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Martin Lettau (Haas School of Business - University of California - Berkeley)
Toulouse: TSE, October 7, 2024, 11:00–12:30, room Auditorium 5
This paperproposeslatentfactor modelsformultidimensionalpanelscalled 3D-PCA. Factorweights are constructed from a small set of dimension-specific building blocks, which give rise to proportionality restrictions of factor weights. While the set of feasible factors is restricted, factors with long/...
Olivier Deschenes (University of California, Santa Barbara)
Toulouse: TSE, October 7, 2024, 11:00–12:15, room Auditorium 4
This paper studies the distribution of air quality benefits from the EPA's NOx Budget Program, a seasonal cap-and-trade market for NOx emissions. We apply a new empirical method to electricity generating unit-level data to estimate heterogeneous treatment effects and use an air pollution transport...
Ioannis Lianos (University College London)
Toulouse: TSE, October 4, 2024, 15:30–17:30, room Auditorium A4
This article undertakes a legal conceptualization of digital ecosystems, analyzing their formation, functioning, and regulatory implications in context. Our approach is informed by a comparative analysis of digital ecosystems across sectors and geographies. We reject the dominant narrative in...
Patrick Rey
TSE, October 3, 2024, 16:00–16:45, room Auditorium 3room Auditorium 3
We study the development of apps on competing platforms. We show that competition leads to commissions exceeding those maximizing consumer surplus (and, a fortiori, social welfare) whenever raising one commission reduces rivals' app bases. We relate this nding to economies of scope in app...
Maximilian Müller
TSE, October 3, 2024, 14:45–15:30, room Auditorium 3room Auditorium 3
Sara Shahanaghi
TSE, October 3, 2024, 14:00–14:45, room Auditorium 3room Auditorium 3
An agent learns dynamically about the profitability of a project and decides when to make an irreversible investment. The agent seeks to maximize his reputation for learning. Equilibrium strategies are dictated by the prior belief that the project is profitable: a high-ability agent plays a cutoff...
Mateo Montenegro
TSE, October 3, 2024, 11:15–12:00, room Auditorium 3room Auditorium 3
Emmanuelle Auriol
TSE, October 3, 2024, 10:00–10:45, room Auditorium 3room Auditorium 3
Paul Heidhues (Dusseldorf Institute for Competition Economics)
October 1, 2024, 14:00–15:00, Zoom Meeting
We develop a model of digital ecosystems based on the assumption that a multimarket firm can use a sale in or data from one market to steer users toward its products in other markets. Due to this “cross-market leverage,” a market leader at an “access point” (where users begin their online journeys...
Victor Gay (TSE and IAST)
Toulouse: IAST, September 27, 2024, 12:45–13:45, room Auditorium 4
How does the process of building state strength affect social order? We examine how improvements in state communication networks and increased state presence impact rural unrest by combining original and detailed parish-level data from pre-revolutionary France on the expansion of the horse-post...
