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Anders Rahbek (University of Copenhagen)
TSE, 27 mars 2018, 15h30–16h50, salle MS 001
Daniel Hauser (Aalto University)
Toulouse : TSE, 27 mars 2018, 11h00–12h30, salle MF 323
We explore model misspecification in an observational learning framework. Individuals learn from private and public signals and the actions of others. An agent’s type specifies her model of the world. Misspecified types have incorrect beliefs about the signal distribution, how other agents draw...
Yair Antler (University of Essex)
TSE, 26 mars 2018, 14h00–15h30, salle MF 323
A scheme organizer designs a pyramid scam in order to exploit agents who rely on a simplified model of the world. We find necessary and sufficient conditions on the agents' tendency to spread information by word-of-mouth under which he is able to do so. Further, we show that in order to sustain a...
Irina Zviadadze
TSE, 26 mars 2018, 12h30–14h00, salle MF 323
Return predictability reveals economic variables that drive expected returns. Alternative economictheories relate fluctuations in predictive variables to different sources of risk. I develop an empiricalapproach that exploits these observations and measures how economically interpretable...
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
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...
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 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...
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...