The Centre for Research in Economics and Management (CREA) at the University of Luxembourg today announced that Nobel Prize winner  Professor Roger Myerson will be a keynote speaker for the 16th edition of the Public Economic Theory (PET) Conference.

Professor Myerson, who won the Nobel Prize in 2007 for his contributions to mechanism design theory, will give a talk at the annual conference on local agency costs of political centralisation. In his study, Roger Myerson argued that constitutional centralisation risks raising the economic costs of moral hazard in public spending and affecting the efficiency of local public goods provision.

Professor Myerson’s speech will take place on Friday 3 July 2015 from 14:30 until 16:00 at Utopolis Kirchberg, and will be accompanied by additional lectures from Professors Robin Boadway of Queens University and Martin Hellwif of the Max Planck Institute for Research on Collective Goods. The titles of the presentations will be "Cash-Flow Business Taxation Revisited: Bankruptcy, Risk Aversion and Asymmetric Information" and "Banks, Governments and Central Banks in the Financial and Economic Crisis", respectively.  

The three day long conference, aimed at the promotion of theoretical research in public finance, will cover a wide range of topics: game theory; international economics; economic tensions; fiscal competition; and environmental economy. The programme will be divided into sessions, two per half day, each of them covering simultaneously about 15 topics. Each topic will be discussed by a set of four experts, researchers and professors from the University of Luxembourg but also leading practitioners and academics from abroad.

The conference will also represent the launch of the very first edition of the PET Award for an Outstanding Submission by a researcher. The winner will receive $1,000 and free registration for PET 2016 in Rio de Janeiro. Submission is open to any researcher with a PhD of less than five years and graduate students.

Eligible participants can apply when registering.

 

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