"Social Bias in Online Product Ratings - AQuasi-Experimental Study" (Note: the seminar is on Thursday)

"From Agent-based models to network analysis (and return)"

"Sales and nonlinear prices when consumers have time inconsistent preferences" (Note: the seminar is on Thursday)

"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…

"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…

"Making Collusion Hard: Asymmetric Information as a Counter-Corruption Measure"

"Forbidden fruits: the political economy of science, religion, and growth"

"Crises and the Puzzle of Reforms" (Note: the seminar is on Thursday)

"More Battles Among Licensed Occupations: Estimating the Effects of Scope of Practice and Direct Access on the Chiropractic, Physical Therapist, and Physician Labor Market"

"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%…

"A Model of Educational Investment and Social Status"

"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…

"The fruits of disaggregation: the general engineering industry in Italy, 1861-1913" (Note: the seminar is on Thursday)

"Reputational Concerns and Price Comovements"

"The Role of Education in Fertility and Female Labour Participation in Spain: A Simultaneous Approach"

"Corruption, Accountability and Efficiency. An Application to Municipal Solid Waste Services" Download the paper

"Twisted Kuznets Curves"