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Peter Reinhard Hansen (Stanford University)
Toulouse: TSE, October 12, 2010, 15:30–17:00, room MF 323
David Levine (Washington University in Saint Louis)
Toulouse: TSE, October 12, 2010, 11:00–12:30, room MF 323
The dual self-model of self-control with one-period lived short-run selves is excessively sensitive to the timing of shocks and to the interpolation of additional “noaction” time periods in between the dates when decisions are made. We show that when short-run selves have a random length of time...
Evi Pappa
October 12, 2010
Markus Hagedorn (University of Zurich)
Toulouse: TSE, October 11, 2010, 17:00–18:30, room MF 323
No paper
Aj Bostian (University of Virginia)
Toulouse: TSE, October 11, 2010, 12:30–14:00, room MF 323
Experimental stock markets containing only a single asset tend to generate bubble-crash patterns even when the fundamental value is easy to calculate (Smith et al., 1988). I present an experimental design containing one risky asset (dividend-paying stock) and one riskless asset (interest-paying...
Rob Hart
Toulouse: TSE, October 11, 2010, 11:00–12:30, room MF 323
Directed technological change (DTC) hinges on how stocks of factor-augmenting knowledge evolve relative to each other, which depends in turn on the nature of the links between them. We analyse these links in an analytical model focusing explicitly on the relative knowledge stock: in the process we...
Tore Ellingsten (Stockholm School of Economics)
Toulouse: TSE, October 7, 2010, 15:30–17:00, room MF 323
In an otherwise neutrally described Prisoners‟ dilemma experiment, we document that be-havior is more likely to be cooperative when the game is called the Community Game than when it is called the Stock Market Game. However, the difference vanishes when only one of the subjects is in control of...
Adrien Blanchet
Toulouse: TSE, October 7, 2010, 12:30–14:00, room MF 323
Christopher Blattman (Yale University)
Toulouse: TSE, October 7, 2010, 11:00–12:30, room MF 323
We investigate one of the world’s most pernicious forms of exploitation: child soldiering. Most theories can be captured by a principal-agent model that incorporates punishments, indoctrination, and age-varying productivity. For rebel leaders, we show it is almost always optimal to coerce rather...
Panle Jia (Massachusetts Institute of Technology)
Toulouse: TSE, October 5, 2010, 15:30–17:00, room MF 323
This paper studies the real estate brokerage industry in Greater Boston using a panel data set that covers 257,923 properties and 10088 brokers from 1999 to 2007. We establish several stylized facts regarding entry and exit among real estate agents. First, more than 12% of active real estate agents...