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Anqi Li (Stanford University)
Toulouse: TSE, December 18, 2018, 11:00–12:30, room MS 001
We develop an equilibrium theory of attention and politics. In a spatialmodel of electoral competition where candidates have varying policy prefer-ences, we examine what kinds of political behaviors capture voter’s limitedattention and how this concern in turn affects political outcomes....
Camilla Roncoroni (Unversity of Warwick)
TSE, December 17, 2018, 14:00–15:30, room MS 001
This paper empirically investigates how political connections affect market structure and quantifies the welfare cost of political influence. We focus on a specific industry, grocery retail in Italy, where the largest firm is a network of consumer cooperatives that has historical links to political...
Olivier Dessaint
TSE, December 17, 2018, 12:30–14:00, room MF 323
There is a discrepancy between CAPM-implied and realized returns. Using the CAPM in capital budgeting { as recommended in finance textbooks { should thus have valuation effects. For instance, low beta projects should be valued more by CAPM-using managers than by the market. This paper empirically...
Leonardo Trasande (NYU Medical School)
Toulouse: IAST, December 14, 2018, 11:30–12:30, room MF 323
Studies of populations exposed to the World Trade Center disaster have compellingly demonstrate substantial cancer, psychological and respiratory consequences. That said a substantial focus of this research has been on dust and stress as contributors, particularly the latter. Components of WTC dust...
Leonardo Trasande (New York University)
Toulouse: TSE, December 13, 2018, 14:00–15:30, room MS 003
Kaitong Hu
Toulouse: TSE, December 13, 2018, 11:00–12:15, room MS 003
In this presentation, we are going to consider the Principal-Agent problem in a linear partially observed system. The non-observable part of the system is assumed not observable by the Principal or the Agent. Firstly, we shall demonstrate that the solvability of the Agent’s optimization problem can...
Paul Niehaus (University of California, San Diego)
Toulouse: TSE, December 13, 2018, 11:00–12:30, room MF 323
In developing countries, the state often has limited capacity to effectively target transfers. We examine the effects of enhanced authentication technology on the performance of India's largest targeted transfer scheme, the Public Distribution System. We conduct an experiment at scale with the...
Francesco Decarolis (Bucconi University)
TSE & IAST, December 12, 2018, 12:30–13:30, room MS003
Magne Mogstad (University of Chicago)
Toulouse: TSE, December 11, 2018, 15:30–17:00, room MS 001
The goal of this paper is to quantify the importance of imperfect competition in the U.S. labor market by estimating the size of rents earned by American employers and workers from ongoing employment relationships. To this end, we develop, identify and estimate an equilibrium model of the U.S....
Martin Cripps (University College London)
Toulouse: TSE, December 11, 2018, 11:00–12:30, room MS 001
A characterisation is provided of the belief updating processes that are independent of how an individual chooses to divide up/partition the statistical information they use in their updating. These \divisible" updating processes are in general not Bayesian, but can be interpreted as a re-...