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Michael Whinston (Massachusetts Institute of Technology)
Toulouse: TSE, October 8, 2024, 09:30–11:00, room Auditorium 3
(joint with A. Pakes and F. Zheng)
Alessandro Iaria (Bristol University)
TSE, October 7, 2024, 14:15–15:30, room Auditorium 4
This paper addresses the endogeneity of firms' entry and exit decisions in estimating demand for differentiated products. Under standard conditions, the selection propensity score is insufficient to control selection bias, leading to the inconsistency of conventional methods of handling selection....
Martin Lettau
Toulouse, 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
