on current trends in economics ria park hotel faro ......economic theory iii prescott, edward...
TRANSCRIPT
17th SAET Conference
on Current Trends in Economics
Ria Park Hotel
Faro, Portugal
June 25-30, 2017
Ria Park Hotels Map
General Daily Schedule 9:30-11:30 am Parallel Sessions
11:30-12:00 pm Coffee Break
12:00-1:00 pm Plenary Talks (Room: DaVinci A + B)
1:00-2:30 pm Lunch
2:30-4:30 pm Parallel Sessions
4:30-5:00 pm Coffee Break*
5:00-7:00 pm Parallel Sessions
*Please note: There will be no coffee break on June 30th from 4:30-5:00pm
Conference Dinner The Conference Dinner will be held Thursday, June 29th at 7:30 pm at Ria Park Hotels in the Lusitano
Restaurant. All conference registrants are welcome to attend with the cost included in the registration fee.
Social Receptions Sunday, June 25th: 7:10-8:45 pm Location: Ria Park Hotel Cocktail Bar and Terrace
Friday, June 30th: 7:10-8:45 pm Location: Ria Park Hotel Cocktail Bar and Terrace
Program Committee:
Allen, Beth (University of Minnesota, [email protected])
Arkolakis, Costas (Yale University, USA, [email protected])
Araujo, Aloisio (Instituto Nacional de Matemática Pura e Aplicada, Brazil, [email protected])
Basile, Achille (University of Naples Federico II, Italy, [email protected])
Chateauneuf, Alain (PSE-University of Paris I, France, [email protected])
Carmona, Guillherme (University of Surrey, UK, [email protected])
Chernozhukov, Victor (Massachusetts Institute of Technology, USA, [email protected])
Cornet, Bernard (PSE-University of Paris I & University of Kansas, France & USA, Bernard.Cornet@univ-
paris1.fr)
d'Aspremont, Claude (Université catholique de Louvain, Belgium, [email protected])
Echenique, Federico (California Institute of Technology, USA, [email protected])
Galichon, Alfred (New York University, USA, [email protected])
Graziano, Maria Gabriella (University of Naples Federico II, Italy, [email protected])
Hervés-Beloso, Carlos (University of Vigo, Spain, [email protected])
Hörner, Johannes (Yale University, USA, [email protected])
Kaneko, Mamoru (Waseda Univeristy, Japan, [email protected])
Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, USA, [email protected])
Kojima, Fuhito (Stanford University, USA, [email protected])
Kovenock, Dan (Chapman University, USA, [email protected])
Levine, David (Washington University-St. Louis, USA, [email protected])
Machina, Mark (University of California at San Diego, USA, [email protected])
McLean, Richard (Rutgers University, USA, [email protected])
Moulin, Hervé (University of Glasgow, Scotland, [email protected])
Nachbar, John (Washington University - St. Louis, USA, [email protected])
Pascoa, Mario (University of Surrey, UK, [email protected]) — Co-Chair
Plott, Charles (California Institute of Technology, USA, [email protected])
Podczeck, Konrad (Universitat Wien, Austria, [email protected])
Prescott, Edward C. (Australian National University, Australia, and Arizona State University, USA,
Prescott, Edward S. (Ned) (Federal Reserve Bank - Richmond, USA, [email protected])
Squintani, Francesco (University of Warwick, UK, [email protected])
Sun, Yeneng (National University of Singapore, Singapore, [email protected])
Townsend, Robert (Massachusetts Institute of Technology, USA, [email protected])
Trockel, Walter (Bielefeld University, Germany, [email protected])
Villamil, Anne (University of Iowa, USA, [email protected])
Wooders, John (New York University Abu Dhabi, United Arab Emirates, [email protected])
Wooders, Myrna Vanderbilt University, USA, [email protected])
Yannelis, Nicholas (University of Iowa, USA, [email protected]) — Co-Chair
Zame, William (UCLA, USA, [email protected])
Local Organizing Committee:
Pascoa, Mario (University of Surrey, UK, [email protected])
Session Organizers:
Allouch, Nizar (University of Kent, UK, [email protected]), Public Goods and Networks
Alós-Ferrer, Carlos (University of Cologne, Germany, [email protected]),
NeuroPsychoEconomics
Amir, Rabah (University Iowa, USA, [email protected]), Topics in Microeconomics
Araujo, Aloisio (Instituto Nacional de Matemática Pura e Aplicada, Brazil, [email protected]) and Gama,
Juan Pablo (Instituto Nacional de Matemática Pura e Aplicada, Brazil, [email protected]), General Equilibrium,
Bankruptcy and Taxes
Arkolakis, Costas (Yale University, USA, [email protected]), Cities and Trade, International Trade I,
Diffusion, Growth and Trade, and Firms, Workers and Trade
Basile, Achille (University of Naples Federico II, Italy, [email protected]), and Polyrakis, Ioannis
(National Technical University of Athens, Greece, [email protected]), Ordered Spaces and Infinite-
dimensional Economies
Beker, Pablo (University of Warwick, UK, [email protected]), Advances on the Market Selection
Hypothesis
Beviá, Carmen (Universitat Autònoma de Barcelona, Spain, [email protected]), Contests V
Bich, Philippe (PSE-University of Paris I, France, [email protected]), Topics in Economic Theory II
Bilancini, Ennio (University of Modena and Reggio Emilia, Italy, [email protected]) and Boncinelli,
Leonardo (University of Florence, Italy, [email protected]), Evolution and Mistakes
Boyarchenko, Svetlana (University of Texas at Austin, USA, [email protected]) Model Uncertainty,
Learning and Information Design
Camera, Gabriele (Chapman University, USA, [email protected]), Experimental Economics
Carmona, Guillherme (University of Surrey, UK, [email protected]), Discontinuous Games
Cerreia Vioglio, Simone (Bocconi University, Italy, [email protected]), Decision Theory II
Chateauneuf, Alain (PSE-University of Paris I, France, [email protected]) and Cornet, Bernard (PSE-
University of Paris I & University of Kansas, France & USA, [email protected]), Finance and
Decision
Chen, Yi-Chun (National University of Singapore, Singapore, [email protected]) and Luo, Xiao (National
University of Singapore, Singapore, [email protected]), Topics in Game Theory I and Topics in Game Theory II
Chun, Youngsub (Seoul National University, Korea, [email protected]), Social Choice and Cooperative Game
Theory
Citanna, Alessandro (Yeshiva University, USA, [email protected]) and Vailakis, Yiannis (University of
Glasgow, UK, [email protected]), Dynamic General Equilibrium
Corchón, Luis Carlos (Universidad Carlos III de Madrid, Spain, [email protected]), Political Economy V
Correia-da-Silva, Joao (University of Porto, Portugal, [email protected]), Economics of Information
d'Aspremont, Claude (Université catholique de Louvain, Belgium, [email protected]) and Dos
Santos Ferreira, Rodolphe (BETA - University of Strasbourg, France; Católica Lisbon School of Business and
Economics, Portugal, [email protected]), Models of Household Decisions I and Models of Household Decisions II
Davilá, Julio (Université catholique de Louvain, Belgium, [email protected]) and Oikonomou, Rigas
(Université catholique de Louvain, Belgium, [email protected]), Public Debt
Drugeon, Jean-Pierre (PSE-CNRS, France, [email protected]), Axiomatics of Temporal
Preferences
Faias, Marta (Universidade Nova de Lisboa, Portugal, [email protected]), Topics in Economic Theory &
Industrial Organization
Friedenberg, Amanda (Arizona State University, USA, [email protected]), Recent Advances in
Economic Theory
Gottardi, Piero (European University Institute, Italy, [email protected]), Financial Markets
Graziano, Maria Gabriella (Università di Napoli Federico II, Italy, [email protected]) and Platino, Vincenzo
(Università di Napoli Federico II, Italy, [email protected]), Equilibrium, Ambiguity and Externalities
Guo, Jang-Ting (University of California - Riverside, USA, [email protected]) and Lloyd-Braga, Teresa (Católica
Lisbon School of Business and Economics, Portugal, [email protected]), Topics in Macroeconomics I
Grabisch, Michel (PSE-University of Paris I, France, [email protected]), Cooperative Games
Herings, Jean-Jacques (Maastricht University, The Netherlands, [email protected] ), Networks
Herkenhoff, Kyle (University of Minnesota, USA, [email protected]), Macro Perspectives
Hervés-Beloso, Carlos (University of Vigo, Spain, [email protected]), Games and General Equilibrium and
Games and Equilibrium: Applications
Hörner, Johannes (Yale University, USA, [email protected]), Dynamic Games and Reputation
Session Organizers (Continued): Hu, Tai-Wei (Northwestern University, USA, [email protected]), Mechanism Design and
Monetary Theory
Imrohoroglu, Selahattin (University of Southern California, USA, [email protected]), Quantitative
Macroeconomics
Kamihigashi, Takashi (Kobe University, Japan, [email protected]), Bubbles and Growth
Kaneko, Mamoru (Waseda Univeristy, Japan, [email protected]) and Kline, Jeffrey K. (University of
Queensland, Australia, [email protected]), Foundational Issues in Game Theory and Preferences and Decisions
Kaplan, Todd R. (University of Exeter, UK, [email protected]), Behavioral and Experimental Economics
I and Behavioral and Experimental Economics II
Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, USA, [email protected]),
Applied Macroeconomic Theory, Households and Labor and Credit Markets, Industry Dynamics, International
Capital Flows, International Trade II, and Sovereign Debt
Kesten, Onur (Carnegie Mellon University, USA, [email protected]), Matching
Kets, Willemien (Northwestern University, USA, [email protected]), Current Trends in Economic
Theory
Kim, Kyungmin (Teddy) (University of Miami, USA, [email protected]), Applied Game Theory
I, Applied Game Theory II and Search Theory
Kojima, Fuhito (Stanford University, USA, [email protected]) Matching Theory and Market Design I and
Matching Theory and Market Design II
Koutsougeras, Leonidas (University of Manchester, UK, [email protected]), Games and
Markets
Krebs, Tom (University of Mannheim, Germany, [email protected]), Macroeconomics and
Inequality
Livshits, Igor (University of Western Ontario, Canada, [email protected]), Financial Intermediation and Macro I,
Financial Intermediation and Macro II, and Topics in Macroeconomics IV
Loch-Temzelides, Ted P. (Rice University, USA, [email protected]), Technology, the Environment, and Policy
Manzini, Paola (University of St. Andrews, UK, [email protected]) and Mariotti, Marco (Queen
Mary University of London, UK, [email protected]), Bounded Rationality
McLean, Richard (Rutgers University, USA, [email protected]), Topics in Game Theory III
Mezzetti, Claudio (University of Queensland, Australia, [email protected]), Information and Incentives
Moreno, Diego (Universidad Carlos III de Madrid, Spain, [email protected]) and Wooders, John (New
York University Abu Dhabi, United Arab Emirates, [email protected]), Markets with Adverse Selection:
Performance and Policy Intervention
Moreno-Garciá, Emma (Universidad de Salamanca, Spain, [email protected]), Topics in Economic Theory I
Moreno-Ternero, Juan D. (Universidad Pablo de Olavide, Spain, [email protected]) and Moulin, Hervé
(University of Glasgow, Scotland, [email protected]), Fair Distribution and Fair Distribution and
Mechanism Design
Nachbar, John (Washington University - St. Louis, USA, [email protected]), Theory and Experiment
Page, Frank (Indiana University, USA, [email protected]), Financial Networks and Systemic Risk
Pascoa, Mario (University of Surrey, UK, [email protected]), TBA
Penta, Antonio (University of Wisconsin, USA, [email protected]), Bounded Reasoning and Coordination
Prescott, Edward C. (Australian National University, Australia and Arizona State University, USA,
[email protected]) and Nicholas Yannelis (University of Iowa, USA, [email protected]),
Economic Theory III
Prescott, Edward Simpson (Federal Reserve Bank of Cleveland, USA, [email protected]), Topics
in Financial Economics
Prokopovych, Pavlo (Kyiv School of Economics, Ukraine, [email protected]) and Nicholas Yannelis
(University of Iowa, USA, [email protected]), Economic Theory II
Puzzello, Daniela (Indiana University, USA, [email protected]) Preliminary Title: Monetary Theory
Quintin, Erwan (University of Wisconsin - Madison, USA, [email protected]), Advances in Macro-
Finance
Quinzii, Martine (University of California - Davis, USA, [email protected]), Equilibrium Models of
Banking
Reffett, Kevin (Arizona State University, USA, [email protected]) and Wozny, Lukasz (Warsaw School of
Economics, Poland, [email protected]), Advances in Dynamic General Equilibrium and
Complementarities and Games
Riedel, Frank (Bielefeld University, Germany, [email protected]), Ambiguity in Games and Dynamic
Decisions
Rincon-Zapatero, Juan Pablo (Universidad Carlos III de Madrid, Spain, [email protected]) Dynamic
