CORDIS Project
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This project explores innovative market designs to enhance cooperation in modern economies. It addresses issues such as trust in digital transactions and the ethical implications of market behaviors using experimental methods and behavioral game theory.
Cooperation is essential for the functioning of the economy and society.
Thus, with inappropriate mechanisms to harness self-interest by aligning it with the common good, the outcome of social and economic interaction can be bleak and even catastrophic.
Recent advances in computer technology lead to radical innovation in market design and trading strategies.
This creates both, new challenges and exciting opportunities for “engineering cooperation”.
This project uses the economic engineering appr…
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LOS ANGELES UCLA SANTA BARBARA UCSB DAVIS UCD RIVERSIDE UCR SAN DIEGO UCSD SANTA CRUZ UCSC IRVIN
United States, Berkeley
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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