Recherche avancée

Marcel Boyer (CIRANO, Université de Montréal)

Toulouse : TSE, 17 novembre 2014, 11h00–12h30, salle MS 001

Séminaire

Ivar Ekeland (CEREMADE-Institut de Finance - Université Paris-Dauphine)

Toulouse : TSE, 14 novembre 2014, 14h00–15h30, salle MS 001

Contract theory has given rise to new classes of optimization problems. In this talk, I will focus on the adverse selection problem with multiple types. I will give a short history of the mathematical developments, I will describe the mathematical state of the art, and state some open problems,...

Séminaire

Kaisa Kotakorpi (University of Turku - Finland)

TSE, 14 novembre 2014, 11h00–12h30, salle MS 003

We analyze personalized regulation in the form of sin licenses (O'Donoghue and Rabin 2003, 2005, 2007) to correct the distortion in the consumption of a harmful good when consumers suffer from varying degrees of self-control problems. We take into account demand uncertainty, which generates a trade...

Séminaire

Yonglei Wang (Toulouse School of Economics)

Toulouse : TSE, 13 novembre 2014, 12h45–14h00, salle MF 323

By studying the Chinese margin-trading and short-selling program, this paper provides evidence that allowing margin-trading and short-selling has a negative effect on liquidity because of the information asymmetry that makes uninformed investors reluctant to trade. The mechanism is further verified...

Séminaire

Marina Halac (University of Columbia)

Toulouse : TSE, 13 novembre 2014, 11h00–12h30, salle MS 001

We study the design of contests for specific innovations when there is learning: contestants’ beliefs dynamically evolve about both the innovation’s feasibility and opponents’ success. Our model builds on exponential-bandit experimentation. We characterize contests that maximize the probability of...

Séminaire

Jean-Paul Azam (Toulouse School of Economics - ARQADE)

Toulouse : TSE, 13 novembre 2014, 11h00–12h30, salle MF 323

The incidence of civil war in Sub-Saharan Africa since the turn of the century is less than half what it was on average in the last quarter of the 20th century. This paper shows that the aid boom triggered by 9/11 played a key role in achieving purposefully this result using panel data for 46...

Séminaire

Allen Treb (University of Northwestern)

TSE, 10 novembre 2014, 17h00–18h30, salle MS 001

However, characterization of their theoretical and empirical properties has thus far been primarily focused on specific parametric examples. In this paper, we show there exist a number of theoretical and empirical properties that are universal to all gravity trade models, regardless of their...

Séminaire

Paolo Sodini (Stockholm School of Economics)

TSE, 10 novembre 2014, 12h30–14h00, salle MF 323

This paper investigates the determinants of value and growth investing in a large administrative panel of Swedish residents over the 1999-2007 period. We document strong relationships between a household’s portfolio tilt and the household’s financial and demographic characteristics. Value investors...

Séminaire

Michael Jennions (Research School of Biology, The Australian National University)

Toulouse : IAST, 7 novembre 2014, 11h30–12h30, salle MS001

This is a talk in two parts. First, I describe a recent theoretical model explaining the forces the influence investment into sexual selected traits (e.g. sexual ornamentation). The model provides a framework to understand the effect that the intensity of competition for mates has on whether it is...

Séminaire

Michael Bang Petersen (Aarhus University)

Toulouse : IAST, 6 novembre 2014, 15h30–16h30, salle MF323

Humans have evolved sophisticated psychological mechanisms tailored to solve enduring adaptive problems of social life. Many of these social problems are political in nature and relate to the distribution of costs and benefits within and between groups. In that sense, humans are, by nature,...

Séminaire