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Federico Etro (Florence School of Economics and Management)
January 25, 2022, 14:00–15:00, Zoom Meeting
We study a hybrid marketplace such as Amazon selling its own products and set- ting a commission rate on revenues of sellers engaged in monopolistic competition with free entry. For a large class of microfoundations based on a representative agent, the introduction of products by the marketplace is...
Online, January 14, 2022
January 13–14, 2022
Allen Vong (University of Macau)
January 11, 2022, 14:00–15:00, Zoom Meeting
We study a model where a large number of citizens learn a hidden state individually on an online platform. The platform receives news reports about the state and imperfectly filters misinformation in the reports, triggering conflicts about the value of the state among the citizens. We show that a...
Maria Bigoni (University of Bologna)
Toulouse: TSE, December 17, 2021, 14:00–15:30, room Online
We study the interaction between the financial and the real sector in a macroeconomy. Existing experiments about financial intermediaries either study the financial side in isolation, or model the real sector in reduced form. In our set-up, financial intermediation can generate macroeconomic risk...
Benoit Duvocelle (ENAC)
Toulouse: TSE, December 16, 2021, 11:00–12:15, room Auditorium 5
We introduce a discrete-time search game, in which two players compete to find an invisible object first. The object moves according to a time-varying Markov chain on finitely many states. The players are active in turns. At each period, the active player chooses a state. If the object is there...
Xiaoxia Shi (University of Wisconsin, Madison)
TSE, December 14, 2021, 15:30–17:00, Online
We propose a simple test for moment inequalities that has exact size in normal models with known variance and has uniformly asymptotically exact size under asymptotic normality. The test compares the quasi-likelihood ratio statistic to a chi-squared critical value, where the degree of freedom is...
Andrew Caplin (New York University)
TSE, December 14, 2021, 14:00–15:30, Online
joint with Victoria Gregory, Eungik Lee, Soren Leth-Petersen, and Johan Saeverud
Roland Bénabou (Princeton University)
December 14, 2021, 11:00–12:30, room Auditorium A4
Pierre Dubois (Toulouse School of Economics), Ashvin Gandhi, and Shoshana Vasserman
TSE, December 13, 2021, 14:15–15:30, room Auditorium 4 (First Floor)room Auditorium 4 (First Floor)
The United States spends twice as much per person on pharmaceuticals as European countries, in large part because prices are much higher in the US. This fact has led policymakers to consider legislation for price controls. This paper assesses the effects of a US International Reference Pricing...