Seminars in Economics

Seminars in Economics

Views Navigation

Event Views Navigation

Today

Seminars in Economics Axel Borsch Supan (Munich Center for the Economics of Aging)

"Human errors and pension reform" abstract The talk will discuss the microeconomic, macroeconomic and public policy implications when many households make mistakes due to myopia, procrastination and/or mispredictions. I will start with the motivation and background for this topic: aging and the general strategy of pension reforms in Europe, including more saving for old-age in…

Seminars in Economics Sarah Auster (Bocconi)*

"Optimal Delegation, Unawareness, and Financial Intermediation" abstract We study the delegation problem between an investor and a financial intermediary. The intermediary has private information about the state of the world that determines the return of the investment. Moreover, he has superior awareness of the available investment opportunities and decides whether to reveal some of them…

Seminars in Economics Marco Scarsini (Luiss University)

"On the asymptotic behavior of the price of anarchy" abstract This paper examines the asymptotic behavior of the price of anarchy as a function of the total traffic inflow in nonatomic congestion games with multiple origin-destination pairs.We first show that the price of anarchy may remain bounded away from 1, even in simple three-link parallel networks…

Seminars in Economics Avi Goldfarb (Toronto University)

"Exit, Tweets, and Loyalty" abstract Hirschman’s Exit, Voice, and Loyalty highlights the role of “voice” in disciplining firms for low quality. We develop a formal model of voice as a relational contact between firms and consumers and show that voice is more likely to emerge in concentrated markets. We test this model using data on…

Seminars in Economics Antoine Dechezlepretre (LSE)

"Do pollution offsets offset pollution? Evidence from the Clean Development Mechanism in India" Abstract We examine the impact of low-cost imports on firms’ propensity to engage in material-saving (’clean’) innovation and product innovation using a dataset that combines firm-level international trade data with self-reported innovation data for around 9,000 French companies observed from 1998 to…