
Economics Centers Sponsor Key Events on Financial Issues
Global financial issues amidst the current economic turmoil were among the top issues highlighting three major events organized by Penn State's economics research centers, part of the College of the Liberal Arts.
Two Nobel Laureates in economics were keynote speakers at this year's annual conference sponsored by the Center for the Study of Auctions, Procurements and Competition Policy at the University Park campus.
Robert Engle, Nobel Laureate 2003 and the Michael Armellino Professor of Finance at New York University Stern School of Business, spoke at the opening session on Thursday. On Sunday's closing session, Eric Maskin, 2007 Nobel Laureate and the Albert O. Hirschman Professor of Social Science at the Institute for Advanced Study, spoke on "Elections and Strategic Voting: Condorcet and Borda."
This was the second annual conference aimed at bringing together the top economics researchers in the world, particularly in the field of auctions and procurements, to address current issues. The Institute for Financial Studies is a partner host, and the Human Capital Foundation is the sponsor of the conference.
The Center for the Study of Auctions, Procurements and Competition Policy will also co-sponsor a conference on "Volatilities and Correlations in Stressed Markets" on April 3, at New York University's Stern School of Business.