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Thibaud Vergé (Autorité de la concurrence)
Toulouse: TSE, October 18, 2024, 15:30–17:30, room Auditorium A4
Jean-Paul Azam
Toulouse: IAST, October 18, 2024, 12:45–13:45, room Auditorium 4 (First floor - TSE Building)
Peter Olivi discovered price theory in Narbonne in his 1295 Treatise on Contracts to counter the spurious arguments used by confessors to inflict massive fines on merchants. He analyzes demand and supply, equilibrium by "common estimation of the market price" i.e., rational expectations. He extends...
Stephen F. Hamilton (California Polytechnic State University, San Luis Obispo)
TSE, October 18, 2024, 11:00–12:30, room Auditorium 4
Fair pricing standards are used in various industries, encompassing fair trade, labor practices, and state-regulated pricing. We demonstrate that fair pricing can serve as a vertical restraint by a dominant manufacturer on its retailers to fully coordinating prices in a multi-product distribution...
Florian Heider (SAFE, Goethe University Frankfurt, Frankfurt, Germany)
October 17, 2024, 14:00–15:30, BDF, Paris, room Salle 3 - Espace Conférence
We develop an asset-side theory of bank liquidity requirements, which focuses on the risk-management gains from requiring cash reserves. The key role of cash in the bank is to attenuate the banker’s moral hazard. Because cash is observable and riskless, its value does not depend on the banker’s...
David Salas (Universidad de O'Higgins)
Toulouse: TSE, October 17, 2024, 11:00–12:15, room Auditorium 6
David Huffman (University of Pittsburg)
October 17, 2024, 11:00–12:30, room Auditorium 4
Traditional economic theory demonstrates how firms can sustain high prices and profits through repeated game strategies, but abstracts away from the bounded rationality of human managers. Behavioral models suggest that bounded rationality leads to biased mental models of competitor behavior,...
Mikhail Golosov (Chicago University)
TSE, October 15, 2024, 14:00–15:30, room Auditorium 4
We study optimal nonlinear taxation of single and married households. Taxes on couples depend on the earnings of both spouses and are an example of multi-dimensional tax schedules. We develop novel analytical techniques to study properties of such taxes. We show that the optimal marginal taxes for...
Anton Kolotilin (University of New South Wales Australian School of Business)
Toulouse: TSE, October 15, 2024, 11:00–12:30, room Auditorium 3
We study the problem of a partisan gerrymanderer who assigns voters to equipopulous districts so as to maximize his party’s expected seat share. The designer faces both aggregate, district-level uncertainty (how many votes his party will receive) and idiosyncratic, voter-level uncertainty (which...
Toulouse, October 15–18, 2024, room TSE/IAST Building
Pierre Azoulay (Massachusetts Institute of Technology)
TSE, October 14, 2024, 14:15–15:30, room Auitorium4
China’s rise in science has the potential to push forward the knowledge frontier, but mere production of knowledge does not guarantee that others are able to build on it. We ask whether chemistry research originating from China offers broad shoulders for follow-on scientists to stand on. We show...
