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Ludovic Renou (University of Leicester)
Toulouse : TSE, 2 décembre 2010, 12h30–14h00, salle MB 405
This paper introduces the concept of ordient for binary relations (preferences), a relative of the concept of gradient for functions (utilities). The main motivation for this study is to replace the binary relation at the center stage of economic analysis, rather than its representation (whenever...
Nishith Prakash (Cornell University)
Toulouse : TSE, 2 décembre 2010, 11h00–12h30, salle MF 323
India's colonial legacy and linguistic diversity give English an important role in its economy, and this role has expanded due to globalization in recent decades. It is widely believed that there are sizable economic returns to English-language skills in India, but the extent of these returns is...
Christopher A. Sims (Princeton University)
Toulouse : TSE, 30 novembre 2010, 17h00–18h30, salle MF 323
Yuichi Kitamura (Yale University)
Toulouse : TSE, 30 novembre 2010, 15h30–17h00, salle MF 323
This paper develops a Bayes procedure for moment restriction models. A nonparametric prior is employed to carry out Bayesian analysis without imposing parametric distributional assumptions. Projection methods are used to deal with problems associated with identifying restrictions. A...
Béatrice Laurent (INSA Toulouse)
Toulouse : TSE, 30 novembre 2010, 14h00–15h30, salle MF 323
Jean-Pierre Ponssard (Department of Economics, Ecole Polytechnique, CNRS)
Toulouse : TSE, 30 novembre 2010, 11h00–12h30, salle MF323
This paper investigates the optimal mix between home capacity and imports to face an uncertain demand. It is proved that, if the difference between the home variable cost and the import price is large, the optimal home capacity increases as uncertainty increases, while it decreases if it is small....
Tristan Tomala (HEC Paris)
Toulouse : TSE, 30 novembre 2010, 11h00–12h30, salle MF 323
This paper studies a mechanism design model where the players and the designer are nodes in a communication network. We characterize the communication networks (directed graphs) for which, in any environment (utilities and beliefs), every incentive compatible social choice function is partially...
Michèle Tertilt (Stanford University)
Toulouse : TSE, 29 novembre 2010, 17h00–18h30, salle MF 323
An equilibrium search model of the Malawian HIV/AIDS epidemic is presented. Individuals engage in different types of sexual activity, which vary in their riskiness. When choosing a sexual activity, such as short-term sex without a condom, a person rationally considers its risk. A simulated version...
Frédéric Cherbonnier (TSE)
Toulouse : TSE, 29 novembre 2010, 12h30–14h00, salle MF 323
We examine the provision of insurance against non observable liquidity shocks for a time-inconsistent agent who can privately store resources. When lack of self control is strong enough, hidden storage does not constrain the allocation of resources. The optimal contract is strictly concave and...
Stéphane Turolla (INRA de Rennes)
Toulouse : TSE, 29 novembre 2010, 11h00–12h30, salle MF 323