主 题：Bubbles, Crashes and Efficiency with Double Auction Mechanisms in Stochastic Evrionments
主讲人：美国罗格斯大学 Jinpeng Ma 副教授
主持人：经济学院 杨再福 院长
时 间：2014年7月4日 15：00—17:00
地 点：经世楼C101
主办单位：经济学院 科研处
主讲人简介：
Jinpeng Ma, Ph.D.
Director of Graduate Program and Development
Associate Professor of Economics
Rutgers University, the State University of New Jersey
Education
State University of New York at Stony Brook, 1989-1993, PhD.
Beijing University of Agricultural Engineering, 1984-1987, MS
Huazhong Agricultural University, 1980-1984, BS
Field of Research
Microeconomics, Game Theory
Teaching
Industrial Economics
Intermediate Macroeconomics
Multinational/International Corporate Finance
Professional Experience
| 2000-present | Associate Professor with tenure, Department of Economics, Rutgers University-CCAS, Camden, NJ 08102. Associate Professor (Adjunct), Graduate Program, Department of Economics, Rutgers University-New Brunswick. |
| 1994-2000 | Assistant Professor with tenure-track, Department of Economics, Rutgers University-CCAS, Camden, NJ 08102. |
| 1998-1999 | Visiting, MEDS Department, Kellogg Graduate School of Management, Northwestern University |
| 1993-1994 | Postdoctoral Fellowship, The Center for Rationality, The Hebrew University of Jerusalem, Israel. |
· “The Singleton Core in the College Admissions Problem and its Application to the National Resident Matching Program,”Games and Economic Behavior, 2010, 69 (1), 150-164.
· “Walrasian Equilibrium in an Exchange Economy with Indivisibilities” (joint with Fusheng Nie),Mathematical Social Science, 46(2003), 159-192.
· “Stable Matchings and the Small Core in Nash equilibrium in the College Admissions Problem”Review of Economic Design, 7(2002), 117-134.
· “Job Matching and Coalition Formation with Utility or Disutility of Co-workers”Games and Economic Behavior, 2001(34), 83-103.
· “An Alternative Proof of an Equilibrium Existence Theorem in Exchange Economies with Indivisibilities”Games and Economic Behavior, 2000(31), 147-151.
· “Competitive Equilibrium with Indivisibilities”Journal of Economic Theory, 1998(82), 458-468.
· “On Randomized Matching Mechanisms”Economic Theory, 1996(8), 377-381.
· “Infinitely Repeated Rental Model with Incomplete Information”Economics Letters, 1995(49), 261-266.
· “Stable Matchings and Rematching-Proof Equilibria in a Two-sided Matching Markets”Journal of Economic Theory, 1995(66), 352-369.
· “Strategy-Proofness and the Strict Core in a Market with Indivisibilities”International Journal of Game Theory, 1994(23), 75-83.
Papers in Progress for Publications
· “Strategic Formation of Coalitions” pending on the final revision.
· “Infinitely Repeated Bertrand and Cournot Competition with Incomplete Information” pending on the final revision.
Working Papers
Department of Economics, Rutgers University-New Brunswick
· “Competitive Equilibrium with Indivisibilities” WP9809.
· “Walrasian Equilibria in a Production Economy with Indivisibilities” WP9712.
· “English Auctions with Multiple Objects: A Dynamic Approach” WP9702.
The Center for Mathematical Studies in Economics and Management Sciences (Kellogg Graduate School of Management, Northwestern University)
· “Stable Matchings and the Small Core in Nash equilibrium in the College Admissions Problem” Discussion Paper No. 1247.
· “Job Matching and Coalition Formation with Utility or Disutility of Co-workers’’ Discussion Paper No. 1230.
· “Strategic Formation of Coalitions” Discussion Paper No. 1225.
Conference Presentations
· “Bubbles, Crashes and Efficiency with Double Auction Mechanisms”, the 20th International Conference of Game Theory, SUNY at Stony Brook, Stony Brook, July 2011.
· “Jobless Recovery, Idle Productivity, and the Role of Capital,’’ The International Conference on Policy Modeling EcoMod2009, Ottawa, Canada, June 2009.
· “Walrasian Equilibrium in an Exchange Economy with Indivisibilities” NATO Advance Workshop on “Equilibrium and Allocation of Discrete Resources” Istanbul, Turkey, 2001.
· “Competitive Equilibria in a Production Economy with Indivisible Goods” International Conference of Game Theory, 1998
· “English Auctions with Multiple Objects: A Dynamic Approach” The 1997 Winter Meeting of the Econometric Society, New Orleans, L.A., January 1997.
· “Competitive Equilibrium with Indivisibilities: Price Discrimination and Manipulation” The International Conference of Game Theory, SUNY at Stony Brook, July 1996.
· “Strategic Formation of Coalitions” The 1996 Econometric Society Summer Meeting, Iowa, June 1996.
· The 1995 Summer Conference at the Stanford Institute of Theoretical Economics, Stanford, July, 1995.
· “Manipulation and Stability in a College Admissions Problem” The 7th Econometric Society World Congress, Tokyo, Japan, August 1995.
· “Infinitely Repeated Bertrand and Cournot Competition with Incomplete Information” The International Conference in Game Theory and Its Applications In Honor of Professor Robert J. Aumann, Jerusalem, Summer 1995.
· The 1994 Econometric Society Winter Meetings, Boston, January 1994.
Journals Refereed
· Discrete Applied Mathematics
· Econometrica
· Economic Theory
· Games and Economic Behavior
· International Journal of Game Theory
· Journal of Economic Theory
· Journal of Mathematical Economics
· NSF Grants (Matching)
· Social Choice and Welfare
· Theory and Decision
主要内容：
The speech examines a fundamental financial market and reveals an important relationship among bubbles, crashes and market efficiency.
