Monday Lunch Seminars
Monday Lunch Seminars
Monday Lunch Seminars Toru Kitagawa (UCL)
"A Test for Instrument Validity" Abstract This paper develops a specification test for instrument validity in the heterogeneous treatment effect model with a binary treatment and a discrete instrument. The strongest testable implication for instrument validity is given by the condition for non-negativity of point- identifiable complier’s outcome densities. Our specification test infers this testable…
Monday Lunch Seminars Dino Gerardi (Collegio Carlo Alberto)
"Dynamic Contracting with Limited Commitment and the Ratchet Effect"
Monday Lunch Seminars Juan Carlo Carbajal (University of New South Wales)
"Inconspicuous conspicuous consumption” (Note: the seminar is on Friday)
Monday Lunch Seminars Giuseppe Lopomo (Duke University, Fuqua School of Business)
"Budget-Constrained Procurement'' Abstract We characterize optimal procurement mechanisms for a financially constrained buyer facing suppliers with privately known costs. Optimal mechanisms can be implemented by simple sequential auctions.
Monday Lunch Seminars Andrea Buffa (School of Management Boston University)
"Asset Management Contracts and Equilibrium Prices" (Note: the seminar is on Thursday)
Monday Lunch Seminars Roberto Marfè (Collegio Carlo Alberto)
"Income Insurance and the Equilibrium Term-Structure of Equity"
Monday Lunch Seminars Toomas Hinnosaar (Collegio Carlo Alberto)
"Optimal mechanisms with risk-loving buyers"
Monday Lunch Seminars Michael Zhang (HKUST)
"Social Bias in Online Product Ratings - AQuasi-Experimental Study" (Note: the seminar is on Thursday)
Monday Lunch Seminars Pietro Terna (Collegio Carlo Alberto)
"From Agent-based models to network analysis (and return)"
Monday Lunch Seminars Marit Hinnosaar (Collegio Carlo Alberto)
"Sales and nonlinear prices when consumers have time inconsistent preferences" (Note: the seminar is on Thursday)
Monday Lunch Seminars Alan Kirman (Université d’Aix-Marseille III)
"The Crisis in Economic Theory" abstract This presentation will suggest that we need an alternative approach to economic modeling in general, and macroeconomic modelling in particular, if we are to capture salient characteristics of recent economic developments. There has been an implicit acceptance of the idea that an economy in which individuals are left essentially to their own devices will…
Monday Lunch Seminars Suvi Vasama (Humboldt University of Berlin)
"Real Options and Dynamic Incentives" abstract We examine a dynamic principal-agent model in which the output is correlated over time. The optimal contract determines a payment schedule from the principal to the agent and a liquidation policy. Incentive compatibility, together with the agent’s limited liability, requires that the firm is liquidated following a history of low returns. With…
Monday Lunch Seminars Juan Ortner (Boston University)
"Making Collusion Hard: Asymmetric Information as a Counter-Corruption Measure"
Monday Lunch Seminars Andrea Vindigni
"Forbidden fruits: the political economy of science, religion, and growth"
Monday Lunch Seminars Carlo Prato (Georgetown)
"Crises and the Puzzle of Reforms" (Note: the seminar is on Thursday)
Monday Lunch Seminars Edward Timmons (Saint Francis University)
"More Battles Among Licensed Occupations: Estimating the Effects of Scope of Practice and Direct Access on the Chiropractic, Physical Therapist, and Physician Labor Market"
Monday Lunch Seminars Alessandro Barattieri (ESG UQAM)
"Average-Cost Pricing: Some Evidence and Implications" Abstract We present new survey evidence on pricing behavior for more than 14,000 European firms, and study its macroeconomic implications. Among firms that are price setters, roughly 75% respond that their prices are set as a markup on total costs, a business practice termed "full cost pricing''. Only 25%…
Monday Lunch Seminars Edoardo Grillo
"A Model of Educational Investment and Social Status"
Monday Lunch Seminars Edmund Cannon (University of Bristol)
"Surprising selection effects in the UK car insurance market" Abstract We document a large and persistent anomaly in the UK car insurance market over the period 2012-13: insurance companies charged higher premiums for third-party (liability) insurance than comprehensive insurance (where the latter includes third-party). In addition, some companies charged higher prices for comprehensive policies with…