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Rendering the Internet’s “Invisible Hand” Visible

Online registration for this event is now closed.  Walk-in registration will be available at the event. Please see the main event page for more information about other Harper Lectures in your area and around the world.

8:00–8:30 p.m. Registration
8:30–9:45 p.m. Presentation and discussion
9:45–10:30 p.m. Reception

Includes program and refreshments

Electronic marketplaces clear trillions of dollars worth of transactions annually. Google processes 40,000 search queries per second. Online shopping, auctions, and dating have become facts of life. How are such exchanges designed? Mathematical models power many of these marketplaces, and massive amounts of data allow “market engineers” to work more efficiently, but such data also leads to complex computational challenges. In his talk, Ali Hortaçsu will outline some of these economic principles and provide examples of them at work.

Ali Hortaçsu is the Ralph and Mary Otis Isham Professor of Economics and the College at the University of Chicago. He is one of the first economists to systematically study online markets to improve their efficiency. He has published widely and is currently coeditor of the Journal of Political Economy. A fellow of the Econometric Society and research associate at the National Bureau of Economic Research, Hortaӏsu has engaged in research with Google, Microsoft, and the US Department of Treasury.

Event Contact

Joe Winegardner