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Fredrik Carlsson (University of Göteborg)
Toulouse : TSE, 26 mars 2018, 11h00–12h15, salle MS 003
Nudges are no longer just used to fix internalities, but can be used to take advantage of individuals’ bounded rationality, and through a change in the choice architecture, affect behavior so that negative externalities are reduced. While we are gaining more and more insights into when and how...
Toulouse, France, 26–27 mars 2018, salle MS 001
Catherine Casamatta (TSE)
Toulouse : IAST, 23 mars 2018, 11h30–12h30
Blockchains are distributed ledgers, operated within peer-to-peer networks. If reliable and stable, they could offer a new, cost effective way to record transactions, but are they? We model the proof-of-work blockchain protocol as a stochastic game and analyse the equilibrium strategies of rational...
Christopher Bail (Duke University)
Toulouse : IAST, 23 mars 2018, 11h30–12h30, salle MF 323
There is mounting concern that social media sites contribute to political polarization by creating echo chambers that insulate people from opposing views about current events. We surveyed a large sample of Democrats and Republicans who visit Twitter at least three times each week about a range of...
Luciano Campi (London School of Economics)
Toulouse : TSE, 22 mars 2018, 11h00–12h15, salle MS001
We consider a general nonzero-sum impulse game with two players. The main mathematical contribution of the paper is a verification theorem which provides, under some regularity conditions, a suitable system of quasi-variational inequalities for the value functions and the optimal strategies of the...
Christopher Udry (Yale University)
Toulouse : TSE, 22 mars 2018, 11h00–12h30, salle MF 323
We find that returns to capital are higher for farmers who borrow than for those who do not. We measure this using a two‐stage loan and grant experiment. In our first stage, we offer loans to some villages and not others. In the second stage, we provide cash grants to a random subset of all farmers...
Nicola Pavoni (Bocconi University)
TSE, 22 mars 2018, 10h30–12h00, salle MS 003
Is there a role for the government in intervening by taxing trades in financial markets? If so, how does the intervention depend on the structure of the financial system? The structure of the financial system differs across countries: US and UK are market based, Japan and Continental Europe are...
Nicolas Roys (Royal Holloway - University of London)
TSE, 20 mars 2018, 17h00–18h30, salle MS 001
This paper proposes and estimates a model of occupational choice with multi- dimensional skills, time-varying skill prices and labor market frictions to understand the evolution of the wage structure since 1979 for low skilled men. A worker’s multi- dimensional skills are exploited differently...
Kirill Evdokimov (University of Princeton)
TSE, 20 mars 2018, 15h30–16h50, salle MS 001
We study inference in an instrumental variables model with heterogeneous treatment effects and possibly many instruments and/or covariates. In this case two-step estimators such as the two-stage least squares (TSLS) or versions of the jackknife instrumental variables (JIV) estimator estimate a...
David Myatt (London Business School)
Toulouse : TSE, 20 mars 2018, 11h00–12h30, salle MS 001
We model the interplay between a team’s performance and the talent pool of those willing to join it. The team’s performance improves if it attracts good recruits, but its fortunes decline if the talent pool is shallow. Better prospects for the team are needed to attract good recruits. This suggests...
