17th SAET Conference on Current Trends in Economics
Faro, Portugal June 25-30, 2017


The 17th Annual SAET Conference will be held June 25-30, 2017 in Faro, Portugal.

The lectures will take place at The Ria Park Hotel.

The conference chairs are Mario Pascoa and Nicholas Yannelis.

Conference Sponsors


Quick Glance Schedule

Quick Schedule

Conference Program

Conference Program

General Daily Schedule

  • 9:30-11:30 am – Parallel Sessions
  • 11:30 am-12:00 pm – Coffee Break
  • 12:00-1:00 pm – Plenary Talks (Rooms: DaVinci A + B combined)
  • 1:00-2:30 pm – Lunch Break
  • 2:30-4:30 pm – Parallel Sessions
  • 4:30-5:00 pm – Coffee Break (Please note: There will be no 4:30 pm Coffee Break on Friday, June 30th)
  • 5:00-7:00 pm – Parallel Sessions

Conference Dinner and Social Events

  • Conference Dinner:
  • Thursday, June 29th at 7:30 pm. Location: Ria Park Hotel – Lusitano Restaurant
  • Receptions:
  • Sunday, June 25th: 7:10-8:45 pm. Location: Ria Park Hotel Cocktail Bar and Terrace
  • Friday, June 30th: 7:10-8:45 pm. Location: Ria Park Hotel Cocktail Bar and Terrace
  • Daily Coffee Breaks:
  • All coffee breaks will be held in the Ria Park Hotel Cocktail Bar and Terrace
  • Coffee breaks will be held daily from 11:30 am to 12:00 pm and 4:30 pm to 5:00 pm.*
  • *Please note: There will be no 4:30 pm Coffee Break on Friday, June 30th.

Registration Information

  • Registration Fee:
  • Early-Bird Rate (available until March 14, 2017): $350 USD
  • March 15th – May 31st Rate: $400 USD
  • June 1st – June 25th Rate: $450 USD
  • Student Registration Fee:
  • Early-Bird Student Rate (available until March 14th, 2017): $70 USD
  • March 15th – June 25th Student Rate: $100 USD

Hotel Information

  • We have reserved a limited number of rooms in The Ria Park Hotels in Algarve. We strongly advise you to book rooms as soon as possible; Ria Park will lift the hold on rooms after May 30th, 2017, and we cannot guarantee a room reservation; please reserve your room before May 30th.Parking Rates: Parking is available and free for conference attendees who will be staying at the Ria Park. For attendees staying outside of the hotel, the parking rate is €15,00 per hour.Send the completed reservation form (button below) directly to: reservations@riaparkhotels.com.
  • Room Options (Single or Double/Twin Occupancy):
    Ria Park Hotel & Spa – 160 Euro/night*Ria Park Residences – 150 Euro/night*

Ria Park Garden Hotel – 140 Euro/night*
(Sold Out)
*Room rates include breakfast and VAT.

Quick Links

Plenary Speakers

        • All Plenary talks will happen in Rooms DaVinci A and B combined


        • Sunday, June 25th:           David Cass Lecture: Chair: Bernard Cornet
        • Speaker: Hervé Moulin (University of Glasgow), Title: Fair Division: from theory to practice


        • Monday, June 26th:          Presidential Lecture: Chair: Edward C. Prescott
        • Speaker: Robert Townsend (Massachusetts Institute of Technology), Title: Financial Centrality and the Value of Named Traders
        • Tuesday, June 27th:         Sir John Hicks Lecture: Chair: Claude d’Aspremont
        • Speaker: Peter J. Hammond (University of Warwick), Title: Efficiently Regulated Insurance Markets with Adverse Selection and Many Goods
        • Wednesday, June 28th:     Aliprantis Prize Lecture: Chair: Achille Basile
        • Speaker: Shengwu Li (Harvard University), Title: Simple and Believable Mechanisms (Davinci C, 2:30-3:30 pm)
        • Thursday, June 29th:        Gerard Debreu Lecture: Chair: Timothy Kehoe
        • Speaker: David Levine (European University Institute), Title: Why Pollsters are Wrong, Lobbyists Win, and Cartels Lose
        • Friday, June 30th:            Lionel McKenzie Lecture: Chair: Aloisio Araujo
        • Speaker: Itzhak Gilboa (Tel Aviv University and HEC, Paris), Title: Second-Order Induction and the Importance of Precedents

