Job Market Seminars

Job Market Seminars

  1. Events
  2. Job Market Seminars

Views Navigation

Event Views Navigation

Today

Job Market Seminars Bruno Salcedo (Penn State University)

"Pricing Algorithms and Tacit Collusion" Abstract There is an increasing tendency for firms to use pricing algorithms that speedily react to market conditions, such as the ones used by major airlines and online retailers like Amazon. I consider a dynamic model in which firms commit to pricing algorithms in the short run. Over time, their algorithms can be revealed…

Job Market Seminars Stefano Sacchetto (London Business School)

"Merger Activity in Industry Equilibrium" ABSTRACT We study a dynamic industry-equilibrium model that features mergers, entry, and exit by heterogeneous firms. We show how different sources of synergies affect merger cyclicality. Improvements in marginal productivity between merging firms generate a procyclical motive for mergers, while reductions in fixed costs of production generate a countercyclical one.…

Job Market Seminars Philipp Tillman (Chicago University)

"Entry into Electoral Races and the Quality of Representation" Abstract U.S. Congressmen are very likely to be reelected and survey evidence suggests that voters are satisfied with their representatives. On the other hand, a large political science literature interprets the high incumbent reelection rate as evidence of lacking entry by strong challengers, analyzing its sources, consequences, and potential cures.…