Programming
Ritzberger, Klaus (Royal Holloway, University of London, UK [email protected]), Game Theory and
Applications
Roberson, Brian (Purdue University, USA, [email protected]) and Kovenock, Dan (Chapman University,
USA, [email protected]), Contests I, Contests II, Contests IIII, and Contests IV
Session Organizers (Continued): Roy, Santanu (Southern Methodist University, USA, [email protected]), Dynamic Models of Environment and
Natural Resources and Information Frictions and Markets
Rusinowska, Agnieszka (PSE-University of Paris I, France, [email protected]), Social and
Economic Networks I and Social and Economic Networks II
Selden, Larry (Columbia University, USA, [email protected]) and Nicholas Yannelis (University of Iowa,
USA, [email protected]), Economic Theory I
Skreta, Vasiliki (University of College London, UK, [email protected]), Mechanism and Information Design I
and Mechanism and Information Design II
Squintani, Francesco (University of Warwick, UK, [email protected]), Ponsati, Clara (University of
St. Andrews, UK, [email protected]), and Dhillon, Amrita (King's Collge London, UK,
[email protected]), Political Economy I, Political Economy II, Political Economy III, Political Economy
IV
Stecher, Jack (Carnegie Mellon University, USA, [email protected]), Decision Theory
Stinchcombe, Maxwell (University of Texas at Austin, USA, [email protected]), Updating in the
Presence of Ambiguous Beliefs
Sun, Yeneng (National University of Singapore, Singapore, [email protected]), Mathematical Economics I and
Mathematical Economics II
Taub, Bart (Glasgow University, Scotland, [email protected]), Market Microstructure Theory
Townsend, Robert (Massachusetts Institute of Technology, USA, [email protected]), Networks, Space and
Cities in General Equilibrium
Trockel, Walter (Bielefeld University, Germany, [email protected]), Game Theory and
Competition
Tvede, Mich (Newcastle University, UK, [email protected]), Economic Dynamics
Unver, M. Ütku (Boston College, USA, [email protected]), Theory and Practice of Matching Markets
Venditti, Alain (Aix-Marseille Université, France, [email protected]), Macroeconomic Dynamics I and
Macroeconomic Dynamics II
Villamil, Anne (University of Iowa, USA, [email protected]), Topics in Macroeconomics II and Topics
in Macroeconomics III
Wenzelburger, Jan (University of Kaiserslautern, Germany and University of Liverpool, UK,
[email protected]), The Economics of Banking
Wooders, Myrna (Vanderbilt University, USA, [email protected]), Topics in Mechanism Design
Xiong, Siyang (University of Bristol, UK, [email protected]), Mechanism Design, Fair Division and
Dynamic Information Acquisition
Yannelis, Constantine (New York University, USA, [email protected]), Household Finance
Zank, Horst (University of Manchester, UK, [email protected]), Time Preferences: Theory and
Applications
Zapechelnyuk, Andy (University of Glasgow, UK, [email protected]), Communication and
Persuasion
Plenary Session Details (All Plenary talks will be in Rooms DaVinci A and B combined)
Sunday, June 25th: 12:00 – 1:00 pm
David Cass Lecture: Chair: Bernard Cornet
Speaker: Hervé Moulin (University of Glasgow)
Title: Fair Division: from theory to practice
Monday, June 26th: 12:00 – 1:00 pm
Presidential Lecture: Chair: Edward C. Prescott
Speaker: Robert Townsend (Massachusetts Institute of Technology)
Title: Financial Centrality and the Value of Named Traders
Tuesday, June 27th: 12:00 – 1:00 pm
Sir John Hicks Lecture: Chair: Claude d’Aspremont
Speaker: Peter J. Hammond (University of Warwick)
Title: Efficiently Regulated Insurance Markets with Adverse Selection and Many Goods
Thursday, June 29th: 12:00 – 1:00 pm
Gerard Debreu Lecture: Chair: Timothy Kehoe
Speaker: David Levine (European University Institute)
Title: Why Pollsters are Wrong, Lobbyists Win, and Cartels Lose
Friday, June 30th: 12:00 – 1:00 pm Chair: Aloisio Araujo
Lionel McKenzie Lecture:
Speaker: Itzhak Gilboa (Tel Aviv University and HEC, Paris)
Title: Second-Order Induction and the Importance of Precedents
Special Session Room: DaVinci A and B combined
Wednesday, June 28th: 12:00 – 1:00 pm
Kenneth Arrow and Economic Theory Chair: Robert Townsend
Speaker 1: Peter Hammond (University of Warwick and Stanford University)
Speaker 2: Paul Milgrom (Stanford University)
Speaker 3: Herakles Polemarchakis (University of Warwick)
Aliprantis Prize Lecture Room: DaVinci C
Wednesday, June 28th: 2:30-3:30 pm
Aliprantis Prize Lecture: Chair: Achille Basile
Speaker: Shengwu Li (Harvard University)
Title: Simple and Believable Mechanisms
Day 1 Sunday, June 25
Room 1: DaVinci A Room 2: DaVinci B Room 3: DaVinci C Room 4: Dali Room 5: Monet Room 6: Van Gogh Room 7: Matisse
9:30‐11:30 am
Experimental Economics
Gabriele Camera
Public Goods and Netowrks
Nizar Allouch
Financial Networks & Systems Risk
Marco Van der Leij
Theory and Practice of Matching Markets
Utku Unver
Technology, the Environment
and Policy
Ted Loch‐Temzelides
Applied Game Theory I
Kyungmin (Teddy) Kim
Model Uncertainty, Learning and
Information Design
Svetlana Boyarchenko
11:30‐12:00 pm COFFEE BREAK 12:00‐1:00 pm Plenary Talk ‐ David Cass Lecture: Hervé Moulin (Room: DaVinci A+B)
1:00‐2:30 pm LUNCH
2:30‐4:30 pm
Behavioral and Experimental Economics I
Todd R. Kaplan
Fair Distribution
Juan D. Moreno and Hervé Moulin
Networks
Jean Jacques‐Herings
Mathematical Economics I
Yeneng Sun
Bounded Rationality
Paola Manzini and Marco Mariotti
Applied Game Theory II
Kyungmin (Teddy) Kim
Economic Dynamics
Mich Tvede
4:30‐5:00 pm COFFEE BREAK
5:00‐7:00 pm
Behavioral and Experimental Economics II
Mechanism Deisgn, Fair Division and Dynamic
Information Acquisition
Siyang Xiong
Public Debt
Julio Dávila
Mathematical Economics II
Yeneng Sun
Bounded Reasoning and Coordination
Antonio Penta
Search Theory
Kyungmin (Teddy) Kim
Macro Perspectives
Kyle Herkenhoff Todd R. Kaplan
Day 2 Monday, June 26
Room 1: DaVinci A Room 2: DaVinci B Room 3: DaVinci C Room 4: Dali Room 5: Monet Room 6: Van Gogh Room 7: Matisse
9:30‐11:30 am
Economic Theory I
Larry Selden and Nicholas Yannelis
Networks, Space and Cities in
General Equilibrium
Robert Townsend
Equilibrium Models of Banking
Michael Magill
Market Microstructure Theory
Bart Taub
Topics in Macroeconomics I
Jang‐Ting Guo
Bubbles and Growth
Takashi Kamihigashi
Topics in Game Theory I
Yi‐Chun Chen and Xiao Luo
11:30‐12:00 pm COFFEE BREAK 12:00‐1:00 pm Plenary Talk ‐ Presidential Lecture: Robert Townsend (Room: DaVinci A+B)
1:00‐2:30 pm LUNCH
2:30‐4:30 pm
Economic Theory II
Pavlo Prokopovych and Nicholas Yanellis
Money Markets
Mario Pascoa
Markets with Adverse Selections:
Performance and Policy Intervention
Diego Moreno and John Wooders
Contests I
Dan Kovenock and Brian Roberson
Macroecnomics and Inequality
Tom Krebs
Mechanism and Information Design I
Vasiliki Skreta
Topics in Game Theory II
Yi‐Chun Chen and Xiao Luo
4:30‐5:00 pm COFFEE BREAK
5:00‐7:00 pm
Economic Theory III
Edward C. Prescott and Nicholas Yannelis
Households and Labor and Credit Markets
Tim Kehoe
Advances on the Market Selection
Hypothesis
Pablo Beker
Contests II
Dan Kovenock and Brian Roberson
Advances in Macro‐Finance
Erwan Quintin
Mechanism and Information Design II
Vasiliki Skreta
Social Choice and Cooperative Game
Theory
Youngsub Chun
Day 3 Tuesday, June 27
Room 1: DaVinci A Room 2: DaVinci B Room 3: DaVinci C Room 4: Dali Room 5: Monet Room 6: Van Gogh Room 7: Matisse 9:30‐11:30 am
Fair Distribution and Mechanism
Design
Juan D. Moreno and Hervé Moulin
Theory and Experiment
John Nachbar
Dynamic Models of Environment and Natural Resources
Santanu Roy
Contests III
Dan Kovenock and Brian Roberson
Dynamic General Equilibrium
Alex Citanna and Yiannis Vailakis
Topics in Macroeconomics II
Anne Villamil
NeuroPsychoEconomics
Carlos Alos‐Ferrer
11:30‐12:00 pm COFFEE BREAK 12:00‐1:00 pm Plenary Talk ‐ Sir John Hicks Lecture: Peter J. Hammond (Room: DaVinci A+B)
1:00‐2:30 pm LUNCH 2:30‐4:30 pm
Social and Economic Networks I
Agnieszka Rusinowska
Industry Dynamics
Tim Kehoe
Models of Household Decisions I
Claude D'Aspremont & Rodolphe Dos Santos Ferreira
Contests IV
Dan Kovenock and Brian Roberson
Games and General Equilibrium
Carlos Herves‐Beloso
Topics in Macroeconomics III
Anne Villamil
Political Economy I
Francesco Squintani and Clara Ponsati
4:30‐5:00 pm COFFEE BREAK 5:00‐7:00 pm
Social and Economic Networks II
Agnieszka Rusinowska
Economics of Information
Joao Correia da Silva
Models of Household Decisions II
Claude D'Aspremont & Rodolphe Dos Santos Ferreira
Contests V
Carmen Bevia
Games and Equilibrium: Applications
Carlos Herves‐Beloso
Evolution and Mistakes
Ennio Bilanci and Leonardo Boncinelli
Political Economy II
Francesco Squintani and Clara Ponsati
Day 4 Wednesday, June 28
Room 1: DaVinci A Room 2: DaVinci B Room 3: DaVinci C Room 4: Dali Room 5: Monet Room 6: Van Gogh Room 7: Matisse
9:30‐11:30 am
Advances in Dynamic General Equilibrium
Kevin Reffett and Lukasz Wozny
International Trade I
Costas Arkolakis
Decision Theory
Jack Stecher
Time Preferences: Theory and Applications
Horst Zank
Foundational Issues in Game Theory
Mamoru Kaneko
Topics in Economic Theory
Emma Moreno‐Garciá
Political Economy III
Francesco Squintani and Clara Ponsati
11:30‐12:00 pm COFFEE BREAK 12:00‐1:00 pm Special Session: Kenneth Arrow and Economic Theory (Room: DaVinci A+B)
1:00‐2:30 pm LUNCH
2:30‐4:30 pm
Financial Intermediation and
Macro I
Igor Livshits
International Trade II
Tim Kehoe
Aliprantis Prize Lecture Shengwu Li (2:30‐3:30 PM)
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The Economics of Banking (3:30‐4:30)
Jan Wenzelburger
Preferences and Decisions
Mamoru Kaneko
Ambiguity in Games and Dynamic Decisions
Frank Riedel
Current Trends in Economic Theory
Willemien Kets
4:30‐5:00 pm COFFEE BREAK
5:00‐7:00 pm
International Capital Flows
Tim Kehoe
Cities and Trade
Costas Arkolakis
Ordered Spaces and Infinite‐dimensional
Economies
Achille Basile
Axiomatics of Temporal Preferences
Jean‐Pierre Drugeon
Discontinuous Games
Guillherme Carmona
Quantitative Macroeconomics
Selo Imrohoroglu
Political Economy V
Luis Carlos Corchon
Political Economy IV
Francesco Squintani and Clara Ponsati
Day 5 Thursday, June 29
Room 1: DaVinci A Room 2: DaVinci B Room 3: DaVinci C Room 4: Dali Room 5: Monet Room 6: Van Gogh Room 7: Matisse
9:30‐11:30 am
Macroeconomic Dynamics I
Alain Venditti
Applied Macroeconomic
Theory
Tim Kehoe
Information Frictions and Markets
Santanu Roy
Matching
Onur Kesten
Cooperative Games
Michel Grabisch
Topics in Mechanism Design
Myrna Wooders
Financial Markets
Piero Gottardi
11:30‐12:00 pm COFFEE BREAK 12:00‐1:00 pm Plenary Talk ‐ Gerard Debreu Lecture: David Levine (Room: DaVinci A+B)
1:00‐2:30 pm LUNCH
2:30‐4:30 pm
Macroeconomic Dynamics II
Alain Venditti
Sovereign Debt
Tim Kehoe
Household Finance
Constantine Yannelis
Matching Theory and Market Design I
Fuhito Kojima
Game Theory and Competition
Walter Trockel
Mechanism Design & Monetary Theory
Tai Wei Hu
Diffusion, Growth & Trade
Costas Arkolakis
4:30‐5:00 pm COFFEE BREAK
5:00‐7:00 pm
Topics in
Microeconomics
Rabah Amir
Information and Incentives
Claudio Mezzetti
Financial Intermediation and
Macro II
Igor Livshits
Matching Theory and Market Design II
Fuhito Kojima
Finance and Decision
Alain Chateauneuf and Bernard Cornet
Communication and Persuasion
Andy Zapechelnyuk
Firms, Workers & Trade
Costas Arkolakis
Day 6 Friday, June 30
Room 1: DaVinci A Room 2: DaVinci B Room 3: DaVinci C Room 4: Dali Room 5: Monet Room 6: Van Gogh Room 7: Matisse
9:30‐11:30 am
Recent Advances in Economic Theory
Topics in Financial Economics
Edward S. (Ned) Prescott
Complementarities and Games
Kevin Reffett and Lukasz Wozny
Games and Markets
Leonidas Koutsougeras
Dynamic Games and Reputation
Johannes Hörner
Equilibrium, Ambiguity and Externalities
Maria Gabriella Graziano and Vincenzo Platino
Topics in Economic Theory II
Philippe Bich Amanda Freidenberg
11:30‐12:00 pm COFFEE BREAK 12:00‐1:00 pm Plenary Talk ‐ Lionel McKenzie Lecture: Itzhak Gilboa (Room: DaVinci A+B)
1:00‐2:30 pm LUNCH
2:30‐4:30 pm
Topics in Economic Theory & Industrial
Organization
Marta Faias
Topics in Macroeconomics IV
Igor Livshits
Topics in Game Theory III
Rich McLean
Game Theory and Applications
Klaus Ritzberger
Dynamic Programming
Juan Pablo Rincon Zapatero
Updating in the Presence of Ambiguous Beliefs
Maxwell Stinchcombe
General Equilibrium, Bankruptcy and
Taxes
Aloisio Araujo and Juan Pablo Gama
4:30‐5:00 pm BREAK
5:00‐7:00 pm
Decision Theory II
Simone Cerreia Vioglio
PARALLEL SESSION DETAILS Presenting authors are listed first.
