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The Role of Europe in a Multilateral World - November 19, 2009
In his lecture, “The Role of Europe in a Multilateral World,” Romano Prodi will examine the benefits and challenges presented by the European Union’s expansion. Although the enlargement of the union has had significant impact on the democratic transition in eastern Europe and has extended European markets, there is no unanimity on issues of security, energy, and foreign affairs. Prodi maintains that if the EU aims to play a key role on the world’s political stage, it will need to develop
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The Role of Europe in a Multilateral World - November 19, 2009
In his lecture, “The Role of Europe in a Multilateral World,” Romano Prodi will examine the benefits and challenges presented by the European Union’s expansion. Although the enlargement of the union has had significant impact on the democratic transition in eastern Europe and has extended European markets, there is no unanimity on issues of security, energy, and foreign affairs. Prodi maintains that if the EU aims to play a key role on the world’s political stage, it will need to develop
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America's War on Immigrants: Causes, Consequences, and Solutions - December 10, 2009
The President’s Lecture Series was established by President Shirley M. Tilghman in the fall of 2001 to give Princeton’s faculty an opportunity to learn about the work of their colleagues in other disciplines and to share their research with the University community. First proposed by Alan B. Krueger, the Lynn Bendheim Thoman, Class of 1976, and Robert Bendheim, Class of 1937, Professor in Economics and Public Policy, the lectures are presented three times a year and are open to the public.
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America's War on Immigrants: Causes, Consequences, and Solutions - December 10, 2009
The President’s Lecture Series was established by President Shirley M. Tilghman in the fall of 2001 to give Princeton’s faculty an opportunity to learn about the work of their colleagues in other disciplines and to share their research with the University community. First proposed by Alan B. Krueger, the Lynn Bendheim Thoman, Class of 1976, and Robert Bendheim, Class of 1937, Professor in Economics and Public Policy, the lectures are presented three times a year and are open to the public.
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The Copenhagen Climate Summit, in Context: What Came Before, What Happens Next?
The President’s Lecture Series was established by President Shirley M. Tilghman in the fall of 2001 to give Princeton’s faculty an opportunity to learn about the work of their colleagues in other disciplines and to share their research with the University community. First proposed by Alan B. Krueger, the Lynn Bendheim Thoman, Class of 1976, and Robert Bendheim, Class of 1937, Professor in Economics and Public Policy, the lectures are presented three times a year and are open to the public.
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The Copenhagen Climate Summit, in Context: What Came Before, What Happens Next?
The President’s Lecture Series was established by President Shirley M. Tilghman in the fall of 2001 to give Princeton’s faculty an opportunity to learn about the work of their colleagues in other disciplines and to share their research with the University community. First proposed by Alan B. Krueger, the Lynn Bendheim Thoman, Class of 1976, and Robert Bendheim, Class of 1937, Professor in Economics and Public Policy, the lectures are presented three times a year and are open to the public.
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'I Am Kinda': Reflections on the Culture of Imperialism

Famed linguist and political activist Noam Chomsky delivered a lecture titled "'I Am Kinda': Reflections on the Culture of Imperialism" at 7:30 p.m. Monday, March 8.

Chomsky, a professor emeritus of linguistics at the Massachusetts Institute of Technology, is a renowned public intellectual who has written and lectured widely on linguistics, philosophy, intellectual history, international affairs and U.S. foreign policy.

The lecture's title refers to a woman named Kinda who int
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'I Am Kinda': Reflections on the Culture of Imperialism

Famed linguist and political activist Noam Chomsky delivered a lecture titled "'I Am Kinda': Reflections on the Culture of Imperialism" at 7:30 p.m. Monday, March 8.

Chomsky, a professor emeritus of linguistics at the Massachusetts Institute of Technology, is a renowned public intellectual who has written and lectured widely on linguistics, philosophy, intellectual history, international affairs and U.S. foreign policy.

