Speaker: 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 […]
From 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 […]
Speaker: 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 […]
Speaker: 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 […]