SUNDAY, JUNE 25
Sunday, June 25th 9:30-11:30 am Sessions
*****************************************************************************
Experimental Economics Room: DaVinci A Organizer(s): Gabriele Camera, Chair: Maria Bigoni
Presenter Title
David Rojo Arjona (University of Leicester, UK,
Daniel Fragiadakis (Texas A&M University, USA)
Ada Kovaliukaite (Texas A&M University, USA)
A method to evaluate the significance and power of the
level-k family
Felix Holzmeister (University of Innsbruck, Austria,
On the reproducibility of experimental results in
economics
Yaroslav Rosokha (Purdue University, USA,
Julia Romero (Univerisity of Arizona, USA)
Constructing Strategies in the Indefinitely Repeated
Prisoner's Dilemma Game
Maria Bigoni (University of Bologna, Italy,
Chloé le Coq (SITE, Stockholm School of Economics, Sweden)
Mario Blazquez de Paz (IFN: Research Institute of Industrial
Economics, Sweden)
Coordination and inequality: an experiment
Public Goods and Networks Room: DaVinci B Organizer(s): Nizar Allouch
Presenter Title
Ignacio Monzón (Collegio Carlo Alberto, Italy,
Andrea Gallice (Collegio Carlo Alberto, Italy)
Cooperation in Social Dilemmas through Position
Uncertainty
João Ramos (University of Southern California, USA,
Elliot Lipnowski (University of Chicago, USA)
Repeated Delegation
Matthew Leister (Monash University, Australia,
Yves Zenou (Monash University, Australia)
Junjie Zhou (National University of Singapore, Singapore)
Coordination on Networks
Nizar Allouch (University of Kent, UK, [email protected])
Maya Jalloul (Queen Mary, University of London, UK) Strategic Default in Financial Networks
Sunday, June 25th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Financial Networks and Systemic Risk Room: DaVinci C Organizer(s): Frank Page, Chair: Marco Van der Leij
Presenter Title
Marco Van der Leij (University of Amsterdam, The
Netherlands, [email protected])
The formation of a core-periphery structure in
heterogeneous financial networks
Péter Csóka (Corvinus University of Budapest, Hungary,
P. Jean-Jacques Herings (Maastricht University, The
Netherlands)
Decentralized Clearing in Financial Networks
Theory and Practice of Matching Markets Room: Dali Organizer(s): Utku Unver
Presenter Title
Laura Doval (Yale University and California Institute of
Technology, USA, [email protected]) A Theory of Stability in Dynamic Matching Markets
Eun Jeong Heo (Vanderbilt University, USA,
Financial Aids in College Admissions: Need-based
versus Merit-based
Camille Terrier (Massachusetts Institute of Technology, USA,
Julien Combe (Paris School of Ecnomics, France)
Olivier Tercieux (Paris School of Economics, France)
Camille Terrie (Paris School of Economics, France)
The Design of Teacher Assignment: Theory and
Evidence
Utku Unver (Boston College, USA, [email protected])
Haluk Ergin (University of California, Berkeley, USA)
Tayfun Sönmez (Boston College, USA)
Efficient and Incentive Compatible Liver Exchange
Technology, the Environment, and Policy Room: Monet Organizer(s): Ted Loch-Temzelides
Presenter Title
Alessia Russo (University of Oslo, Norway,
Bard Harstad (University of Oslo, Norway)
Francesco Lancia (University of Vienna, Austria)
Compliance Technology and Self-Enforcing
Agreements
Grace B. Li (International Monetary Fund, USA,
Ricardo Marto (International Monetary Fund)
Giovanni Melina (International Monetary Fund, USA)
Manoj Atolia (Florida State University, USA)
Investing in Public Infrastructure: Roads or Schools
Bernardino Adão (Banco de Portugal, Portugal,
Andre C. Silva (Universidade Nova de Lisboa, Portugal)
The Effect of Firm Cash Holdings on Monetary Policy
Ted Loch-Temzelides (Rice University, USA, [email protected])
Bernardino Adão (Banco de Portugal, Portugal)
Borghan Narajabad (Federal Reserve Board, USA)
Renewable Technology Adoption and the
Macroeconomy
Sunday, June 25th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Applied Game Theory I Room: Van Gogh Organizer(s): Kyungmin (Teddy) Kim
Presenter Title
George Georgiadis (Northwestern University, USA,
[email protected]) Simple Optimal Contracts with a Risk-Taking
Aniko Öry (Yale University, USA, [email protected])
Zvika Neeman (Tel Aviv University, Israel)
Jungju Yu (Yale University, USA)
The Benet of Collective Reputation
Tymofiy Mylovanov (University of Pittsburgh, USA,
Anton Kolotilin (University of New South Wales, Australia)
Andriy Zapechelnyuk (University of Glasgow, UK)
Ming Li (Concordia University, USA)
Persuasion of a privately informed receiver
Kyungmen (Teddy) Kim (University of Miami, USA,
Raphael Boleslavsky (University of Miami, USA)
Bayesian Persuasion and Moral Hazard
Model Uncertainty, Learning and Information Design Room: Matisse Organizer(s): Svetlana Boyarchenko
Presenter Title
Yingni Guo (Northwestern University, USA,
Arjada Bardhi (Northwestern University, USA)
Modes of Persuasion Toward Unanimous Consent
Jacco Thijssen (University of York, UK,
Tobias Hellmann (Bielefeld University, Germany)
Singular Stochastic Control with Ambiguity
Nicolas Klein (University of Montreal, Canada,
Johannes Hörner (Yale University, USA)
Sven Rady (University of Bonn, Germany)
Strongly Symmetric Equilibria in Bandit Games
Svetlana Boyarchenko (University of Texas at Austin, USA,
[email protected]) Strategic Experimentation with Humped Bandits
Sunday, June 25th 2:30-4:30 pm Sessions
*****************************************************************************
Behavioral and Experimental Economics I Room: DaVinci A Organizer(s): Todd R. Kaplan
Presenter Title
Jason Shachat (Durham University, UK,
Xu Yan ( Erasmus University Rotterdam, The Netherlands)
Behind the Veil of Ignorance: Risk Aversion or
Inequality Aversion?
Jan Auerbach (University of Exeter Business School, UK,
Miguel Fonseca (University of Exeter Business School, UK)
Preordered Service in Contract Enforcement
Matthias Stefan (Leopold-Franzens Universitat, Austria,
Felix Holzmeister (Leopold-Franzens Universitat, Austria)
Alexander Mullauer (Leopold-Franzens Universitat, Austria)
Michael Kirchler (Leopold-Franzens Universitat, Austria and
University of Goteborg, Sweden)
Discrimination in the Finance Industry
Fair Distribution Room: DaVinci B Organizer(s): Juan D. Moreno-Ternero and Hervé Moulin, Chair: Hervé Moulin
Presenter Title
Yan Long (New York University Abu Dhabi , UAE,
Equal quantile rules in allocation with uncertain
demands
Karol Szwagrzak-Flores (University of Southern Denmark,
Denmark, [email protected]) Priority and proportionality in bankruptcy
Gustavo Bergantiños (Universidad de Vigo, Spain,
Cooperative and axiomatic approaches to the
knapsack allocation problem
Juan D. Moreno-Ternero (Universidad Pablo de Olavide,
Spain, [email protected])
An Aristotelian/Talmudic approach to solving claims
problems
Networks Room: DaVinci C Organizer(s): P. Jean-Jacques Herings
Presenter Title
Ana Mauleon (Université Saint-Louis - Bruxelles and CORE,
Belgium, [email protected])
P. Jean-Jacques Herings (Maastricht University, The
Netherlands)
Vincent Vannetelbosch (University of Louvain and National
Fund for Scientific Research, Belgium)
Matching with Myopic and Farsighted Players
Mariya Teteryatnikova (National Research University Higher
School of Economics, Russia,
Cautious Farsighted Stability in Network Formation
Games with Streams of Payoffs
Riccardo Saulle (Maastricht University, The Netherlands,
P. Jean-Jacques Herings (Maastricht University, The
Netherlands)
Christian Seel (Maastricht University)
The Myopic Stable Set for Social Environments
P. Jean-Jacques Herings (Maastricht University, The
Netherlands, [email protected])
Péter Csóka (Corvinus University of Budapest, Hungary)
An Axiomatization of the Proportional Rule in
Financial Networks
Sunday, June 25th 2:30-4:30 pm Sessions (Continued) **************************************************************************************************
Mathematical Economics I Room: Dali Organizer(s): Yeneng Sun
Presenter Title
Hyeng Keun Koo (Ajou University, Korea, [email protected])
Kyoung Jin Choi (University of Calgary, Canada)
Byunghwa Lim (Suwon University, Korea)
Jane Yoo (Ajou University, Korea)
Endogenous credit constraints: the bridge between
consumption and portfolio choice and optimal
contracting
Yongchao Zhang (Shanghai University of Finance and
Economics, China, [email protected])
Qianfeng Tang (Shanghai University of Finance and
Economics, China)
Weak stability and Pareto efficiency in school choice
Nobusumi Sagara (Hosei University, Japan,
M. Ali Khan (Johns Hopkins University, USA)
Relaxed large economies with infinite-dimensional
commodity spaces: the existence of Walrasian
equilibria
Yeneng Sun (National University of Singapore, Singapore,
Wei He (Chinese University of Hong Kong, China)
Dynamic games with almost perfect information
Bounded Rationality Room: Monet Organizer(s): Paola Manzini and Marco Mariotti, Chair: Marco Mariotti
Presenter Title
Emanuel Vespa (University of California at Santa Barbara,
USA, [email protected])
Ignacio Esponda (Washington University at St. Louis, USA)
Contingent Preferences and the Sure-Thing Principle:
Revisiting Classic Anomalies in the Laboratory
Koji Shirai (Kwansei Gakuin University, Japan,
Yuta Inoue (Waseda University, Japan)
Limited consideration and limited data
Paola Manzini (University of St Andrews, UK,
Valentino Dardanoni (University of Palermo, Italy)
Marco Mariotti (Queen Mary University of London, UK)
Christopher J. Tyson (Queen Mary University of London, UK)
Inferring Cognitive Heterogeneity from Aggregate
Choices
Sunday, June 25th 2:30-4:30 pm Sessions (Continued) **************************************************************************************************
Applied Game Theory II Room: Van Gogh Organizer(s): Kyungmin (Teddy) Kim, Chair: Yingni Guo
Presenter Title
Doron Ravid (University of Chicago, United States,
Elliot Lipnowski (University of Chicago, USA)
Cheap talk with transparent motives
Braz Camargo (Sao Paulo School of Economics, Brazil,
Bruno Barsanetti (Northwestern University, USA)
Walrasian Lemons Markets
Youngwoo Koh (Hanyang University, South Korea,
Jinwoo Kim (Seoul National University, South Korea)
Learning Rival's Information in Interdependent Value
Yingni Guo (Northwestern University, United States,
Eran Shmaya (Northwestern University, USA)
The Interval Structure of Optimal Disclosure
Economic Dynamics Room: Matisse Organizer(s): Mich Tvede
Presenter Title
Jong Shin (Newcastle University, UK, [email protected])
Diemo Dietrich (Newcastle University, UK)
Mich Tvede (University of East Anglia, UK)
Debt constraints and monetary policy
Labib Shami (University of Haifa, Israel,
Dynamic Monetary Equilibrium with Non-Observed
Economy and Shapley and Shubik's Price Mechanism
Mich Tvede (University of East Anglia, UK, [email protected]) Debt and money in overlapping generations
economies
Sunday, June 25th 5:00 – 7:00 pm Sessions
*****************************************************************************
Behavioral and Experimental Economics II Room: DaVinci A Organizer(s): Todd R. Kaplan
Presenter Title
Lawrence Choo (University of Erlangen-Nuremberg, Germany,
Veronika Grimm (University of Erlangen-Nuremberg,
Germany)
Gergely Horvarth (University of Erlangen-Nuremberg,
Germany)
Kohei Nitta (University of Erlangen-Nuremberg, Germany)
Are females more (or less) likely to blow the whistle?
An experimental study
Alexander Ritschel (University of Cologne, Germany,
Carlos Alós-Ferrer (University of Cologne, Germany)
Jaume García-Segarra (University of Cologne, Germany)
Performance Curiosity
Todd R. Kaplan (Haifa University, Israel, and University of
Exeter, UK, [email protected])
Surajeet Chakravarty (University of Exeter, UK)
Miguel Fonseca (University of Exeter, UK)
Bank Runs, Information, and Regulatory
Communication: An Experimental Analysis
Mechanism Design, Fair Division and Dynamic Information Acquisition Room: DaVinci B Organizer(s): Siyang Xiong, Chair: Weijie Zhong
Presenter Title
Siyang Xiong (University of Bristol, UK,
Designing (BREXIT) Referendum: An Economist’s
Pessimistic Perspective
Yu Chen (University of Graz, Austria, [email protected]) On the Equivalence of Bilateral and Collective
Mechanism Design
Jingyi Xue (Singapore Management University, Singapore,
[email protected]) Fair division with uncertain needs
Weijie Zhong (Columbia University, USA,
[email protected]) Optimal Dynamic Information Acquisition
Sunday, June 25th 5:00 – 7:00 pm Sessions
*****************************************************************************
Public Debt Room: DaVinci C Organizer(s): Julio Dávila and Rigas Oikonomou, Chair: Rigas Oikonomou
Presenter Title
Anmol Bhandari (University of Minnesota, USA,
[email protected]) The optimal maturity of government debt
Stefano Gnocchi (Bank of Canada, Canada, sgnocchi@bank-
banque-canada.ca)
Luisa Lambertini (École Polytechnique Fédérale de Lausanne,
Switzerland)
Monetary commitment and the level of public debt
Rigas Oikonomou (Université catholique de Louvain, Belgium,
Elisa Faraglia (University of Cambridge, UK)
Albert Marcet (Barcelona GSE, Spain)
Andrew Scott (London Business School, UK)
Long term government bonds
Mathematical Economics II Room: Dali Organizer(s): Yeneng Sun, Chair: Wei He
Presenter Title
Lei Qiao (Shanghai University of Finance and Economics,
China, [email protected])
Darrell Duffie (Stanford University, USA)
Yeneng Sun (National University of Singapore, Singapore)
Dynamic directed random matching
Yang Sun (National University of Singapore, Singapore,
Xiao Luo (National University of Singapore, Singapore)
Xuewen Qian (National University of Singapore, Singapore)
Generic equivalence between perfectly and
sequentially rational strategic behaviour
Bin Wu (National University of Singapore, Singapore,
Wei He (Chinese University of Hong Kong, China)
Yeneng Sun (National University of Singapore, Singapore)
Nicholas Yannelis (University of Iowa, USA)
Large economies with social types
Xiang Sun (Wuhan University, China,
Wei He (Chinese University of Hong Kong, China)
Yeneng Sun (National University of Singapore, Singapore)
