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THE PODCAST BY TWS PARTNERS

OUR GAME THEORY PODCAST

In Game Changer, the podcast by TWS Partners, we want to share our enthusiasm and passion for game theory and its applications.

We invite guests from business and academia to discuss how they use the power of game theory in their profession to make a difference – and to learn some fun anecdotes, useful facts and valuable insights along the way. Join us on this journey, and find out that game theory is much more than a topic for ivory tower discussions.

HOW AUCTIONS CONQUERED THE INTERNET | WITH MICHAEL OSTROVSKY
December 07, 2021
December 07, 2021

In this episode Michael Ostrovsky walks us through the history of online advertising auctions, from their modest beginnings at Yahoo and other internet pioneers to the lucrative business models many internet giants like Google and Amazon rely on today. Even though online ad auctions are a story of incredible success Michael also gives some insights into which flaws existed in their early days and how these were overcome as time passed.

 

Michael Ostrovsky is the Fred H. Merrill Professor of Economics at the Stanford Graduate School of Business and a co-founder of the company Topsort which provides auction-based advertising infrastructure for online retailers and marketplaces. Not only is he an expert in all things auction theory, but he has also experienced the rise of online auctions in person while advising various internet pioneers.

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CAUSE AND EFFECT – OR WHY THE 2021 NOBEL PRIZE IS NOTHING LESS THAN AN EMPIRICAL REVOLUTION | WITH PAUL HüNERMUND
November 23, 2021
November 23, 2021
In this episode Paul Hünermund explains why the Nobel prize in Economics this year was given to the three researchers David Card, Joshua Angrist and Guido Imbens and what companies can learn from their research. We talk about how natural experiments sparked an empirical revolution and how machine learning can help us establish causal links to find the answer to everyday questions. Paul Hünermund is assistant professor of Strategy and Innovation at Copenhagen Business School. In his research he focuses on how firms can leverage new technologies in the space of machine learning and artificial intelligence for value creation and competitive advantage. In doing so he employs a wide variety of tools from econometrics, machine learning, and the field of causal inference.
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A SMARTER WAY TO SAVE THE CLIMATE | WITH JOS COZIJNSEN
November 09, 2021
November 09, 2021
In this episode, we are talking to Jos Cozijnsen, carbon specialist at the Carbon Neutral Group. Jos explains how knowledge from Game Theory and Mechanism Design can help reduce carbon emissions. He explains in detail the cap & trade system in Europe which makes carbon credits tradeable. This market has introduced CO2 reduction certificates which are issued for a project where additional CO2 reductions have been accomplished. Such carbon credit or CO2 reduction certificate can be used to compensate own emissions. At the time of the recording the Climate Change Conference (COP26) in Glasgow is happening which Jos also attends. Jos Cozijnsen is carbon specialist at the Carbon Neutral Group, he holds a Master in Law. Jos is supporting companies to lower their carbon footprint and their impact on the climate. He is well experienced in the carbon market and carbon pricing. He has recently published an article on this episode’s topic here: https://www.emissierechten.nl/column/six-tips-to-make-the-climate-summit-to-a-success/
Jos' article
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EVOLUTIONARY GAME THEORY OR ‘WHY YOU CAN TRUST A PEACOCK’ | WITH KEVIN ZOLLMAN
October 26, 2021
October 26, 2021

In this episode, we are talking to Kevin Zollman, professor of Philosophy and Social and Decision Sciences. Kevin explains how to use game theoretic concepts to study non-verbal communication between animals (and humans). From this perspective, seemingly useless or even costly features like the cumbersome tail of a peacock can be explained as costly (and therefore fraud resistant) signals to potential mating partners. We also discuss the limits of these concepts and alternative explanations that form the current state of research on this topic.

Kevin Zollman is professor of Philosophy and Social and Decision Sciences at Carnegie Mellon University in in Pittsburgh, Pennsylvania. His research interests include many fields such as game theory, its biological applications, and the philosophy of science.
He is also author of the recently published book “The Game Theorist’s Guide to Parenting: How the Science of Strategic Thinking Can Help You Deal With the Toughest Negotiators You Know: Your Kids”

Kevin's website
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BEHIND THE SCENES OF SOTHEBY’S AUCTION HOUSE | WITH EVA DONNERHACK
October 12, 2021
October 12, 2021
In this episode we are talking to Eva Donnerhack, Director, Specialist for Modern and Impressionist Art and Head of Sales Germany at Sotheby's. Together we take a look behind the curtain of preparing an auction in the world of art, discuss the importance of timing, stories and cultural differences and learn what art auctions and concerts have in common. Eva Donnerhack is Director, Specialist for Modern and Impressionist Art and Head of Sales Germany at the auction house Sotheby's. As such she contributes to many of Sotheby's most promising auctions in London, Paris and New York and is well seasoned when it comes to all things auctions in the world of art.
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