Special Session

        • Room: DaVinci A and B combined
        • Wednesday, June 28th:          Kenneth Arrow and Economic Theory
        • Chair: Robert Townsend (Massachusetts Institute of Technology)
        • Peter Hammond (University of Warwick and Stanford University)
        • Paul Milgrom (Stanford University)
        • Herakles Polemarchakis (University of Warwick)

Program Committee:

        • Allen, Beth (University of Minnesota)
        • Arkolakis, Costas (Yale University, USA)
        • Araujo, Aloisio (Instituto Nacional de Matemática Pura e Aplicada, Brazil)
        • Basile, Achille (University of Naples Federico II, Italy)
        • Chateauneuf, Alain (PSE-University of Paris I, France)
        • Carmona, Guillherme (University of Surrey, UK)
        • Chernozhukov, Victor (Massachusetts Institute of Technology, USA)
        • Cornet, Bernard (PSE-University of Paris I & University of Kansas, France & USA)
        • d’Aspremont, Claude (Université catholique de Louvain, Belgium)
        • Echenique, Federico (California Institute of Technology, USA)
        • Galichon, Alfred (New York University, USA)
        • Graziano, Maria Gabriella (University of Naples Federico II, Italy)
        • Hervés-Beloso, Carlos (University of Vigo, Spain)
        • Hörner, Johannes (Yale University, USA)
        • Kaneko, Mamoru (Waseda Univeristy, Japan)
        • Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, USA)
        • Kojima, Fuhito (Stanford University, USA)
        • Kovenock, Dan (Chapman University, USA)
        • Levine, David (Washington University-St. Louis, USA)
        • Machina, Mark (University of California at San Diego, USA)
        • McLean, Richard (Rutgers University, USA)
        • Moulin, Hervé (University of Glasgow, Scotland)
        • Nachbar, John (Washington University – St. Louis, USA)
        • Pascoa, Mario (University of Surrey, UK) — Co-Chair
        • Plott, Charles (California Institute of Technology, USA)
        • Podczeck, Konrad (Universitat Wien, Austria)
        • Prescott, Edward C. (Australian National University, Australia, and Arizona State University, USA)
        • Prescott, Edward S. (Ned) (Federal Reserve Bank – Richmond, USA)
        • Squintani, Francesco (University of Warwick, UK)
        • Sun, Yeneng (National University of Singapore, Singapore)
        • Townsend, Robert (Massachusetts Institute of Technology, USA)
        • Trockel, Walter (Bielefeld University, Germany)
        • Villamil, Anne (University of Iowa, USA)
        • Wooders, John (New York University Abu Dhabi, United Arab Emirates)
        • Wooders, Myrna Vanderbilt University, USA)
        • Yannelis, Nicholas (University of Iowa, USA) — Co-Chair
        • Zame, William (UCLA, USA)

Local Organizing Committee

        • Pascoa, Mario (University of Surrey, UKk)