Yishu Zeng (University of Michigan, USA)
Pure-strategy equilibrium in general Bayesian games
Sunday, June 25th 5:00 – 7:00 pm Sessions (Continued)
*****************************************************************************
Bounded Reasoning and Coordination Room: Monet Organizer(s): Antonio Penta, Chair: Larbi Alaoui
Presenter Title
Willemien Kets (MEDS, Northwestern University, USA, w-
Amanda Friedenberg (Arizona State University, USA)
Terri Kneeland (University College London, UK)
Bounded Reasoning: Rationality or Cognition
Ennio Bilancini (Università degli Studi di Modena e Reggio
Emilia, Italy, [email protected])
Marianna Belloc (Sapienza University of Rome, Italy)
Leonardo Boncinelli (University of Florence, Italy)
Simone D'Alessandro (University of Pisa, Italy)
A Social Heuristics Hypothesis for the Stag Hunt:
Fast- and Slow-Thinking Hunters in the Lab
Johannes Buckenmaier (University of Cologne, Germany,
Carlos Alós-Ferrer (University of Cologne, Germany)
Cognitive Sophistication and Response Times
Larbi Alaoui (Universitat Pompeu Fabra and Barcelona GSE,
Spain, [email protected] )
Antonio Penta (University of Wisconsin, USA)
Sophistication and Coordination
Search Theory Room: Van Gogh Organizer(s): Kyungmin (Teddy) Kim, Chair: Jim Albrecht Jim Albrecht
Presenter Title
Andrew Rhodes (Toulouse School of Economics, France,
Makoto Watanabe (Vrije Universiteit Amsterdam, The
Netherlands)
Jidong Zhou (Yale University, USA)
Multiproduct intermediaries
Francesco Palazzo (Bank of Italy, Italy,
Taneli Makinen (Bank of Italy, Italy)
The double bind of asymmetric information in over-
the-counter markets
Serene Tan (National University of Singapore, Singapore,
[email protected]) Income Heterogeneity and Product Quality Choice
Jim Albrecht (Georgetown University, USA,
Bruno Decreuse (Aix-Marseille University, CNRS, EHESS and
Centrale Marseille, France)
Susan Vroman (Georgetown University and IZA, USA)
Directed Search and Phantom Vacancies
Sunday, June 25th 5:00 – 7:00 pm Sessions (Continued)
*****************************************************************************
Macro Perspectives Room: Matisse Organizer(s): Kyle Herkenhoff
Presenter Title
Ana Araujo (University of Minnesota, USA,
[email protected]) Wage Inequality and Job Stability
Henry Hyatt (, USA, [email protected]) Cyclical Labor Market Sorting
Felicia Ionescu (Federal Reserve Board, USA,
Stock Market Participation: The Role of Human
Capital
Matthias Meier (University of Bonn, Germany,
[email protected]) Time to Build and the Business Cycle
MONDAY, JUNE 26
Monday, June 26th 9:30-11:30 am Sessions
*****************************************************************************
Economic Theory I Room: DaVinci A Organizer(s): Larry Selden and Nicholas Yannelis, Chair: Larry Selden
Presenter Title
Alex Zimper (University of Pretoria, South Africa,
[email protected]) Rationalizable information equilibria
Ben Golub (Harvard University, USA, [email protected]) Higher-Order Expectations
Larry Selden (Columbia University, USA,
[email protected]) Dynamic OCE Utility
Networks, Space and Cities in General Equilibrium Room: DaVinci B Organizer(s): Robert M. Townsend
Presenter Title
Mathieu Taschereau-Dumouchel (Wharton School of the
University of Pennsylvania, USA, [email protected])
Cascades and Fluctuations in an Economy with an
Endogenous Production Network
Yan Ji (Hong Kong University of Science and Technology,
Hong Kong, [email protected])
Robert M. Townsend (Massachusetts Institute of Technology,
USA)
Bank Branch Expansion vs International Capital
Flows: Integrating Local Spatial Markets with Macro
Aggregates
Alessandra Fogli (Bocconi University, Italy,
Veronica Guerrieri (University of Chicago, Booth School of
Business, USA)
The End of the American Dream? Inequality and
Segregation in US cities
Edouard Schaal (Universitat Pompeu Fabra, Spain,
Pablo D. Fajgelbaum (University of California, Los Angeles,
USA)
Optimal Transport Networks in Spatial Equilibrium
Equilibrium Models of Banking Room: DaVinci C Organizer(s): Martine Quinzii, Chair: Michael Magill
Presenter Title
Roberto Robatto (University of Wisconsin-Madision, USA,
[email protected]) Bank runs, fire sales and equity injection
Martin Hellwig (Max Planck Institute for Research on
Collective Goods, Germany, [email protected]) Liquidity provision and equity funding of banks
Michael Magill (University of Southern California, USA,
Martine Quinzii (University of California, Davis, USA)
Unconventional monetary policy and the safety of the
banking system
Monday, June 26th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Market Microstructure Theory Room: Dali Organizer(s): Bart Taub
Presenter Title
Anna Obezhaeva (New Economic School, Moscow, Russian
Federation, [email protected])
Albert S. (Pete) Kyle (University of Maryland, USA)
Dimensional Analysis, Leverage Neutrality, and
Market Microstructure Invariance
Christian Julliard (London School of Economics and Political
Science, UK, [email protected])
Derivative Market Imbalances (or what Makes
Markets Smile)
Alex Garivaltis (University of Minnesota, USA,
[email protected]) Learning to Trade Prophetically
Bart Taub (University of Glasgow, UK,
Alex Boulatov (National Research University Higher School of
Economics, Russia)
Tom George (University of Houston, USA)
High-frequency trading and market quality
Topics in Macroeconomics I Room: Monet Organizer(s): Jang-Ting Guo, Chair: Teresa Lloyd-Braga
Presenter Title
Alok Johri (McMaster University, Canada,
Christopher Gunn (Carleton University, Canada)
Marc-Andre Letendre (McMaster University, Canada)
News, Intermediation Cost Shocks and US Business
Cycles
Jinill Kim (Korea University, Korea, [email protected])
Jia Pan (Fudan University, China)
Yan Zhang (Shanghai University of Economics and Finance,
China)
Capacity Utilization and Indeterminacy: A Tale of
Two Utility Functions
Teresa Lloyd-Braga (Católica Lisbon School of Business and
Economics, Portugal, [email protected])
Antoine Le Riche (Sichuan University; CAC – IXXI, Complex
Systems Institute, China;France)
Leonor Modesto (Católica Lisbon School of Business and
Economics; IZA, Portugal; Germany)
Taste for Variety in a Two-Country Model
Monday, June 26th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Bubbles and Growth Room: Van Gogh Organizer(s): Takashi Kamihigashi, Chair: Tarishi Matsuoka
Presenter Title
Thomas Seegmuller (GREQAM, France,
Xavier Raurich (University of Bercelona, Spain)
Growth and bubbles: the interplay between productive
investment and the cost of rearing children
Tarishi Matsuoka (Tokyo Metropolitan University, Japan,
Takuma Kunieda (Kwansei Gakuin University, Japan)
Akihisa Shibata (Kyoto University, Japan)
Asset bubbles, technology choice, and financial crises
Carine Nourry (GREQAM, France, carine.nourry@univ-
amu.fr)
Karine Gente (GREQAM, France)
Miguel Leon-Ledesma (University of Kent, UK)
Undervaluation, social optimum, and growth under
credit constraints
Kazumichi Iwasa (Kobe University, Japan, kazumichi@hi-
net.zaq.ne.jp)
Laixun Zhao (Kobe University, Japan)
Inequalities and Patience in Catching Up
Topics in Game Theory I Room: Matisse Organizer(s): Yi-Chun Chen and Xiao Luo
Presenter Title
Geir Asheim (University of Oslo, Norway,
Andrés Perea (Maastricht University, The Netherlands)
Algorithms for cautious reasoning in games
Chih-Chun Yang (Academia Sinica, Taiwan,
[email protected]) Rationality and Common Belief of Rationality
Wei He (Chinese University of Hong Kong, China,
Yeneng Sun (National University of Singapore, Singapore)
Bayesian Games with Coarser Inter-player
Information
Xiao Luo (National University of Singapore, Singapore,
Xuewen Qian (National University of Singapore, Singapore)
Chen Qu (University of Nottingham Ningbo China, China)
Iterated Elimination Procedures
Monday, June 26th 2:30-4:30 pm Sessions
*****************************************************************************
Economic Theory II Room: DaVinci A Organizer(s): Pavlo Prokopovych and Nicholas Yannelis, Chair: Pavlo Prokopovych
Presenter Title
Elizabeth Baldwin (University of Oxford, UK,
[email protected]) Walrasian equilibrium and auctions
Vina Liu (University of Economics and Business, China,
Full implementation in mixed strategies under
ambiguity
Alexis Toda (University of California - San Diego, USA,
[email protected]) Zipf's Law: A Microfoundation
Monday, June 26th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Money Markets Room: DaVinci B Organizer(s): Mario Pascoa
Presenter Title
Mario Pascoa (University of Surrey, UK,
Jean-Marc Bottazzi (Paris School of Economics, France)
Guillermo Ramirez (Nova School of Business, Universidade
Nova de Lisboa, Portugal)
Do security prices rise or fall in the wake of a margins
hike?
Guillermo Ramirez (Nova School of Business and Economics,
Universidade Nova de Lisboa, Portugal,
[email protected]) Determinants of repo haircuts and bankruptcy
André C. Silva (Universidade Nova de Lisboa, Portugal,
Bernardino Adão (Banco de Portugal, Portugal)
Government financing with taxes or inflation
Hye-Jin Cho (Centre d'économie de la Sorbonne (CES), France,
Economics of Regulation: Credit Rationing and
Excess Liquidity
Markets with Adverse Selection: Performance and Policy Intervention Room: DaVinci C Organizer(s): Diego Moreno and John Wooders, Chair: Diego Moreno
Presenter Title
Olivier Bochet (NYU Abu Dhabi, UAE,
Information Transmission through Bargaining:
Experimental Evidence
Saara Hamäläinen (University of Helsinki and HECER,
Finland, [email protected])
Steady-states in decentralized markets with signals:
Reversed dynamics and non-Walrasian payoff limits
William Fuchs (Haas School of Business, University of
California Berkeley, USA, [email protected])
Vladimir Asriyan (CREI; Universitat Pompeu Fabra; Barcelona
GSE, Spain)
Brett S. Green (University of California, Berkeley, USA)
Information Aggregation in Dynamic Markets with
Adverse Selection
John Wooders (New York University Abu Dhabi, UAE,
Diego Moreno (Universidad Carlos III de Madrid, Spain)
Information Precision and the Performance of
Dynamic Markets for Lemons
Monday, June 26th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Contests I Room: Dali Organizer(s): Brian Roberson and Dan Kovenock, Chair: Brian Roberson Dan Kovenock Dan Kovenock Brian Roberson
Presenter Title
Brian Roberson (Purdue University, USA,
Dan Kovenock (Chapman University, USA)
Positional contests
David Rietzke (Lancaster University, UK,
Alexander Matros (University of South Carolina and Lancaster
University, USA and UK)
Contests on networks
Bettina Klose (University of Technology Sydney, Australia,
Dan Kovenock (Chapman University, USA)
Moderating Alliances
Cary Deck (University of Alabama and Chapman University,
USA, [email protected])
Sudipta Sarangi (Virginia Tech, USA)
Matt Wiser (University of South Alabama, USA)
The Electoral College: a multibattle contest with
complementarities
Macroeconomics and Inequality Room: Monet Organizer(s): Tom Krebs
Presenter Title
Tom Krebs (University of Mannheim, Germany, tkrebs@uni-
mannheim.de)
Matthias Mand (University of Mannheim, Germany)
Macroeconomic Implication of the Long-Run Decline
in Real Interest Rates
Moritz Kuhn (University of Bonn, Germany, mokuhn@uni-
bonn.de)
Moritz Schularick (University of Bonn, Germany)
Ulrike Steins (University of Bonn, Germany)
Income and Wealth Inequality in America, 1949-2013
Martin Scheffel (University of Cologne, Germany,
Hans Gersbach (ETH Zurich, Switzerland)
Jean-Charles Rochet (University of Zurich, Switzerland)
Financial Frictions, Labor Market Frictions, and the
Transmission of Shocks
Justin Barnette (Kent State University, USA,
[email protected]) Wealth after Job Loss
Mechanism and Information Design I Room: Van Gogh Organizer(s): Vasiliki Skreta, Chair: Johannes Schneider
Presenter Title
Gilat Levy (London School of Economics, UK,
Inés Moreno de Barreda (University of Oxford, UK)
Ronny Razin (London School of Economics, UK)
Persuasion with Correlation Neglect
Johannes Schneider (Charles III University of Madrid, Spain,
[email protected]) Managing a Conflict
Jacopo Bizzotto (University of Oslo, Norway,
[email protected]) How to Persuade a Long-Run Decision Maker
Boris Ginzburg (Universidad Carlos III de Madrid, Spain,
[email protected]) A Simple Model of Competitive Testing
Monday, June 26th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Topics in Game Theory II Room: Matisse Organizer(s): Yi-Chun Chen and Xiao Luo, Chair: Xiao Luo
Presenter Title
Chun-Ting Chen (National Taiwan University, Taiwan,
Coordination in Social Networks: Communication by
Actions
Gaoji Hu (National University of Singapore, Singapore,
Yi-Chun Chen (National University of Singapore)
Learning by Matching
Takashi Kunimoto (Singapore Management University,
Singapore, [email protected])
Roberto Serrano (Brown University , USA)
Rationalizable Implementation of Correspondences
Yi-Chun Chen (National University of Singapore, Singapore,
Manuel Mueller-Frank (IESE Business School, Spain)
Mallesh Pai (Rice University, USA)
Truthful Continuous Implementation
Monday, June 26th 5:00-7:00 pm Sessions
*****************************************************************************
Economic Theory III Room: DaVinci A Organizer(s): Edward C. Prescott and Nicholas Yannelis, Chair: Edward C. Prescott
Presenter Title
Kieran Walsh (University of Virginia, USA,
Uniqueness and Stability of Equilibrium in Economies
with Two Goods
Takuo Sugaya (Stanford University, USA,
Optimal Employment Contract with Adverse Selection
and Moral Hazard
Rodrigo Velez (University of Texas, USA, [email protected])
James Schummer (Northwestern University, USA)
Sequential Preference Revelation in Incomplete
Information settings
Pavlo Prokopovych (Kyiv School of Economics, Ukraine,
On strategic complementarities in discontinuous
games with complete and incomplete information
Households and Labor and Credit Markets Room: DaVinci B Organizer(s): Timothy J. Kehoe
Presenter Title
Rocio Madera (University of Minnesota, USA,
[email protected]) How Shocking Are Shocks?
