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Washu Computer Scientist Considers Competition's Effect on Social Welfare

By Washington ­niversity in St. Louis

August 27, 2015

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Washington University in St. Louis professor Sanmay Das received a three-year, $429,600 grant from the U.S. National Science Foundation (NSF) to use novel methods to model the dynamics of competing platforms in the financial markets, kidney exchange, and e-commerce searches.  

Das will combine computer science, economics, and operations research, including computational game theory and multi-agent simulation.  

In financial markets, kidney exchange, and e-commerce searches, competition between platforms takes place where people and artificial agents come together.  The competition can have a significant impact on social welfare, and Das will use the NSF grant to explore these effects.  

For example, in the financial markets, his team will consider whether high-frequency trading is beneficial or costly to society.  

"We expect that our research will have policy implications in each of the three areas we will focus on and could affect the design and regulation of each of these areas long-term," Das says.

From Washington University in St. Louis
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