5th Annual Caress-Cowles Conference on General Equilibrium and its Applications

April 17-19, 2009

12:00 Lunch
1:20 Opening Remarks
1:30 Alberto Bisin (NYU), “Equilibrium Corporate Finance” (with Piero Gottardi and Guido Ruta) [Slides]
2:30 Break
2:45 Marzena Rostek (University of Wisconsin), “Dynamic Thin Markets” (with Marek Weretka)
3:45 Break
4:15 Sean Crockett (Baruch College), “A (Bubble-Free) General Equilibrium Approach to Asset Pricing Experiments” (with John Duffy) [Slides]
5:15 Break
5:30 Michael Mandler (University of London, Royal Holloway), “Rational Agents Are the Quickest
6:30 End
7:30 Dinner, Ibiza, 39 High Street
8:00 Continental Breakfast
9:00 Ben Lester (University of Western Ontario), “Information, Liquidity, Asset Prices, and Monetary Policy” (with Andrew Postlewaite and Randall Wright)
10:00 Break
10:15 Mário Páscoa (New University of Lisbon), “Will You Lend Me to Short? The Role of the Box in Leverage and Repo Fails” (with Jean-Marc Bottazzi and Jaime Luque)
11:15 Break
11:30 Susan Schommer (IMPA), “Regulating Collateral-Requirements When Markets Are Incomplete” (with Aloísio Araújo and Felix Kubler)
12:30 Lunch
2:00 Han Ozsoylev (University of Oxford), “Asset Pricing in Large Information Networks” (with John Walden) [Slides]
3:00 Break
3:15 Mordecai Kurz (Stanford University), “Diverse Beliefs and Time Variability of Risk Premia” (with Maurizio Motolese) [Slides]
4:00 Bernard Cornet (Université Paris 1 Panthéon-Sorbonne & University of Kansas), “Existence of Financial Equilibria with Restricted Participation”
4:45 Break
5:00 Roundtable Discussion: with Herakles Polemarchakis and John Geanakoplos
6:30 End
7:30 Dinner, Union League Cafe, 1032 Chapel Street
8:00 Continental Breakfast
9:00 Udara Peiris (University College, Oxford), “International Monetary Equilibrium with Default” (with Dimitrios Tsomocos) [Slides]
9:45 Alexandros Vardoulakis (University College, Oxford), “Reserve Requirements and Default” (with Udara Peiris)
10:30 Break
10:45 Matt Hoelle (University of Pennsylvania), “A Simple Model of Bankruptcy in General Equilibrium” [Slides]
11:30 Marek Weretka (University of Wisconsin, Madison), “Dichotomic Uniform-Price Models” (with Andres Carvajal)
12:15 Lunch


Beth Allen (University of Minnesota)
Robert Anderson (University of California-Berkeley)
Aloisio Araujo (IMPA)
Yves Balasko (University of York)
Truman Bewley (Yale University)
Alberto Bisin (NYU)
Larry Blume (Cornell University)
Jonathan Burke (Pepperdine University)
Laura Carosi (University of Pisa, Italy)
Andres Carvajal (University of Warwick)
Alessandro Citanna (HEC, Paris)
Bernard Cornet (Univ of Paris 1, University of Kansas)
Herve Cres (HEC, Paris)
Sean Crockett (Baruch College, CUNY)
Elena del Mercato (Universite de Paris 1)
Ana Fostel (George Washington University)
Bruno Funchal (FUCAPE Business School)
John Geanakoplos (Yale University)
Matt Hoelle (University of Pennsylvania)
Johannes Hörner (Yale University, Cowles)
Kostas Koufopoulos (University of Warwick)
Felix Kubler (University of Pennsylvania)
Mordecai Kurz (Stanford University)
Ben Lester (University of Western Ontario)
Mark Loewenstein (University of Maryland)
Jaime Luque (Universidad Nova de Lisboa
Michael Magill (University of Southern California)
Michael Mandler (University of London, Royal Holloway)
John Nachbar (Washington University)
Han Ozsoylev (University of Oxford)
Mario Pascoa (New University of Libson)
Udara Peiris (University College, Oxford)
Antonio Penta (University of Pennsylvania)
Tito Pietra (University of Bologna)
Herakles Polemarchakis (University of Warwick)
Daniela Puzzello (University of Illinois)
Martine Quinzii (University of California-Davis)
Alvaro Riascos-Villegas (Universidad de los Andres)
Marzena Rostek (University of Wisconsin, Madison)
Catherine Rouzard (University of Paris 12)
Herbert Scarf (Yale University)
Susan Schommer (IMPA)
Chris Shannon (University of California, Berkeley)
Karl Shell (Cornell University)
Paolo Siconolfi (Columbia University)
Lones Smith (University of Michigan)
Stephen Spear (Carnegie Mellon University)
Dimitrios Tsomocos (Oxford Said Business School)
Antonio Villanacci (Universita degli Studi di Firenze)
Alexandros Vardoulakis (University College, Oxford)
Marek Weretka (University of Wisconsin, Madison)
Jan Werner (University of Minnesota)