Korie Amberger (Universitat Pompeu Fabra and Barcelona
GSE, Spain, [email protected])
Aubhik Khan (Ohio State University, USA)
Search, Income, and Wealth
Alejandra Ramos (Universitat Autonoma de Barcelona and
Barcelona GSE, Spain, [email protected])
Household Decision Making with Violence:
Implications for Transfer Program
Zachary Mahone (University of Toronto, Canada,
Pau Pujolas (McMaster University, Canada)
An Efficient Mechanism for Minimum Wage
Determination
Monday, June 26th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Advances on the Market Selection Hypothesis Room: DaVinci C Organizer(s): Pablo Beker
Presenter Title
Pietro Dindo (Dipartimento di Economia Università Ca' Foscari
Venezia, Italy, [email protected])
Filippo Massari (University of New South Wales, Australia)
The Wisdom of the Crowd Revisited
Giulio Bottazzi (Scuola Superiore Sant’Anna, Italy,
Pietro Dindo (Dipartimento di Economia Università Ca' Foscari
Venezia, Italy)
A Model of Market Sentiment
Ani Guerdjikova (University Cergy-Pontoise, France,
John Quiggin (University of Queensland, Australia)
Market Selection with Differential Financial
Constraints
Pablo Beker (University of Warwick, UK,
[email protected]) Wealth Dynamics with Imperfect Competition
Contests II Room: Dali Organizer(s): Brian Roberson and Dan Kovenock, Chair: Dan Kovenock Dan Kovenock
Presenter Title
Stergios Skaperdas (University of California, Irvine, USA,
Nicholas Sambanis (University of Pennsylvania, USA)
William Wohlforth (Dartmouth College, USA)
External intervention, identity, and civil war
Subhasish M. Chowdhury (University of East Anglia, UK,
Pablo Branas Garza (Middlesex University, UK)
Antonio M. Espin (Middlesex University, UK)
Jeroen Nieboer (Financial Conduct Authority, UK)
Born this way?: prenatal exposure to testosterone may
determine conflict behavior
Dawei Fang (University of Gothenburg, Sweden,
Thomas Noe (University of Oxford, UK)
Selection contests are always clubby
Dan Kovenock (Chapman University, USA,
Alan Gelder (Institute for Defense Analyses, USA)
Anchoring, status quo bias, and conflict
Monday, June 26th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Advances in Macro-Finance Room: Monet Organizer(s): Erwan Quintin
Presenter Title
Vincenzo Quadrini (University of Southern California, USA,
Alessandro Barattieri (Collegio Carlo Alberto, Italy)
Laura Moretti (Central Bank of Ireland, Ireland)
Bank Interconnectivity and Leverage
Francois Gourio (Federal Reserve Bank of Chicago, USA,
Emmanuel Fari (Harvard University, USA)
Accounting for Medium-run Macro-Finance Trends
since 2000
Dean Corbae (University of Wisconsin - Madison, USA,
Pablo D'Erasmo (Federal Reserve Bank of Philadelphia, USA)
Reorganization or Liquidation: Bankruptcy Choice
and Firm Dynamics
Erwan Quintin (University of Wisconsin - Madison, Wisconsin
School of Business, USA, [email protected])
Dean Corbae (University of Wisconsin - Madison, USA)
Pedro Amaral (Federal Reserve Bank of Cleveland, USA)
A New Perspective on the Finance-Development
Nexus
Mechanism and Information Design II Room: Van Gogh Organizer(s): Vasiliki Skreta, Chair: Ina Taneva
Presenter Title
Ina Taneva (University of Edinburgh, UK,
Laurent Mathevet (New York University, USA)
Jacopo Perego (New York University, USA)
On Information Design in Games
Martin Pollrich (University of Bonn, Germany,
Colin von Negenborn (Humboldt University Berlin, Germany)
Sweet Lemons: on Collusion in Hierarchical Agency
Amir Habibi (University College London, UK,
[email protected]) Motivation and Information Design
Fatemeh Borhani (University of Pittsburgh, USA,
Ed Green (Pennsylvania State University, USA)
Conditioning Beliefs on Acquired Knowledge
Monday, June 26th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Social Choice and Cooperative Game Theory Room: Matisse Organizer(s): Youngsub Chun
Presenter Title
Honorata Sosnowska (Warsaw School of Economics, Poland,
Krzysztof Przybyszewski (Kozminski University, Poland)
Approval voting as a polling method
Eunju Lee (Seoul National University, South Korea,
Gustavo Bergantinos (Universidade de Vigo, Spain)
Youngsub Chun (Seoul National University, South Korea)
Leticia Lorenzo (Universidade de Vigo, Spain)
Axiomatic characterizations of the folk rule for
minimum cost spanning tree problems with multiple
sources
Hans Peters (Maastricht University, The Netherlands,
Dominik Karos (Maastricht University, The Netherlands)
Effectivity and power
Youngsub Chun (Seoul National University, South Korea,
Manipushpak Mitra (Indian Statistical Institute, India)
Suresh Mutuswami (University of Leicester, UK)
A Rawlsian approach to the queueing problem
TUESDAY, JUNE 27
Tuesday, June 27th 9:30-11:30 am Sessions
*****************************************************************************
Fair Distribution and Mechanism Design Room: DaVinci A Organizer(s): Juan D. Moreno-Ternero and Hervé Moulin, Chair: Juan D. Moreno-Ternero
Presenter Title
Patrick Harless (University of Glasgow, UK,
Trade-offs among Efficiency, Equity, and Non-
manipulability in the Probabilistic Assignment of
Objects
Christian Trudeau (University of Windsor, Canada,
Eric Bahel (Virginia Tech, USA)
Fairness, stability and complementarity: a cooperative
game approach to the job scheduling problem
Jens Leth Hougaard (University of Copenhagen, Denmark,
Implementation of welfare maximizing connection
networks
Theory and Experiment Room: DaVinci B Organizer(s): John Nachbar
Presenter Title
PJ Healy (Ohio State University, USA, [email protected])
Kirby Nielsen (Ohio State University, USA)
The Epistemics of Public Goods Contributions: An
Experimental Study
Ryan Oprea (University of California, Santa Barbara, USA,
General Equilibrium Convergence Under Revealed
Rather than Induced Preferences
Brian Rogers (Washington University in St. Louis, USA,
[email protected]) Efficiency-based Measures of Inequality
Alistair Wilson (University of Pittsburgh, USA,
Diagnosing Coordination Failures in Information
Relationships
Dynamic Models of Environment and Natural Resources Room: DaVinci C Organizer(s): Santanu Roy
Presenter Title
Giorgio Fabbri (Aix-Marseille School of Economoics, CNRS
and EHESS, France, [email protected])
Emmanuelle Augeraud-Veron (Universite de La Rochelle,
France)
Kathleen Schubert (Paris School of Economics, France )
The Value of Biodiversity as an Insurance Device
Bård Harstad (University of Oslo, Norway,
Nils C. Framstad (University of Oslo, Norway)
Conservation Contracts for Exhaustible Resources
Matti Liski (Aalto University, Finland, [email protected])
François Salanié (Toulouse School of Economics, France) Tipping points, delays, and the control of catastrophes
Tuesday, June 27th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Contests III Room: Dali Organizer(s): Brian Roberson and Dan Kovenock, Chair: Dan Kovenock
Presenter Title
Jörg Franke (University of Dortmund, Germany,
Wolfgang Leininger (University of Dortmund, Germany)
Cédric Wasser (University of Bonn, Germany)
Optimal favoritism in all-pay auctions and lottery
contests
Jingfeng Lu (National University Singapore, Singapore,
Dan Kovenock (Chapman University, USA)
All-pay quality bids in score auctions
Anastasia Antsygina (European University Institute, Italy,
Optimal allocation of multi-dimensional prizes in
contests with heterogeneous agents: theory and an
empirical application
Zhewei Wang (Shandong University, China,
Jingfeng Lu (National University Singapore, Singapore)
Bo Shen (Wuhan University, China)
Optimal multi-dimensional rank-order contest
Dynamic General Equilibrium Room: Monet Organizer(s): Alessandro Citanna, Chair: Yiannis Vailakis
Presenter Title
Alex Citanna (Yeshiva University, USA, [email protected])
Gaetano Bloise (Yeshiva University, USA) Liquidity Shortages under limited commitment
Florian Bidian (Georgia State University, USA,
[email protected]) Asset float and leveraged bubbles
Dominika Kryczka (University of Zurich, Switzerland,
[email protected]) Recursive equilibria in the neo-classical growth model
Yiannis Vailakis (University of Glasgow, UK,
Gaetano Bloise (Yeshiva University, USA)
Herakles Polemarchakis (University of Warwick, UK)
Sustainable debt under incomplete markets
Topics in Macroeconomics II Room: Van Gogh Organizer(s): Anne Villamil
Presenter Title
Galina Vereshchagina (Arizona State University , USA,
[email protected]) Taxation and sorting of managers across firms
Anne Villamil (University of Iowa, USA,
Funding Employer-based Insurance: Regressive
Taxation and Premium Exclusions
Tuesday, June 27th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
NeuroPsychoEconomics Room: Matisse Organizer(s): Carlos Alós-Ferrer
Presenter Title
Michele Garagnani (University of Cologne, Germany,
Carlos Alós-Ferrer (University of Cologne, Germany)
Who is a reinforcer, who is an optimizer? Classifying
decision makers in a belief-updating paradigm
Kristian Myrseth (Trinity College Dublin, Ireland,
David Andersson (Linköping University)
Magnus Johannesson (Stockholm School of Economics,
Sweden)
Gustav Tinghög (Linköping University, Sweden)
Daniel Västfjäll (Linköping University, Sweden)
Conny Wollbrant (University of Gothenburg, Sweden)
Assessing the intuitive cooperation hypothesis: a
meta-analysis
Larbi Alaoui (Universitat Pompeu i Fabra, Spain)
Christian Fons-Rosen (Universitat Pompeu i Fabra, Spain,
Know When to Fold ’Em: The Grit Factor
Carlos Alós-Ferrer (University of Cologne, Germany,
Sabine Hügelschäfer (University of Cologne, Germany)
Social Preferences Depend on Expectations: Neural
Evidence
Tuesday, June 27th 2:30-4:30 pm Sessions
*****************************************************************************
Social and Economic Networks I Room: DaVinci A Organizer(s): Agnieszka Rusinowska, Chair: Tim Hellmann
Presenter Title
Olena Orlova (EDEEM, University Paris 1 Panthéon-Sorbonne
and Bielefeld University, France, [email protected]) Heterogeneity in Games on Networks
Dominik Karos (Maastricht University, The Netherlands,
[email protected]) Why Political Violence Causes Social Instability
Alexis Poindron (University Paris 1 Panthéon-Sorbonne, Centre
d’Economie de la Sorbonne, France,
Michel Grabisch (PSE, University Paris 1, Centre d’Economie
de la Sorbonne, France)
Agnieszka Rusinowska (PSE – CNRS, University Paris 1,
Centre d’Economie de la Sorbonne, France)
A Model of Anonymous Influence with Anti-conformist
Agents
Tim Hellmann (Bielefeld University, Germany,
Herbert Dawid (Bielefeld University, Germany)
R&D Investments under Endogenous Cluster
Formation
Tuesday, June 27th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Industry Dynamics Room: DaVinci B Organizer(s): Timothy J. Kehoe
Presenter Title
Tiago Tavares (Instituto Tecnológico Autónomo de México,
Mexico, [email protected])
Alexandros Fakos (Instituto Tecnológico Autónomo de México,
Mexico, UK)
Heterogeneous Investment Dynamics of
Manufacturing Firms
David Pérez-Reyna (Universidad de los Andes, Colombia,
Julian Neira (University of Exeter, UK)
Cesar E. Tamayo (Inter-American Development Bank, USA)
Reforms, Entrepreneurship, and Misallocation in
Colombia
Jack Rossbach (Georgetown University Qatar, Qatar,
[email protected]) International Competition and Granular Fluctuations
Kim J. Ruhl (Pennsylvania State University, USA,
Didem Tuzemen (Federal Reserve Bank of Kansas City, USA)
Jonathan L. Willis (Federal Reserve Bank of Kansas City,
USA)
Demographics and Industry Dynamics
Models of Household Decisions I Room: DaVinci C Organizer(s): Claude d'Aspremont and Rodolphe Dos Santos Ferreira, Chair: Rodolphe Dos Santos Ferreira
Presenter Title
Claude d'Aspremont (CORE, Université Catholique de
Louvain, Belgium, [email protected])
Rodolphe Dos Santos Ferreira (BETA - University of
Strasbourg, France; Católica Lisbon School of Business and
Economics, Portugal)
Revealed Preference Analysis of Semi-Cooperative
Household Behavior
Pierre-André Chiappori (Columbia University, USA,
Robert McCann (Department of Mathematics, University of
Toronto, Canada)
Brendan Pass (Department of Mathematical and Statistical
Sciences, University of Alberta, Canada)
Household Formation: the Theory of
Multidimensional Matching
Thomas Demuynck (ECARES - Université Libre de Bruxelles,
Belgium, [email protected]) Revealed Preference and Stable Household Matching
Paula Eugenia Gobbi (IRES - Université Catholique de
Louvain, Belgium, [email protected]) Childcare and Commitment within Households
Tuesday, June 27th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Contests IV Room: Dali Organizer(s): Brian Roberson and Dan Kovenock, Chair: Brian Roberson
Presenter Title
Toomas Hinnosaar (Collegio Carlo Alberto, Italy,
[email protected]) Dynamic common-value contests
Sergio Parreiras (University of North Carolina, USA,
[email protected]) Drop-outs in contests
Christian Seel (Maastricht University, The Netherlands,
Moritz Mendel (Maastricht University, The Netherlands)
Ferdinand Pieroth (Maastricht University, The Netherlands)
Sequential elimination contests
Kai A. Konrad (Max Planck Institute for Tax Law and Public
Finance, Germany, [email protected])
TIlman Klumpp (University of Alberta, Canada)
Dynamic Colonel Blotto games
Games and General Equilibrium Room: Monet Organizer(s): Carlos Hervés-Beloso
Presenter Title
Matias Fuentes (National University of San Martín, Argentina,
Jean Marc Bonnisseau (Univ. Paris I, France)
Market failures and equilibria in Banach lattices
Bruno M P M Oliveira (Univ. Porto and LIAAD-INESC TEC,
Portugal, [email protected])
Yusuf Aliyu Ahmad (Univ. Porto and LIAAD-INESC TEC,
Portugal)
Athanasios N. Yannacopoulos (Athens University, Greece)
Barbel F. Finkenstädt (University of Warwick, UK)
Alberto A. Pinto (Univ. Porto and LIAAD-INESC TEC,
Portugal)
Price formation in random exchange markets
Filomena Garcia (Indiana University, USA,
Jose Manuel Paz y Mino (Indiana University, USA)
Gustavo Torrens (Indiana University, USA)
Of Course Collusion Should be Prosecuted. But
Maybe ... Or (The case for international antitrust
agreements)
Tuesday, June 27th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Topics in Macroeconomics III Room: Van Gogh Organizer(s): Anne Villamil
Presenter Title
Matt Hoelle (Purdue University, USA, [email protected]) The Role of Collateral in Enhancing Real Business
Cycle Fluctuations
Antonio Antunes (Banco de Portugal and Nova SBE, Portugal,
Valerio Ercolani (Banco de Portugal, Portugal)
Public debt expansions and the dynamics of the
household borrowing constraint
Evangelia Chalioti (Yale University, USA,
[email protected]) Compensation Contracts and Career Concerns
Political Economy I Room: Matisse Organizer(s): Francesco Squintani, Clara Ponsati and Amrita Dhillon, Chair: Dana Foarta
Presenter Title
Dana Foarta (Stanford University, USA, [email protected]) Unification versus Separation of Regulatory
Institutions
Andrew Little (Cornell University, USA,
[email protected]) I Don't Know
Jernej Copic (Aix-Marseille Universite and CERGE-Ei, France,
[email protected]) Asymmetric Legislative Bargaining
Tuesday, June 27th 5:00-7:00 pm Sessions
*****************************************************************************
Social and Economic Networks II Room: DaVinci A Organizer(s): Agnieszka Rusinowska
Presenter Title
