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Alfred Anate Bodurin Mayaki

STICERD Economic Theory Seminars - Samuelson and Guth

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Edited by Alfred Anate Bodurin Mayaki, Sunday, 20 Apr 2025, 13:21

Happy Easter!

An e-mail I just sent to Sadia Ali at LSE:

I hope you're doing well. I noticed that Professor Larry Samuelson (Yale) will be giving a class seminar on 1 May 2025, and I’d be grateful if you could kindly pass along a message to him. I recently completed a paper commemorating Werner Güth’s contributions to game theory—his pioneering work has profoundly impacted the field.

Prior literature on two-firm two-market and two-stage extended dynamic models has introduced what Guth (2016) succinctly terms a social dilemma. A state in which conglomerate firms competing in a Bertrand duopoly consider jointly optimizing profits under a tacit self-enforcing agreement to deter market entry. This theoretical article reinterprets the social dilemma highlighted by Guth (2016 ...
arxiv.org

Shortly after finishing the paper, I came across this article (below), and I was pleasantly surprised to see that Professor Samuelson has also paid thoughtful tribute to Güth’s legacy. It would be wonderful if LSE could consider hosting a seminar in honour of Werner Güth at some point in the future. Many would appreciate the opportunity to reflect on and celebrate his influence.

Werner Güth's ultimatum game played a key role in the development of multiple research areas, several of which are highlighted.
doi.org

Looking forward to Samuelson's seminar. If it's anything like Andrea Galeotti's (LBS) seminar, we should all be in for an amazing experience.
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