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Nicolas Verzelen (MISTEA - SupAgro Montepellier)
Toulouse: TSE, June 7, 2018, 11:00–12:15, room MC 204
The problem of variable clustering is that of grouping similar components of a $p$-dimensional vector $X = (X_1 , \ldots , X_p)$, and estimating these groups from $n$ independent copies of $X$. Although K-means is a natural strategy for this problem, I will explain why it cannot lead to perfect...
Manufacture des tabacs, Toulouse, June 7–8, 2018, room MS 001
Francesco Bianchi
June 7, 2018
Katrina Jessoe (University of California - Davis)
Toulouse: TSE, June 5, 2018, 11:00–12:15, room MS 003
This paper demonstrates that the establishment of well-functioning water markets may substantially mitigate the costs of drought. We develop a framework to model the costs of incomplete water regulation, and simulate the efficiency gains from water trading across the agricultural and urban sectors...
Drew Fudenberg (Massachusetts Institute of Technology)
Toulouse: TSE, June 5, 2018, 11:00–12:30, room MS 001
A principal specifies time paths of knowledge transfer, effort provision, and task allocation for a cash-constrained apprentice, who is free to walk away at any time. In the optimal contract the apprentice pays for training by working for low or no wages and by working inefficiently hard. The...
Guido Ascari
June 5, 2018
James Dow
TSE, June 4, 2018, 14:00–15:30, room MF 323
Will arbitrage capital flow into a market experiencing a liquidity shock, mitigating the adverse effect of the shock on liquidity? Using a stochastic dynamic model of equilibrium pricing with privately informed capital-constrained arbitrageurs, we show that arbitrage capital may actually flow out...
Jean-Marc Robin (Sciences Po, Paris)
Toulouse: TSE, June 4, 2018, 11:15–12:00, room MS001
In this paper, we propose an estimation method that allows for unrestricted interactions between worker and firm unobserved characteristics in both wages and the mobility patterns along with a model of mobility that allows us to quantify sources of sorting. Related to Bonhomme et al. (2017) (BLM),...
Drew Fudenberg (MIT)
Toulouse: TSE, June 4, 2018, 10:30–11:15
Jura Liaukonyte (Cornell University)
TSE, May 31, 2018, 14:00–15:30, room MS 003
Firms are increasingly using technology to enable targeted, or "personalized" pricing strategies. In settings where prices are transparent to all consumers, however, there is the potential that inter-personal price differences will be perceived as inherently unfair. In response, firms may...