Berno Buechel (University of St. Gallen, Institute of Economics
(FGN), Switzerland, [email protected])
Lydia Mechtenberg (University of Hamburg, Department of
Economics, Germany)
The swing voter’s curse in social networks
Simon Schopohl (EDEEM, Université Paris 1, Universität
Bielefeld and Université catholique de Louvain, France,
Germany, Belgium, [email protected])
Information Transmission in Hierarchies
Anja Prummer (Queen Mary University of London, UK,
Sanjeev Goyal (University of Cambridge, UK)
Lorenzo Ductor (Middlesex University London, UK)
Gender and Networks
Agnieszka Rusinowska (PSE – CNRS, University Paris 1,
Centre d’Economie de la Sorbonne, France,
René van den Brink (VU University Amsterdam, The
Netherlands)
The Degree Measure as a Utility Function for
Positions in Weighted Networks
Tuesday, June 27th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Economics of Information Room: DaVinci B Organizer(s): Joao Correia-da-Silva
Presenter Title
Matthew Robertson (University of Strathclyde, UK,
[email protected]) Signalling with Endogenous Private Information
Willy Lefez (Toulouse School of Economics, France,
Collusion under incomplete information on the
discount factor
Joao Correia-da-Silva (University of Porto, Portugal,
[email protected]) Trembling mechanisms
Daniel Garrett (Toulouse School of Economics, France,
Alessandro Pavan (Northwestern University, USA)
Juuso Toikka (MIT, USA)
Robust Predictions in Dynamic Screening
Models of Household Decisions II Room: DaVinci C Organizer(s): Claude d'Aspremont and Rodolphe Dos Santos Ferreira, Chair: Claude d'Aspremon
Presenter Title
Marc Goñi (Department of Economics, University of Vienna,
Austria, [email protected])
Paula Eugenia Gobbi ((IRES - Université Catholique de
Louvain, Belgium)
Childless Aristocrats : Fertility, Inheritance, and
Persistent Inequality in Britain (1650-1882)
Arthur Lewbel (Department of Economics, Boston College,
USA, [email protected])
Identification of Random Resource Shares in
Collective Households Without Preference Similarity
Restrictions
Khushboo Surana (Department of Economics, KU Leuven,
Belgium, [email protected])
Laurens Cherchye (Department of Economics, KU Leuven,
Belgium)
Bram De Rock (ECARES - Université Libre de Bruxelles,
Belgium)
Frederic Vermeulen (Department of Economics, KU Leuven)
Marital Matching, Economies of Scale and
Intrahousehold Allocations
Contests V Room: Dali Organizer(s): Carmen Beviá
Presenter Title
Maria Cubel (Universitat de Barcelona, Spain, [email protected]) Generalized Difference Form Contest
Patricia Esteve-Gonzalez (Lancaster University, UK, p.esteve-
Matthias Dahm (University of Nottingham)
Affirmative Action through Extra Prizes
Anil Yildizparlak (Durhan University , UK,
Alberto Vesperoni (FoKoS Institute, University of Siegen,
Germany)
Linking conflict to inequality: The Gini index as a
measure of rent dissipation
Carmen Beviá (Universidad de Alicante, Spain,
Luis Corchón (Universidad Carlos III de Madrid, Spain)
Contest Decided by Voting
Tuesday, June 27th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Games and Equilibrium: Applications Room: Monet Organizer(s): Carlos Hervés-Beloso and Emma Moreno-García, Chair: Carlos Hervés-Beloso
Presenter Title
Eduardo L. Giménez (Universidad de Vigo, Spain,
Mikel Pérez-Nievas (Universidad de Santiago de Compostela,
Spain)
J. Ignacio Conde-Ruiz (Unv. Complutense de Madrid and
FEDEA, Spain)
Efficiency and Endogenous Fertility
Jaume García-Segarra (University of Cologne, Germany,
Miguel Ginés-Vilar (Universitat Jaume I de Castelló, Spain)
The compatibility between stagnation proofness and
full solidarity in n-agent bargaining problems
Yassine Lefouili (Toulouse School of Economics, France,
Bruno Jullien (Toulouse School of Economics, France)
Michael Riordan (Columbia University, USA)
Privacy Protection
Federica Farolfi (University of Cologne, Germany,
The CEO Selection Decision Process: the Role of
Board Composition
Evolution and Mistakes Room: Van Gogh Organizer(s): Ennio Bilancini and Leonardo Boncinelli, Chair: Ennio Bilancini
Presenter Title
Leonardo Boncinelli (Università di Firenze, Italy,
[email protected]) A Long-Run Evolutionary Analysis of Group Conflict
Sung-Ha Hwang (Korea Advanced Institute of Science and
Technology (KAIST), Korea, [email protected])
Samuel Bowles (Santa Fe Institute)
Suresh Naidu (Columbia University)
Social conflict and the evolution of unequal
convention
Philip Neary (Royal Holloway, UK, [email protected]) The Segregation Game: Schelling meets Tiebout
Ryoji Sawa (University of Tsukuba, Japan,
Akira Okada (Kyoto University, Japan)
An evolutionary approach to social choice problems
with q-quota rules
Political Economy II Room: Matisse Organizer(s): Francesco Squintani, Clara Ponsati and Amrita Dhillon, Chair: Alessandra Casella
Presenter Title
Clara Ponsati (University of St. Andrews, UK,
Jan Zapál (Cerge-EI, Czech Republic)
Electing the Pope
Javier Rivas (University of Bath, UK, [email protected]) Lobbying, Campaign Contributions and Political
Competition
Ioanna Grypari (Max Planck Institute, Germany,
Olga Gorelkina (University of Liverpool, UK)
One Strike and You're Out! The Effects of the Master
Lever on Senators' Positions
WEDNESDAY, JUNE 28
Wednesday, June 28th 9:30-11:30 am Sessions
*****************************************************************************
Advances in Dynamic General Equilibrium Room: DaVinci A Organizer(s): Kevin Reffett and Lukasz Wozny, Chair: Kevin Reffett
Presenter Title
Dan Cao (Georgetown University, USA,
Existence of Generalized Recursive Equilibria in
Krusell Smith Economies
Anna Rubinchik (University of Haifa, Israel,
A. Gorokhovsky (University of Colorado, USA)
Regularity of a Fixed point equilibrium system
Marten Hillebrand (University of Konstanz, Germany,
Martin Barbie (University of Cologne, Germany)
Bubbly Markov Equilibria
Kevin Reffett (Arizoma State University, USA,
Dilsat Dalkiran (Arizona State University, USA)
Manjira Datta (Arizona State University, USA)
Lukasz Wozny (Warsaw School of Economics, Poland)
Preferences, Externalties, and Indeterminacy: A
Global Approach to Minimal State Space Recursive
Equilibrium
International Trade I Room: DaVinci B Organizer(s): Costas Arkolakis
Presenter Title
Eduardo Morales (Princeton University, USA,
[email protected]) Venting Out: Exports during a Domestic Slump
Rodrigo Adão (Princeton University, USA,
Costas Arkolakis (Yale University, USA)
Federico Esposito (Tufts University, USA)
Trade, Agglomeration, and Labor Markets: Theory
and Evidence
Joaquin Blaum (Brown University, USA,
[email protected]) The Behavior of Imports in Large Crises
Alonso De Gortari (Harvard University, USA,
[email protected]) Disentangling Global Value Chains
Wednesday, June 28th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Decision Theory Room: DaVinci C Organizer(s): Jack Stecher
Presenter Title
Mohammed Abdellaoui (HEC Paris, France,
E. Kemel (HEC Paris, France)
A. Panin (Oxford, UK)
F.M. Vieider (University of Reading, UK)
Take your Chance or Take your Time: On the Impact
of Risk on Time Discounting
Chad Kendall (University of Southern California, USA,
Ryan Oprea (University of California, Santa Barbara, USA)
Are Biased Beliefs Fit to Survive? An Experimental
Test of the Market Selection Hypothesis.
Laetitia Placido (Baruch College, City University of New York,
USA, [email protected])
Testing constant absolute and relative ambiguity
aversion
Andriy Zapechelnyuk (University of Glagow, UK,
Karl H. Schlag (University of Vienna, Austria)
Robust Sequential Search
Time Preferences: Theory and Applications Room: Dali Organizer(s): Horst Zank
Presenter Title
François Le Grand (EM-Lyon Business School, France,
Antoine Bommier (ETH Zurich, Switzerland)
Daniel Harenberg (ETH Zurich, Switzerland)
Household Finance and the Value of Life
Jawwad Noor (Boston University, USA, [email protected])
Norio Takeoka (Hitotsubashi University, Japan) Impatience as Selfishness
Craig Webb (University of Manchester, UK,
[email protected]) Time consistency and decreasing impatience
Horst Zank (University of Manchester, UK,
Mohammed Abdellaoui (HEC Paris, France)
Modeling Attitudes Towards Future Risks
Foundational Issues in Game Theory Room: Monet Organizer(s): Mamoru Kaneko
Presenter Title
Liping Tang (Sun Yat-sen University, China,
Ex Post Cheap Talk: Misunderstanding and
Communication
Adam Dominiak (Virginia Polytech Institute and State
University, USA, [email protected]) Epistemic Foundation of Equilibria under Ambiguity
Jeffrey J. Kline (University of Queensland, Australia,
General Principles for Construction of Inductively
Derived Views
Samuel Waltener (Universite Saint-Louis, Belgium,
Results on Finiteness, Existence, and Minimality of
Inductively Derived Views
Wednesday, June 28th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Topics in Economic Theory I Room: Van Gogh Organizer(s): Emma Moreno-García
Presenter Title
Joana Pinho (Faculdade de Economia do Porto, Portugal,
Yassine Lefouili (Toulouse School of Economics, France)
Collusion in two-sided markets
Joana Resende (CEFUP. Faculdade de Economia da
Universidade do Porto, Portugal, [email protected])
Rosa Branca Esteves (Universiade do Minho, Portugal)
Personalized pricing through price discrimination:
who are the winners?
Joaquín Gómez-Miñambres (Bucknell University, USA,
Brice Corgnet (EM-Lyon Business school, France)
Roberto Hernán-González (Nottingham University Business
School, UK)
Goal Setting in the Principal-Agent Model: Weak
Incentives for Strong Performance.
Sofía Correa-Deisler (New York University, USA,
Daniel Hojman (University of Chile, Chile)
An Economic Theory of Segregation
Political Economy III Room: Matisse Organizer(s): Francesco Squintani, Clara Ponsati and Amrita Dhillon, Chair: Benoit Crutzen
Presenter Title
Santiago Sanchez (King's College London, UK,
[email protected]) Inequality in Conflicts
Benoit Crutzen (Erasmus University Rotterdam, The
Netherlands, [email protected]) Incentives in team contests
Daniel Cardona (University of the Balearic Islands, Spain,
Within-group heterogeneity in endogenous-policy
contests
Wednesday, June 28th 2:30-4:30 pm Sessions
*****************************************************************************
Financial Intermediation and Macro I Room: DaVinci A Organizer(s): Igor Livshits
Presenter Title
Natalia Kovrijnykh (Arizona State University, USA,
Igor Livshits (University of Western Ontario, Canada)
Ariel Zetlin-Jones (Carnegie Mellon University, USA)
Building Credit Histories with Heterogeneously-
Informed Lenders
Satyajit Chatterjee (Federal Reserve Bank of Philadelphia,
USA, [email protected])
Mark Aguiar (Princeton University)
Harold Cole (University of Pennsylvania, USA)
Zachary Strangebye (University of Notre Dame, USA)
Self-fulfilling Debt Crises, Revisited: The Art of the
Desperate Deal
Ariel Zetlin-Jones (Carnegie Mellon University, USA,
Burton Hollifield (Carnegie Mellon University, USA)
The Maturity Structure of Inside Money
Kirill Shakhnov (EIEF, Italy, [email protected])
Nicola Borri (LUISS University, Italy)
Limited Arbitrage in the Market for Local Currency
Emerging Market Debt
International Trade II Room: DaVinci B Organizer(s): Timothy J. Kehoe, Chair: Kim J. Ruhl
Presenter Title
Daniela Viana Costa (University of Minnesota, USA,
Output Fluctuations in Primary Commodity Exporting
Countries
Claustre Bajona (Ryerson University, Canada,
Paul Missios (Ryerson University)
Andrea Pierce (Industry Canada, Canada)
Trade and the Environment with Heterogeneous Firms
Timothy J. Kehoe (University of Minnesota and FRB
Minneapolis, USA, [email protected])
Pau S. Pujolàs (McMaster University, Canada)
Jack Rossbach (Georgetown University Qatar, Qatar)
Quantitative Trade Models: Developments and
Challenges
Pau S. Pujolàs (McMaster University, Canada,
Wyatt J. Brooks (University of Notre Dame, USA)
Timothy J. Kehoe (University of Minnesota and FRB
Minneapolis, USA)
The Measured Productivity Disconnect
The Economics of Banking (3:30-4:30 pm) Room: DaVinci C Organizer(s): Jan Wenzelburger
Presenter Title
Helena Krebs (TU Kaiserslautern, Germany,
Double sided Bertrand competition with market-side
switching and default
Jan Wenzelburger (TU Kaiserslautern, Germany,
[email protected]) On the recapitalisation of banking systems
Wednesday, June 28th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Preferences and Decisions Room: Dali Organizer(s): Mamoru Kaneko, Chair: Jeffrey J. Kline
Presenter Title
Gerelt Tserenjigmid (Virginia Polytech Institute and State
University, USA, [email protected])
History-Dependent Risk Aversion and the
Reinforcement Effect
Nobuo Koida (Iwate Prefectural University, Japan,
Incomplete preferences and a unique subjective state
space
Matthew Kovach (Instituto Tecnológico Autónomo de México
and CIE, Mexico, [email protected])
Gerelt Tserenjigmid (Virginia Polytech Institute and State
University, USA)
The Imbalanced Luce model
Mamoru Kaneko (Waseda University, Japan,
Expected Utility Theory with Probability Grids and
Preferential Incomparabilities
Ambiguity in Games and Dynamic Decisions Room: Monet Organizer(s): Frank Riedel
Presenter Title
Ronald Stauber (Australian National University, Australia,
[email protected]) A Strategic Product for Belief Functions
Vassili Vergopoulos (Université Paris 1 Panthéon-Sorbonne,
France, [email protected])
Dynamically Consistent Preferences under Imprecise
Information
Frank Riedel (Bielefeld University, Germany, friedel@uni-
bielefeld.de) Purification of Ellsberg Equilibria
Current Trends in Economic Theory Room: Van Gogh Organizer(s): Willemien Kets
Presenter Title
Jakub Steiner (CERGE-EI, University of Edinburgh, Czech
Republic, [email protected]) On Memory Management
James Choy (University of Warwick, UK,
[email protected]) Adjudication Institutions and the Decline of Violence
Andrew Ellis (London School of Economics, UK,
[email protected]) A Regional Approach to Framing and Salience
Political Economy IV Room: Matisse Organizer(s): Francesco Squintani, Clara Ponsati and Amrita Dhillon
Presenter Title
Jan Zapál (Cerge-EI, Czech Republic, [email protected]) A Model of Focusing in Political Choice
Francesco Squintani (University of Warwick, UK,
[email protected]) Conspiration Networks
Wednesday, June 28th 5:00-7:00 pm Sessions
*****************************************************************************
International Capital Flows Room: DaVinci A Organizer(s): Timothy J. Kehoe
Presenter Title
Joao Ayres (University of Minnesota, USA,
[email protected]) Knowledge Flows and Dark Matter
Andrea Waddle (University of Richmond, USA,
Ellen McGrattan (University of Minnesota, USA)
The Impact of Brexit on Foreign Investment and
Production
Matt Delventhal (Universitat Autonoma de Barcelona and
Barcelona GSE, Spain, [email protected])
The Globe as a Network: Geography and the Origins
of the World Income Distribution
Hyunju Lee (University of Minnesota, USA,
[email protected]) Gross Capital Flows and International Diversification
Cities and Trade Room: DaVinci B Organizer(s): Costas Arkolakis
Presenter Title
Diego Puga (CEMFI, Spain, [email protected]) Urban growth and its aggregate implications
Kerem Cosar (University of Virginia, USA,
[email protected]) Trade, Merchants and Lost Cities of the Bronze Age
