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Alberto Salvo (National University of Singapore)
Toulouse: TSE, November 15, 2021, 11:00–12:15, Online
We show that the prevalence of prolonged contests in professional tennis drops sharply when the ambient environment deteriorates through heat or pollution. We develop a dynamic model of multi-battle competition to investigate how the disutility from a protracted competition...
Helsinki, November 15, 2021
Fabien Curto Millet (Google)
Toulouse: TSE, November 12, 2021, 15:00–17:30, Zoom (online)
Brent Mittelstadt (Oxford Internet Institute, University of Oxford,)
TSE & IAST, November 10, 2021, 12:30–13:30, Zoom Meeting
Western societies are marked by diverse and extensive biases and inequality that are unavoidably embedded in the data used to train machine learning. Algorithms trained on biased data will, without intervention, produce biased outcomes and increase the inequality experienced by historically...
Sergio Firpo (IZA Institute of Labor Economics)
TSE, November 9, 2021, 15:30–17:00, Online
This paper develops theoretical criteria and econometric methods to rank policy interventions in terms of welfare when individuals are loss-averse. Our new criterion for “loss aversion-sensitive dominance” defines a weak partial ordering of the distributions of policy-induced gains and losses. It...
Adrien D'Avernas ( Stockholm School of Economics)
Toulouse: TSE, November 9, 2021, 14:00–15:30, room Auditorium 4
We provide robust empirical evidence that uncovers the reason for the observed closer relationship between the bond market versus the equity market and the macroeoconomy. Our results indicate that the tight bond marketmacroeconomy link is not due to differences in the investor base, but instead to...
Sinem Hidir (Unversity of Warwick)
Toulouse: TSE, November 9, 2021, 11:00–12:30, Online
In many economic settings it is optimal to endow individuals with high abilities, rather than those with low abilities, with decision-making power. Yet there is rich empirical evidence showing that many of those in charge of decisions are not necessarily the most talented. We offer a novel...
Florian Ederer (Yale University)
TSE, November 8, 2021, 14:00–15:30, room Auditorium 4
We present a mechanism based on managerial incentives through which common ownership affects product market outcomes. Firm-level variation in common ownership causes variation in managerial incentives and productivity across firms, which leads to intra-industry and intra-firm cross-market variation...
Pierre Fleckinger (Mines ParisTech)
Toulouse: TSE, November 8, 2021, 11:00–12:15, room Auditorium 4
Recycling, reuse, and preservation of exhaustible resources has become a major goal in developed economies, which entails the active participation of producers. The implementation of Extended Producer Responsibility, whereby firms are financially responsible for their products end-of-life costs, is...
Timothy Simcoe (Boston University)
November 2, 2021, 14:00–15:00, Zoom Meeting
Motivated by several examples, including Internet of Things (IoT) patent licensing, we consider a model in which m ≥ 1 complementary platforms choose prices for n > 1 connected devices which generate demand externalities among themselves. We characterize equilibrium prices and show that...