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Lance Fortnow
Northwestern University
Computation inEconomic Models
If it is hard to computer an equilibrium than the market might not be getting there.
Complexity of Equilibrium
Cannot compute the best strategiesLeads to different equilibrium
Using the assumed limited computational ability of opponents to our advantage.
Bounded Rationality
Consumer Choices
Computational Awareness
1808 Restaurants in Durham
Secure Communication (E-Commerce)
Secure Computation (Cloud Computing)
Psuedorandomness (Mixed Strategies)
Cryptography
Ability or Inability to learn, predict and adapt to opponents strategies
Provide tools and recommendations to consumers
Loss of privacy
Computational Learning
Computation as Friction