Event Calendar

25 August - 31 August
Event Date
25.08.2014 - 31.08.2014
10.11.2014 - 16.11.2014 03.11.2014 - 09.11.2014 27.10.2014 - 02.11.2014 20.10.2014 - 26.10.2014 13.10.2014 - 19.10.2014 06.10.2014 - 12.10.2014 29.09.2014 - 05.10.2014 15.09.2014 - 21.09.2014 08.09.2014 - 14.09.2014 25.08.2014 - 31.08.2014 18.08.2014 - 24.08.2014 11.08.2014 - 17.08.2014 21.07.2014 - 27.07.2014 07.07.2014 - 13.07.2014 23.06.2014 - 29.06.2014 16.06.2014 - 22.06.2014 09.06.2014 - 15.06.2014 02.06.2014 - 08.06.2014 26.05.2014 - 01.06.2014 19.05.2014 - 25.05.2014 12.05.2014 - 18.05.2014 05.05.2014 - 11.05.2014 28.04.2014 - 04.05.2014 21.04.2014 - 27.04.2014 14.04.2014 - 20.04.2014 07.04.2014 - 13.04.2014 31.03.2014 - 06.04.2014 24.03.2014 - 30.03.2014 17.03.2014 - 23.03.2014 10.03.2014 - 16.03.2014 03.03.2014 - 09.03.2014 24.02.2014 - 02.03.2014 17.02.2014 - 23.02.2014 10.02.2014 - 16.02.2014 03.02.2014 - 09.02.2014 27.01.2014 - 02.02.2014 20.01.2014 - 26.01.2014 13.01.2014 - 19.01.2014 06.01.2014 - 12.01.2014 16.12.2013 - 22.12.2013 09.12.2013 - 15.12.2013 02.12.2013 - 08.12.2013 25.11.2013 - 01.12.2013 18.11.2013 - 24.11.2013 11.11.2013 - 17.11.2013 04.11.2013 - 10.11.2013 28.10.2013 - 03.11.2013 21.10.2013 - 27.10.2013 14.10.2013 - 20.10.2013 07.10.2013 - 13.10.2013 30.09.2013 - 06.10.2013 23.09.2013 - 29.09.2013 16.09.2013 - 22.09.2013 09.09.2013 - 15.09.2013 02.09.2013 - 08.09.2013 26.08.2013 - 01.09.2013 19.08.2013 - 25.08.2013 12.08.2013 - 18.08.2013 05.08.2013 - 11.08.2013 29.07.2013 - 04.08.2013 22.07.2013 - 28.07.2013 15.07.2013 - 21.07.2013 08.07.2013 - 14.07.2013 01.07.2013 - 07.07.2013 24.06.2013 - 30.06.2013 17.06.2013 - 23.06.2013 10.06.2013 - 16.06.2013 03.06.2013 - 09.06.2013 27.05.2013 - 02.06.2013 20.05.2013 - 26.05.2013 13.05.2013 - 19.05.2013 06.05.2013 - 12.05.2013 29.04.2013 - 05.05.2013 22.04.2013 - 28.04.2013 15.04.2013 - 21.04.2013 08.04.2013 - 14.04.2013 01.04.2013 - 07.04.2013 18.03.2013 - 24.03.2013 11.03.2013 - 17.03.2013 04.03.2013 - 10.03.2013 25.02.2013 - 03.03.2013 18.02.2013 - 24.02.2013 04.02.2013 - 10.02.2013 28.01.2013 - 03.02.2013 21.01.2013 - 27.01.2013 14.01.2013 - 20.01.2013 07.01.2013 - 13.01.2013 17.12.2012 - 23.12.2012 10.12.2012 - 16.12.2012 03.12.2012 - 09.12.2012 26.11.2012 - 02.12.2012 19.11.2012 - 25.11.2012 12.11.2012 - 18.11.2012 05.11.2012 - 11.11.2012 29.10.2012 - 04.11.2012 22.10.2012 - 28.10.2012 15.10.2012 - 21.10.2012 08.10.2012 - 14.10.2012 01.10.2012 - 07.10.2012 24.09.2012 - 30.09.2012 17.09.2012 - 23.09.2012 10.09.2012 - 16.09.2012 03.09.2012 - 09.09.2012
on campus

Economics Seminar

High-Order Uncertainty about Language Prof Andreas Blume, University of Arizona
Date 25.08.2014
Time 3:30pm - 5:00pm
Venue Room 6045, LSK Business Building
Contact Julie Wong; T: 2358 7621; email: fnjuwong@ust.hk
URL Click to view

It has been frequently noted that successful language use depends on the interlocutors' higher-order beliefs. David Lewis, for example, informally introuduces common knowledge was part of his account of language as a convention. We, instead, formally model and study the effects of higher-order uncertainty about language. We find that in common-interest communication games higher-order uncertainty about language, while potentially resulting in suboptimal language use at any finite knowledge order, by itself has negligible ex ante payoff consequences. In contrast, with imperfect incentive alignment, higher-order uncertainty about language may lead to complete communication failure for any finite-order knowledge of language.

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on campus

Finance Seminar

Finance Seminar:Short-Term Reversals and the Efficacy of Liquidity Provision Prof Allaudeen Hameed, National University of Singapore
Date 29.08.2014
Time 10:30am – 12:00pm
Venue Room 6045, 6/F, LSK Business Building
Contact Cathy Chan; Tel: 3469 2123; email: fncathy@ust.hk
on campus

MGMT Seminar

Prestige Discount: Director Exit and Firm Performance in Newly Public Ventures Prof Sam Garg & Prof. John Li, HKUST
Date 29.08.2014
Time 3:00pm - 4:30pm
Venue Rm1003, LSK Business Building
Contact Dept of MGMT; T:2358 7722; email:mgmt@ust.hk
off campus

Economics Seminar

A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity Dr Russell Tsz-Nga Wong, Bank of Canada
Date 29.08.2014
Time 3:30pm - 5:00pm
Venue Room 5047, LSK Business Building
Contact Julie Wong; T: 2358 7621; email: fnjuwong@ust.hk
URL Click to view

A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity We construct a continuous-time model of incomplete markets where households value both deterministic consumption áows and infrequent and random opportunities of lumpy consumption. Equilibria feature ex-post heterogeneity and a non-degenerate distribution of asset holdings and can be characterized analytically in a variety of cases, e.g., for the class of equilibria where households fully deplete their asset holdings following a preference shock. We study a version of the model that turns the Lagos-Wright (2005) model to its head: households have general preferences over consumption and labor flows but linear preferences over lumpy consumption. The model generates new comparative statics for the effects of inflation and idiosyncratic uncertainty. We also provide a novel efficient algorithm to compute the equilibrium under general preferences.

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