{"id":1851,"date":"2014-05-22T15:38:24","date_gmt":"2014-05-22T19:38:24","guid":{"rendered":"http:\/\/www.complejidadsocial.udd.cl\/?p=1851"},"modified":"2014-05-22T15:38:24","modified_gmt":"2014-05-22T19:38:24","slug":"dynamic-mechanism-design-for-a-global-commons-rodrigo-harrisons-cics-lecture","status":"publish","type":"post","link":"https:\/\/gobierno.udd.cl\/cics\/2014\/05\/22\/dynamic-mechanism-design-for-a-global-commons-rodrigo-harrisons-cics-lecture\/","title":{"rendered":"&#8220;Dynamic mechanism design for a global commons&#8221;. Rodrigo Harrison&#8217;s CICS Lecture"},"content":{"rendered":"<p><a href=\"https:\/\/docs.google.com\/a\/udd.cl\/forms\/d\/16qize4M8XLQkq1-w05O76WRcY42jHzvsANw1vh7Z38E\/viewform?usp=send_form\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1868\" src=\"https:\/\/gobierno.udd.cl\/cics\/files\/2014\/05\/Harrison-CICS_WEB1-650x1076.jpg\" alt=\"Harrison CICS_WEB\" width=\"650\" height=\"1076\" \/><\/a><\/p>\n<p><strong><a href=\"https:\/\/docs.google.com\/forms\/d\/16qize4M8XLQkq1-w05O76WRcY42jHzvsANw1vh7Z38E\/viewform?usp=send_form\" target=\"_blank\" rel=\"noopener noreferrer\">CONFIRM YOUR ATTENDANCE HERE<\/a><\/strong><\/p>\n<p><strong>Rodrigo Harrison<\/strong>\u00a0is currently an Assistant Professor at the Instituto de Econom\u00eda of Pontificia Universidad Cat\u00f3lica de Chile. He obtained his\u00a0Ph. D. in Economics at the Georgetown University,\u00a0<span class=\"Apple-style-span\" style=\"color: #222222;\">Washington, DC, USA.\u00a0<\/span><\/p>\n<p><strong>Lecture: &#8220;Dynamic mechanism design for a global commons&#8221;<\/strong><\/p>\n<p><b>When:<\/b> Tuesday, 27th May, 14:00 hrs.<\/p>\n<p><b>Where<\/b>: Sala Penal, Universidad del Desarrollo, campus Rector Ernesto Silva Bafalluy, Av. La Plaza 680, Las Condes.<\/p>\n<p><b>Language:<\/b> Spanish (questions and commentaries in English are very\u00a0welcome).<\/p>\n<p><b>Abstract<\/b>:\u00a0We model dynamic mechanisms for a global commons. Countries benefit from both consumption and aggregate conservation of an open access resource. A coun- try\u2019s relative value of consumption-to-conservation is privately observed and evolves stochastically. An optimal quota maximizes world welfare subject to being imple- mentable by Perfect Bayesian equilibria. With complete information, the optimal quota is first best; it allocates more of the resource each period to countries with high consumption value. Under incomplete information, the optimal quota is fully compressed \u2014 initially identical countries always receive the same quota even as environmental costs and resource needs differ later on.<\/p>\n<p><strong>Poster:<br \/>\n<a href=\"https:\/\/gobierno.udd.cl\/cics\/files\/2012\/07\/pdf-cics.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-85\" src=\"https:\/\/gobierno.udd.cl\/cics\/files\/2012\/07\/pdf-cics.jpg\" alt=\"PDF\" width=\"40\" height=\"40\" \/><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CONFIRM YOUR ATTENDANCE HERE Rodrigo Harrison\u00a0is currently an Assistant Professor at the Instituto de Econom\u00eda of Pontificia Universidad Cat\u00f3lica de Chile. He obtained his\u00a0Ph. D. in Economics at the Georgetown University,\u00a0Washington, DC, USA.\u00a0 Lecture: &#8220;Dynamic mechanism design for a global commons&#8221; When: Tuesday, 27th May, 14:00 hrs. Where: Sala Penal, Universidad del Desarrollo, campus Rector [&hellip;]<\/p>\n","protected":false},"author":9192218,"featured_media":2700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,2,3],"tags":[],"class_list":["post-1851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-calendar","category-events","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&quot;Dynamic mechanism design for a global commons&quot;. 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