontal differentiation, sellers use a mixed strategy qualitatively similar to the equilibrium in Chapter 2. I received my PhD from the University of California Berkeley in 2016. Downloadable! interesting material but a little bit disorganized. The tl;dr version is that it's not a major for everyone but if you love to learn a way of thinking that can be applied to a humongously large class of issues in a systemic way, Economics is for you. UBC undergraduate students from any field can sign up and receive invitations to one of our experiments. Isaacson served as Head of the Department of Civil Engineering from 1992-1997, and as Dean of the Faculty of Applied Science from 1997-2008. Guidon Fenig, Giovanni Gallipoli, and Yoram Halevy, "The Race to the Bottom in the Voluntary Contribution Mechanism with Complementarity (VCMC)" (2015). My research interests are in labour economics and public economics. Handle: RePEc:ubc:pmicro:michael_peters-2009-7 He is definitely smart. In this microeconomics course at UBC (Econ101) Asynchronous Video tutorials and presentation slides are used to lend flexibility to teaching and learning. My main research area is development economics, with a focus on productivity and firms. His notes will confuse you even more. Photocopies of test scores are not acceptable. She has experience with field experiments in Kenya, Uganda, South Africa, and Ghana. My main research interests are Microeconomic Theory,MechanismDesignand Public Finance. Our computer lab consists of 24 workstations connected over a local network. Also a correction for an example that appeared in the paper. Great professor, the course is trully wonderful, study hard and you will do well (but dont give up if the marks on the midterms are not high, there will be scalling at the end). I am a historian of migration in the Americas, with a particular focus on both Argentina and Canada. ", Grossman, Gene & Helpman, Elhanan & Kircher, Philipp, 2013. The existence of this equilibrium is independent of the number of bidders, which differs considerably from results in models with a single auctioneer where releasing information is optimal for the auctioneer only if the number of bidders is sufficiently large. Applicants that choose to include a GRE score as part of their application must have written the GRE in the last five years. Contedo. Michael Peters from Yale will present "Spatial Structural Change". I show the existence of a threshold number of bidders such that the information provision game admits a unique equilibrium in which both sellers release information provided that the actual number of bidders is above this threshold.View record, In three directed search models with horizontal differentiation, this thesis characterizes the unique symmetric equilibrium for each model and studies the welfare property of equilibrium allocations. I was born in Quebec City and obtained my Ph.D. from Princeton University. At the end of the day the types of problems you are told to solve on an exam are not fair given what he has taught. If this is your researcher profile you can log in to the Faculty & Staff portal to update your details and provide recruitment preferences. Journal of Theoretical Economics, Sellers' Implicit Collusion in Directed Search Markets, On competing mechanisms under exclusive competition, On Competing Mechanisms under Exclusive Competition, Two-sided communication in competing mechanism games, Strongly robust equilibrium and competing-mechanism games, Competing Mechanisms, Exclusive Clauses and the Revelation Principle, General Competing Mechanisms with Frictions, Peters, Michael & Szentes, Balazs, 2009. ", Franoise Forges & Ulrich Horst & Antoine Salomon, 2016. Lots of mistakes in his free online text/notes. My main research areas are econometrics, international trade, economic issues related to COVID. ", Guido Menzio & Irina A. Telyukova & Ludo Visschers, 2012. Exams themselves are not difficult since they are standard game theory materials, but the problem is that those materials are never taught in class or presented in the online notes. ", Arieli, Itai & Babichenko, Yakov & Tennenholtz, Moshe, 2017. ", Attar, Andrea & Campioni, Eloisa & Piaser, Gwenal, 2013. Yes problems sets without answer key is a major downside, you cannot reasonably prepare for exams simply with a first year calculus background - which is a bit unfair because students who have a stronger math background will simply do better because exam questions were often more about applied