Blowin' in the Wind: Sequential Markets, Market Power, and ArbitrageA variety of economic goods are traded through sequential markets, a set of forward and real-time markets, to improve the efficiency of the final allocation. However, in many markets, prices across sequential markets do not converge in practice. We develop a theoretical framework to characterize strategic behavior in sequential markets ...
Where: BerkeleyCost: Free
Night HikeJoin us for hikes through our redwoods! Trail walks are led by an experienced hiker and Chabot educator and feature discussions about the natural environment, events and objects in the sky.Hike under the first quarter moon through the redwoods from twilight to moonlight on a easy 2-3 mile hike. After ...