The lecture's title refers to a woman named Kinda who int
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The Fruits of the Genome for Society - February 17, 2010
Lunch 'n Learn presentation: The sequence of the human genome, the primary goal of the Human Genome Project, was achieved just a few years ago. Because our genomes are a string of 3 billion sequences of four chemical letters in the DNA polymer, the ability to obtain genomic sequences depended on revolutionary progress not just in DNA chemistry but also on the equally revolutionary advances in speed, capacity and versatility of digital computers. By far the most prominent result of the determinat
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The Fruits of the Genome for Society PDF - February 17, 2010
Lunch 'n Learn presentation: The sequence of the human genome, the primary goal of the Human Genome Project, was achieved just a few years ago. Because our genomes are a string of 3 billion sequences of four chemical letters in the DNA polymer, the ability to obtain genomic sequences depended on revolutionary progress not just in DNA chemistry but also on the equally revolutionary advances in speed, capacity and versatility of digital computers. By far the most prominent result of the determinat
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Andrew Moravcsik, Professor of Politics: "Is there a Democratic Deficit in World Politics?" - April
The President’s Lecture Series was established by President Shirley M. Tilghman in the fall of 2001 to give Princeton’s faculty an opportunity to learn about the work of their colleagues in other disciplines and to share their research with the University community. First proposed by Alan B. Krueger, the Lynn Bendheim Thoman, Class of 1976, and Robert Bendheim, Class of 1937, Professor in Economics and Public Policy, the lectures are presented three times a year and are open to the public.
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24 - Asymmetric information: auctions and the winner's curse
We discuss auctions. We first distinguish two extremes: common values and private values. We hold a common value auction in class and discover the winner's curse, the winner tends to overpay. We discuss why this occurs and how to avoid it: you should bid as if you knew that your bid would win; that is, as if you knew your initial estimate of the common value was the highest. This leads you to bid much below your initial estimate. Then we discuss four forms of auction: first-price sealed-bid, sec
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22 - Repeated games: cheating, punishment, and outsourcing
In business or personal relationships, promises and threats of good and bad behavior tomorrow may provide good incentives for good behavior today, but, to work, these promises and threats must be credible. In particular, they must come from equilibrium behavior tomorrow, and hence form part of a subgame perfect equilibrium today. We find that the grim strategy forms such an equilibrium provided that we are patient and the game has a high probability of continuing. We discuss what this means for
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21 - Repeated games: cooperation vs. the end game
We discuss repeated games, aiming to unpack the intuition that the promise of rewards and the threat of punishment in the future of a relationship can provide incentives for good behavior today. In class, we play prisoners' dilemma twice and three times, but this fails to sustain cooperation. The problem is that, in the last stage, since there is then is future, there is no incentive to cooperate, and hence the incentives unravel from the back. We related this to the real-world problems of a lam
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08 - Nash equilibrium: location, segregation and randomization
We first complete our discussion of the candidate-voter model showing, in particular, that, in equilibrium, two candidates cannot be too far apart. Then we play and analyze Schelling's location game. We discuss how segregation can occur in society even if no one desires it. We also learn that seemingly irrelevant details of a model can matter. We consider randomizations first by a central authority (such as in a bussing policy), and then decentralized randomization by the individuals themselves,
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03 - Iterative deletion and the median-voter theorem
We apply the main idea from last time, iterative deletion of dominated strategies, to analyze an election where candidates can choose their policy positions. We then consider how good is this classic model as a description of the real political process, and how we might build on it to improve it. Toward the end of the class, we introduce a new idea to get us beyond iterative deletion. We think about our beliefs about what the other player is going to do, and then ask what is the best strategy fo
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21 - Forwards and Futures
Futures markets were started in Osaka, Japan in the 1600s to create an authoritative and meaningful market price for agricultural products, using standardized contracts. Since then, futures markets have been copied around the world to allow the hedging various future risks, financial and other. In the United States, the Chicago Mercantile Exchange and the Chicago Board of Trade have been the most popular futures trading markets. Although futures markets are changing and becoming more electronic,
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21W.780 Communicating in Technical Organizations (MIT)
This class offers students an opportunity to experiment with various forms and practices of cellphone communication and, most importantly, to propose and develop a semester-long project using advanced A780 cellphones donated by Motorola along with access to J2ME™ source code for programming cellphone applications. Class size is limited. Students in small collaborative groups will propose, implement and report on a semester-long project.
Author(s): Barrett, Edward C.,Bentley, Frank

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Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative C

The Joy of Economics: Making Sense out of Life
My goal is to provide an accessible book that reflects this theme of choice and conveys a sense of the breadth and power of basic economic analysis. It assumes no prior knowledge of economics and can be read and appreciated by anyone. While some parts of the book cover conventional material, others do not. I've ignored many traditional topics and substituted ones that apply economics in unusual and often provocative ways. The chapters are not meant to be definitive, they are meant to raise q
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16 - Days of Jubilee: The Meanings of Emancipation and Total War
This lecture focuses on the process of emancipation after the passage of the Emancipation Proclamation on January 1, 1863. The Proclamation, Professor Blight suggests, had four immediate effects: it made the Union army an army of emancipation; it encouraged slaves to strike against slavery; it committed the US to a policy of emancipation in the eyes of Europe; and it allowed African Americans to enlist in the Union Army. In the end, ten percent of Union soldiers would be African American. A numb
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