13TH SAET CONFERENCE
13th SAET Conference on Current Trends in Economics MINES ParisTech July 22-27, 2013 CONTENTS
Welcome ...... 1 Conference Information ...... 1 Program Committee ...... 2 Local Organizing Committee ...... 3 Session Organizers ...... 3 Maps & Local Information ...... 8 Restaurants & Locations ...... 10 Timetable ...... 12 Plenary Session Details ...... 22 Parallel Session Details ...... 23 WELCOME
On behalf of the Society for the Advancement of Economic Theory, we are pleased to welcome you in Paris on the occasion of the 13th SAET Conference. We wish to express gratitude to the various institutions that made this conference possible: first and foremost, to Mines ParisTech for their wonderful hospitality, the Paris School of Economics, Université Paris 1 Panthéon-Sorbonne, Sciences Po, the University of Iowa and the University of Manchester. Many thanks to the people who generously contributed to the success of this event, in particular, the members of the local organizing committee, the session organizers, the program committee and the help team. Special thanks to Renea Jay for her invaluable input along the process, to Elisabeth Baysal for coordination with Mines ParisTech, to Pilar Calvo for her help with the administration of the help team and to Caroline Dutry and Oussama Lachiri for their help with the management of the operations. We hope you enjoy the conference and we wish you a pleasant stay in Paris.
Bernard Cornet, Alfred Galichon and Nicholas Yannelis Co-Chairs, Organizing Committee
CONFERENCE INFORMATION
Name badges and conference programs are available in room L112. Internet Access Eduroam Wireless Network Ecole des Mines is a participating institution of the Eduroam wireless network. If you already have eduroam set up on your computer at your home institution, you can use it to access the Internet during the conference. Select\eduroam” from your list of wireless networks and connect according to your computer configuration. If you requested internet access in advance, you will receive the log-in information at the conference check-in.
1 PROGRAM COMMITTEE Allen, Beth (University of Minnesota, [email protected]) Amir, Rabah (University of Iowa, [email protected]) Araujo, Aloisio (Instituto Nacional de Matemática Pura e Aplicada, Brazil, [email protected]) Basile, Achille (University of Naples Federico II, Italy, [email protected]) Bonnisseau, Jean-Marc (PSE-University of Paris I, [email protected]) Chateauneuf, Alain (PSE-University of Paris I, [email protected]) Chernozhukov, Victor (Massachusetts Institute of Technology, [email protected]) Cornet, Bernard (PSE-University of Paris I & University of Kansas, Bernard.Cornet@univ-paris1. fr) — Co-Chair d’Aspremont, Claude (Universite Catholique de Louvain, Belgium, claude.daspremont@ uclouvain.be) Dana, Rose-Anne (University Paris-Dauphine, [email protected]) Ekeland, Ivar (University Paris-Dauphine, [email protected]) Galichon, Alfred (SciencesPo Paris, [email protected]) — Co-Chair Herves-Beloso, Carlos (University of Vigo, Spain, [email protected]) Horner, Johannes (Yale University, [email protected]) Kaneko, Mamoru (University of Tsukuba, Japan, [email protected]) Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, tkehoe@ umn.edu) Kovenock, Dan (Chapman University and University of Iowa, [email protected]) Kubler, Felix (The University of Mannheim, Germany, [email protected]) Levine, David (Washington University-St. Louis, [email protected]) McLean, Richard (Rutgers University, [email protected]) Monteiro, Paulo (FGV, Brazil, [email protected]) Palfrey, Thomas (California Institute of Technology,[email protected] ) Pascoa, Mario (University of Surrey, UK, [email protected]) Plott, Charles (California Institute of Technology,[email protected] ) Polemarchakis, Herakles (University of Warwick, UK, [email protected]) Prescott, Edward C. (Arizona State University, [email protected]) Quinzii, Martine (University of California-Davis, [email protected])
Riedel, Frank (Bielefeld University, Germany, [email protected]) Rochet, Jean Charles (University of Zurich, SFI and TSE, Switzerland, jean-charles .rochet@ bf.uzh.ch) Shannon, Chris (California Institute of Technology,[email protected] ) Squintani, Francesco (University of Warwick, UK, [email protected]) Sun, Yeneng (National University of Singapore, [email protected])
2 Trockel, Walter (Bielefeld University, Germany, [email protected]) Tsomocos, Dimitrios (University of Oxford, UK, [email protected]) Villamil, Anne (University of Illinois at Urbana-Champaign and University of Manchester, UK, [email protected]) Yannelis, Nicholas (University of Iowa and University of Manchester, UK, nicholas.yannelis@ gmail.com) — Co-Chair Wooders, Myrna (Vanderbilt University, [email protected]) Zame, William (UCLA, [email protected])
