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Christoph Schottmüller (Tilburg University)
Toulouse : TSE, 4 novembre 2010, 12h45–14h00, salle MF323
Adverse selection models are used to analyze contracting in many subfields of economics like regulation, labor economics, monopoly pricing, taxation or finance. Most authors assume single crossing. This simplifies the analysis as local incentive compatibility is in this case sufficient for global...
Antoine Salomon (ENPC)
Toulouse : TSE, 4 novembre 2010, 12h30–14h00, salle MC 205
We study strategic interaction between several agents who are facing an exploration vs. exploitation dilemma. In game theory, this situation is well described by models of bandit games. Each player faces a two-arm bandit machine, one arm being safe, the other being risky. At each stage of the game...
Ingela Alger (Carlton University)
Toulouse : TSE, 25 octobre 2010, 11h00–12h30, salle MF 323
We build and extend on research on the evolution of co-operation in games with continuous strategies, by analyzing species where individuals are familiar with each others’behavioral inclinations and adapt their own behavior accordingly. In a model where altruistic or spiteful preferences, rather...
Syngjoo Choi (University College London)
Toulouse : TSE, 21 octobre 2010, 15h30–17h00, salle MF 323
We report on the results of a large-scale field experiment that enables us to test for consistency with utility-maximizing behavior and to investigate the correlation between individual behavior and demographic and economic characteristics. We conducted the experiment with the CentERpanel (a...
Malin Arve (TSE-EHESS)
Toulouse : TSE, 21 octobre 2010, 12h45–14h00, salle MF 323
This paper studies dynamic procurement design and the effect of fundamental differences in the way firms fund their market participation on this design. In a two-period model, at each period a procurement contract splits the production of a good between two firms and both sole and dual sourcing are...
Jocelyn Donze (UT1-GREMAQ-TSE)
Toulouse : TSE, 21 octobre 2010, 12h30–14h00, salle MC 205
In Australia, on the 3rd of March 2009, the interchange fees on shared ATM transactions were removed and replaced by fees directly set and received by the ATM owners. We develop a model to study how the entry of independent ATM deployers (IADs) affects welfare under this direct charging scheme....
Gerard Padro i Miquel (LSE, NBER and BREAD)
Toulouse : TSE, 21 octobre 2010, 11h00–12h30, salle MF 323
This paper studies the impact of an increase in local leader accountability within an authoritarian regime by examining the effect of the introduction of village level elections in rural China. We collect a unique nationwide survey on the history of electoral reforms in 217 rural Chinese villages (...
Jan Johannes (University of Heidelberg)
Toulouse : TSE, 19 octobre 2010, 14h00–15h30, salle MF 323
Piero Gottardi (European University Institute)
Toulouse : TSE, 19 octobre 2010, 11h00–12h30, salle MF 323
We study a general equilibrium model with production where financial markets are incomplete. At a competitive equilibrium firms take their production and financial decisions so as to maximize their value. We show that shareholders unanimously support value maximization. Furthermore, competitive...
Ernesto Pasten (TSE-GREMAQ)
Toulouse : TSE, 18 octobre 2010, 12h30–14h00, salle MF 323
I study the time-inconsistency problem of financial bailouts when entrepreneurs (banks) correlate their aggregate risk exposure, events of "liquidity evaporation" may be triggered during financial distress, and the authority internalizes the future effects of its policies. I find that supporting...
