Ennio Stacchetti

Ennio Stacchetti (* before 1977) is a Chilean mathematician , computer scientist and economist . He made a name for himself in particular with the recursive representation of dynamic games with hidden actions and states in the field of game theory .

Life

Stacchetti finished his mathematics studies at the Universidad de Chile in 1977 . He then left his home country and went to the United States . He studied computer science at the University of Wisconsin . In 1980 he graduated with a Master of Science degree , three years later he graduated with a Ph.D.

In 1984 Stacchetti went to Stanford University as an assistant professor , where he worked in the department for computer-aided economic research. In 1992 he moved to the University of Michigan as an assistant professor , and two years later he became an associate professor . In 1996 the university appointed him full professor. In 2002 he followed a call from New York University and joined the local economics faculty as a professor.

Stacchetti's main areas of interest are economic theory , decision theory and game theory . Together with Dilip Abreu and David W. Pearce , he developed a game-theoretic model for sub-game-perfect approaches. In particular, using dynamic programming , the scientists showed that solutions to games with an infinite time horizon can be recursively represented by an algorithm and thus calculated more easily. Applied to business reality, this mathematical model can be used to set up the decision-making function of a company depending on the prices of previous periods and its own production volumes, provided that only the prices of competitors can be observed for the previous periods, but not their volumes. This situation should therefore be understood as a game with imperfect information, which is covered by this approach.

Stacchetti has been a Fellow of the Econometric Society since 2001 .

Web links

• Ennio Stacchetti at New York University
• Ennio Stacchetti at New York University