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Avner Seror (Aix-Marseille University)
Toulouse : IAST, 26 septembre 2023, 12h00–13h00, salle Auditorium 3 (Ground floor - TSE Building)
This paper shows how to recover behavioral biases from revealed preference rankings implied by choices. The approach is sufficiently flexible to account for many well-documented behavioral biases in the literature. I apply the model to workhorse datasets in the literature on choice under risk and...
Teemu Pekkarinen (Yale University)
Toulouse : TSE, 26 septembre 2023, 11h00–12h30, salle Auditorium 4
A royalty system on mineral auctions is common practice in many countries. This selling procedure for state-owned minerals, such as gas or oil, is usually implemented by a second-price auction or an English auction such that the government collects an additional payment from the winner of the...
Zhijun Chen (Monash University)
TSE, 25 septembre 2023, 14h15–15h30, salle Auditorium 4
This paper develops a new theoretical model to analyze the benefits and costs associated with consumer data acquisition. While data collection yields benefits for consumers and generates revenue for digital platforms, it also imposes privacy costs on consumers. These privacy costs increase with...
Michelle Marcus (University of Vanderbilt)
Toulouse : TSE, 25 septembre 2023, 11h00–12h15, salle Auditorium 4
Despite the well-known health consequences of lead exposure, an estimated 6 to 10 million lead service lines still deliver drinking water to homes throughout the US. Disadvantaged communities are disproportionately exposed to lead service lines, contributing to health and human capital disparities...
Margarida Matos Rosa (Portuguese Competition Authority)
Toulouse : TSE, 22 septembre 2023, 15h30–17h30, salle Auditorium A4
Enhancing agencies’ effectiveness requires a range of strategies to improve their outcomes to the benefit of consumers, firms and the economy as a whole. Such strategies include an efficient institutional design, internal checks-and-balances, case management techniques, retaining internal expertise...
Stephane Verani (Federal Reserve Board)
Toulouse : TSE, 22 septembre 2023, 14h00–15h15, salle Auditorium 4
We show that the supply of U.S. life annuities is constrained by interest rate risk. We identify this eect using annuity prices oered by life insurers from 1989 to 2019 and exogenous variations in contract-level regulatory capital requirements. The cost of interest rate risk management|conditional...
Péter Bayer
Toulouse : IAST, 22 septembre 2023, 12h45–13h45, salle Auditorium 4 (First Floor - TSE Building)
This paper studies the Darwinian evolution of behavior governing strategic network formation. I propose a general framework of evolutionary selection in non-cooperative games played in heterogeneous groups. I derive notions of evolutionary stable strategies (ESS) and show connections between the...
Antoine Loeper (Universidad Carlos III de Madrid)
TSE, 22 septembre 2023, 11h00–12h30, salle Auditorium 4
Why do voters often elect governments in which several parties share power? To answer that question, we propose a dynamic model in which in every period, a voter elects a unified government---in which a single party controls policy making---or a divided government---in which the agenda and veto...
Jonas Hjort (University College, London)
21 septembre 2023, 11h00–12h30, salle Auditorium 4
Pierre Cardaliaguet (Université Paris-Dauphine)
Toulouse : TSE, 21 septembre 2023, 11h00–12h15, salle Auditorium 5
We investigate a mean field optimal control problem obtained in the limit of the optimal control of large particle systems with forcing and terminal data which are not assumed to be convex. We prove that the value function, which is known to be Lipschitz continuous but not of class C1 , in general...
