24 April 2019

Silver medal at the World Championships of Econometrics

The Econometric Game is a yearly event in Amsterdam, often dubbed as the World Championships of Econometrics, and took place this year from April 10 to April 12. Maastricht University has been a consistent participant in the game for the last ten years, battling it out with the likes of Harvard University, Universidad Carlos III, and the University of Monash for eternal glory. Thirty teams competed against each other in a 28-hour case, after which the 10 best entries got selected to participate in the finals. 

The topic of the cases for this year was Climate Econometrics, with the first case being about creating a model to forecast carbon dioxide atmospheric concentration, and exploring best- and worst-case scenarios for our planet's future! The Maastricht team, consisting of Caterina Schiavoni (PhD), Elisa Voisin (PhD), Anne Pieters (MSc), and Lea Bottmer (MSc), managed to make it into the top 10, and therefore took part in the 9-hour final case. The final case was an extension of the first, with the twist of now looking at contributions of individual countries or groups of countries, and then proposing a distribution scheme for the required emissions reductions in these countries. We are proud to announce that our team came in 2nd place during this final case, and therefore also placed 2nd of all 30 teams! This means that Maastricht University automatically enrolls for the competition next year, and we will be looking forward to Maastricht taking the win!

Econometrics game