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Boualem Djehiche (KTH- Department of Mathematics – Stockholm)
Toulouse : TSE, 4 mars 2016, 14h00–15h15, salle MF 323
We suggest a method of characterizing optimal contracts in the classical setting of Principal- Agent problem under hidden action for time inconsistent utility functions. We consider two different models; Hidden Action in the weak formulation and Hidden Contract in the strong formulation. In the...
Jörgen W. Weibull
Toulouse : IAST, 4 mars 2016, 11h30–12h30, salle MS001
Ali Shourideh (University of Pennsylvania - Wharton School)
TSE, 1 mars 2016, 17h00–18h30, salle MS 001
We study optimal fiscal and redistributive policies in an open economy without commitment. Due to its redistributive motives, the government’s incentive to default on its external debt is affected by inequality. We show that in equilibrium the economy endogenously fluctuates between two regimes. In...
James Venit (Skadden, Arps, Slate, Meagher & Flom LLP)
Toulouse : TSE, 19 février 2016, 15h30–17h30, salle MF 323
Bernard Salanié (University of Columbia)
TSE, 16 février 2016, 15h30–17h00, salle MS 001
Multivalued treatment models have only been studied so far under restrictive assumptions: ordered choice, or more recently unordered monotonicity. We show how marginal treatment effects can be identified in a more general class of models. Our results rely on two main assumptions: treatment...
Ulf Axelson (London School of Economics)
TSE, 15 février 2016, 12h30–14h00, salle MF 323
We study how efficient primary financial markets are in allocating capital wheninformation about investment opportunities is dispersed across market participants.Paradoxically, the very fact that information is valuable for making real investmentdecisions destroys the efficiency of the market. To...
William Kovacic (Geoge Washington University Law School)
Toulouse : TSE, 22 janvier 2016, 15h30–17h30, salle MF323
Louis Kaplow (Harvard Law School)
Toulouse : TSE, 15 janvier 2016, 15h30–17h30, salle MF323
Toulouse, France, 7–8 janvier 2016
Toulouse, France, 6 janvier 2016, salle MS 001- MS 002
The Digital Chair Jean-Jacques Laffont was launched in February 2015 to promote research on the impact of digital technology - in areas such as industrial organization, competition policy, education, finance, culture or health. Within this initiative, we organize a Workshop to discuss the...