David Nagy (Centre de Recerca en Economia Internacional,
Spain, [email protected]) City Location and Economic Development
Sun Kyoung Lee (Columbia University, USA,
[email protected]) Rise of the Metropolis: Lessons from New York City
Ordered Spaces and Infinite-dimensional Economies Room: DaVinci C Organizer(s): Achille Basile and Ioannis Polyrakis
Presenter Title
Bogdan Klishchuk (Australian National University, Australia,
Rabee Tourky (Australian National University, Australia)
Seeming Genericity of Fully Revealing Equilibrium
Pricing
Ioannis Polyrakis (National Technical University of Athens,
Greece, [email protected]) Geometry of cones and general equilibrium theory
Niccolo Urbinati (Università Federico II, Italy,
Lyapunov’s theorem for finitely additive vector
measures
Francesco Ruscitti (John Cabot University, Italy,
[email protected]) Cones and arbitrage pricing
Wednesday, June 28th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Axiomatics of Temporal Preferences Room: Dali Organizer(s): Jean-Pierre Drugeon
Presenter Title
Daniele Pennesi (University of Bologna, Italy,
[email protected]) Intertemporal Discrete Choice
Matthew Ryan (Auckland University of Technology, New
Zealand, [email protected])
Nina Anchugina (University of Auckland, New Zealand)
Arkadii Slinko (University of Auckland, New Zealand)
Aggregating Time Preferences with Decreasing
Impatience
Kirsten I.M. Rohde (Erasmus School of Economics, Erasmus
University Rotterdam, The Netherlands, [email protected])
Drazen Pelec (MIT, USA)
Dual Exponential Weighting - Impatience and
Patience within a Single Decision Maker
Jean-Pierre Drugeon (PSE-CNRS, France,
Thai Ha-Huy (University of Evry, France)
A not so Myopic Axiomatization of Discounting
Discontinuous Games Room: Monet Organizer(s): Guillherme Carmona
Presenter Title
Blake Allison (Emory University, USA, [email protected])
Adib Bagh (University of Kentucky, USA)
Jason Lepore (California Polytechnic State University, USA)
Invariant Equilibria and Classes of Equivalent Games
Vincenzo Scalzo (University of Naples Federico II, Italy,
Weak equilibria of qualitative games and applications
to exchange economies
Guilherme Carmona (University of Surrey, UK,
On the Existence of Limit Admissible Equilibria in
Discontinuous Games
Konrad Podczeck (Universitat Wien, Austria,
Guillherme Carmona (University of Surrey, UK)
Invariance of the equilibrium set of games with an
endogenous sharing rule
Quantitative Macroeconomics Room: Van Gogh Organizer(s): Selo Imrohoroglu
Presenter Title
Nuray Akin (Ozyegin University, Turkey,
B. Platt (, Australia)
Search Equilibrium Transition Dynamics
Gary Hansen (University of California, Los Angeles, USA,
Elena Capatina (University of New South Wales, Australia)
Minchung Hsu (GRIPS, Japan)
Reforming Medicaid Long Term Care Insurance
Elena Capatina (University of New South Wales, Australia,
Michael Keane (University of Oxford, UK)
Shiko Maruyama (University of Technology Sydney, Australia)
Health, Earnings Dynamics and Consumption over the
Life Cycle
Selo Imrohoroglu (University of Southern California, Marshall
School of Business, USA, [email protected])
Shinichi Nishiyamai (Lancaster University,UK)
Social Security Actuarial Balance in General
Equilibrium
Wednesday, June 28th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Political Economy IV Room: Matisse Organizer(s): Luis Carlos Corchón
Presenter Title
Michele Rosenberg (Universidad Carlos III de Madrid, Spain,
Multinational Companies and the Political Edconomy
of Natural Resources
Federico Masera (Universidad Carlos III de Madrid and
Université Paris-Dauphine, Spain and France,
Crime and Suburbanization
Timothy Yeung (Université Paris-Dauphine, France,
Relationship between Political Values and Religiosity:
Evidence from Google Trends
Marco Le Moglie (Bocconi University, Italy,
[email protected]) Mafia Inc.: When Godfathers Become Entrepreneurs
THURSDAY, JUNE 29
Thursday, June 29th 9:30-11:30 am Sessions
*****************************************************************************
Macroeconomic Dynamics I Room: DaVinci A Organizer(s): Alain Venditti
Presenter Title
David Desmarchelier (University of Lorraine, BETA, France,
Stefano Bosi (EPEE, University of Evry, France)
A simple method to study local bifurcations of three
and four-dimensional systems: characterizations and
economic applications
Lise Clain-Chamosset-Yvrard (University of Lyon, GATE,
France, [email protected])
Thomas Seegmuller (AMSE, AMU-CNRS, France)
Altruism, Inheritance & Bubbles
Bertrand Wigniolle (University of Paris 1 Panthéon-Sorbonne,
PSE, France, [email protected])
Ilya Eryzhenskiy (University of Paris 1 Panthéon-Sorbonne,
France)
Endogenous debt contraints and rational bubbles in
an OLG growth model
Alain Venditti (AMSE, AMU-CNRS, France,
Frédéric Dufourt (AMSE, AMU-CNRS, France)
Kazuo Nishimura (Kobe University, Japan)
On sunspot fluctuations in one and two sector infinite
horizon models with increasing returns
Applied Macroeconomic Theory Room: DaVinci B Organizer(s): Timothy J. Kehoe
Presenter Title
Bettina Brueggemann (McMaster University, Canada,
[email protected]) Higher Taxes at the Top: The Role of Entrepreneurs
Alejandro C. Garcia-Cintado (Universidad Pablo de Olavide,
Spain, [email protected])
Celso J. Costa Junior (niversidade Estadual de Ponta Grossa
and Fundação Getúlio Vargas, Brazil)
Carlos Usabiaga (Universidad Pablo de Olavide, Spain)
Fiscal Adjustments and the Shadow Economy in an
Emerging Market
Aubhik Khan (Ohio State University, USA, mail@aubhik-
khan.net)
Large Recessions in an Overlapping Generations with
Unemployment Risk
Joaquin Naval (Universitat de Girona, Spain,
Jose I. Silva (Universitat de Girona, Spain)
Javier Vazquez-Grenno (Universitat de Barcelona, Spain)
Employment Effects of On-the-Job Human Capital
Acquisition
Thursday, June 29th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Information Frictions and Markets Room: DaVinci C Organizer(s): Santanu Roy
Presenter Title
Daniel Garcia (University of Vienna, Austria,
[email protected]) Dynamic Pricing with Search Frictions
Ayca Kaya (University of Miami, USA, [email protected])
Ilwoo Hwang (University of Miami, USA)
Doruk Cetemen (University of Rochester , USA)
Uncertainty-driven Cooperation
Tim Worrall (University of Edinburgh, UK,
Alessia Russo (University of Oslo, Norway)
Francesco Lancia (University of Vienna, Austria)
Sustainable Intergenerational Insurance
Santanu Roy (Southern Methodist University, USA,
Maarten C.W. Janssen (University of Vienna, Austria, and
National Research University Higher School of Economics,
Russia)
Regulating False Disclosure
Matching Room: Dali Organizer(s): Onur Kesten, Chair: Alex Teytelboym
Presenter Title
Yuqing Hu (University of Southern California, USA,
From Sequential to Parallel Mechanism: Interactions
of Centralized College Recruitment and Early
Admission
Siqi Pan (Ohio State University, USA, [email protected]) The instability of matching with overconfident agents:
Laboratory and Field Investigations
Alex Teytelboym (University of Oxford, UK,
[email protected]) Refugee Resettlement
James Schummer (Northwestern University, USA,
[email protected]) Influencing Waiting Lists
Cooperative Games Room: Monet Organizer(s): Michel Grabisch
Presenter Title
Stéphane Gonzalez (Université Jean Monnet, France,
Alain Marciano (LAMETA, France)
Philippe Solal (Université Jean Monnet, France)
The social cost problem, rights and the (non)empty
core
André Casajus (HHL Leipzig Graduate School of Management,
Germany, [email protected])
Koji Yokote (Waseda University, Japan)
Weakly differentially monotonic solutions for
cooperative games
José Manuel Zarzuelo (University of the Basque Country,
Spain, [email protected])
M. Josune Albizuri (University of the Basque Country, Spain)
Least square approach on discrete cost allocation
problems
Peter Sudhölter (University of Southern Denmark, Denmark,
Michel Grabisch (University Paris I, Paris School of
Economics, France)
Characterization of TU games with stable cores by
nested balancedness
Thursday, June 29th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Topics in Mechanism Design Room: Van Gogh Organizer(s): Myrna Wooders
Presenter Title
Tilman Börgers (University of Michigan, USA,
[email protected]) Simple Mechanisms
Diego Moreno (Universidad Carlos III de Madrid, Spain,
Avishay Aiche (University of Haifa, Israel)
Ezra Einy (Ben-Guiron University of Negev, Israel)
Ori Haimanko (Ben-Guiron University of Negev, Israel)
Aner Sela (Ben-Guiron University of Negev, Israel)
Benyamin Shitovitz (University of Haifa, Israel)
Information Advantage in Tullock Contests
Myrna Wooders (Vanderbilt University, USA,
Greg Leo (Vanderbilt University, USA)
Martin van der Linden (Vanderbilt University, USA)
Jian Lou (Vanderbilt University, USA)
Eugene Vorobeychik (Vanderbilt University, USA)
Matching Soulmates
Financial Markets Room: Matisse Organizer(s): Piero Gottardi
Presenter Title
Vitor Farinha Luz (University of British Columbia, Canada,
Piero Gottardi (European University Institute, Italy)
Humberto Moreira (Fundacao Getulio Vargas, Brazil)
Multidimensional competitive insurance
Jaime Luque (University of Wisconsin-Madison, USA,
The Repo Channel of Cross-Border Lending in the
European Sovereign Debt Crisis
Vincent Maurin (Stockholm School of Economics, Sweden,
[email protected]) Liquidity Fluctuations in OTC markets
Piero Gottardi (European University Institute, Italy,
Sarah Auster (Bocconi University, Italy)
Competing Mechanisms in Markets for Lemons
Thursday, June 29th 2:30-4:30 pm Sessions
*****************************************************************************
Macroeconomic Dynamics II Room: DaVinci A Organizer(s): Alain Venditti
Presenter Title
Mauro Bambi (University of York, UK,
Siritas Kettanurak (University of York, UK, Portugal)
Procyclical endogenous taxation and aggregate
instability
Leonor Modesto (Catolica Lisbon School of Business and
Economics, Portugal, [email protected])
Nicolas Abad (Catolica Lisbon School of Business and
Economics, Portugal)
Teresa Lloyd-Braga (Catolica Lisbon School of Business and
Economics, Portugal)
The perils of stabilization policies
Ngoc-Sang Pham (Montpellier Business School, France,
Stefano Bosi (EPEE, University of Evry, France)
Cuong Le Van (PSE, France)
Intertemporal equilibrium with heterogeneous agents,
endogenous dividends and collateral constraints
Daria Onori (University of Orléans, LEO, France,
Antoine Le Riche (Sichuan University, China)
Francesco Magris (University of Tours, LEO, France)
Monetary rules in a two-sector endogenous growth
model with cash-in-advance constraint
Sovereign Debt Room: DaVinci B Organizer(s): Timothy J. Kehoe
Presenter Title
Radek Paluszynski (University of Houston, USA,
[email protected]) Learning about Debt Crises
Laura Sunder-Plassmann (University of Copenhagen,
Denmark, [email protected])
Bank Exposure to Sovereign Debt: Amplifier of Crisis
Risk?
Benedetto Molinari (Universidad de Málaga, Spain,
Gonzalo Fernández de Córdoba (Universidad de Málaga,
Spain)
Jose L. Torres (Universidad de Málaga, Spain)
Evaluation of the Greek 2010 Memorandum of
Understanding
Georgios Stefanidis (University of Minnesota and Federal
Reserve Bank of Minneapolis, USA, [email protected])
Consequences of the Lending-into-Arrears IMF Policy
Shift
Thursday, June 29th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Household Finance Room: DaVinci C Organizer(s): Constantine Yannelis
Presenter Title
Markus Baldauf (University of British Columbia, Canada,
Joshua Mollner (Northwestern University – Kellogg School of
Management, USA)
Trading in Fragmented Markets
Martin Szydlowski (University of Minnesota, USA,
Briana Chang (University of Wisconsin-Madison, USA)
The Market for Conflicted Advice
Ji Yan (University of Oxford, UK, [email protected])
Dimitrios P. Tsomocos (University of Oxford, UK) Mortgage, Financial Intermediation and Optimism
Constantine Yannelis (New York University Stern School of
Business, USA, [email protected]) Strategic Default on Student Loans
Matching Theory and Market Design I Room: Dali Organizer(s): Fuhito Kojima, Chair: Peter Troyan
Presenter Title
Guillaume Haeringer (Baruch College, USA,
Vincent Iehlé (University of Rouen, France)
Gradual College Admission
Roberto Burguet (Barcelona GSE, Spain; University of Central
Florida, USA, [email protected])
Ramon Caminal (Barcelona GSE, Spain)
Coalitional Bargaining with Consistent
Counterfactuals
Peter Troyan (University of Virginia, USA,
[email protected]) Efficient and Essentially Stable Assignments
Game Theory and Competition Room: Monet Organizer(s): Walter Trockel, Chair: Patrick Beißner
Presenter Title
Emma Moreno-Garcia (Universidad de Salamanca, Spain,
Javier Hervés-Estévez (Universidad de Vigo, Spain)
On bargaining sets for finite economies
Patrick Beißner (Bielefeld University, Germany,
Frank Riedel (Bielefeld University, Germany)
Equilibria and Knightian Price Uncertainty
Walter Trockel (Bielefeld University, Germany,
Cheng-Zhong Qin (University of California, Santa Barbara,
USA)
Competitive Payoffs in Coalitional Markets
Michael Zierhut (Institute of Financial Economics, Humboldt
University, Germany, [email protected])
Indeterminacy of Cournot-Walras Equilibrium with
Incomplete Markets
Thursday, June 29th 2:30-4:30 pm Sessions (Continued)
*****************************************************************************
Mechanism Design and Monetary Theory Room: Van Gogh Organizer(s): Tai-Wei Hu, Chair: Ines Barreda
Presenter Title
Nima Haghpanah (Penn State University, USA,
Optimal Auctions for Correlated Bidders with
Sampling
Kaustav Das (University of Exeter, UK, [email protected]) The Role of Heterogeneity in a Model of Strategic
Experimentation
Ines Moreno de Barreda (Oxford University, UK,
[email protected]) Effective Signal-jamming
Dila Asfuroglu (Cologne Graduate School, Germany,
[email protected]) On the Impacts of Anticipated Inflation
Diffusion, Growth and Trade Room: Matisse Organizer(s): Costas Arkolakis
Presenter Title
Kamran Bilir (University of Wisconsin - Madison, USA,
[email protected]) The Spatial Diffusion of Knowledge
Felix Tintelnot (University of Chicago, USA,
Ken Kikkawa (University of Chicago, USA)
Magne Mogstad (University of Chicago, USA)
Emmanuel Dhyne (National Bank of Belgium, Belgium)
Trade and Domestic Production Networks
Fabian Eckert (Yale University, USA, [email protected]) Spatial Structural Change
Thursday, June 29th 5:00-7:00 pm Sessions
*****************************************************************************
Topics in Microeconomics Room: DaVinci A Organizer(s): Rabah Amir
Presenter Title
Paul Milgrom (Stanford University, USA,
Kevin Leyton-Brown (University of British Columbia, Canada)
Ilya Segal (Stanford University, USA)
The Economics and Computer Science of a Radio
Spectrum Reallocation
Katarzyna Werner (Manchester Metropolitan University, UK,
On Environmental Regulation of Oligopoly Markets:
Emission versus Performance Standards
Iryna Topolyan (University of Cincinnati, USA,
[email protected] [email protected])
Price competition when three are few and four are
many
Colin Rowat (University of Birmingham, UK,
Florian Wagener (University of Amsterdam, The Netherlands)
