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Zhijun Chen (University of Auckland)
Toulouse : TSE, 3 décembre 2013, 11h00–12h30, salle MC 202
Favoritism prevails in organizations that rely on subjective assessments of employee performance, and its harmful impact on the efficiency is widely recognized. This paper shows that favoritism could benefit the employer when collusion among employees becomes a serious threat in organizations....
Olivier Coibion (University of Texas, Austin and NBER)
Toulouse : TSE, 2 décembre 2013, 17h00–18h30, salle MS001
We present a simple macroeconomic model in which the real prices of commodities have a factor structure. In the model, a continuum of commodities is used in the production of the final good, and the real price of each commodity is endogenously determined. One factor captures the combined...
Yeon-Koo Che (University of Columbia)
TSE, 2 décembre 2013, 14h00–15h30, salle MF 323
This paper studies design of a recommender system for organizing social learning on a product. The optimal design trades off fully transparent social learning to improve incentives for early experimentation, by selectively over-recommending a product in the early phase of the product release. Under...
Debrah Meloso (University of Bocconi)
IDEI, 2 décembre 2013, 12h30–14h00, salle MF323
joint with Peter Bossaerts and Bill Zame
Lluis Bru (Universitat de les Illes Balears)
Toulouse : TSE, 2 décembre 2013, 11h00–12h30, salle MF 323
This paper shows that market power in a final market confers buyer power in intermediate markets, and leads to quantity discounts for large buyers. Then it is also shown that buyer power gives incentives to create a dominant firm downstream through the acquisition of capacity of already existing...
Thomas Verdebout (Université de Lille 3)
Toulouse : TSE, 29 novembre 2013, 14h00–15h15, salle MF 323
Parmi les outils les plus classiques de l’Analyse Multivariée, les Composantes Principales sont aussi un des plus anciens puisqu’elles furent introduites il y a plus de cent ans par Pearson (1901) et redécouvertes ensuite par Hotelling (1933). Aujourd’hui, l’Analyse en Composantes Principales est...
Tong Su (Toulouse School of Economics)
Toulouse : TSE, 28 novembre 2013, 12h45–14h00, salle MF 323
Conventional Bayesian rationality predicts that heterogeneous beliefs among agents will always converge as agents keep learning. In this paper I show that common learning will fail if agents have limited learning capacity. One agent's constrained optimal learning depends on his prior belief. Namely...
Krishna Pendakur (Simon Fraser University)
Toulouse : TSE, 28 novembre 2013, 11h00–12h30, salle MF 323
We propose methods to estimate resource shares of individuals in collective households that do not require restrictions on individual preferences, but rather rely on the existence of distribution factors. We provide theorems that show identification of the distribution of these resource shares....
Sophie Moinas (Toulouse School of Economics)
28 novembre 2013, BDF, Paris
Julien Grenet (Paris School of Economics)
Toulouse : TSE, 26 novembre 2013, 15h30–17h00, salle MS 001
Using comprehensive administrative data on France's single largest financial aid program, this paper provides new evidence on the impact of large-scale need-based grant programs on the college enrollment decisions, persistence and graduation rates of low-income students. We exploit sharp...
