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Market Design is an exciting new field in economic theory that attempts to find a practical solution to important real-life allocation problems, ranging from assignment of mineral rights, radio spectrum licenses, procurement contracts, carbon emission rights, school choice, placement of advertising in Internet search engines, to the design of financial rescue packages. The internationally distinguished scholars will discuss the methodological framework and tools essential for understanding and conducting research on these subject matters.
WCU Director: Yeon-Koo Che (Columbia University)
WCU Local Director: Jinwoo Kim (Yonsei University)
BK Director: Jihong Lee (Yonsei University)
Venue : Daewoo Hall (Room 201), College of Business and Economics, Yonsei University
June30 - July 1: Navin Kartik (Columbia University)
July 13 - July 14: Fuhito Kojima (Stanford University)
"Market Design and Random Assignment"
July 28 - July 30: Matthew O. Jackson (Stanford University)
"Network Theory"
(** lecture hour has changed from 15:00~16:40 to 10:30~12:00 **)
August 4 - August 5: Atila Abdulkadiroglu (Duke University)
"Market Design of School Choice"
August 11 - August 13: Jay Sethuraman (Columbia University)
"Network Flow Approaches to Market Design"
August 18 - August 20: Haluk Ergin (Washington University)
"Market Design and Two-Sided Matching"