Session Organizers

      • Allouch, Nizar (University of Kent, UK), Public Goods and Networks
      • Alós-Ferrer, Carlos (University of Cologne, Germany), NeuroPsychoEconomics
      • Amir, Rabah (University Iowa, USA), Topics in Microeconomics
      • Araujo, Aloisio (Instituto Nacional de Matemática Pura e Aplicada, Brazil) and Gama, Juan Pablo (Instituto Nacional de Matemática Pura e Aplicada, Brazil), General Equilibrium, Bankruptcy and Taxes
      • Arkolakis, Costas (Yale University, USA), Cities and Trade, International Trade I, Diffusion, Growth and Trade, and Firms, Workers and Trade
      • Basile, Achille (University of Naples Federico II, Italy), and Polyrakis, Ioannis (National Technical University of Athens, Greece), Ordered Spaces and Infinite-dimensional Economies
      • Beker, Pablo (University of Warwick, UK), Advances on the Market Selection Hypothesis
      • Beviá, Carmen (Universitat Autònoma de Barcelona, Spain), Contests V
      • Bich, Philippe (PSE-University of Paris I, France), Topics in Economic Theory II
      • Bilancini, Ennio (University of Modena and Reggio Emilia, Italy) and Boncinelli, Leonardo (University of Florence, Italy), Evolution and Mistakes
      • Boyarchenko, Svetlana (University of Texas at Austin, USA) Model Uncertainty, Learning and Information Design
      • Camera, Gabriele (Chapman University, USA), Experimental Economics
      • Carmona, Guillherme (University of Surrey, UK), Discontinuous Games
      • Cerreia Vioglio, Simone (Bocconi University, Italy), Decision Theory II
      • Chateauneuf, Alain (PSE-University of Paris I, France) and Cornet, Bernard (PSE-University of Paris I & University of Kansas, France & USA), Finance and Decision
      • Chen, Yi-Chun (National University of Singapore, Singapore) and Luo, Xiao (National University of Singapore, Singapore), Topics in Game Theory I and Topics in Game Theory II
      • Chun, Youngsub (Seoul National University, Korea), Social Choice and Cooperative Game Theory
      • Citanna, Alessandro (Yeshiva University, USA) and Vailakis, Yiannis (University of Glasgow, UK), Dynamic General Equilibrium
      • Corchón, Luis Carlos (Universidad Carlos III de Madrid, Spain), Political Economy V
      • Correia-da-Silva, Joao (University of Porto, Portugal), Economics of Information
      • d’Aspremont, Claude (Université catholique de Louvain, Belgium) and Dos Santos Ferreira, Rodolphe (BETA – University of Strasbourg, France; Católica Lisbon School of Business and Economics, Portugal), Models of Household Decisions I and Models of Household Decisions II
      • Davilá, Julio (Université catholique de Louvain, Belgium) and Oikonomou, Rigas (Université catholique de Louvain, Belgium), Public Debt
      • Drugeon, Jean-Pierre (PSE-CNRS, France), Axiomatics of Temporal Preferences
      • Faias, Marta (Universidade Nova de Lisboa, Portugal), Topics in Economic Theory & Industrial Organization
      • Friedenberg, Amanda (Arizona State University, USA), Recent Advances in Economic Theory
      • Gottardi, Piero (European University Institute, Italy), Financial Markets
      • Graziano, Maria Gabriella (Università di Napoli Federico II, Italy) and Platino, Vincenzo (Università di Napoli Federico II, Italy), Equilibrium, Ambiguity and Externalities
      • Guo, Jang-Ting (University of California – Riverside, USA) and Lloyd-Braga, Teresa (Católica Lisbon School of Business and Economics, Portugal), Topics in Macroeconomics I
      • Grabisch, Michel (PSE-University of Paris I, France), Cooperative Games
      • Herings, Jean-Jacques (Maastricht University, The Netherlands), Networks
      • Herkenhoff, Kyle (University of Minnesota, USA), Macro Perspectives
      • Hervés-Beloso, Carlos (University of Vigo, Spain), Games and General Equilibrium and Games and Equilibrium: Applications
      • Hörner, Johannes (Yale University, USA), Dynamic Games and Reputation
      • Hu, Tai-Wei (Northwestern University, USA), Mechanism Design and Monetary Theory
      • Imrohoroglu, Selahattin (University of Southern California, USA), Quantitative Macroeconomics
      • Kamihigashi, Takashi (Kobe University, Japan), Bubbles and Growth
      • Kaneko, Mamoru (Waseda Univeristy, Japan) and Kline, Jeffrey K. (University of Queensland, Australia), Foundational Issues in Game Theory and Preferences and Decisions
      • Kaplan, Todd R. (University of Exeter, UK), Behavioral and Experimental Economics I and Behavioral and Experimental Economics II
      • Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, USA), Applied Macroeconomic Theory, Households and Labor and Credit Markets, Industry Dynamics, International Capital Flows, International Trade II, and Sovereign Debt
      • Kesten, Onur (Carnegie Mellon University, USA), Matching
      • Kets, Willemien (Northwestern University, USA), Current Trends in Economic Theory
      • Kim, Kyungmin (Teddy) (University of Miami, USA), Applied Game Theory I, Applied Game Theory II and Search Theory
      • Kojima, Fuhito (Stanford University, USA) Matching Theory and Market Design I and Matching Theory and Market Design II
