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Xavier Gabaix (Harvard University)
TSE, 6 octobre 2020, 14h00–15h30, salle Zoom
We develop a framework to theoretically and empirically analyze the fluctuations of the aggregate stock market. Households allocate capital to institutions, which are fairly constrained, for example operating with a mandate to maintain a fixed equity share or with moderate scope for variation. As a...
Gregory Lewis (Microsoft Research)
6 octobre 2020, 14h00–15h00, Zoom Meeting
Platforms such as Yelp and TripAdvisor aggregate crowd-sourced information aboutusers’ experiences with products and services. We analyze their impact on the hotelindustry using a panel of hotel prices, sales and reviews from five US states over a10-year period from 2005-2014. Both hotel demand and...
Thomas Drechsel (University of Maryland)
6 octobre 2020, BDF Paris
Charles Pébereau (Toulouse School of Economics)
TSE, 5 octobre 2020, 14h00–15h30, salle Zoom
While disclosing personal information makes individuals accountable for their actions, many laws restrict access to such information. This paper studies the efficient disclosure of information in principal-agent relationships with moral hazard and multiple audiences. The agent's talents are task-...
Matti Liski (Aalto University School of Business - Helsinki)
Toulouse : TSE, 5 octobre 2020, 11h00–12h15, salle Auditorium 6 - Level 3
How to plan for catastrophes that may be under way? In a simple but general model of experimentation, a decision-maker chooses a ow variable contributing to a stock that may trigger a catastrophe at each untried level. Once triggered, the catastrophe itself occurs only after a stochastic delay....
Chanwoo Kim (Toulouse School of Economics)
TSE, 2 octobre 2020, 11h00–12h30, salle Zoom
Horacio Larreguy (Institute for Advanced Study in Toulouse)
1 octobre 2020, 11h00–12h30, salle Auditorium 3
While inexpensive digital technologies like Facebook can spread misinformation, they could also enhance electoral accountability. We study electoral responses to incumbent performance information disseminated through social media and how these responses vary with information campaign saturation—the...
Laurent Miclo ( Centre national de la recherche scientifique (CNRS);IMT;Toulouse School of Economics)
Toulouse : TSE, 1 octobre 2020, 11h00–12h15, salle Auditorium 5 - 2° floor
By acting on the transmission rate of an infectious disease through various measures, which with we are all familiar today, it is possible to control the epidemic so that the health system is not overwhelmed. Such policies have an economic cost, assumed to be (semi-)linear with respect to the...
Daniel Ershov (Toulouse School of Economics)
TSE & IAST, 30 septembre 2020, 12h30–13h30, Zoom Meeting
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany’s retail gasoline market where algorithmic-pricing software became widely...
Susanne Goldlücke (University of Konstanz)
Toulouse : TSE, 29 septembre 2020, 17h00–18h30, salle Zoom
