Econometric Game 2018
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.
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.’