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Thursday, 26 May, 2016

07:00 | Special Event

3rd Conference on Rational Inattention and Related Topics

This unique conference will present several of the most recent papers that focus on the theory and applications of rational inattention. The common theme of this topic is that economic agents cannot pay attention to all available information regardless of its source, namely whether it is presented in the media, communicated by a friend or spread upon request at an agency. The presented applications span empirical evidence on the features of the implied behavior, theoretical findings as well as implications for political economy, tax theory or business cycles.  

Confirmed speakers:

  • Christopher Sims, Princeton University
  • Mirko Wiederholt, Goethe University, Frankfurt
  • Bartosz Maćkowiak, European Central Bank
  • Andrew Caplin, New York University
  • Mark Dean, Columbia University

Submission deadline: 22 April, 2016

Submit papers at This email address is being protected from spambots. You need JavaScript enabled to view it.

See the updated program.

Crash course on rational inattention

25 May, 2016

Graduate students and others interested in the topic are welcome to apply to attend the course, which will be taught free of charge by Filip Matějka, and to stay for the conference. Limited funds to cover accommodation are availbale for selected students.

Apply by 22 April, 2016 at This email address is being protected from spambots. You need JavaScript enabled to view it.

See the program.

The conference is part of a project that has received funding from the European Research Council (ERC) under the European Union's Horizon 2020 research and innovation programme (grant agreement No 678081).

16:00 | Public Lecture

Prof. Aswath Damodaran (NYU Stern School of Business) “Corporate Finance and Valuation”

CERGE-EI's Applied Economics Discovery Hub is excited to host a public lecture by Professor Aswath Damodaran from the New York University Stern School of Business, organized by Prague Wall Street Club. Prof. Damodaran will share with us his views on Corporate Finance and Valuation.

“In a science, if you get the inputs right, you should get the output right. The laws of physics and mathematics are universal and there are no exceptions. Valuation is not a science. In an art, there are elements that can be taught but there is also a magic that you either have or you do not. The essence of an art is that you are either a great artist or you are not. Valuation is not an art. A craft is a skill that you learn by doing. The more you do it, the better you get at it. Valuation is a craft.”

Aswath Damodaran, NYU Stern School of Business

Poster for download

The capacity for this event is limited, register to reserve your spot!

Watch Slideslive video from the lecture.