Seminars

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Seminars in Economics of Innovation and Knowledge Zak Taylor, Georgia Institute of Technology, Sam Nunn School of International Affairs

"Why are Some Countries Better at Science and Technology than Others?" abstract In order to be effective, must a nation’s political-economic institutions “fit” the cultural values of the society in which they are situated? Many countries, especially in the developing world, adopt foreign institutions with mixed levels of success. Often these institutions are chosen based…

Monday Lunch Seminars Roberto Marfe’ (Swiss Finance Institute and University of Lausanne, Institute of Banking and Finance)

"Realized Expectations and the Equilibrium Risk-Return Trade Off" abstract This paper considers a simple, closed form and parsimonious continuous-time general equilibriummodel with investors featuring “catching up with the Joneses” preferences under incomplete information.Investors have unbiased beliefs about economic growth in the long-run, but underestimatelong-run reversion depending on the evolution of economic conditions as suggested by…

Seminars in Politics and Society Ciara O’Dwyer (Collegio Carlo Alberto)

"Unilateral consensus? Regulatory Negotiation in the Nursing Home Sector" abstract Over the last fifteen years, “regulatory negotiation”, whereby regulated firms and other stakeholders participate in the rule-making process, has gained popularity as part of the Better Regulation movement. Proponents argue that the process increases compliance rates and helps to ensure that the rules are written…

Monday Lunch Seminars Andrei Savochkin (Collegio Carlo Alberto)

"Decision-Making Under Subjective Risk" Abstract: The primary objective of this paper is to develop a framework in which a decision-maker may have subjective beliefs about the "riskiness'' of prospects, even though the risk structure of these prospects is objectively specified. Put differently, we investigate preferences over risky alternatives by postulating that such preferences arise from…

Occasional Seminars Damiano Sandri (Economista, Fondo Monetario Internazionale Research Department, World Economic Outlook)

"Gestire un debito pubblico elevato: lezioni da 100 anni di esperienze internazionali" Introduction by Filippo Taddei (Collegio Carlo Alberto) Il seminario si basa sul capitolo terzo del World Economic Outlook. abstract Durante il secolo scorso, numerosi paesi avanzati hanno raggiunto livelli di debito pubblico simili a quelli odierni e vi hanno fatto fronte con diverse…

Monday Lunch Seminars Edoardo Grillo (Collegio Carlo Alberto)

"Reference Dependence and Electoral Competition" abstract "We consider a model of electoral competition in which two parties compete to get the support of a mass of voters. Each party is represented by a politician whose valence is unobservable. All voters prefer politicians with high valence, but ideological biases may lead them to vote according to party's affiliation. Candidates can…

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…