Tentative lecture plan is presented below.
| Week | Lecture | Day | Date | Topic |
|---|---|---|---|---|
| 6 | 1 | wed | 07/Feb/24 | Introduction to Markov Decisions Processes (MDPs) and Dynamic Programming (DP) |
| 2 | thu | 08/Feb/24 | Numerical implementation of simple deterministic DP problem: The cake eating problem | |
| 7 | 3 | wed | 14/Feb/24 | Deaton's model and 1d Numerical Integration |
| 7 | 4 | thu | 15/Feb/24 | Deaton's model and 1d Numerical Integration (continued) |
| 8 | 5 | wed | 21/Feb/24 | Multi-dimensional Integration: Monte Carlo and Quadrature Methods Portfolio Choice Example (part 1): Integration Portfolio Choice Example (part 2): Optimization |
| 6 | thu | 22/Feb/24 | Function Approximation + The Curse of Dimensionality Some info on term-papers |
| Week | Lecture | Day | Date | Topic |
|---|---|---|---|---|
| 9 | 7 | wed | 28/Feb/24 | The Nested Fixed Point Algorithm (NFXP) |
| 8 | thu | 29/Feb/24 | Constrained Optimization Approaches to Structural Estimation (MPEC) | |
| 10 | 9 | wed | 06/Mar/24 | Sequential Estimation in Discrete Decision Problems: Nested Pseudo Likelihood (NPL) and CCP estimators |
| 10 | thu | 07/Mar/24 | Stationary Equilibrium: Equilibrium Trade in Automobile Markets | |
| 11 | 11 | wed | 13/Mar/24 | Equilibrium Trade in Automobiles (continued) Term papers |
| Week | Lecture | Day | Date | Topic |
|---|---|---|---|---|
| 11 | 12 | thu | 14/Mar/24 | The Euler Equation, Time iterations and EGM |
| 12 | 13 | wed | 20/Mar/24 | Discrete-Continuous Choice Models (DC-EGM) |
| 14 | thu | 21/Mar/24 | More on Stuctural Estimation simple code example of SMD | |
| 13 | 15 | wed | 27/Mar/24 | Empirical application of DC-EGM (Iskhakov and Keane, JoE 2021) |
| thu | 28/Mar/24 | Easter: No lecture | ||
| 14 | 16 | wed | 03/Apr/24 | DP and Machine Learning + Interpolated EGM (Adam/Jakob) |
| Week | Lecture | Day | Date | Topic |
|---|---|---|---|---|
| 14 | 17 | thu | 04/Apr/24 | Solving and estimating static games of incomplete information |
| 15 | 19 | wed | 10/Apr/24 | Structural Estimation of Dynamic Games using MPEC, NPL and 2-step-PML |
| thu | 11/Apr/24 | Solving and estimating directional dynamic games with multiple equilibria using RLS | ||
| 16 | 20 | wed | 17/Apr/24 | Solving and estimating directional dynamic games with multiple equilibria using RLS |
| thu | 18/Apr/24 | No lecture |
| Week | Lecture | Day | Date | Topic |
|---|---|---|---|---|
| 17 | wed | 24/Apr/24 | No lecture | |
| thu | 25/Apr/24 | Submit project proposal | ||
| 18 | wed | 01/May/24 | Research Workshop I (8 AM - 12 PM) | |
| thu | 02/May/24 | Research Workshop II (8 AM - 12 PM) | ||
| 23 | Tue | 04/Jun/24 | Submit term paper (10 AM) |