Theory Seminar

Pricing, Market Making, Scoring Rules, and Exponential Families

Jacob Abernethy

Assistant Professor
UM CSE
 
Friday, September 27, 2013
10:30am - 11:30am
3941 BBB

 

About the Event

In this talk we'll explore a number of connections between a range of areas. We will introduce the notion of a prediction market and then we will show how the design of automated market making strategies relates to notion of a scoring rules, which in turn relates to sequential pricing functions. We will also make a connection to several techniques for working with exponential family distributions.

Biography

Jake received his undergraduate degree in Mathematics from MIT in 2002 and a Master's degree in Computer Science from TTI-C in 2006. He finished a PhD in Computer Science at UC Berkeley, advised by Professor Peter Bartlett. From the Fall of 2011 to the Summer of 2013 he had been a Simons Postdoctoral Fellow at University of Pennsylvania working with Professor Michael Kearns. He just started as an Assistant Professor in the CSE Division at the University of Michigan.

Additional Information

Sponsor: CSE

Open to: Public