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Entries for this week: 4
Wednesday August 29, 2018

Departmental Tea Time
C is for cookie, and shorthand for C[0,1] w/the sup norm
Time: 3: Room: 204 LOV
Thursday August 30, 2018

Financial Math Seminar
Organizational Meeting
    - Alec Kercheval, FSU
Time: 3:35 pm Room: LOV 201
Friday August 31, 2018

Colloquium Tea
Time: 3:00 pm Room: 204 LOV
Mathematics Colloquium [url]
The agency problem with noise mitigation
    - Arash Fahim, FSU
Time: 3:35 pm Room: LOV 101
Abstract/Desc: The agency problem is one of the most influential problems in economics and earned Oliver Hart and Bengt Holmström their Nobel prize. It deals with an agent who is under a contract to provide an output for a principal. In return, the principal must pay her according to their agreement. The agent effort is not observed by the principal; while the principal only observes the output, he cannot tell the agent's action or lack thereof apart from the external noise. We provide an overview of the agency problem and present some of our recent results for the case when the principal can reduce the noise by paying a cost.

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