Arrangement

Ergodicity Economics: How time was lost

Come and hear Mark Kirstein from London Mathematical Laboratory talk about an exciting subfield of economics called Ergodicity Economics, a field that pushes for time-consistency in economic theory.

Dato og sted

03. december 2019
København K

Afholdt

Varighed


17:15-19:15

Pris

Gratis
For alle

Aktivitetspuljen

Hvad handler arrangementet om?

Time for a change? That is the question that Mark Kirstein, post.doc. at London Mathematical Laboratory, and his research group are asking themselves when thinking about expectations in economics.

Ergodicity has been forgotten in the 'dismal science', they argue, as economists have whole-heartedly accepted the probabilistic notion of the "expected value" when studying uncertainty. But what about the situations where the expected value is a bad criterium for assessing a gamble?

According to Mark Kirstein there are an abundance of examples in economics, where we need to let go of our love for expected values and approach the problem from a time-consistent perspective. Come and learn more about this fascinating revival of time-consistent economics.

There will be food and refreshments at the event. Remember to register with Djøf. The event is hosted by Kritiske Politter in collaboration with Djøf.

Program

  • Kl. 17.15

    Introduction to the talk by 'Kritiske Politter'
  • Kl. 17.20

    Talk by Mark Kirstein, post.doc. at London Mathematical Laboratory
  • Kl. 18.30

    Question from the audience
  • Kl. 19.00

    Networking and refreshments
  • Kl. 19.15

    End of programme
  • Pris og praktisk info

    • Pris
    • Ikke-medlemmer
      Gratis
    • Medlem af Djøf Studerende
      Gratis
    • Sted
    • Center for Sundhed og Samfund, Københavns Universitet, Center for Sundhed og Samfund, Øster Farimagsgade 5, 1353 København, Denmark
    • Arrangementets referencenr.
    • 32673
    • Frist
    • Tilmeldingsfrist
      2. december 2019
    • Yderligere info, kontakt
    • Louise M. Lindbo

      Louise M. Lindbo
      Arrangementskoordinator
      lli@djoef.dk
      36 91 91 20

    • Oplægsholder
    • Mark Kirstein

      Mark Kirstein
      Post.doc. London Mathematical Laboratory

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