      • Koutsougeras, Leonidas (University of Manchester, UK), Games and Markets
      • Krebs, Tom (University of Mannheim, Germany), Macroeconomics and Inequality
      • Livshits, Igor (University of Western Ontario, Canada), Financial Intermediation and Macro I, Financial Intermediation and Macro II, and Topics in Macroeconomics IV
      • Loch-Temzelides, Ted P. (Rice University, USA), Technology, the Environment, and Policy
      • Manzini, Paola (University of St. Andrews, UK) and Mariotti, Marco (Queen Mary University of London, UK), Bounded Rationality
      • McLean, Richard (Rutgers University, USA), Topics in Game Theory III
      • Mezzetti, Claudio (University of Queensland, Australia), Information and Incentives
      • Moreno, Diego (Universidad Carlos III de Madrid, Spain) and Wooders, John (New York University Abu Dhabi, United Arab Emirates), Markets with Adverse Selection: Performance and Policy Intervention
      • Moreno-Garciá, Emma (Universidad de Salamanca, Spain), Topics in Economic Theory I
      • Moreno-Ternero, Juan D. (Universidad Pablo de Olavide, Spain) and Moulin, Hervé (University of Glasgow, Scotland), Fair Distribution and Fair Distribution and Mechanism Design
      • Nachbar, John (Washington University – St. Louis, USA), Theory and Experiment
      • Page, Frank (Indiana University, USA), Financial Networks and Systemic Risk
      • Pascoa, Mario (University of Surrey, UK), Money Markets
      • Penta, Antonio (University of Wisconsin, USA), Bounded Reasoning and Coordination
      • Prescott, Edward C. (Australian National University, Australia and Arizona State University, USA) and Nicholas Yannelis (University of Iowa, USA), Economic Theory III
      • Prescott, Edward Simpson (Federal Reserve Bank of Cleveland, USA), Topics in Financial Economics
      • Prokopovych, Pavlo (Kyiv School of Economics, Ukraine) and Nicholas Yannelis (University of Iowa, USA), Economic Theory II
      • Quintin, Erwan (University of Wisconsin – Madison, USA), Advances in Macro-Finance
      • Quinzii, Martine (University of California – Davis, USA), Equilibrium Models of Banking
      • Reffett, Kevin (Arizona State University, USA) and Wozny, Lukasz (Warsaw School of Economics, Poland), Advances in Dynamic General Equilibrium and Complementarities and Games
      • Riedel, Frank (Bielefeld University, Germany), Ambiguity in Games and Dynamic Decisions
      • Rincon-Zapatero, Juan Pablo (Universidad Carlos III de Madrid, Spain) Dynamic Programming
      • Ritzberger, Klaus (Royal Holloway, University of London, UK), Game Theory and Applications
      • Roberson, Brian (Purdue University, USA) and Kovenock, Dan (Chapman University, USA), Contests I, Contests II, Contests IIII, and Contests IV
      • Roy, Santanu (Southern Methodist University, USA), Dynamic Models of Environment and Natural Resources and Information Frictions and Markets
      • Rusinowska, Agnieszka (PSE-University of Paris I, France), Social and Economic Networks I and Social and Economic Networks II
      • Selden, Larry (Columbia University, USA) and Nicholas Yannelis (University of Iowa, USA), Economic Theory I
      • Skreta, Vasiliki (University of College London, UK, Mechanism and Information Design I and Mechanism and Information Design II
      • Squintani, Francesco (University of Warwick, UK), Ponsati, Clara (University of St. Andrews, UK), and Dhillon, Amrita (King’s College London, UK), Political Economy I, Political Economy II, Political Economy III, and Political Economy IV
      • Stecher, Jack (Carnegie Mellon University, USA), Decision Theory
      • Stinchcombe, Maxwell (University of Texas at Austin, USA), Updating in the Presence of Ambiguous Beliefs
      • Sun, Yeneng (National University of Singapore, Singapore), Mathematical Economics I and Mathematical Economics II
      • Taub, Bart (Glasgow University, Scotland), Market Microstructure Theory
      • Townsend, Robert (Massachusetts Institute of Technology, USA), Networks, Space and Cities in General Equilibrium
      • Trockel, Walter (Bielefeld University, Germany), Game Theory and Competition
      • Tvede, Mich (Newcastle University, UK), Economic Dynamics
      • Unver, M. Ütku (Boston College, USA), Theory and Practice of Matching Markets
      • Venditti, Alain (Aix-Marseille Université, France), Macroeconomic Dynamics I and Macroeconomic Dynamics II
      • Villamil, Anne (University of Iowa, USA), Topics in Macroeconomics II and Topics in Macroeconomics III
      • Wenzelburger, Jan (University of Kaiserslautern, Germany and University of Liverpool, UK), The Economics of Banking
      • Wooders, Myrna (Vanderbilt University, USA), Topics in Mechanism Design
      • Xiong, Siyang (University of Bristol, UK), Mechanism Design, Fair Division and Dynamic Information Acquisition
      • Yannelis, Constantine (New York University, USA), Household Finance
      • Zank, Horst (University of Manchester, UK), Time Preferences: Theory and Applications
      • Zapechelnyuk, Andy (University of Glasgow, UK), Communication and Persuasion