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Anton Sobolev (Mannheim University)
TSE, December 4, 2023, 14:15–15:00, room Auditorium 4
Dual pricing is a vertical restraint whereby a manufacturer charges a distributor a different price for units intended to be resold online than for units intended to be resold offline. We study the competitive effects of dual pricing in a clearinghouse model, in which a manufacturer contracts with...
Raphaël Soubeyran (INRAE;Center for Environmental Economics )
Toulouse: TSE, December 4, 2023, 11:00–12:15, room Auditorium 4
We examine the impact of agricultural productivity growth on deforestation in the tropics. We first develop a dynamic model of forest conversion to farmlands, in which conversion is costly and market potential for the agricultural output is limited - both of which affect the amount of land and...
Benoît Coeuré (Autorité de la Concurrence)
Toulouse: TSE, December 1, 2023, 15:30–17:30, room Auditorium A4
Laurent Frésard (Università della Svizzera italiana)
Toulouse: TSE, December 1, 2023, 14:00–15:15, room Auditorium 4
We investigate whether the quality of investors’ information across horizons influences corporate investment. In our theory, managers under-invest because their stock price imperfectly reflects the value created by their projects. This effect is stronger when there is a mismatch between the horizon...
Minhua Yan
Toulouse: IAST, December 1, 2023, 12:45–13:45, room Auditorium 4 (First floor - TSE Building)
Social norms shape individual behaviors and impact group performance. Understanding how norms operate and evolve is key to understanding human evolutionary history and contemporary cultural change. In this talk, I summarize the data and findings from my Derung norm shift project, which aims to...
Pascale Déchamps
Toulouse: TSE, November 30, 2023, 17:00–18:00, room Auditorium 3 JJ Laffont
Pascale Déchamps has been Deputy General Rapporteur at the French Competition Authority since January 2021. She is the head of the unit in charge of antitrust infringement cases in the digital and telecom sectors, with a focus on online advertising. Her team has worked on major actions such as...
Joseph Salmon (Université de Montpellier)
Toulouse: TSE, November 30, 2023, 11:00–12:15, room Auditorium 3 - JJ Laffont
In supervised learning - for instance in image classification - modern massive datasets are commonly labeled by a crowd of workers. The obtained labels in this crowdsourcing setting are then aggregated for training. The aggregation step generally leverages a per-worker trust score. Yet, such worker...
Jack Willis (Columbia University)
November 30, 2023, 11:00–12:30, room Auditorium 4
Land market incompleteness is argued to have pervasive effects in Sub-Saharan Africa, including on agricultural efficiency, equity, and structural transformation. Yet experimental evidence on land market participation is virtually non-existent. We randomly allocate subsidies for agricultural...
Joakim Westerlund (University of Lund)
TSE, November 28, 2023, 15:30–16:50, room Auditorium 4
Estimators of common parameters are often argued to be robust to random heterogeneity. One example of a situation in which such arguments have been made is when estimating structural breaks in panel data. In a seminal paper, Bai (Common Breaks in Means and Variances for Panel Data. Journal of...
Chi Yang Tsou
November 28, 2023, 11:30–12:30, BDF, Paris, room 4GH & Online
This paper studies how the durability of assets affects the cross-section of stock returns. More durable assets incur lower frictionless user costs. Still, they are more \expensive" in the sense that they need more down payments making them hard to finance. In recessions, firms become more...