Econometric Game 2018

General

Every year, the University of Amsterdam is hosting the Econometric Game, one of the most prestigious projects organized by the study association for Actuarial Science, Econometrics & Operational Research (VSAE) of the University of Amsterdam. The participating universities are expected to send delegations of four students majoring in econometrics or relevant studies with a maximum of two PhD students. The teams will be given a case study, which they will have to resolve in two days. After these two days the ten teams with the best solutions will continue to day three. On the third day the finalists have to solve a second case while the other teams can go sightseeing in Amsterdam. After the teams have explored the city, all the participants will listen to each others presentations about their findings. The solutions will be reviewed by a jury of qualified and independent professors and they will announce the winner of the Game.

The Econometric Game 2017 took place on the 11th, 12th and 13th of April 2018 in Amsterdam.

See the aftermovie here:

Case

Econometrics is applied at the Econometric Game to challenge a variety of problems, ranging from poverty analysis to the effect of maternal use of alcohol during the pregnancy on the infants’ cognitive outcomes. Next to the academic world, we also provide an insight into a wide range of case studies, which occur in our society at a global level. This year's case revolved around the topic of the economics of happiness. The central question was: ‘What is the multiplier between the detrimental effect of unemployment on the wellbeing of the individual who is unemployed and the total effect of that person’s unemployment on the wellbeing of the group as a whole.

Case 11 and 12 April
Case 13 April

Casemaker and jury

Casemaker - Paul Frijters
This year’s casemaker is Paul Frijters. Paul Frijters completed his Masters in Econometrics at the University of Groningen, including a seven-month stayin Durban, South Africa before completing a PhD at the University of Amsterdam into wellbeing in Russia during the transition. He is currently a Professorial Research Fellow and Co-Director of the Wellbeing programme at the London School of Economics and he is also a Project Director of the World Wellbeing Panel. Professor Frijters specializes in applied micro-econometrics, including labor, happiness, and health economics,though he has also worked on pure theoretical topics in macro and micro fields. His main area of interest is in analyzing how socio-economic variables affect the human life experience. Professor Frijters is a prominent research economist and has published over 70 papers in fields including unemployment policy, discrimination and economic development. He regularly commentates on economic issues in newspapers and on television, including articles in the New York Times and on the BBC. Before joining the LSE, he was the Research Director of the Rumici Project, an international project into the migration from the countryside to the cities in China and Indonesia, sponsored by ministries, the World Bank, the Ford Foundation, and many others, tracking 20,000 individuals for many years. In 2009 he was voted Australia's best young economist under 40 by the Australian Economic Society.

Jury - Bernard van Praag
Bernard van Praag has a master’s degree in econometrics from the University of Amsterdam. In 1968he completed his PhD cum Laude at the University of Amsterdam. After being a lecturer in econometrics at the Free University of Brussels, professor Van Praag became a lecturer in Economics at Erasmus University Rotterdam. In 1972, he was awarded the title of professor in Economics at Leiden University. In 1984, he became professor in Mathematical Economics at Erasmus university and in 1992, he was awarded professor in Applied Economics at the University of Amsterdam. Bernard van Praag published in many international journals about the measurement of happiness and wellbeing, poverty and econometric methodology. In 2004, he published a monography at Oxford University Press together with A. Ferrir-i-Carbonell called Happiness Quantified; A Satisfaction Calculus Approach. He was fellow-founder and first director of the Tinbergen Institute

Jury - Erik Plug
Erik Plug is Professor of Economics at the University of Amsterdam. He is the current president of the European Association of Labour Economists (EALE). Erik is also research fellow at Tinbergen Institute, Uppsala Center for Labor Studies (UCLS), and past president of the European Society of Population Economics (ESPE). His main research interests center around family, education and labor economics. His work is published in among others American Economic Review, Industrial and Labor Relations Review, Journal of Economic Literature, Journal of Labor Economics, Journal of Political Economy and the Quarterly Journal of Economics. Erik received his PhD in Economics from the University of Amsterdam in 1997.

Jury - Bas van der Klaauw
Bas van der Klaauw is professor of economics at the VU University Amsterdam and Research Fellow of the Tinbergen Institute. Furthermore, he is affiliated with the CEPR and IFAU (Uppsala). He obtained his Ph.D. from the VU University Amsterdam in May 2000. His previous affiliations include a visiting position at the Department of Economics of the University of Pennsylvania. Among other things, Bas van der Klaauw has published in Journal of Econometrics, Journal of Business and Economic Statististics, Journal of Public Economics, and Journal of Labor Economics. His current research interests include empirical microeconometrics, labor economics and health economics.

Findings

Below, you find the findings of the top 3 of the Econometric Game 2018:

1. Universidad Carlos III Madrid
Case A
Case B
2. Harvard University
Case A
Case B
3. Aarhus University
Case A
Case B

Committee

Casper Hoogenboom
Casper Hoogenboom
Chairman

Hi! My name is Casper Hoogenboom and I am currently in the third year of my bachelor Econometrics at the University of Amsterdam. I am really proud to be the chairman of this year’s Econometric Game committee. As the committee, we arrange the facilities, acquisition, participants (universities), case study, media, promotion and magazine. Especially for me as chairman, I will lead the meetings, acquire and maintain important relations and I will have the final responsibility for the event. I am really looking forward to the 2018 edition and I wish all participants good luck with the case and a great time in Amsterdam. Hope to see you all in April 2018!

Hi, my name is Eveline. Currently, I am working on my master in Econometrics at the University of Amsterdam. As the person in charge of providing the case, I make sure that the academic level of the game is up to par, as well as that it challenges you in other ways, like creativity. I myself try to develop myself apart from my studies as well, in rowing and coaching. I am very much looking forward to this year’s Econometric Game and I wish you all good luck on the case!

Eveline Duyster
Eveline Duyster
Case & Treasurer
Vien Dinh
Vien Dinh
Universities

My name is Vien. Currently, I am a third-year bachelor student at the University of Amsterdam, studying Econometrics. When I’m not studying you can find me in the city chilling somewhere. I will be the contact person for the universities and participants for the coming edition of the game. We look forward to giving you an unforgettable time in Amsterdam!

Hi, my name is Eleanoor Polder. Currently, I’m in my third year of the bachelor Econometrics & Operation Research at the University of Amsterdam. This year I will focus on the acquisition for the Econometric Game. I’m looking forward to the event, it will be another 3 days full of passion, tension, focus and fun. Good luck with the preparations and most of all enjoy the event!

Eleanoor Polder
Eleanoor Polder
Acquisition
Robin Koppe
Robin Koppe
Media & PR

Hi! I am currently a third-year econometrics and first-year law bachelor student at the University of Amsterdam (UvA). Besides that, I teach calculus at an undergraduate foundation programme linked to the UvA. I will be concerning myself with the PR and media for year’s edition of the Econometric Game. I am really looking forward to seeing you at the Econometric Game 2018!

Hi! My name is Luna and I am currently in my third year of the bachelor Econometrics at the University of Amsterdam. This year I will be in charge of all the facilities and necessities needed to make the Econometric Game a success. I am very excited to make this an unforgettable event for you. The best of luck with the preparations and I’ll see you guys at the Econometric Game in 2018!

Luna Potic
Luna Potic
Facilities