Tehran Institute for Advanced Studies (TeIAS)

/ Meeting #3: Global Games: Theory and Applications

Meeting #3: Global Games: Theory and Applications

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Date Time Location
Monday, August 13, 2018 (22 Mordad 1397) 15:00 – 16:00 Khatam University, Room 202

Global games can be applied to the study of bank runs, bubbles, currency crises, political riots, revolutions, and any other economic situation which displays strategic complementarity. In this meeting, we discuss both the theory and its applications.

Required Reading(s) Global Games and Equilibrium Selection


Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks

Crises and Prices: Information Aggregation, Multiplicity, and Volatility

Self-Fulfilling Currency Crises: The Role of Interest Rates