Optimally Imprecise Memory and Biased Forecasts
CMSA 20 Garden Street, Cambridge, MA, United StatesSpeaker: Michael Woodford (Columbia) Title: Optimally Imprecise Memory and Biased Forecasts Abstract: We propose a model of optimal decision making subject to a memory constraint. The constraint is a limit on the complexity of memory […]
Growth and zero sets of eigenfunctions and of solutions to elliptic partial differential equations
CMSA 20 Garden Street, Cambridge, MA, United StatesFrom February 25 to March 1, the CMSA will be hosting a workshop on Growth and zero sets of eigenfunctions and of solutions to elliptic partial differential equations. Key participants of […]
Sentiment and Speculation in a Market with Heterogeneous Beliefs
CMSA 20 Garden Street, Cambridge, MA, United StatesSpeaker: Ian Martin (LSE) Title: Sentiment and Speculation in a Market with Heterogeneous Beliefs Abstract: We present a dynamic model featuring risk-averse investors with heterogeneous beliefs. Individual investors have stable beliefs and risk aversion, but […]
A sharp transition for Gibbs measures associated to the nonlinear Schrödinger equation
CMSA 20 Garden Street, Cambridge, MA, United StatesSpeaker: Philippe Sosoe (Cornell) Title: A sharp transition for Gibbs measures associated to the nonlinear Schrödinger equation Abstract: In 1987, Lebowitz, Rose and Speer (LRS) showed how to construct formally invariant […]