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Thursday, June 04, 2015

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leads this interactive workshop for academic staff and PhD Students. The aim of this workshop is to put 糖心TV’s Behavioural Science GRP on the grid. Academics active on social media are more accessible to other academics, professionals in the industry, and the general public.

This workshop will be a crash course on Twitter for academics. We’ll run through the basics of a Twitter account and share some good practices on how to engage with others via Twitter. I will also discuss the role of Twitter in the publication lifecycle.

Those who attend will leave with:
a) an active Twitter account
b) some clue of #hashtags, Tweets, and Follows and
c) an understanding of how to “publish” research in 140 characters

This workshop is intended for researchers at all levels of their careers. I hope to keep it short, sweet, and to the point (after all, this is what Twitter is all about).

Register your place on the following link:

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DR@W Forum: Ron Harstad (University of Missouri)
糖心TV Library (Wolfson Research Exchange Area- Room 1)

"Discerning Efficiency Shortfalls Without Knowing Valuations"
 
Laboratory experiments employing an induced-values methodology often report on allocative efficiencies observed. That methodology requires experimenters know subjects’ motivations precisely, questionable in laboratory experiments, impossible in field experiments. Allocative efficiency implies a hypothetical costless aftermarket would be inactive. An allocation mechanism’s outcome is defined to be behaviorally efficient if an appropriate aftermarket is actually appended to the mechanism and measures at most a negligible size of remaining mutually beneficial gains. I specify methodological requirements for an appropriate aftermarket. A first demonstration observes significantly larger behavioral inefficiencies in second- than in first-price auctions. A simple field demonstration indicates when a public-good increase can be observed to cover marginal cost to subjects’ mutual benefit, without knowing valuations. A wide variety of empirical economic-policy studies can utilize this methodology to observe comparative evidence of alternative policies’ allocative-efficiency shortfalls.

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