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Ernesto Pasten (Bank of Chile and Toulouse School of Economics)
TSE, October 10, 2017, 17:00–18:30, room MS 001
Melanie Schienle (The Karlsruhe Institute of Technology)
TSE, October 10, 2017, 15:30–16:50, room MS 001
We provide a shrinkage type methodology which allows for simultaneous model selection and estimation of vector error correction models (VECM) when the dimension is large and can increase with sample size. Model determination is treated as a joint selection problem of cointegrating rank and...
Lucie Menager (LEMMA, Université Paris II)
Toulouse: TSE, October 10, 2017, 11:00–12:30, room MS 001
We study a dynamic team problem in which N players contribute to a common project whose duration is uncertain. The probability that the project is successful increases with the level of effort exerted by each player, and individual efforts are unobserved. We assume that players are informed of the...
Juan Rubio-Ramirez
October 10, 2017
Timothy Simcoe (Toulouse School of Economics - Boston University)
TSE, October 9, 2017, 14:00–15:30, room MS 001
We study a dynamic model of the decision to continue or abandon a research project. Researchers improve their ideas over time, and also learn whether those ideas will be adopted. Projects are abandoned as researchers grow more pessimistic about their chance of acceptance. We estimate the structural...
José Azar
TSE, October 9, 2017, 12:30–14:00, room MF 323
This paper develops a model of firm behavior in the context of oligopoly and portfolio diversification by shareholders. The management of each firm proposes a strategic plan to shareholders, and is evaluated based on the strategic plan. This leads to internalization and aggregation of shareholder...
Jessica Coria (Gothenburg University)
Toulouse: TSE, October 9, 2017, 11:00–12:15, room MS 003
In this paper, we analyze the effects of the interaction of national and local policies to reduce NOx emissions in Sweden, where combustion plants are subject to a heavy national charge and in some cases also subject to individual emission standards set by county authorities. We set up a...
Arne Traulsen (Max Planck Institute)
Toulouse: IAST, October 6, 2017, 11:30–12:30, room MS 001
Public goods that benefit everyone are often threatened by defectors that exploit others, typically undermining cooperation and leading to a collapse of the public good. One way to stabilise these public goods is to allow the punishment of defectors. Usually, models are restricted such that only...
Maria-Pia Victoria-Feser (University of Geneva)
Toulouse: TSE, October 5, 2017, 11:00–12:15, room MS001
Along the ever increasing data size and model complexity, an important challenge frequently encountered in constructing new estimators or in implementing a classical one such as the maximum likelihood estimator, is the computational aspect of the estimation procedure. To carry out estimation,...
Salle des Illustres : Hôtel de Ville, Toulouse, France, October 5, 2017
