JSMF Postdoctoral Fellow at the Sant’Anna School for Advanced Studies
Marco Pangallo is a JSMF Postdoctoral Fellow at the Sant’Anna School for Advanced Studies, Pisa, Italy. He is part of the Institute of Economics and of the EMbeDS (Economics and Management in the era of Data Science) “department of excellence”. Marco obtained his PhD in Mathematics at the University of Oxford, being part of the Complexity Economics group of the Institute for New Economic Thinking at the Oxford Martin School. Prior to starting his PhD, he obtained a master’s degree in Physics of Complex Systems.
Marco is generally interested in understanding the economy quantitatively through a combination of data-driven and theoretical approaches. He believes that traditional economic models – grounded on optimization and equilibrium – are not best suited to quantitatively account for the complexity of the economy. In his postdoc, he is exploring the potential of alternative approaches, such as Agent-Based Models, for forecasting economic variables. Marco has also been working on game theory, housing markets and business cycles.
Currently, Marco is collaborating with INET Oxford on projects that try to understand business cycles as a result of endogenous phenomena, combining several economic forces that have been proposed to generate business cycles, and validating theoretical results on extensive microeconomic and macroeconomic datasets.
Towards a taxonomy of learning dynamics in 2 × 2 games
21 Dec 21
Studying 2X2 games for tractability, we recover some well-known results in the limiting cases in whi...
No. 2021-23 - Best-Response Dynamics, Playing Sequences, And Convergence To Equilibrium In Random Games
29 Nov 21
We analyze the performance of the best-response dynamic across all normal-form games using a random ...
No. 2021-18 - In and out of lockdown: Propagation of supply and demand shocks in a dynamic input-output model
22 Feb 21
Economic shocks due to Covid-19 were exceptional in their severity, suddenness and heterogeneity acr...
No. 2021-02 - Best-Response Dynamics, Playing Sequences, And Convergence To Equilibrium In Random Games
12 Jan 21
We show that the playing sequence–the order in which players update their actions–is a crucial deter...
Production networks and epidemic spreading: Re-opening the UK economy
07 Jun 20
This column reports several re-opening scenarios for the UK economy, documenting their projected imp...
No. 2020-12 - Production networks and epidemic spreading: How to restart the UK economy?
21 May 20
We analyse the economics and epidemiology of different scenarios for a phased restart of the UK econ...
Residential income segregation: A behavioral model of the housing market
01 Mar 19
We represent the functioning of the housing market and study the relation between in- come segregati...
Best reply structure and equilibrium convergence in generic games
20 Feb 19
We show that best reply cycles, basic topological structures in games, predict nonconvergence of six...
Home is where the ad is: online interest proxies housing demand
09 Nov 18
In this paper we investigate if online interest can be used as a proxy of housing demand, a key yet ...
No. 2017-07 - Best reply structure and equilibrium convergence in generic games
17 Mar 18