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Leonard Wantchekon (University of New York)
Toulouse: TSE, June 1, 2011, 11:00–12:30, room MF 323
We investigate the long-term effect of the geography of anti-colonial insurgencies (c.1900-1960) on the nature of current democratic institutions and political behavior in Africa. We find that while rural insurgencies (e.g. Madagascar, Kenya, Cameroon, Somalia) tend to generate autocracies, urban...
Patrick Groenen (University of Rotterdam)
Toulouse: TSE, May 31, 2011, 14:00–15:30, room MF 323
Multidimensional scaling (MDS) is a central technique in facet theory. The main asset of MDS is that it is a visualization technique that excels in simplicity in its interpretation: points that are close together are similar; those that are far apart differ. An important development in MDS has been...
Ricardo Lagos (New York University)
Toulouse: TSE, May 30, 2011, 17:00–18:30, room MF 323
We develop a model of the market for federal funds that explicitly accounts for its two distinctive features: banks have to search for a suitable counterparty, and once they have met, both parties negotiate the size of the loan and the repayment. The theory is used to answer a number of positive...
Ivan Canay (Northwestern University)
Toulouse: TSE, May 30, 2011, 15:30–17:00, room MF
This paper studies the behavior under local misspecification of several confidence sets (CSs) commonly used in the literature on inference in moment inequality models. We suggest the degree of asymptotic confidence size distortion as an alternative criterium to power to choose among competing...
Peter Mollgaard (Copenhagen Business School)
Toulouse: TSE, May 30, 2011, 11:00–12:30, room MF 323
Collusion models are used to estimate cartel overcharges and the resultant welfare losses. Most applications assume symmetric costs and homogeneous products, assumptions that rarely are satisfied in reality. Relaxing these assumptions, we find that model misspecifications result in overestimation...
Arno Riedl (University of Maastricht)
Toulouse: TSE, May 26, 2011, 15:30–17:00, room MF 323
Problems of coordination are at the core of most economic and social decision situations. Theory and evidence from laboratory experiments show that when people are forced to interact with other people efficiency strongly decays over time. This leaves us with the puzzling uncertainty if all behavior...
Sabine Flamand (Universitat Autonoma de Barcelona)
Toulouse: TSE, May 26, 2011, 12:45–14:00, room MF 323
In most meetings of shareholders, members of societies, and clubs, the number of attendees must exceed an exogenously given participation requirement in order for a decision to be taken. Otherwise, the meeting has to be postponed. In order to understand the effect of such a participation...
François Salanié (TSE-LERNA)
Toulouse: TSE, May 26, 2011, 12:30–14:00, room MS 003
Consider a Principal designing a menu of offers to screen the different types of a privately informed Agent. We show that the problem of finding the optimal menu may be analyzed as a complete information problem in which the Principal faces a representative consumer replicating the demands of the...
Jed Friedman (The World Bank)
Toulouse: TSE, May 26, 2011, 11:00–12:30, room MF 323
Changes in heat and precipitation as a result of climate change are expected to have adverse effects on health, particularly among the most vulnerable populations. These changes can affect health both directly, through extreme events and changes in the disease environment, as well as indirectly...
Siem Jam Koopman (University of Tilburg)
Toulouse: TSE, May 24, 2011, 15:30–17:00, room Amphi S
We propose a new likelihood-based estimation procedure for time-varying parameters in state space models. The state space model consists of measurement and transition equations and relies on a state vector together with a set of system matrices. In linear Gaussian state space models, the state...
