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Alex Edmans (London Business School)
Toulouse : TSE, 22 avril 2022, 10h00–11h30, salle Online
We survey directors and investors on the objectives, constraints, and determinants of CEO pay. 67% of directors would sacrifice shareholder value to avoid controversy on CEO pay, implying they face significant constraints other than participation and incentive compatibility. These constraints lead...
Dana Pizarro ( Toulouse School of Economics)
Toulouse : TSE, 21 avril 2022, 11h00–12h15, salle Auditorium 3
Posted price mechanisms (PPM) constitute one of the pre-dominant practices to price goods in online marketplaces and their rev-enue guarantees have been a central object of study in the last decade. Weconsider a basic setting where the buyers’ valuations are independent andidentically distributed...
Pedro Bordalo (Oxford University)
21 avril 2022, 11h00–12h30, Online
How do people form beliefs about novel risks, with which they have little or no direct experience? We address this question using a 2020 representative US survey of beliefs about the lethality of Covid. The survey reveals a number of surprising findings, including most dramatically the evidence...
Juanna Joensen (University of Chicago)
TSE, 19 avril 2022, 15h30–17h00, salle Auditorium 4
This paper studies the complementarities between multi-dimensional abilities, high school investments, and college investments in wages. Using a novel administrative data set from Sweden, the analysis accounts for a rich set of observables; latent cognitive, grit, and interpersonal abilities; high...
Leon Musolff (Princeton University)
19 avril 2022, 14h00–15h00, Zoom Meeting
We evaluate the problem of firms that operate platforms matching buyers and sellers, while also selling goods on these same platforms. By being able to guide consumer search through algorithmic recommendations, these firms can influence market outcomes, a finding that has worried regulators. To...
Chiara Margaria (Boston University)
Toulouse : TSE, 19 avril 2022, 11h00–12h30, salle A4
We study reputation dynamics in a class of continuous-time signaling models with one-sided incomplete information. Public signals about the informed player’s type and his action are distorted by a Brownian noise. We show that all public perfect equilibria are Markov in the belief of the uninformed...
Pierre Dubois (Toulouse School of Economics)
TSE, 14 avril 2022, 16h00–16h45, Auditorium 3, salle Auditorium 3
The United States spends twice as much per person on pharmaceuticals as European countries, in large part because prices are much higher in the US. This fact has led policymakers to consider legislation for price controls. This paper assesses the effects of a US international reference pricing...
Horacio Larreguy ( IAST;Instituto Tecnológico Autónomo de México (ITAM))
TSE, 14 avril 2022, 14h45–15h30, Auditorium 3, salle Auditorium 3
Isis Durrmeyer (Toulouse School of Economics)
TSE, 14 avril 2022, 14h00–14h45, Auditorium 3, salle Auditorium 3
We compare the short-term impacts of alternative transportation policies to reduce road traffic. First, we measure the welfare costs associated with using alternate-day travel schemes, regulations that have the advantage of being easy to implement and are widely used. Second, we compare them with...
Eugenia Gonzalez-Aguado (Toulouse School of Economics)
TSE, 14 avril 2022, 11h15–12h00, Auditorium 3, salle Auditorium 3
This paper studies the macroeconomic effects of internal migration in an economy with labor market frictions and quantifies its role in mitigating asymmetric shocks. Labor mobility is viewed as an important mechanism to stabilize the economy from regional shocks in currency unions. But this view...
