Seminars

Seminars

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Monday Lunch Seminars Jeffrey Ely (Northwestern University), Daniel Garrett (Toulouse School of Economics), Toomas Hinnosaar (Collegio Carlo Alberto)

"Overbooking" Abstract We consider optimal pricing policies for airlines when passengers are uncertain at the time of ticketing of their eventual realized willingness to pay for air travel. Auctions at the time of departure efficiently allocate space and a profit maximizing airline can capitalize on these gains by overbooking flights and repurchasing excess tickets from…

Occasional Seminars An Overview of Longevity and Longevity Risk Management Research

Michael Sherris Professor of Actuarial StudiesChief Investigator, CEPAR (ARC Centre of Excellence in Population Ageing)Australian School of Business, Risk and Actuarial StudiesUniversity of New South Wales, Sydney Download Presentation La partecipazione è libera. Si chiede cortesemente di confermare la propria presenza a chiara.girotti@carloalberto.org - tel 0116705060. Sign up: click here Abstract: This presentation provides an overview of research results on…

Seminars in Economics of Innovation and Knowledge Marco Corsino, Università di Bologna

"External collaborations, on-the-job autonomy and the propensity to use patents to create new firms" abstract We analyze patent spinoffs by looking at the organizational characteristics of the parent organization, i.e. the firm where the patented invention has occurred. Understanding the origin of new technology ventures is important because they are the engine of creative destruction…

Seminars in Statistics Fabrizia Mealli (University of Florence)

Using secondary outcomes and covariates to sharpen inference in randomized experiments with noncompliance Restrictions implied by the randomization of treatment assignment on the joint distribution of a primary outcome and an auxiliary variable are used to tighten nonparametric bounds for intention-to-treat effects on the primary outcome for some latent subpopulations, without requiring the exclusion restriction…

Seminars in Economics of Innovation and Knowledge Josh Whitford (Columbia University, New York)

"Pragmatism, practice, and the boundaries of organization" Abstract The article uses a longitudinal qualitative analysis of key transitions in the relationship between Fiat Auto and a major supplier to challenge conventional approaches to the study of activities at the boundary between organizations. It shows, in particular, that scholars focused on the importance of "modular" product…

Monday Lunch Seminars Elisa Luciano (Collegio Carlo Alberto & Università di Torino)

"Equilibrium price of immediacy and infrequent trade" abstract The paper studies the equilibrium value of bid-ask spreads and time-to-trade in a continuous-time, intermediated financial market. The endogenous spreads are the price at which brokers are willing to offer immediacy. In case intermediaries pay trading costs, it includes them too. We determine equilibrium trading policies, returns…

Seminars in Statistics Natalia Bochkina (University of Edinburgh)

The Bernstein - von Mises theorem: relaxing its assumptions and extending it to nonregular models The Bernstein - von Mises theorem is an important result in Bayesian asymptotics, giving conditions under which the posterior distribution of a finite-dimensional parameter can be approximated by the Gaussian distribution. On one hand, this result quantifies consistency and efficiency…