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Willy Lefez (Toulouse School of Economics)
TSE & IAST, December 9, 2020, 12:30–13:30, Zoom Meeting
I study how a platform can affect its sellers’ pricing decisions by using price recommendations. Sellers are too small to take account of network effects in their pricing decisions. To alleviate this problem, the platform influences seller prices by strategically disclosing demand information. I...
Johan Hombert (Ecole Normale Supérieure, Paris - HEC)
December 9, 2020, BDF, Paris, room Visio
Marina Halac (Yale University)
Toulouse: TSE, December 8, 2020, 17:00–18:30, room Zoom
A principal incentivizes a team of agents to work by privately offering them bonuses contingent on team success. We study the principal's optimal incentive scheme that implements work as a unique equilibrium. This scheme leverages rank uncertainty to address strategic uncertainty. Each agent is...
Matthew Wiswall (University of Wisconsin, Madison)
TSE, December 8, 2020, 15:30–17:00, room Zoom
This paper combines multiple sources of information on early childhood development in a unified model for analysis of a wide range of early childhood policy interventions. We develop a model of child care in which households decide both the quantities and qualities of maternal and non-maternal care...
Ludwig Straub (Harvard University)
TSE, December 8, 2020, 14:00–15:30, room Zoom
We propose a theory of indebted demand, capturing the idea that large debt burdens lower aggregate demand, and thus the natural rate of interest. At the core of the theory is the simple yet under-appreciated observation that borrowers and savers differ in their marginal propensities to save out of...
Catherine Tucker (MIT - Sloan School of Management)
TSE, December 7, 2020, 14:00–15:30, room Zoom
An important concern is that algorithms can inadvertently discriminate against minority groups and reinforce existing inequality. Typically, the worry is that when classification algorithms are trained on a dataset that itself reflects bias this may reinforce bias. However, in the world of digital...
Gyuri Venter
Toulouse, December 7, 2020, 12:30–13:30, room Zoom
We study the informational and allocative efficiency of market prices in the presence of preference heterogeneity/inequality, and how transaction costs affect efficiency. We consider a rational expectations equilibrium (REE) model of an exchange with heterogeneous marginal utilities and private...
Stefan Lamp (Toulouse School of Economics)
Toulouse: TSE, December 7, 2020, 11:00–12:15, room Zoom
Unilateral climate policies are often accompanied by exemptions for energy intensive and trade-exposed industrial firms to avoid leakage from regulated to unregulated jurisdictions. This paper investigates the impact of a large electricity tax exemption on production levels, employment, and input...
Matthew Adler (Duke University School of Law)
Toulouse: TSE, December 4, 2020, 15:00–16:30, room Zoom
Prioritarianism is an ethical view that gives extra weight to the well-being of the worse-off. Like utilitarianism, prioritarianism is consequentialist (it evaluates choices in light of their possible outcomes) and welfarist (the goodness of outcomes is seen as reducible to facts about individuals...
Uwe Thuemmel (University of Zurich)
TSE, December 4, 2020, 11:00–12:30, room Zoom
I study the optimal taxation of robots, other capital, and labor income. I show that it is optimal to distort robot adoption. The robot tax (or subsidy) exploits general-equilibrium effects to compress wages, which reduces income-tax distortions of labor supply, thereby raising welfare. In the...
