Conference on the Econometrics of Strategy and Decision Making
May 5-7, 2000
FRIDAY | |
8:15 | SESSION 1. NEW DEVELOPMENTS IN STRUCTURAL ESTIMATION METHODS — Chair: Ariel Pakes |
Soren Blomquist and Whitney Newey, "Nonparametric Estimation with Nonlinear Budget Sets" (abstract) Discussant: Donald Andrews |
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Roni Shachar (Tel Aviv University) and Nickolay Moshkin (Yale University), "Switching Costs or Search Costs?" Discussant: Steve Berry |
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Daniel Ackerberg (Boston University & NBER), "Importance Sampling and the Simulated Method of Moments" Discussant: Ariel Pakes |
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8:15 | SESSION 2: DYNAMICS AND ADJUSTMENT COSTS — Chair: Igal Hende |
Sanghamitra Das (Indian Statistical Institute), Mark Roberts (Pennsylvania State University & NBER), and James Tybout (Pennsylvania State University), "Micro Foundations of Export Dynamics" (abstract) Discussant: Nadia Soboleva |
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Russell Cooper (Boston University) and John Haltiwanger (University of Maryland), "On the Nature of Capital Adjustment Costs" Discussant: George Hall |
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James Levinsohn (NBER & University of Michigan) and Amil Petrin (University of Chicago, GSB), "Estimating Production Functions Using Intermediate Inputs to Control for Unobservables" Discussant: Mark Roberts |
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10:30 | SESSION 3: DYNAMIC OLIGOPOLY — Chair: Dirk Bergemann |
Andrew Ching (University of Minnesota), "Dynamic Equilibrium in the U.S. Prescription Drug Market After Patent Expiration" Discussant: Iain Cockburn |
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Steven Berry (Yale University & NBER) and Ariel Pakes (Harvard University & NBER), "Using First-Order Conditions to Estimate Dynamic Oligopoly Models" Discussant: Gautam Gowrisankaran |
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Mireia Jofre-Bonet and Martin Pesendorfer, "Bidding Behavior in a Repeated Procurement Auction" (abstract) Discussant: Lanier Benkard |
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10:30 | SESSION 4: INCENTIVE SCHEMES AND LABOR SUPPLY — Chair: Gerard van den Berg |
Bruce Shearer (Université Laval), "Piece Rates, Fixed Wages and Incentives: Evidence from a Field Experiment" Discussant: Marc Ivaldi |
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Victor Aguirregabiria (University of Chicago), "Evaluating the Effect of Regulated Severance Payments on Employment, Wages, and Productivity" Discussant: Hanming Fang |
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Christopher Ferrall (Queen's University Kingston), "Estimation and Inference in Social Experiments: The Self-Sufficiency Project and the Dynamics of Income Assistance" (abstract) Discussant: Jim Walker |
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2:00 | PLENARY SESSION: Journal of Applied Econometrics Annual Lecture Series (Lecture 1) |
Guy Laroque (INSEE & CNRS URA), "Income Maintenance Programs, Minimum Wage and Employment in France" (with Bernard Salanié) | |
2:00 | SESSION 5: EQUILIBRIUM MODELS OF LABOR SUPPLY AND SPORTS CONTENTS — Chair: Hanming Fang |
Matt Dey and Chris Flinn (New York University), "An Equilibrium Model of Health Care Provision and Wage Determination" Discussant: Donna Gilleskie |
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Geert Ridder (Johns Hopkins University) and Gerard van den Berg (Free University Amsterdam), "A Cross-Country Comparison of Labor Market Frictions" Discussant: Zvi Eckstein |
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Luca Rigotti (Tilburg University), Frederic Palomino (Tilburg University), and Aldo Rustichini (Boston University), "Skill, Strategy, and Passion: an Empirical Analysis of Soccer" Discussant: Christopher Ferrall |
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3:45 | SESSION 6: AUCTIONS — Chair: Chris Timmins |
