Economics CPD Courses in June 2014

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Oxbridge Economics: How geometry came to the rescue during the banking crisis

Tuesday, July 16, 2013
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The design or architecture of auctions can have a huge bearing on their final outcomes be it the auctioning off of 4G spectrum licences or the need for an efficient system for when the Bank of England is lending to commercial banks. This super short video from the Guardian reflects on the work of Paul Klemperer from Oxford University. The specific example covered in the video is the "product mix auction" - a system devised for when the Bank of England uses auctions to determine how to inject liquidity into the banking system.

Further reading:

Hammering LIBOR (The Economist)

The Devil is in the Detail (Tim Harford)



 

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Economics CPD Courses in June 2014

Economics CPD Courses in June 2014 - Book Your Places Now!

ETNC 2014   | New to AS & A2 Economics | WOW! Economics 2014


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