Symmetry-breaking in linear-quadratic differential
games
Thursday, June 29th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Information and Incentives Room: DaVinci B Organizer(s): Claudio Mezzetti
Presenter Title
Humberto Moreira (Fundacao Getulio Vargas, Brazil,
[email protected]) Robust Mechanism Design
V. Bhaskar (University of Texas, USA,
Caroline Thomas (University of Texas, USA)
The Design of Credit Information Systems
Sinem Hidir (University of Warwick, UK,
[email protected]) Information Acquisition and Credibility
Claudio Mezzetti (University of Queensland, Australia,
Information Acquisition, Bargaining and
Intermediation
Financial Intermediation and Macro II Room: DaVinci C Organizer(s): Igor Livshits
Presenter Title
Igor Livshits (University of Western Ontario, Canada,
Florian Exler (University of Mannheim, Germany)
James MacGee (University of Western Ontario, Canada)
Michele Tertilt (University of Mannheim, Germany)
Regulation of Consumer Credit with Over-Optimistic
Borrowers
Andy Glover (University of Texas, Austin, USA,
Dean Corbae (University of Wisconsin, USA)
Employer Credit Checks: Poverty Traps versus
Matching Efficiency
Kyle Herkenhoff (University of Minnesota, USA,
Guido Menzio (University of Pennsylvania, USA)
Jeremy Lise (University of Minnesota, USA)
Knowledge diffusion within and across firms
Matching Theory and Market Design II Room: Dali Organizer(s): Fuhito Kojima, Chair: Inacio Bo
Presenter Title
Romans Pancs (Instituto Tecnológico Autónomo de México,
Mexico, [email protected])
Patrick Harless (University of Glasgow, UK)
A Social-Status Rationale for Repugnant and
Protected Market Transactions
Tong Wang (University of Chicago, USA,
[email protected]) A Welfare Comparison of School Choice Mechanisms
Inacio Bo (Berlin Social Science Center, Germany,
Rustamdjan Hakimov (Berlin Social Science Center, Germany)
The Iterative Deferred Acceptance Mechanism
Thursday, June 29th 5:00-7:00 pm Sessions (Continued)
*****************************************************************************
Finance and Decision Room: Monet Organizer(s): Alain Chateauneuf and Bernard Cornet, Chair: Bernard Cornet
Presenter Title
Nicholas Yannelis (University of Iowa, USA,
[email protected]) Modeling asymmetric information
Jean-Philippe Lefort (Université Paris Dauphine, France,
Adam Dominiak (Virginia Tech, USA)
Ambiguity and Probabilistic Information
Marcus Pivato (Trent University, Canada,
Vassili Vergopoulos (PSE, France)
Subjective expected utility representations for Savage
preferences on topological spaces
Bernard Cornet (PSE-University of Paris I & University of
Kansas, France and USA, [email protected])
Alain Chateauneuf (PSE-University of Paris I, France)
Financial markets with hedging complements
Communication and Persuasion Room: Van Gogh Organizer(s): Andy Zapechelnyuk
Presenter Title
Ricardo Alonso (London School of Economics, UK,
Odilon Camara (University of Southern California, USA)
On the value of persuasion by experts
Anton Kolotilin (University of New South Wales, Australia,
Hongyi Li (University of New South Wales, Australia)
Relational Communication
Alex Smolin (University of Bonn, Germany,
[email protected]) Disclosure and Pricing of Attributes
Jack Stecher (Carnegie Mellon University, USA,
Michael Ebert (University of Paderborn, Germany)
Joseph B. Kadane (Carnegie Mellon University, USA)
Dirk Simons (University of Mannheim, Germany)
Disclosure and Rollover Risk
Firms, Workers and Trade Room: Matisse Organizer(s): Costas Arkolakis
Presenter Title
Treb Allen (Dartmouth College, USA, [email protected])
Dave Donaldson (MIT, USA) Geography and Path Dependence
Costas Arkolakis (Yale University, USA,
Treb Allen (Dartmouth College, USA)
The Welfare Effects of Transportation Infrastructure
Improvements
Federico Esposito (Tufts University, USA,
Entrepreneurial Risk and Diversification through
Trade
Alessandra Gonzalez (University of Chicago, USA,
Do Foreign Firms Change Culture? Evidence from
Female Executives and Firms in the Gulf Cooperation
Council
FRIDAY, JUNE 30
Friday, June 30th 9:30-11:30 am Sessions
*****************************************************************************
Recent Advances in Economic Theory Room: DaVinci A Organizer(s): Amanda Friedenberg, Chair: Laura Doval
Presenter Title
Chen Zhao (Princeton University, USA,
[email protected]) Pseudo-Bayesian Updating
John Rehbeck (University of California, San Diego, USA,
Roy Allen (University of California, San Diego, USA)
Revealed Preference Analysis of Characteristics in
Discrete Choice
Allan Roberto Hernández-Chanto (Arizona State University,
USA, [email protected])
Centralized Assignment of Students to Majors:
Evidence from the University of Costa Rica
Jiangtao (Jason) Li (University of New South Wales, Australia,
Yi-Chun Chen (National University of Singapore, Singapore)
Wei He (Chinese University of Hong Kong, Hong Kong)
Yeneng Sun (National University of Singapore, Singapore)
Equivalence of Stochastic and Deterministic
Mechanisms
Topics in Financial Economics Room: DaVinci B Organizer(s): Edward Simpson Prescott
Presenter Title
Takeshi Nakata (Niigata University, Japan,
[email protected]) Bank Runs and Sovereign Debt Defaults
Yaron Leitner (Federal Reserve Bank of Philadelphia, USA,
Basil Williams (New York University , USA)
Should regulators reveal their stress-testing models to
bank?
Christoph Siemroth (University of Essex, UK,
Hans Peter Grüner (University of Mannheim, Germany)
Crowdfunding, Efficiency, and Inequality
Edward Simpson Prescott (Federal Reserve Bank of
Cleveland, USA, [email protected]) Stress Test Reporting Incentives
Complementarities and Games Room: DaVinci C Organizer(s): Kevin Reffett and Lukasz Wozny, Chair: Lukasz Wozny
Presenter Title
Simone Galperti (University of California, San Diego, USA,
Isabel Trevino (University of California, San Diego, USA)
Coordination, competition for attention, and
information supply
Lukasz Balbus (University of Zielona Gora, Poland,
Markov perfect equilibria in altruistic OLG models
with paternalistic and nonpaternalistic features
Lukasz Wozny (Warsaw School of Economics, Poland,
Lukasz Balbus (University of Zielona Gora, Poland)
Pawel Dziewulski (University of Oxford, UK)
Kevin Reffett (Arizona State University, USA)
Markov equilibria in dynamic supermodular
economies with a measure space of players
Friday, June 30th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Games and Markets Room: Dali Organizer(s): Leonidas Koutsougeras
Presenter Title
Yukinori Iwata (Nishogakusha University, Japan, y-
[email protected]) Nomination, Rationality, and Collective Choice
Nicholas Ziros (University of Cyprus, Cyprus, [email protected]) Vote Trading under Complete Information
Fei Xu (University of Manchester, UK,
Corruption Decisions and Failure of the Bribery
Market
Luciana Nicollier (University of Manchester, UK,
[email protected]) Buying Information from Consumers
Dynamic Games and Reputation Room: Monet Organizer(s): Johannes Hörner
Presenter Title
Chiara Margaria (Yale University, USA,
[email protected]) Queueing to Learn
Chantal Marlats ( Laboratoire d'économie mathématique et de
microéconomie appliquée (LEMMA), France,
Reputation effects in stochastic games with two long
lived players
Anna Sanktjohanser (University of Oxford, UK,
[email protected]) Optimally Stubborn
Caroline Thomas (University of Texas at Austin, USA,
Career Concerns and Policy Intransigence – A
Dynamic Signalling Model
Equilibrium, Ambiguity and Externalities Room: Van Gogh Organizer(s): Maria Gabriella Graziano and Vincenzo Platino, Chair: Maria Gabriella Graziano
Presenter Title
Giuseppe De Marco (University of Naples Parthenope, Italy,
Ambiguous Games without a State Space and Full
Rationality
Robert Routledge (University of Liverpool, UK,
[email protected]) Information, Ambiguity and Price Equilibrium
Carlos Hervés-Beloso (Universidad de Vigo, Spain,
Emma Moreno-García (Universidad de Salamanca, Spain)
On Coase Theorem within a general equilibrium
framework
Vincenzo Platino (University of Naples Federico II, Italy,
Elena del Mercato (Paris School of Economics, France)
On the regularity of smooth production economies
with externalities: Competitive equilibrium à la Nash
Friday, June 30th 9:30-11:30 am Sessions (Continued)
*****************************************************************************
Topics in Economic Theory II Room: Matisse Organizer(s): Philippe Bich
Presenter Title
Sebastián Andrés Cea Echenique (University Paris 1 Panthéon
Sorbonne, France, [email protected])
Alejandra Marinkovic (Universidad Adolfo Ibáñez, Chile)
Common Beliefs and Welfare: Opposite Beliefs can
Share a Similar Result
Rabah Amir (University of Iowa, USA, rabah-
Luciano De Castro (University of Iowa, USA)
Nash Equilibrium in Games with Quasi-Monotonic
Best-Responses
Luciano De Castro (University of Iowa, USA, luciano-
[email protected]) Dynamic optimization with quantile utility
Philippe Bich (University Paris 1 Panthéon Sorbonne, France,
Lisa Morhaim (University Paris 2 Assas, France)
On the existence of a pairwise stable weighted
network
Friday, June 30th 2:30-4:30 pm Sessions
*****************************************************************************
Topics in Economic Theory & Industrial Organization Room: DaVinci A Organizer(s): Marta Faias
Presenter Title
Gonçalo Faria (Universidade Católica Portuguesa – Católica
Porto Business School and GEGE, Portugal,
Fabio Verona (Bank of Finland - Monetary Policy and Research
Department, Finland)
The equity risk premium and the low frequency of the
term spread
Marta Faias (Universidade Nova de Lisboa, Portugal,
Jaime Luque (University of Wisconsin-Madison, USA)
Commercial Real Estate Development, Investments,
and Taxes
Milena Almagro-García (New York University, USA,
A. Lizzeri (New York University, USA)
G. Frechette (New York University, USA)
T. Salz (Columbia University, USA)
Heterogeneity in Decision Making: Evidence from the
NYC Taxi Industry
Friday, June 30th 2:30-4:30 pm Sessions (Continued)
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Topics in Macroeconomics IV Room: DaVinci B Organizer(s): Igor Livshits
Presenter Title
Lukasz Drozd (Federal Reserve Bank of Philadelphia, USA,
Rahul Giri (International Monetary Fund, USA)
Junjie Xia (University of Southern California, USA)
Accounting for the Slow Growth of New Exporters
Ricardo Serrano-Padial (Drexel University, USA,
Lukasz Drozd (Federal Reserve Bank of Philadelphia, USA)
Credit Enforcement Cycles
Marina Mendes Tavares (ITAM, Mexico,
Jose-Maria Da-Rocha (Universidade de Vigo, Spain)
Diego Restuccia (University of Toronto, Canada)
Policy Distortions and Aggregate Productivity with
Endogenous Establishment-Level Productivity
Jacob Short (University of Western Ontario, Canada,
Andy Glover (University of Texas, USA)
Can Capital Deepening Explain the Global Decline in
Labor's Share?
Topics in Game Theory III Room: DaVinci C Organizer(s): Richard P. McLean
Presenter Title
Oriol Carbonell-Nicolau (Rutgers University, USA, carbonell-
Equilibria in Infinite Games of Incomplete
Information
Metin Uyanik (Queesland University, Australia,
M. Ali Khan (Johns Hopkins University, USA)
Topological Connectedness and Behavioral
Assumptions on Preferences: A Two-Way Relationship
M. Ali Khan (Johns Hopkins University, USA, [email protected])
Patrick Beißner (Bielefeld University, Germany)
On Hurwicz-Nash Equilibria of Non-Bayesian Games
under Incomplete Information
Richard P. McLean (Rutgers University, USA,
Oriol Carbonell-Nicolau (Rutgers University, USA)
On the Existence of Equilibrium in Bayesian Games
with Correlated Types
Friday, June 30th 2:30-4:30 pm Sessions (Continued)
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Game Theory and Applications Room: Dali Organizer(s): Klaus Ritzberger
Presenter Title
David Kelsey (University of Exeter, UK,
Jürgen Eichberger (Heidelberg University, Germany)
Simon Grant (Australian National University, Australia)
Ambiguity and the Centipede Game: Strategic
Uncertainty in Multi-Stage Games
Martin Meier (Institute for Advanced Studies, Austria,
Larry Blume (Cornell University, USA)
Perfect Quasi-Perfect Equilibrium
Renato Soeiro (LIAAD-INESC and University of Porto,
Portugal, [email protected])
Alberto A. Pinto (Univ. Porto and LIAAD-INESC TEC,
Portugal)
Duopolies with Social Externalities
Klaus Ritzberger (Royal Holloway, University of London, UK,
Thomas P. Gehrig (University of Vienna, Austria)
Intermediation with Price Competition
Dynamic Programming Room: Monet Organizer(s): Juan Pablo Rincón-Zapatero
Presenter Title
Martin Dumav (Universidad Carlos III de Madrid, Spain,
Continuous-Time Contracting with Ambiguous
Perceptions
Anna Jaskiewicz (Wrocław University of Science and
Technology, Poland, [email protected])
Lukasz Balbus (University of Zielona Góra, Poland)
Andrzej S. Nowak (University of Zielona Góra, Poland)
Markov Perfect Equilibria in a Dynamic Decision
Model with Quasi-hyperbolic Discounting
Juan Pablo Rincon-Zapatero (Universidad Carlos III de
Madrid, Spain, [email protected])
A Contraction-Mapping Proof of Differentiability of
the Value Function in Concave Dynamic
Programming without Interiority Assumptions
Updating in the Presence of Ambiguous Beliefs Room: Van Gogh Organizer(s): Maxwell B. Stinchcombe
Presenter Title
Swagata Bhattacharjee (Ashoka University, India,
[email protected]) Contracting for Innovation under Ambiguity
Filippo Massari (University of New South Wales, Australia,
Massimo Marinacci (Bocconi University, Italy)
Learning from ambiguous and misspecified models
Simone Cerreia Vioglio (Bocconi University, Italy,
[email protected]) Robust Mean Variance Approximations
Maxwell B. Stinchcombe (University of Texas at Austin, USA,
Uncertainty Aversion, Intellectual Modesty, and Open-
Mindedness
Friday, June 30th 2:30-4:30 pm Sessions (Continued)
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General Equilibrium, Bankruptcy and Taxes Room: Matisse Organizer(s): Aloisio Araujo and Juan Pablo Gama
Presenter Title
Aloisio Araujo (IMPA, FGV-EPGE, Brazil, [email protected])
Mauricio Villalba (IMPA, Brazil)
Regulating Bankruptcy and Arrow Debreu
Equilibrium
Juan Pablo Gama (IMPA, Brazil, [email protected])
Aloisio Araujo (IMPA, FGV-EPGE, Brazil)
Alain Chateauneuf (IPAG Business School and Paris School of
Economics, Université de Paris I, France)
Rodrigo Novinski (Faculdades Ibmec-RJ, Brazil)
General equilibrium with uncertainty seeking
preferences
J. Mauricio Villalba (IMPA, Brazil, [email protected]) Bankruptcy Equilibrium: Efficiency and Contagion
Friday, June 30th 5:00-7:00 pm Sessions
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Decision Theory II Room: DaVinci A Organizer(s): Simone Cerreia Vioglio
Presenter Title
Shaowei Ke (University of Michigan, USA,
[email protected]) Randomization and Ambiguity Aversion
Stefania Minardi (HEC Paris, France, [email protected])
Itzhak Gilboa (Tel Aviv University and HEC, Paris, France)
Larry Samuelson (Yale University, USA)
Cases and Scenarios in Decisions under Uncertainty
Collin B. Raymond (Purdue University, USA,
[email protected]) Payoff Belief Separable Preferences
Ana Carolina Santos (Insper, Brazil,
José Heleno Faro (Insper, Brazil)
Updating variational (Bewley) preferences