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Banque de France Paris, December 12, 2019
Yi Huang (Graduate Institute of International and Developments Studies, Geneva)
TSE & IAST, December 11, 2019, 12:30–13:30, MS 003
Manufacture des Tabacs, Toulouse, December 11–13, 2019, room MS001
Romuald Méango (Max Planck Institute)
TSE, December 10, 2019, 15:30–16:50, room A1 (Level-1)
We derive sharp bounds on the non consumption utility component in an extended Roy model of sector selection. We interpret this non consumption utility component as a compensating wage differential. The bounds are derived under the assumption that potential wages in each sector are (jointly)...
George-Marios Angeletos
TSE, December 10, 2019, 14:00–15:30, room A2
Should a policymaker manage expectations by offering forward guidance in terms of the likelyvalue of a future policy instrument or a target for an equilibrium outcome such as aggregate output?We study how the optimal approach depends on plausible bounds on agents’ depth of knowledgeand...
Paul Heidhues (Dusseldorf Institute for Competition Economics)
Toulouse: TSE, December 10, 2019, 11:00–12:30, room Auditorium 2
Injecting a single non-classical assumption, that the agent is overconfident about himself, into a bare-bones model of observations about society, we explain key observed patterns in social beliefs, and make a number of additional predictions. First, the agent has self-centered views about...
Ludwig Straub (Harvard University)
December 10, 2019, BDF Paris
TSE, December 9, 2019, 14:00–15:30, room MS 001
Scarcity of inputs creates an entry barrier. An efficient allocation of scarce inputs may hinder competition by inadvertently rewarding downstream market power. In the airline industry, at congested airports the number of landing slots is fixed. This creates a trade-off between more competition in...
Vladimir Vladimirov
Toulouse, December 9, 2019, 12:30–14:00, room MS001
This paper studies how competition for skilled workers affects workers compensation structure. Compensation structure below executive level matters, because it affects firms financing needs and the risk of worker runs (workers leaving because others are leaving). Yet individual workers only...
Dietrich Earnhart (Departement of Agricultural Economics, Kansas State University)
Toulouse: TSE, December 9, 2019, 11:00–12:15, room Auditorium 1
Peer comparisons combine descriptive and injunctive social norm messages to signal appropriate behavior and induce behavioral change. Studies show that peer comparisons encourage pro-environmental consumer behavior in contexts such as energy use, water use, and recycling. However, mechanisms...
