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Martin Schmalz (University of Michigan)
TSE, 5 octobre 2015, 14h00–15h30, salle MS 001
Many natural competitors are jointly held by a small set of large diversified institutional investors. In the US airline industry, taking common ownership into account implies increases in market concentration that are 10 times larger than what is “presumed likely to enhance market power” by...
Marian Garcia-Valinas (University of Oviedo)
Toulouse : TSE, 5 octobre 2015, 11h00–12h30, salle MS 003
Since the late 1970s, water services have been privatised in some developed countries in an attempt to improve performance. However, after three decades of privatisations the superiority of private management is being questioned and several cities are returning to public provision. In this paper we...
Alessandro Iaria (CREST-ENSAE (Paris))
TSE, 2 octobre 2015, 11h00–12h15, salle MS003
We describe methods to estimate demand parameters in the presence of choice set misspecification due to unobserved individual choice sets. We show that a consumer’s probability of making a choice from her true choice set can be written as the probability she makes the same choice from a universal...
Redmond, Washington, 2–3 octobre 2015
Barry Hewlett (Washington State University)
Toulouse : IAST, 1 octobre 2015, 15h30–16h30, salle MS001
Alexandre Tsybakov (ENSAE)
Toulouse : TSE, 1 octobre 2015, 11h00–12h30, salle MS 001
Inhomogeneous random graph models encompass many network models such as stochastic block models and latent position models. In this paper, we study two estimators – the ordinary block constant least squares estimator, and its restricted version. We show that they satisfy oracle inequalities with...
Ishac Diwan (Havard University)
Toulouse : TSE, 1 octobre 2015, 11h00–12h30, salle MF 323
We take a new look at the relation between education and democracy. There is a well-known correlation between education and democracy. But there is a sizable and rising number of countries with medium to high levels of education and no democracy. We take a view that education policy can be an...
Stefanie Stantcheva (Harvard University)
TSE, 29 septembre 2015, 17h00–18h30, salle MS001
This paper derives optimal income tax and human capital policies in a dynamic life cycle model of labor supply and risky human capital formation. The wage is a function of both stochastic, persistent, and exogenous ``ability'' and endogenous human capital. Human capital is acquired throughout life...
Robert Miller (University of Pittsburg)
TSE, 29 septembre 2015, 15h30–17h00, salle MS 001
In government procurement auctions, eligibility requirements are often imposed and, perhaps not surprisingly, contracts generally have a small number of participating bidders. To understand the effects of the restrictions of competition on the total cost of government procurement, we develop,...
Yuichi Yamamoto (University of Pennsylvania - Philadelphia)
Toulouse : TSE, 29 septembre 2015, 11h00–12h30, salle MS 001
No paper