Artyom Shneyerov

Artyom Shneyerov is a microeconomist working at Concordia University in Montreal, Quebec, Canada. He is also an associate editor of the International Journal of Industrial Organization.[1] His current research is in the fields of game theory, industrial organization and applied econometrics. His contributions to these and other areas of economics include the following:

  • In his paper "An empirical study of auction revenue rankings: the case of municipal bonds",[2] he introduced an approach for the estimation of counterfactual revenues in a common value auction without the need to identify model primitives. He showed that for any given reserve price, equilibrium bids from …first-price auctions can be used to identify the expected revenues in Vickrey auction with the same reserve price. In addition, he derived an explicit bound on expected revenue for English auctions. His approach is based on the revenue ranking theorem of Milgrom and Weber.[3] He has applied these results to municipal bond auctions in California. This paper is discussed in a handbook of industrial organization.[4]
  • Jointly with Mark Satterthwaite,[5] and his former student Adam Chi Leung Wong, obtained a number of results about the structure of equilibria of dynamic matching and bargaining games and their convergence to perfect competition .[6][7][8] Some of these results are discussed in Bergemann and Balat (2008),[9] the lecture notes of a graduate economics course at Yale University. These games are often used to provide a foundation for the perfect competition hypothesis, one of the basic concepts in economics. They are also used frequently in search models of labor economics.[10] Most dynamic matching and bargaining models in the previous literature assumed full information.[11][12] This means that in a given meeting, the buyer knows the minimum the seller is willing to accept for the item, and the seller knows the maximum the buyer is willing to pay. This assumption is often violated in reality. Satterthwaite and Shneyerov have shown that the dynamic matching and bargaining market is nevertheless approximately competitive as the time between matches becomes progressively smaller.
  • Has also done early work on the measurement of income inequality.[13][14] In "Path Independent Inequality Measures", he and James Foster introduced inequality measures that are decomposable into within and between group components. These measures have been recently applied more broadly than income inequality, e.g. to selection into and across lending contracts in Thailand.[15]
Artyom Shneyerov
Born
St. Petersburg, Russia
NationalityCanadian
Alma materNorthwestern University (Ph.D.)

Vanderbilt University (M.A.)

St. Petersburg Polytechnical University (B.S.)
Known forGame theory, Industrial organization, Econometrics
Scientific career
FieldsEconomist
InstitutionsConcordia University (Montreal, Quebec, Canada)

References

  1. The International Journal of Industrial Organization
  2. Shneyerov, Artyom (December 0335). "An empirical study of auction revenue rankings: the case of municipal bonds". The RAND Journal of Economics. 37 (4): 1005–1022. CiteSeerX 10.1.1.202.3581. doi:10.1111/j.1756-2171.2006.tb00068.x.
  3. Milgrom, Paul R.; Robert J. Weber (September 1982). "A Theory of Auctions and Competitive Bidding" (PDF). Econometrica. 50 (5): 1089–1122. doi:10.2307/1911865. ISSN 0012-9682. JSTOR 1911865.
  4. Hendricks, Ken; Robert H. Porter (2007). "An Empirical Perspective on Auctions". Handbook of Industrial Organization. 3. Elsevier. pp. 2073–2143.
  5. The author of Gibbard–Satterthwaite theorem and Myerson-Satterthwaite theorem
  6. Satterthwaite, Mark; Artyom Shneyerov (2007-01-01). "Dynamic Matching, Two-Sided Incomplete Information, and Participation Costs: Existence and Convergence to Perfect Competition". Econometrica. 75 (1): 155–200. CiteSeerX 10.1.1.579.6347. doi:10.1111/j.1468-0262.2007.00735.x.
  7. Satterthwaite, Mark; Artyom Shneyerov (July 2008). "Convergence to perfect competition of a dynamic matching and bargaining market with two-sided incomplete information and exogenous exit rate". Games and Economic Behavior. 63 (2): 435–467. doi:10.1016/j.geb.2008.04.014.
  8. Shneyerov, Artyom; Adam Chi Leung Wong (2009). "Bilateral matching and bargaining with private information". Games and Economic Behavior. 68 (2): 748. doi:10.1016/j.geb.2009.10.005.
  9. Dirk Bergemann and Jorge Balat, Advanced Microeconomic Theory 521B Lecture Notes Archived 2010-07-11 at the Wayback Machine
  10. Richard Rogerson, Richard; Robert Shimer; Randall Wright (2005). "Search-Theoretic Models of the Labor Market: A Survey". Journal of Economic Literature. 43 (4): 959–988. doi:10.1257/002205105775362014. Retrieved 2008-04-14.
  11. Rubinstein, Ariel; Asher Wolinsky (1990). "Decentralized Trading, Strategic Behaviour and the Walrasian Outcome". Review of Economic Studies. 57 (1): 63–78. CiteSeerX 10.1.1.295.2440. doi:10.2307/2297543. JSTOR 2297543. Retrieved 2008-04-16.
  12. Gale, Douglas (1987). "Limit theorems for markets with sequential bargaining". Journal of Economic Theory. 43 (1): 20–54. CiteSeerX 10.1.1.295.907. doi:10.1016/0022-0531(87)90114-1. Retrieved 2008-04-16.
  13. Foster, James E.; Artyom A. Shneyerov (April 2000). "Path Independent Inequality Measures". Journal of Economic Theory. 91 (2): 199–222. doi:10.1006/jeth.1999.2565.
  14. Foster, James E.; Artyom A. Shneyerov (1999-07-18). "A general class of additively decomposable inequality measures". Economic Theory. 14 (1): 89–111. CiteSeerX 10.1.1.383.5000. doi:10.1007/s001990050283. S2CID 8978754.
  15. Ahlin, Christian; Robert M. Townsend (February 2007). "Selection into and across credit contracts: Theory and field research" (PDF). Journal of Econometrics. 136 (2): 665–698. doi:10.1016/j.jeconom.2005.11.013.
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