Stephen Donald (Boston University), Harry Paarsch (University of Iowa), and Jacques Robert (Université de Montréal), "Identification, Estimation, and Testing in Empirical Models of Sequential, Ascending Price Auctions with Multi-Unit Demand: An Application to Siberian Timber-Export Permits" Discussant: Samita Sareen |
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Samita Sareen (University of Tornto and Bank of Canada), "The Economics of Timber Auctions in Southern Ontario" Discussant: Harry Paarsch |
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Isabelle Perrigne, "Semiparametric Estimation of First-Price Auctions with Risk-Averse Bidders" Discussant: Mathew Shum |
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SATURDAY | |
8:15 | SESSION 7: LIFE CYCLE MODELS OF RETIREMENT — Chair: Patrick Bayer |
Eric French (Federal Reserve Bank of Chicago), "The Effects of Health, Wealth, and Wages on Labor Supply and Retirement Behavior" Discussant: Hugo Benitez Silva |
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Mark An (Duke University), Bent Christensen (University of Aarhus), and Nabanita Gupta (University of Aarhus), "A Bivariate Duration Model of the Joint Retirement Decision of Married Couples" Discussant: Ann Stevens |
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David Blau and Donna Gilleskie (University of North Carolina, Chapel Hill), "A Dynamic Structural Model of Health Insurance and Retirement" (abstract) Discussant: John Rust |
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8:15 | SESSION 8: ENDOGENOUS PRICING — Chair: Steve Berry |
John Rust and George Hall (Yale University), "The (S,s) Rules Is an Optimal Trading Strategy in a Class of Commodity Price Speculation Problems" Discussant: Sofronis Clerides |
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Burton Hollifield (Carnegia Mellon University), Robert Miller (Carnegie Mellon University), and Patrik Sandas (University of Pennsylvania), "An Empirical Analysis of Limit Order Markets" Discussant: Shyam Sunder |
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10:30 | SESSION 9: HUMAN CAPITAL — Chair: Kenneth Wolpin |
Hanming Fang (University of Pennsylvania), "Disentangling the College Wage Premium: Estimating a Model with Endogenous Education Choices" Discussant: Robert Miller |
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Fabien Postel-Vinay (INRA-LEA) and Jean-Marc Robin (INRA-LEA & CREST-INSEE), "Expertise or Experience: What Raises Pay?" Discussant: Gerard van den Berg |
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Susumu Imai (Pennsylvania State University), "Intertemporal Labor Supply and Human Capital Accumulation" Discussant: Victor Aguirregabiria |
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10:30 | SESSION 10: ESTIMATING EQUILIBRIUM MODELS OF COMMUNITY CHOICE — Chair: Ariel Pakes |
Patrick Bayer (Yale University), "Tiebout Sorting and Discrete Choices: A New Explanation for Socioeconomic Differences in the Consumpton of School Quality" (abstract) Discussant: Hamilton Lankford |
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Kerry Smith, Spencer Banzhaf, Randy Walsh, and Holger Sieg, "Measuring the Impact of Air Quality on Housing Markets and Residential Choices in Southern California" (abstract) Discussant: Roni Shachar |
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Christopher Timmins (Yale University), "Estimating the Amenity Costs of Global Warming in Brazil: Getting the Most From Available Data" (abstract) Discussant: Matt Kahn |
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2:00 | PLENARY SESSION: Journal of Applied Econometrics Annual Lecture Series (Lecture 2) |
Guy Laroque (INSEE & CNRS URA) "Breaking Down Married Female Non-employment in France" (with Bernard Salanié) | |
3:45 | SESSION 11: TRAINING AND IMMIGRATION — Chair: John Rust |
Zvi Eckstein (University of Tel Aviv & Boston University) and Sarit Cohen (University of Tel Aviv), "Training and Occupational Choice of Highly Skilled Immigrants" Discussant: Stephen Cameron |
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Yoram Weiss (Tel Aviv University, Robert M. Sauer (Hebrew University of Jerusalem), and Menachem Gottlibovski (Academic College of Tel-Aviv-Yaffo), "Immigration, Search and Loss of Skill" Discussant: Christian Belzil |