math problems than they were really about economics. Anujit Chakraborty, "If tomorrow comes: An investigation into finitely repeated prisoner's dilemma when the future is uncertain" (2017). Research. A correction for one of the conditions used to prove the Michael Peters, Yale. Visit program website. March 14, 2022. . I obtained my Ph.D. from the University of Pennsylvania. American Economic Journal . ", James Albrecht & Xiaoming Cai & Pieter A. Gautier & Susan Vroman, 2019. In order to avoid any issues with receiving your GRE results, we request applicants to pleasenotinclude a department code along with the aforementioned institution code. Using wage histories to identify the unobservable types of the various workers, the paper proceeds to check some of the main predictions of the model. I received my Ph.D. from the University of Toronto in 2010. The Master's (MA) program in the Department of Asian Studies offers a thesis-based MA degree to students working in a variety of regions and disciplines. I am Senior Fellow of the Bureau of Research and Economic Analysis of Development (BREAD). I teach intermediate and senior undergraduate courses here at the VSE, focusing on how we can use economic intuition, modelling, and data analysis to understand the world around us. Royal Bank, Chair. The paper then explores a dataset on the executive labor market from 1993 to 2009. ", Eeckhout, Jan & Kircher, Philipp, 2010. I moved to UBC in 1999 after teaching for ten years at the Universit de Montral, in my hometown. Research excellence. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. Currently, my research activity is in the area of exchange rate determination, the link between exchange rates and prices, and international aspects of monetary and fiscal policy. His exams are extremely hard and what is expected is unclear. University of British Columbia I am originally from South Korea. The Vancouver School of Economics at UBC is one of the world's best: in a recent ranking based on research publications, our department ranked in the top 20 worldwide, and number one in Canada. I use field and natural experiments to study preference formation, social integration, and political selection. The material was interested but what was expected was not only unclear and too much. Assignments and exams are tough but his solutions make them seem trivial, don't know how I feel about it 1 Classes are for entertaining stories. With small degrees of differentiation, sellers use a pure strategy. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. I obtained my PhD from Universitat Pompeu Fabra and the European Doctoral Program in 2015. In particular I am interested in taxation policy, immigration policy and regulation of the labour market. My principal affiliation has been the University of Toronto, where I started as an Assistant Professor and then returned in the late 1990's. I have been at UBC since 1992, and currently I am a Professor inthe Vancouver School of Economics. The practice problems generally weren't like the exam questions. but also where they bid. However, the lectures are highly confusing, non-cohesive, and stray far away from his notes. My core interest is in macroeconomics and growth from the perspective of the firm, with an emphasis on the role of information diffusion. Cookie Notice Beyond UBC, I am the editor-in-chief of the Journal of the Canadian Histor. ", Francoise Forges & Ulrich Horst & Antoine Salomon, 2014. Evan Calford, "Ambiguity Aversion in Game Theory: Experimental Evidence" (2015). General contact details of provider: http://www.economics.ubc.ca/ . We show that spatial technology diffusion and catch-up growth played a key role for this pattern. Those of you who studied economics, how was the major? Chapter 3 extends the model in Chapter 2 by allowing different degrees of horizontal differentiation. Survey on Competing Mechnisms 2 - The revelation principle Canadian Journal of Economics 47(2), May 2014, pages 373-397. My main research area is Macroeconomics. You must have taken the test within the last two years, and an official test score report ordered from the testing agency is required. The GRE (Graduate Record Examinations) is optional for the current 2023 admissions cycle. I am an Associate Professor in the Vancouver School of Economics. J Blaum, C Lelarge, M Peters. Empirical Evidence from the Executive Labor Market, Limits of Exact Equilibria for Capacity Constrained Sellers with Costly Search, Limits of Exact Equilibria