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Céline Nauges (LERNA-INRA -TSE)
Toulouse : TSE, 15 juin 2009, 11h00–12h30, salle MF 323
In this article, we present one of the first real-world empirical applications of state-contingent production theory. Our state-contingent behavioural model allows us to analyze production under both inefficiency and uncertainty without regard to the nature of producer risk preferences. Using farm...
Carlos Canon (GREMAQ TSE)
Toulouse : TSE, 12 juin 2009, 14h00–15h15, salle MF 323
This paper studies, using a two-sided market framework, the impact of regulation on platform’s pricing scheme, on investment decisions, on network users’ decision to join the network, and on welfare. We take a monopoly platform that serves a continuum of vertically differentiated buyers and sellers...
Michala Ehlers Rasmussen (University of Copenhagen)
Toulouse : TSE, 11 juin 2009, 12h45–14h00, salle MF 323
Co-operatives play an important role in the European economies. Lately, several large co-operatives have merged. From a competition policy perspective it is important to understand the consequences of such mergers. The paper addresses the following question. 'What happens to prices and welfare if...
Li Jin (Northwestern University)
Toulouse : TSE, 9 juin 2009, 11h00–12h30, salle MF 323
We investigate the use of information in repeated principal-agent game and report three results. First, consistent with Kandori (1992), garbling signals within each period hurts the efficiency of the game. Second, contrary to Abreu, Milgrom, and Pearce (1991), bundling signals across periods and...
Jess Benhabib (New York University)
Toulouse : TSE, 8 juin 2009, 17h00–18h30, salle MF 323
We study the dynamics of the distribution of wealth in an overlapping generation economy with finitely lived agents and inter-generational transmission of wealth. Financial markets are incomplete, exposing agents to both labor income and capital income risk. We show that the stationary wealth...
Mark Van Achter (University of Bonn and H.U. Brussel)
TSE, 8 juin 2009, 12h30–14h00, salle MF 323
This paper considers a trading game in which sequentially arriving liquidity traders either opt for a market order or for a limit order. One class of traders is considered to have an extended trading horizon, implying their impatience is linked to their trading orientation. More specifically,...
Maria A. García-Valiñas (University of Oviedo)
Toulouse : TSE, 5 juin 2009, 14h00–15h30, salle MC 204
EU Water Framework Directive leads to manage water in an efficient way. Water scarcity originates frequently the need for rationing, and various methods, including supply interruptions, can be used. The aim of this paper is to evaluate the effectiveness and efficiency of those methods in reducing...
Toulouse, France, 5–6 juin 2009
Manufacture des Tabacs, Toulouse, France : Université Toulouse I, 5–6 juin 2009
Pierre Boyer (TSE/GREMAQ AND EHESS)
Toulouse : TSE, 4 juin 2009, 12h45–14h00, salle MF 323
This paper studies public good provision and the equity-efficiency trade-off in a three-tier hierarchy. A Prime Minister, an inequality-averse utilitarian planner, is at the top, the citizens at the bottom and a Spending Ministry in between. The citizens are privately informed about their public...
