ONLINE AGI SEMINAR ON WEDNESDAY, SEPTEMBER 29

We invite researchers who are engaged in research on Asia and hold AGI Seminars.

Your participation is more than welcome! In order to prevent the spread of the Coronavirus, this seminar will be held online.
*Please refer to the following for details.

Date and Time

Wednesday, September 29, 2021 from 2 pm to 4 pm
*A question-and-answer session is scheduled at the end of the presentation.

Participation Fee

Free

Language

English presentation and material(s)

Presenter

Dr. Daniel Marszalec, Assistant Professor, International Christian School (ICU)

Topic

“Auctions for resources, and the dangers of uniform-pricing”

Abstract

Auctions with below-bid pricing (e.g., uniform-price, and ascending auctions) have remarkable theoretical properties and have been sometimes used for the allocation of natural resources. However, some practitioners are skeptical about their implementation. We present a dynamic model of collusion in multiunit auctions that explains this gap between theory and practice. To sustain collusion at the reserve price, bidders submit crank-handle bids. We illustrate how the cost of sustaining crank-handle collusion depends on the degree of below-bid pricing in the auction. Our model predicts that crank-handle collusion is easier to sustain in auctions with more below-bid pricing and when bidders are more symmetric. Evidence from auctions of fishing quota in the Faroe Islands supports our predictions.

To Participate

Please send an E-mail to office@agi.or.jp with your name, affiliation and phone number clearly stated.
(We will send you a Zoom link for participation via E-mail on Tuesday, September 28.)

Deadline for Participation Request

Your E-mail must be sent to us by the morning of Tuesday, September 28.

Leaflet

AGI Seminar on Wednesday, September 29 [in PDF Format]

TO PARTICIPATE ONLINE (REQUESTS FROM AGI)

You can either download the Zoom application in advance (1) or participate via a browser without downloading the Zoom application (2).
Please choose one of the above two methods.
*If you are using a Smartphone, please choose (1).

(1) TO PARTICIPATE BY DOWNLOADING THE ZOOM APPLICATION
① Please download an online distribution application “Zoom” (free of charge) onto your computer or Smartphone.
*Click Here for How to Download the Application

You can download the application onto your computer by clicking the 【ダウンロード】 button.

You can also download the application from these pages.
・For iPhones and iPads
» Download Zoom Application

・For Android phones
» Download Zoom Application

② We will send you a Zoom link to the E-mail address provided in your participation request E-mail by the day before the seminar.

③ Please click and open the Zoom link between 1:45 pm and 2:00 pm on Wednesday, September 29. ⇒ You will be asked to wait in a “Waiting Room.”

④ When it is time to start the seminar (2:00 pm), we will let all participants in at once.

⑤ A question-and-answer session is scheduled at the end of the presentation. If you would like to ask any questions, please either “raise your hand” or unmute your microphone and start talking. *You can also ask questions by sending chat messages.

(2) TO PARTICIPATE VIA A BROWSER WITHOUT DOWNLOADING THE ZOOM APPLICATION (ONLY FOR COMPUTERS)

① We will send you a Zoom link to the E-mail address provided in your participation request E-mail by the day before the seminar.

② Please click and open the Zoom link between 1:45 pm and 2:00 pm on Wednesday, September 29.

③ Please click 『ブラウザから参加』 at the bottom portion of your screen (if not displayed, please click 『ここをクリック』). ⇒ You will be asked to wait in a “Waiting Room.”

④ When it is time to start the seminar (2:00 pm), we will let all participants in at once.

⑤ A question-and-answer session is scheduled at the end of the presentation. If you would like to ask any questions, please either “raise your hand” or unmute your microphone and start talking. *You can also ask questions by sending chat messages.

【NOTE】

◇ Participants’ microphones will be turned on at the beginning. Please make sure to mute your microphone during the presentation. During a question-and-answer session scheduled at the end of the presentation, please unmute your microphone.
◇ If you would like to turn off your audio (microphone) and image (video), please click the microphone icon and video icon at the bottom left portion of your screen. The icons will be crossed by a red diagonal line.
◇ Depending on your computer or Wi-Fi signal strength, there could be a case where you will not be able to participate in the seminar or you will lose an internet connection in the middle of the seminar. However, we are unable to deal with those cases individually. Your understanding is greatly appreciated.

date：2021.09.10
Category：Seminars