for Capacity Constrained Sellers with costlySearch, Sorting and Decentralized Price Competition, Sorting and decentralized price competition, LSE Research Online Documents on Economics, Directed Search for Equilibrium Wage-Tenure Contracts, On The GameTheoretic Foundations Of Competitive Search Equilibrium, On the game-theoretic foundations of competitive search equilibrium, Competitive equilibrium with search frictions: A general equilibrium approach, Competitive equilibrium with search frictions : a general equilibrium approach, Competitive search equilibrium with multidimensional heterogeneity and two-sided ex-ante investments, Competitive Search Equilibrium with Multidimensional Heterogeneity and Two-Sided Ex-ante Investments, Search frictions, competing mechanisms and optimal market segmentation, Search Frictions, Competing Mechanisms and Optimal Market Segmentation, Edinburgh School of Economics Discussion Paper Series, Misallocation inefficiency in partially directed search, Misallocation Inefficiency in Partially Directed Search, Efficient Firm Dynamics in a Frictional Labor Market, Efficient firm dynamics in a frictional labor market, Working Paper Series of the Department of Economics, University of Konstanz, Housing Prices and Credit Constraints in Competitive Search, Housing prices and credit constraints in competitive search, Multiple applications, competing mechanisms, and market power, Multiple Applications, Competing Mechanisms, and Market Power, The Effect of Wealth on Worker Productivity, Competitive search with two-sided risk aversion, Default, Mortgage Standards, and Housing Liquidity, Default, Mortgage Standards And Housing Liquidity, Constrained efficiency with adverse selection and directed search, Constrained Efficiency with Adverse Selection and Directed Search, High profit equilibria in directed search models, Adverse Selection and Liquidity Distortion in Decentralized Markets, Better Workers Move to Better Firms: A Simple Test to Identify Sorting, BetterWorkers Move to Better Firms: A Simple Test to Identify Sorting, Li, Kun & Peters, Michael & Xu, Pai, 2013. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maureen Chin (email available below). Professor email Michael.Peters@ubc.ca phone 604 822 4418 location_on Iona Building 108 launch Personal Website file_download Download CV Research Area Theory About I am a Professor in the Vancouver School of Economics. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . Professor | Director of Undergraduate Studies, Professor | Director, Vancouver School of Economics. Chapter 4 extends the model in Chapter 2 by allowing differentiation to be endogenous. International Student Advising. Before joining VSE, I used to teach economics and finance courses at Simon Fraser University (SFU) and the British Columbia Institute of Technology (BCIT). Vancouver School of Economics receives $1M gift from business leader Dominic Barton. ", Cristian Bartolucci & Francesco Devicienti, 2013. The primary result of that paper, which is reproduced here, is that workers use random application strategies when they are searching for new jobs. ", Attar, Andrea & Campioni, Eloisa & Piaser, Gwenal, 2019. Research interests in macroeconomics and applied microeconomics. Last Revised: 2010-08-24 14:18:45 -0700 (Tue, 24 Aug 2010)(Revision: 2), Reciprocal Contracting Last Revised: 2015-03-09 15:20:07 -0700 (Mon, 09 Mar 2015)(Revision: 201) to appear in the Journal of Economic Theory, A Folk Theorem for Competing Mechanisms - with Christian Troncoso Valverde, Journal of Economic Theory 148(3) pp 953-973, 2013, Definable and Contractible Contracts - with Balazs Szentes, Econometrica 80(1) pp 363--411, 2012, Equilibrium Rejection of a Mechanism - with Gorkem Celik, Last Revised /web/htdocs/mike/equilibrium_rejection/equilibrium_rejection.pdf apparently not under version control(Revision /web/htdocs/mike/equilibrium_rejection/equilibrium_rejection.pdf), Foundations of Hedonic Equilibrium :A Bayesian Approach, Other Regarding Preference: Outcomes, Intentions or Interdependence, with Yoram Halevy , previously titled The Ultimatum Game; Interdependent Preferences in an Experimental Setting, Unobservable Heterogeneity in Directed Search, Non-Cooperative Foundations of Hedonic Equilibrium July 2004, The Pre-Marital Investment Game February 2004, Revised December 2005. Trembling hand, perfect Bayesian. ", Attar, Andrea & Campioni, Eloisa & Piaser, Gwenal, 2018.
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