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John Kennan and Jim Walker (University of Wisconsin-Madison & NBER), "Geographical Wage Differentials, Welfare Benefis and Migration" Discussant: Kenneth Wolpin |
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3:45 | SESSION 12: DUTCH AND FIRST PRICE AUCTIONS — Chair: Martin Pesendorfer |
Gerard van den Berg (Free University Amsterdam & CEPR) and Bas van der Klauuw (Free University of Amsterdam & Tinbergen Institute), "Structural Empirical Analysis of Dutch Flower Auctions" Discussant: Patrick Bajari |
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Indranil Chakraborty and George Deltas, "A Two-stage Approach to Structural Econometric Analysis of First Price Auctions" (Description) Discussant: Bas van der Klauuw |
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Patrick Bajari and Lixin Ye, "Detecting Collusion in Procurement Auctions" (abstract) Discussant: George Deltas |
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SUNDAY | |
8:15 | SESSION 13: SCHOOLING AND COLLEGE CHOICE — Chair: Patrick Bayer |
Peter Arcidiacono (Duke University), "Affirmative Action in Higher Education: A Structural Model of the College Decision Making Process" (abstract) Discussant: Michael Keane |
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Christian Belzil (Concordia University) and Jorgen Hansen (University of Bonn), "Intergenerational Transfers and the Rate of Time Preference in a Dynamic Model of Schooling Decisions" Discussant: Jean-Marc Robin |
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Christopher Taber (Northwestern University) and Steve Cameron (Columbia University & Federal Reserve Bank of New York), "Borrowing Constraints and the Return to Schooling" Discussant: Bruce Meyer |
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8:15 | SESSION 14: EXTORTION, COLLUSION AND NETWORK EXTERNALITIES — Chair: Chris Timmins |
Han Hong and Matthew Shum, "Adverse Selection and Market Power in Milk Quota Double Auctions" Discussant: Martin Pesendorfer |
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Gautam Gowrisankaran (University of Minnesota) and Joanna Stavins (Federal Reseve Bank of Boston), "Network Externalities and Technology Adoption: Lessons from Electronic Payments" Discussant: Liran Einav |
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Norman Offstein, "A Guerrilla Movement that Extorts an Oil Company" Discussant: Gustavo Gomez Sorzano |
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10:30 | SESSION 15: LABOR SUPPLY, FERTILITY, AND WELFARE — Chair: John Rust |
M. Laura Di Tommaso (University of Cambridge) and Melvyn Weeks (University of Cambridge), "Decision Structures and Discrete Choice: An Application to Labour Supply and Fertility" Discussant: Mark Montgomery |
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Michael Keane (New York University & University of Minnesota) and Kenneth Wolpin (University of Pennsylvania), "Estimating the Impact of Welfare on the Education, Employment, Fertility and Marriage Decisions of Women" Discussant: Seth Sanders |
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Bruce Meyer and Brian Jenn (Northwestern University), "A Structural Model of Welfare, Taxes, Labor Supply and Program Participation" Discussant: Guy Laroque |
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10:30 | SESSION 16: IDENTIFICATION AND COMPUTATION: Applications to Decision Theoretic and Game Theoretic Models — Chair: Steve Berry |
Felix Kubler (Stanford University), "Is Intertemporal Choice Theory Testable?" Discussant: Donald Brown |
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Gary Chamberlain (Harvard University), "Econometric Applications of Maxmin Expected Utility" Discussant: Ben Polak |
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Olivier Armantier (University of Pittsburgh), Jean-Pierre Florens, and Jean-Francois Richard, "Nash Equilibrium Approximation in Games of Incomplete Information" Discussant: Dirk Bergemann |