Graduate Workshop in Computational Economics

A Simple(?) Homework Problem (1995--97)


Applause, Applause


Consider the following situation:

Agents are seated in an auditorium listening to a brilliant economics lecture. At the end of the talk, after wiping away the tears, the applause begins, and perhaps a standing ovation ensues.

  • Model, using whatever techniques you desire, the process of a standing ovation.

  • Suggest some economic scenarios that could be usefully modeled using such a process.


    Potential Solutions (to submit your solution, email them to miller@zia.hss.cmu.edu):


    John H. Miller , miller@zia.hss.cmu.edu.