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Michael Bauer (Universität Hamburg)
April 4, 2023, BDF, Paris
Gary Biglaiser (University of North Carolina, Chapel Hill)
TSE, April 3, 2023, 14:15–15:30, room Auditorium 4
Two firms compete for exclusivity of a superior input, then choose their quality and price. Exclusive dealing is a unique equilibrium when the input changes the equilibrium quality of at least one firm. Otherwise, there also exists a non-exclusive equilibrium. The quality pass-through of the firm...
Shuang Zhang (Imperial College, London)
Toulouse: TSE, April 3, 2023, 11:00–12:15, room Auditorium 4
A central assumption in economics is that consumers properly distinguish fixed cost from variable cost. This assumption is fundamental to various economic theories, including optimal taxation, redistribution, and price discrimination. Using a quasi-experiment in heating price reform in China, we...
Toulouse, TSE/IAST Building, April 3–4, 2023
Ana Sofia Rodrigues (Autoridade da Concorrência (AdC) – Portuguese Competition Authority)
Toulouse: TSE, March 31, 2023, 15:30–17:30, room Auditorium 4
Joachim Peijnenburg
Toulouse: TSE, March 31, 2023, 14:00–15:30, room Auditorium 4
We test whether forecast bias affects household equity trading. We conduct an incentivized forecasting experiment to measure individual-level forecast bias. Our experiment finds that, on average, subjects exhibit extrapolation bias – a tendency to excessively project recent experiences in the...
Matthieu Chemin (McGill University)
Toulouse: IAST, March 31, 2023, 12:45–13:45, room Auditorium 4 (First floor - TSE Building)
The legal system enforces contracts and secures property rights, thereby fostering investment and economic development. Yet, there is no legal system if there are no physical buildings to operate courts. In this paper, we study a $120 Million World Bank reform building courts in Kenya. We use...
Andrea Bernini (Oxford University)
March 30, 2023, 11:00–12:30, room Auditorium 4
The 1965 Voting Rights Act (VRA) dismantled the institutional barriers that had suppressed political participation of African Americans in the U.S. South since the end of Reconstruction. Did it also win hearts and minds in the racially conservative South? In this paper, we study this question using...
Hugo Lavenant (Bocconi University)
Toulouse: TSE, March 30, 2023, 11:00–12:15, room Auditorium 3
Completely random measures (random measures whose evaluation on disjoint sets are independent random variables) are used in Bayesian Non Parametric (BNP) statistics to define prior distributions, allowing for a flexible modeling while keeping analytic tractability. We build a distance between such...
Caue Dobbin (CEMFI, Madrid)
TSE, March 28, 2023, 15:30–16:50, room Auditorium 4
We investigate the equilibrium effects of subsidized student loans on tuition costs, enrollment, and student welfare. Two opposing forces make the impact on tuition theoretically ambiguous. First, students with loans become less price-sensitive because they do not bear the total tuition cost,...