Department News

Computational and experimental economics workshop at SFU Vancouver

March 07, 2023
John Duffy, University of California Irvine

Economists from around the world gathered in Vancouver for a two-day workshop on computational and experimental economics in honour of Jasmina Arifovic, a pioneer in the fields and a professor in the SFU Department of Economics for nearly 30 years. 

Computational economics uses computer-based models and simulations to study economic systems and make predictions about their behavior, while experimental economics uses controlled experiments to study human behavior in economic settings.

These two closely related and complementary branches of economics are often used in combination to gain a more comprehensive understanding of economic behavior. While computational economics can help to generate hypotheses and test theories about economic behavior, experimental economics provides a way to test those hypotheses in a controlled setting.

Arifovic’s research seamlessly integrated these two methodologies to explore a diverse range of macroeconomic, microeconomic, and financial questions. She was an inspiration to many economists in these fields. The conference was organized to honour her work and her research contributions, and to share knowledge amongst current leaders in the fields. 

The Workshop on Computational and Experimental Economics was co-organized by SFU economics professor Luba Petersen, professor Herbert Dawid (Bielefeld University) and professor Cars Hommes (University of Amsterdam and Bank of Canada), with support from Simon Fraser University, the Bank of Canada, and the Society for Computational Economics. It took place on February 4 and 5, 2023 at the SFU Vancouver campus. 

List of Presenters

Jim Bullard
Federal Reserve Bank of St. Louis
Keynote Address 1: Social Learning for the Masses

Gabriele Camera
Chapman University
Choice Flexibility and Long-Run Cooperation

Herbert Dawid
Bielefeld University
Implications of Algorithmic Wage Setting on Online Labor Platforms: A Simulation-Based Analysis

Michael Woodford
Columbia University
Keynote Address 2: Information-Constrained Coordination of Economic Behavior

John Duffy
University of California Irvine
Least Squares Learning? Evidence from the Lab

Yaroslav Rosokha
Purdue University
On the Emergence of International Currencies in an Inflationary World

Janet Hua Jiang
Bank of Canada
Adoption of a New Payment Method: Experimental Evidence

George Evans
University of Oregon
Social Learning and the E-stability Principle

Olena Kostysyhna
Bank of Canada
A Horse Race of Monetary Policy Regimes: An Experimental Investigation

Daniela Puzzello
Indiana University
Is Money Essential? An Experimental Approach

Valentyn Panchenko
University of New South Wales
A More Accurate Theory of Behavior in Continuous Double Auctions

Thomas Sargent
New York University
Keynote Address: TBD

Mikhail Anufriev
University of Technology Sydney
Hypocrisy in a Simple Social Interaction Model

Rosemarie Nagel
Universitat Pompeu Fabra
Do Prices Reveal Information About Dividends in Asymmetric Sequential Asset Markets? An Experimental Study

Xuezhong (Tony) He
Xi'an Jiaotong-Liverpool University
Limit Order Book Information and Reinforcement Learning