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Benjamin Leyden (Cornell University)
20 octobre 2020, 14h00–15h00, Zoom meeting
A lack of system-level competition among digital platforms can result in socially inefficientplatform designs and meaningful welfare losses, even independent of active anti-competitivebehavior. To illustrate the social costs that can be incurred in such scenarios, I investigate how...
Harim Kim (University of Mannheim)
TSE, 19 octobre 2020, 14h00–15h30, salle Zoom
The U.S. wholesale electricity industry is undergoing a major transformation due to increasing retirements of coal-fired power plants which will be replaced mainly by cheaper and cleaner natural gas generation. This paper shows that such an environmentally desirable transition towards cleaner...
Junyuan Zou
Toulouse, 19 octobre 2020, 12h30–13h45, salle Zoom
Contrary to the prediction of the classic adverse selection theory, a more informed trader receives better pricing relative to a less informed trader in over-the-counter nan- cial markets. Dealers aggressively chase informed orders to better position their future quotes and avoid winner's curse in...
Marc Ivaldi (Toulouse School of Economics)
Toulouse : TSE, 16 octobre 2020, 15h30–17h30, TSE, salle Auditorium 5
Hansel Teo (Toulouse School of Economics)
TSE, 16 octobre 2020, 11h00–12h30, salle Zoom
This paper adopts the sufficient-statistics approach to obtain a measure of the marginal willingness to pay for long-term care insurance. Theoretically, we extend the standard consumption-based framework to account for the presence of committed consumption goods, that is, goods which face...
Online, 16 octobre 2020
Claire Abbo, Jean Massiani, Matthieu Lapeyre et Magali Antraygues Crossouard
Toulouse : TSE, 15 octobre 2020, 17h00–18h00, salle Zoom meeting & Facebook Live
Valerio Capraro (Middlesex University London)
15 octobre 2020, 11h00–12h30, salle Zoom
We report three pre-registered studies (total N=1,799) exploring the effect of nudging personal and injunctive norms in decisions that involve a trade-off between objective equality and efficiency. The first two studies provide evidence that: (i) nudging the personal norm has a similar effect as...
Dylan Possamaï (ETH, Zurich)
Toulouse : TSE, 15 octobre 2020, 11h00–12h15, salle Zoom
This paper provides a complete review of the continuous–time optimal contracting problem introduced by Sannikov [2008], in the extended context allowing for possibly different discount rates of both parties. A Golden Parachute is a situation where the agent ceases any effort at some positive...
Online, 15 octobre 2020