OxTalks will soon be transitioning to Oxford Events (full details are available on the Staff Gateway). A two-week publishing freeze is expected in early Hilary to allow all events to be migrated to the new platform. During this period, you will not be able to submit or edit events on OxTalks. The exact freeze dates will be confirmed as soon as possible.
If you have any questions, please contact halo@digital.ox.ac.uk
Details found here: www.davidronayne.net/lgn-seminar
We study dynamics of price convergence in buyer-seller markets using evolutionary game theory and the theory of learning in games. We discuss old and new (own) evidence from controlled lab and online experiments in such markets. We identify the key features of human decision-making, analyze the value of information, and investigate the resulting convergence properties of such behaviorally founded models. Particular attention is paid to equilibrium and out-of-equilibrium dynamics.
