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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
Toulouse, 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...
Sasha Indarte (The Wharton School - University of Pennsylvania)
November 2, 2021, BDF Paris
Sam Jindani (Cambridge University)
October 28, 2021, 11:00–12:30, room Auditorium 4
Harmful social norms often persist despite legal and economic penalties. Can the abandonment of a harmful norm be facilitated by the presence of a \mildly harmful" alternative that may act as a stepping stone in the medium run? Or will this become a new norm? We propose a dynamic, game-theoretic...
Aurélie Pols (Board Member European Center for Privacy and Cybersecurity (ECPC), Maastricht University, Netherlands and DPO, independent and external of mParticle)
TSE & IAST, October 27, 2021, 12:30–13:30, Auditorium A4
When Apple announced during the summer of 2020 the advent of their App Tracking Transparency framework requiring consent prior to the collection of IDFA, it created a ripple effet of fear amongst the digital advertising industry. Finally, ATT was launched in April of 2021. This presentation is...
Luca Fornaro (CREI – Centre de Recerca en Economia)
TSE, October 26, 2021, 14:00–15:30, Online
We provide a framework in which monetary policy affects firms' automation decisions (i.e. how intensively capital and labor are used in production). This new feature has far-reaching consequences for monetary policy. Monetary expansions can increase output by inducing rms to invest and automate...
