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Andrew Rhodes (Toulouse School of Economics)
TSE, 14 avril 2022, 10h00–10h45, Auditorium 3, salle Auditorium 3
We study the impact of personalized pricing (or perfect price discrimination) in a general oligopoly model. Existing research based on the Hotelling model suggests that competitive personalized pricing intensifies competition, harms firms and benefits consumers. This result extends to our general...
Alexander Rodnyansky (Cambridge University)
12 avril 2022, BDF Paris
In the presence of negative monetary-policy rates and a zero lower bound on deposit rates, banks that are more exposed to central banks’ asset-purchase programs reduce their lending to the real economy by more than their counterparts. When banks face a lower bound on customer deposit rates, an...
Jared Rubin (Chapman University)
8 avril 2022, 16h00–17h00, Online, salle Online
What explains economic changes, or lack-thereof, in China over the tumultuous century 1850-1950? Why was Japan’s economy able to pull far ahead of China in this period, despite starting without an advantage? This paper highlights the critical role of ideology and ideological change induced as a...
Magdalena Rola Janicka (Tilburg University)
Toulouse : TSE, 8 avril 2022, 10h00–11h30, salle Auditorium 6
We analyze jointly optimal emission taxes and financial regulation in the presence of environmental externalities and financial frictions. Our model highlights that climate-related transition and physical risks have opposite implications for how emission taxes interact with financial constraints....
Maria Kleshnina ( IAST)
Toulouse : TSE, 7 avril 2022, 11h00–12h15, salle Auditorium 5
Public goods games are frequently used to model strategic aspects of social dilemmas and to understand the evolution of cooperative behaviour among members of a group. While providing a baseline case, a (local) public goods model implies an equal sharing of returns. This appears an unsatisfying...
TSE, 7–8 avril 2022, salle Auditorium 3
Yeon-Koo Che (Columbia University)
Toulouse : TSE, 5 avril 2022, 16h00–17h30, Online
We study the optimal design of a queueing system when agents' arrival and servicing are governed by a general Markov process. The designer chooses entry and exit rules for agents, their service priority|or queueing discipline|as well as their information, while ensuring they have incentives to...
Robert Miller (Carnegie Mellon University)
TSE, 5 avril 2022, 15h30–17h00, salle Auditorium 4
This is an empirical investigation of data from a large firm that provided information on all job applications, interview selection, offers, acceptances and job spell durations and wages within the firm over a 5 year period. Our analysis of the data shows that African Americans and women engage in...
Cars Hommes (University of Amsterdam)
TSE, 5 avril 2022, 14h00–15h30, salle Auditorium 4
The impact of finite forecasting horizons on price dynamics is examined in a standard infinite-horizon asset-pricing model. Our theoretical results link forecasting horizon inversely to expectational feedback, and predict a positive relationship between expectational feedback and various measures...
Yao Cui (Cornell University)
5 avril 2022, 14h00–15h00, Zoom Meeting
Online labor platforms provide freelancers the opportunity to work for clients on a project basis. However, disputes can occur as a result of the platform users' attempts to game the system, disagreement on the work quality or uncertainty of the quality outcomes. Traditionally, the dispute would...