LOCAL ORGANIZING COMMITTEE Bich, Philippe (Paris School of Economics, [email protected]) Bojilov, Raicho (Ecole Polytechnique, France, [email protected]) Cornet, Bernard (PSE-University of Paris I & University of Kansas, [email protected]) Fleckinger, Pierre (Paris School of Economics, [email protected]) Galichon, Alfred (SciencesPo Paris, [email protected]) Hagenbach, Jeanne (Ecole Polytechnique, France, [email protected]) Lamy, Laurent (Paris School of Economics, [email protected]) Perez-Richet, Eduardo (Ecole Polytechnique, France, [email protected])
SESSION ORGANIZERS Allen, Beth (University of Minnesota, [email protected]) Allouch, Nizar (Queen Mary, University of London, UK, [email protected]) Alos-Ferrer, Carlos (University of Cologne, Germany, [email protected]) Amir, Rabah (University of Iowa, [email protected]) Arellano, Cristina (FRB Minneapolis, USA, [email protected]) Arkolakis, Costas (Yale University and Princeton University, [email protected]) Basile, Achille (University of Naples Federico II, Italy, [email protected]) Becker, Robert A. (Indiana University, [email protected]) Bisin, Alberto (New York University, [email protected]) Bloch, Francis (Ecole Polytechnique, France, [email protected]) Bonanno, Giacomo (UC-Davis, [email protected]) Bond, Eric W. (Vanderbilt University, [email protected]) Bonnisseau, Jean-Marc (PSE-University of Paris I, France, [email protected]) Bosker, Maarten (Erasmus University Rotterdam, The Netherlands, [email protected]) Boyarchenko, Svetlana (University of Texas-Austin, [email protected]) Burguet, Roberto (Institute for Economic Analysis-CSIC, and Barcelona GSE, Spain, roberto. [email protected]) Camera, Gabriele (University of Basel, Switzerland & Chapman University, gabriele.camera@ unibas.ch) 3 Carmona, Guilherme (University of Surrey, UK, [email protected]) Chakrabarti, Subir K. (Indiana University-Purdue University Indianapolis, [email protected]) Chateauneuf, Alain (PSE-University of Paris I, [email protected]) Chen, Yi-Chun (National University of Singapore, [email protected]) Chun, Youngsub (Seoul National University, Korea,[email protected] ) Citanna, Alessandro (Yeshiva University, [email protected]) Corchon, Luis (Carlos III University of Madrid, [email protected]) Cornet, Bernard (PSE-University of Paris I & University of Kansas, [email protected]) Correia-da-Silva, Joao (University of Porto, Portugal, [email protected]) d’Aspremont, Claude (Universite Catholique de Louvain, Belgium, claude.daspremont@uclouvain. be) Dana, Rose-Anne (University Paris-Dauphine, France, [email protected]) Davila, Julio (CORE - Univ. c. of Louvain and CES-CNRS, Belgium & France, julio.davila@univ- paris1.fr) Dupuy, Arnaud (CEPS/INSTEAD, Luxembourg, [email protected]) Echenique, Federico (California Institute of Technology,[email protected] ) Elliott, Matthew (California Institute of Technology,[email protected] m) Facchini, Giovanni (University of Nottingham, UK,[email protected]) Faias, Marta (Universidade Nova de Lisboa, Portugal, [email protected]) Faro, Jose Heleno (Insper Institute of Education and Research, Brazil, [email protected]) Fleckinger, Pierre (University of Paris I, France, [email protected]) Fleurbaey, Marc (Princeton University, [email protected]) Fujiwara-Greve, Takako (Keio University, Japan, [email protected]) Golub, Ben (MIT, USA, [email protected]) Gossner, Olivier (Paris School of Economics, France, [email protected]) Gottardi, Piero (European University Institute, Italy, [email protected]) Grabisch, Michel (University of Paris I, France, [email protected]) Grant, Simon (University of Queensland, Australia, [email protected]) Graziano, Maria Gabriella (University of Naples Federico II, Italy, [email protected]) Guo, Jang-Ting (University of California-Riverside, [email protected]) Hagenbach, Jeanne (Ecole Polytechnique, France, [email protected]) Haller, Hans (Virginia Tech, [email protected]) Henry, Marc (University of Montreal, Canada, [email protected]) Herings, Jean-Jacques (Maastricht University, The Netherlands, [email protected]) Hervés-Beloso, Carlos (University of Vigo, Spain, [email protected]) Hörner, Johannes (Yale University, USA, [email protected]) Hu, Tai-Wei (Northwestern University, USA, [email protected]) Imrohoroglu, Selahattin (University of Southern California, USA, [email protected]) 4 Kaas, Leo (University of Konstanz, Germany, [email protected]) Kamihigashi, Takashi (Kobe University, Japan, [email protected]) Kaneko, Mamoru (University of Tsukuba, Japan, [email protected]) Kaplan, Todd R. (University of Exeter, UK, [email protected]) Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis, USA [email protected]) Kesten, Onur (Carnegie Mellon University, [email protected]) Kets, Willemien (Northwestern University, [email protected]) Kovenock, Dan (Chapman University and University of Iowa, [email protected]) Krebs, Tom (University of Mannheim, Germany, [email protected]) Kubler, Felix (University of