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Elena Paltseva (Stockholm School of Economics)
TSE, December 4, 2015, 11:00–12:30, room MF 323
Do political institutions limit rent-seeking by politicians? We study the transformation of petroleum rents, almost universally under direct government control, into hidden wealth using unique data on bank deposits in offshore financial centers known to offer secrecy and asset protection to foreign...
Emmanuel Todd (INED, Paris)
Toulouse: IAST, December 3, 2015, 18:00–20:00, room Amphi cujas
Anastasia Parakhonyak (Toulouse School of Economics)
TSE & IAST, December 2, 2015, 12:30–13:30, room MS003
Manufacture des Tabacs, Toulouse, December 2–3, 2015, room MS 001
David Baqaee (London School of Economics)
TSE, December 1, 2015, 17:00–18:30, room MS001
Dennis Kristensen (University College London)
TSE, December 1, 2015, 15:30–17:00, room MS 001
Nonlinear systems of simultaneous equations are ubiquitous in Economics. Despite their importance, relatively few results regarding the nonparametric identification and estimation in these models are available. Important advances by Matzkin (2015, ECMA) show that exclusion restrictions, as known in...
Roland Strausz (Humboldt University, Berlin)
Toulouse: TSE, December 1, 2015, 11:00–12:30, room MS 001
Crowdfunding provides the innovation that, already before the investment, entrepreneurs can interact with consumers. It, thereby, reduces demand uncertainty and improves screening. Entrepreneurial moral hazard threatens these benefits. After formally characterizing optimal contracts between...
Stefan Nagel
December 1, 2015
Makoto Watanabe (VU University Amsterdam)
TSE, November 30, 2015, 14:00–15:30, room MF 323
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a market-making mode by which an intermediary offers a platform...
Philippe Mahenc (Université de Montpellier - Lameta)
Toulouse: TSE, November 30, 2015, 11:00–12:30, room MS 003
This paper questions the honesty of third-party certification in the market for a good whose environmental quality is not observable by consumers. The certifier maximizes a weighted sum of its own rev- enue and social welfare. The higher the relative weight placed on revenue, the stronger the...