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Nicolas Klein (University of Montreal)
Toulouse : TSE, 13 décembre 2016, 11h00–12h30, salle MF 323
We analyze a relational contracting problem, in which the principal has some private information about the future value of the relationship. In order to reduce bonus payments, the principal is tempted to claim that the value of the future relationship was lower than it actually is. To induce truth-...
Manufacture des Tabacs - MF 323, Toulouse, France, 13 décembre 2016
Toulouse, France, 13 décembre 2016
12 décembre 2016, 15h30–17h30, salle MS003
Adrien Matray (Princeton University)
Toulouse : TSE, 12 décembre 2016, 12h30–14h00, salle MF 323
We show that firms reduce their investment in response to non-fundamental drops in the stock price of their product-market peers. This spillover is economically significant and consistent with the hypothesis that managers rely on stock prices as a source of information but cannot perfectly filter...
Grégory Ponthieres (Paris School of Economics)
Toulouse : TSE, 12 décembre 2016, 11h00–12h15, salle MS 003
We revisit the Tragedy of the Commons in an dynamic overlapping generations economy peopled of shepherds who decide how many sheep they let graze on a common parcel of land, while relying on different forms of rationality (Nash players, Pure or Impure Kantian players). We examine the dynamics of...
Rajiv Sethi (Columbia University)
Toulouse : IAST, 9 décembre 2016, 11h30–12h30, salle MF323
This talk will provide an overview of trends in crime and punishment in the United States over the past few decades, with particular attention to racial disparities in offending, victimization, arrest, and incarceration. A key theme is the role of stereotypes in conditioning interactions between...
Eric Gautier ( Toulouse School of Economics)
Toulouse : TSE, 8 décembre 2016, 11h00–12h15, salle MS 003
We consider a linear model where the coefficients - intercept and slopes - are random and independent from regressors which support is a proper subset. We provide conditions for identification of the distribution of the coefficients relying on quasi-analyticity. Some involve the tails of the...
Kaivan Munshi (University of Cambridge)
Toulouse : TSE, 8 décembre 2016, 11h00–12h30, salle MC 203
A large and growing literature has taken the position that ethnic politics plays a major role in both limiting the supply of public goods and distorting their allocation in many developing countries. We examine the role of local ethnic politics in supplying public goods within a framework that...
Andrés Salamanca Lugo ( Toulouse School of Economics)
Toulouse : TSE, 8 décembre 2016, 09h30–11h00, salle MS 003
Kamenica and Gentzkow (2011) consider a model in which a sender chooses a public communication device for signaling his information to an uninformed receiver, who then takes an action that affects the welfare of both individuals. In their model, the sender is fully committed to truthfully...
