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Andrey Fradkin (Boston University)
October 3, 2023, 14:00–15:00, Zoom meeting
We study whether Amazon engages in self-preferencing on its marketplace by favoring its own brands (e.g., Amazon Basics) in search. To address this question, we collect new microlevel consumer search data using a custom browser extension installed by a panel of study participants. Using this...
Rosemarie Nagel (University of Pompeu Fabra, Barcelona)
TSE, October 3, 2023, 14:00–15:30, room Auditorium 4
The first experiments on the Beauty Contest game with its best-reply function, "your choice has to be closest to 2/3 of the average," established a bounded rational theory on limited cognition (called level-k). It is about the reasoning of the reasoning of others, originally and famously...
Antoine Camous
October 3, 2023, 11:30–12:30, BDF, Paris, room 1 & Online
Why, when and how should a central bank (mis)report private information? This paper studies the incentives and the ability of a central bank to stabilize the economy through strategically distorted announcements. Three messages stand out. First, strategic communication designed to mitigate...
Lionel Page (University of Queensland, Australia)
Toulouse: IAST, October 3, 2023, 11:30–12:30, room Auditorium 4 (First floor - TSE Building)
We consider utility as a hedonic reward system shaped by evolution to motivate us to make the best decisions possible. This system gives higher subjective rewards to higher levels of success. We investigate how an optimal reward system would adapt when individuals receive new information about...
Mirabelle Muûls (Imperial College, London)
Toulouse: TSE, October 2, 2023, 11:00–12:15, room Auditorium 4
In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the EU ETS – the world’s first and largest market-based climate policy – induced regulated manufacturing...
Richard J. Gilbert (University of California, Berkeley)
Toulouse: TSE, September 29, 2023, 15:30–17:30, room Auditorium A4
Savitar Sundaresan (Imperial College)
Toulouse: TSE, September 29, 2023, 14:00–15:15, room Auditorium 4
We study ineciency in the acquisition of private information before trading in financial markets. As the cost of information declines, traders over-invest in information acquisition and trade too much on their private information. Generically, no policy exists based on the price of the financial...
Lauren Honig
Toulouse: IAST, September 29, 2023, 12:45–13:45, room AUDITORIUM 4 (FIRST FLOOR - TSE BUILDING)
Promoting joint land management is part of a suite of measures aimed at changing social institutions that undermine women's welfare. Governments in many African countries, prompted by domestic and international civil society, have implemented laws that promise equal land rights to men and women....
Angelina Roche (Université Paris-Dauphine)
Toulouse: TSE, September 28, 2023, 11:00–12:15, room Auditorium 3
Principal Components Analysis (PCA) is a classical dimension reduction technique that is widely used in various fields, including data science and image analysis. In this talk, we discuss extensions of PCA to data belonging to infinite dimensional spaces. We first focus on functional PCA, which is...
Hugo Reis (Banque du Portugal)
TSE, September 26, 2023, 15:30–16:50, room Auditorium 4
In this paper, we quantify the impact of co-workers’ human capital on a worker’s productivity and, more specifically, the spillovers of co-workers’ education within the workplace. We identify the impact of peer quality and provide an unambiguous decomposition of the impact of unobserved...
