In Game Changer, dem Podcast von TWS Partners, wollen wir unsere Begeisterung für die Spieltheorie und ihre Anwendungen teilen.
Wir laden renommierte Gäste aus Wirtschaft und Wissenschaft ein, um mit ihnen darüber zu sprechen, wie sie die Methodik nutzen, um etwas zu bewegen. Dabei bekommen unsere Hörer alle zwei Wochen neue Perspektiven, einmalige Einsichten und Hintergrundinformationen und auch immer wieder lustige Anekdoten.
Begleiten Sie uns auf dieser Reise und stellen Sie fest, dass die Spieltheorie viel mehr ist als ein Thema für den akademischen Elfenbeinturm.
PLAYING NICE – TRUST AND REPUTATION IN GAME THEORY, ECOMMERCE AND VACCINATIONS | WITH STEVE TADELIS
Playing nice – Trust and reputation in Game Theory, eCommerce and vaccinations | with Steve Tadelis
In this episode we talk to Steve Tadelis about reputation and trust. He explains how he first got into the topic, what reputation means in the context of Game Theory and how even leaving no review at all could signal reputation on platforms like ebay. He also shows how powerful reputation and trust can be beyond the business context, e.g. when increasing vaccination rates with the help of Donald Trump.
Steve Tadelis is professor of economics, business and public policy at UC Berkeley. His research interests include the economics of eCommerce and incentives & organisations. On top of his academic experience he has worked as senior economist at Amazon and eBay.
In the episode, Steve mentions the following papers:
- Rational cooperation in the finitely repeated prisoners‘ dilemma, by David Kreps, Paul Milgrom, John Roberts and Robert Wilson
- Using Donald Trump’s COVID-19 Vaccine Endorsement to Give Public Health a Shot in the Arm: A Large-Scale Ad Experiment, by Bradley Larsen, Marc J. Hetherington, Steven H. Greene, Timothy J. Ryan, Rahsaan D. Maxwell & Steven Tadelis
FEELING LUCKY! – ON THE GAME THEORETIC ASPECTS OF LOTTERIES | WITH NICK ARNOSTI
In this episode, we discuss with Nick Arnosti the economic aspects of lotteries. Nick explains in which sense lotteries are a relevant economic mechanism, and gives some examples of where and why they are used. We focus in particular on the use of lotteries in the allocation of affordable housing in New York.
Nick Arnosti is assistant professor at the University of Minnesota. His research is focussed on systems for allocating public resources.
During the interview, Nick mentions a paper which compares lotteries and waiting lists; this paper can be found here.
“MORE ART THAN SCIENCE” – TRANSLATING GAME THEORETIC PREDICTIONS INTO PRACTICAL RECOMMENDATIONS | WITH EYAL WINTER
In this episode we are talking to Economics Professor Eyal Winter, who works as both an academic researcher and as a consultant who supports his clients in various auction settings. We discuss how consulting differs from theoretical research, and how to best behave in an auction setting. Eyal also shows how emotions can sometimes strongly influence people’s behaviour in auctions.
Eyal Winter is the Silverzweig professor of economics at the Hebrew University and the Andrews & Brunner professor at Lancaster University. His research interests are broadly spread, ranging from Behavioural Economics to Decision Making, Game Theory and Finance. He is also the author of the book “Feeling Smart – Why Our Emotions Are More Rational Than We Think”, in which he explores the use and logic in emotions.
During the interview, Eyal mentions a spectrum auction in New Zealand, which yielded a very disappointing outcome for the New Zealand government. More information on this auction can be found e.g. here and here.
BACKWARD INDUCTION, CHILD PENALTIES AND THE GENDER PAY GAP | WITH CARLOTTA PILGRAM
In this episode we are talking to Carlotta Pilgram, Consultant at TWS Partners and Economics graduate from Lund University in Sweden. We discuss the role of Game Theory in analysing the gender pay gap, the current state of research, why many intuitive explanations have little explanatory power and what measures can be taken to reduce payment differences which can be traced back to gender.
Carlotta Pilgram works as a Consultant at TWS Partners. Previously she has studied Economics at Lund University in Sweden, focusing on gender Economics and in particular payment inequality. She finished her Master’s degree with her thesis entitled „Are Women leaving their Jobs before they are actually leaving“, where she analysed potential economic causes for the gender pay gap.
During the interview, Carlotta refers to a study by Marianne Bertrand et. al. from 2010, which can be found here.
GOOD INTENTIONS, BAD OUTCOMES: WHY GAME THEORY MATTERS IN POLICY MAKING | WITH HANNAH RUBIN
In this episode we are talking to Hannah Rubin about policy making, incentive structures and Game Theory in the world of sciences. Together we dig into why policies set up with the best intentions can backfire when existing incentive structures are not taken into account, e.g. when it comes to the goal of increasing diversity in grant applications, and how these policies could be improved. We discuss more generally what it takes to break out of existing structures in sciences such as e.g. the so called „peer-review-system“.
Hannah Rubin works as an Assistant Professor at the University of Notre Dame, Indiana. She is an Evolutionary Game Theorist, Philosopher of Biology and Philosopher of Science. In her research she uses game theory to understand how social structures come to be and how they evolve over time.