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Department of Informatics Computation and Economics Research Group

Seminar: Advanced Topics in Economics and Computation

Lecturers: Prof. Dr. Sven Seuken
Teaching Assistant: Jakob Weissteiner
Teaching Language English
Level BSc, MSc
Academic Semester Spring 2020
Time and Location

Kick-off meeting: Date: 19.02.2020, Time: 12:00-13:00 , Building: BIN, Room: 1.D.29

Presentation day: Date: 15.05.2020, Time: 13:00-16:30, Building: BIN, Room: 1.D.29

AP (ECTS): 3 (including a mark)
Office Hours Send email for appointments.

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Course Content

In this seminar, we will discuss advanced topics in economics and computation (list of topics will be made available in the kick-off meeting). Students review a paper, independently acquire the necessary background knowledge, and write a ca. 6-10 pages manuscript. They give a presentation (20 min.) on the topic of their paper, and lead a short discussion (10 min.) following their presentation. Students support each other as "buddies".

Teaching Format and Setup

The seminar will be held as a "Block-Seminar". The kick-off meeting will be at the beginning of the semester on Date: 19.02.2020.

After the kick-off meeting, students can report which topics they prefer and in which order (cf. the kick-off slides for the format), and we will then assign topics to students accordingly via the RSD mechanism. After that, students will receive their own topic and date of their talk as well as the list of all assigned topics and they have to confirm their participation in the seminar. They may also submit a preference order for the topic for which to act as the "buddy". We will then assign buddies using RSD again.

To guarantee an acceptable student/staff ratio, we may have to restrict the number of students.

Together with their topic, students are assigned an advisor (one of the lecturers or a PhD student or PostDoc with expertise in the relevant area). Students read and understand their paper and write their manuscript, which has to be sent to the advisor and to the buddy at least four weeks before the talk, i.e., until Date: 24.04.2020. About three weeks before the talk, a meeting with the advisor and the buddy is held in which the manuscript is discussed. The aim of this meeting is to test the student's understanding of the topic, clear any remaining gaps in understanding and to ensure a high quality of the talk. The advisor may suggest improvements to the manuscript, which should be implemented until the day of the talk.

The version of the manuscript sent to the advisor will be subject to grading, so this version should be as good as possible.

Manuscript
 

Submission: Manuscripts need to be submitted via email to Jakob Weissteiner until 23:59 two nights before the seminar day (e.g., if the seminar is on Friday, the manuscripts need to be submitted on Wednesday evening at 23:59).

The manuscript should read like a written version of your talk. It should contain everything you want to present, e.g. motivation, formal model, related literature, core theorems and interesting proofs or proof ideas. It does not have to contain every aspect of your topic in full detail (but references where to find the details are appreciated). Your talk, and therefore also your manuscript, should describe at least one technical key contribution in depth. Depending on your paper, this could be a proof or even an example. Avoid providing a mere overview of the contribution.

When you're writing the manuscript, you should already be thinking about the talk.The manuscript helps us to see that you made the transformation to a top-downpresentation: Explain what the paper is about, why it is interesting/matters, and then provide the most interesting technical details. Pre-discuss with your buddy what the manuscript should be about (early, in mid March or so).

The value of 10 pages is by no means mandatory as the length of your manuscript. The length may depend on various aspects, like how many figures or how many technical details you have included. However, experience has shown that good manuscripts tend to be about this long, so if your manuscript is much shorter, you might want to re-think whether you have laid out your topic in sufficient detail. On the other hand, if your manuscript is much longer, you should check if some aspect can be described in a more compact or simplified way. 

Even though it is useful to think about the manuscript as a "speaker's manuscript", do NOT read from the manuscript while giving the talk. Do not even look at the manuscript during your talk. You should be able to give the talk freely, either with slides or at the whiteboard.

Although it may be tempting at times, please do not copy any passages literally from the paper into your manuscript without attribution. This is plagiarism and will not be tolerated. In case the authors of the original paper have found a particularly good wording that you want to keep, format it as a proper quotation. Another thing you'll want to avoid is to rephrase essentially every sentence one by one, so that you technically didn't copy anything, but the message of your text is exactly the same as the original. Instead, you can often summarize or emphasize different aspects, focus on what you consider important, or present the material from your own point of view. This is how you add value on top of the original material. Exempt from these rules are very technical parts like formulas or the statements of theorems. Proofs, on the other hand, can often be written down more succinctly.

Buddy concept

Every student supports another student as a "buddy" in understanding the material and preparing the talk. In particular, it is expected that a buddy ...

  • reads the paper of "his" student.
  • meets with the student on a regular basis.
  • reads the student's manuscript.
  • attends the final meeting with the advisor and gives feedback on the manuscript. As a buddy, be honest! Don't be afraid to point out weaknesses. The purpose of this meeting is to improve the manuscript and the talk, not to judge the first version of the manuscript.
  • attends a trial talk of the student and gives constructive feedback.
  • actively participates in the discussion part of the final talk.

The "buddy" relation will not in general be symmetric.

Resources

You can find some useful guides (how to read a paper, how to give a talk) at this website (at "Links and resources") of a previous course taught by Tim Roughgarden at Stanford.

The following are two very good manuscripts from the previous year's seminar. Feel free to use them as an example.

Prerequisites

Successful completion of one of the courses "Economics and Computation" or "Algorithmic Game Theory" or explicit consent from an instructor.

Students who have not taken any of the two lectures, but have enough background in relevant areas (e.g., microeconomics, game theory, multi-agent systems, auction theory, or mechanism design) may also be eligible to participate. They must contact an instructor ahead of time and include transcripts and descriptions of relevant courses they have successfully completed.

Target Audience

Suitable for all BSc and MSc students who have successfully completed one of the courses "Economics and Computation" or "Algorithmic Game Theory", or who have obtained similar background knowledge elsewhere. Specifically recommended for students thinking about writing their BSc or MSc thesis on a topic related to Economics and Computation.

Teaching/Learning Goals

  1. Developing a deep understanding of advanced topics in economics and computation.
  2. Conducting a literature review.
  3. Being able to independently read research papers on economics and computation.
  4. Being able to critically evaluate and discuss research papers and identify open research problems.
  5. Reviewing other people's research papers.
  6. Writing a technical paper on a clearly defined subject.
  7. Holding an oral presentation about a topic and leading a discussion.

Examination

  1. Final manuscript (~10 pages).
  2. Oral presentation of the paper (at the blackboard or using slides) and leading a discussion.
  3. Acting as a buddy/shepherd for another student
  4. Active participation during the seminar.

Grading

  • Presentation: 40%
  • Manuscript: 30%
  • Buddy/shepherd: 20%
  • Seminar participation: 10%

Seminar Day Schedule

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Weiterführende Informationen

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