Each period Vectum organises a research lecture in collaboration with the KE department (Quantitative Economics department), and this period’s lecture will be given by none other than Mark Schröder, one of E&OR’s most beloved professors. It will take place on Tuesday, October 10th at 19h at SBE, room TS53 C-1.05. 

During this lecture, Mark will present to us his research on the topic: Hotelling with externalities

Abstract: “We study a variant of Hotelling's location game. In this game, firms have to decide on a location on an interval. Hotelling's famous result says that firms have an incentive to locate close to each other if firms try to maximize their market share. We assume a different behavior of the consumers, which care about their travel distance as well as the number of other consumers visiting each firm. We see how this change in assumption affects the locations of the firms.”

After this lecture, you are also invited to come to our Committee Information Session at 20h15 during which we will shortly present the different committees. If you want to help strengthen Vectum, then make sure to join! (Note that you don’t have to join both the lecture and the presentation)
Finally, we will end the night with drinks at the Preuverij.