Mannheim, Germany, [email protected]) Lamy, Laurent (Paris School of Economics, [email protected]) Lebrun, Bernard (York University, Canada, [email protected]) Le Van, Cuong (University of Paris I, [email protected]) Levine, David K. (Washington University-St. Louis, [email protected]) Li, Duozhe (Chinese University of Hong Kong, Hong Kong, [email protected]) Livshits, Igor (University of Western Ontario, Canada, [email protected]) Luo, Xiao (National University of Singapore, Singapore [email protected]) Machina, Mark (University of California-San Diego, [email protected]) Magill, Michael (University of Southern California, [email protected]) Manelli, Alejandro (Arizona State University, [email protected]) Manzini, Paola (University of St Andrews, UK, [email protected]) Mariotti, Marco (University of St Andrews, UK, [email protected]) McLean, Richard (Rutgers University, [email protected]) Menezes, Flavio (University of Queensland, Australia, [email protected]) Moreno, Diego (University of Carlos III de Madrid, Spain, [email protected]) Moreno-García, Emma (Universidad de Salamanca, Spain, [email protected]) Nachbar, John (Washington University-St. Louis, [email protected]) Page, Frank (Indiana University, [email protected]) Palfrey, Thomas (California Institute of Technology,[email protected] ) Pascoa, Mario (University of Surrey, UK, [email protected]) Peiris, Udara (ICEF, NRU Higher School of Economics, Russia, [email protected]) Perez-Richet, Eduardo (Ecole Polytechnique, France, [email protected]) Podczeck, Konrad (Universitat Wien, Austria, [email protected]) Polemarchakis, Herakles (University of Warwick, UK, [email protected]) Polyrakis, Ioannis A. (National Technical University of Athens, Greece,[email protected] ) Prescott, Edward (Federal Reserve Bank-Richmond, [email protected])
5 Puzzello, Daniela (Indiana University, [email protected]) Qin, Cheng-Zhong (University of California-Santa Barbara & SDU, [email protected]) Quintin, Erwan (University of Wisconsin, [email protected]) Quinzii, Martine (University of California-Davis, [email protected]) Rath, Kali P. (University of Notre Dame, [email protected]) Reffett, Kevin (Arizona State University, [email protected]) Renou, Ludovic (University of Essex, UK, [email protected]) Riedel, Frank (Bielefeld University, Germany, [email protected]) Rincon-Zapatero, Juan Pablo (Universidad Carlos III de Madrid, Spain, [email protected]) Ritzberger, Klaus (Institute for Advanced Studies-Vienna, Austria, [email protected]) Roberson, Brian A. (Purdue University, [email protected]) Rostek, Marzena (University of Wisconsin, [email protected]) Rusinowska, Agnieszka (University of Paris I, [email protected]) Sandroni, Alvaro (Northwestern University, [email protected]) Scalzo, Vincenzo (University of Naples Federico II, Italy, [email protected]) Schlee, Edward (Arizona State University, [email protected]) Shannon, Chris (CalTech, [email protected]) Sher, Itai (University of Minnesota, [email protected]) Skreta, Vasiliki (New York University, [email protected]) Squintani, Francesco (University of Warwick, UK, [email protected]) Starr, Ross (University of California-San Diego, [email protected]) Stecher, Jack (Carnegie Mellon University, [email protected]) Sun, Yeneng (National University of Singapore, [email protected]) Taub, Bart (Durham University, UK, [email protected]) Temzelides, Ted (Rice University, [email protected]) Testa, Cecilia (University of London, UK, [email protected]) Tsomocos, Dimitrios (University of Oxford, UK, [email protected]) Turnovsky, Stephen (University of Washington, [email protected]) Tvede, Mich (Newcastle University, UK, [email protected]) Vardoulakis, Alexandros (European Central Bank, Germany, and Banque de France, alex. [email protected]) Villamil, Anne (University of Illinois at Urbana-Champaign and University of Manchester, UK, [email protected]) Villanacci, Antonio (University of Florence, Italy, [email protected]) Wang, Ping (Washington University-St Louis, [email protected]) Weber, Shlomo (Southern Methodist University & New Economic School, Russia, sweber@mail. smu.edu) Weill, Pierre-Olivier (UCLA, [email protected]) 6 Wen, Quan (Vanderbilt University, USA, [email protected]) Wettstein, David (Ben-Gurion University of the Negev, Israel, [email protected]) Willis, Jack (Harvard University, [email protected]) Wooders, John (University of Technology Sydney, Australia, [email protected]) Worrall, Timothy (University of Edinburgh, UK, [email protected]) Yannelis, Constantine (Stanford University, [email protected]) Yannelis, Nicholas C (University of Iowa and University of Manchester, UK, nicholas.yannelis@ gmail.com) Zank, Horst (University of Manchester, UK, [email protected]) Zhang, Yongchao (Shanghai University of Finance and Economics, China, [email protected]. edu.cn) Zuber, Stéphane (CNRS Paris, France, [email protected])
7 MAPS AND LOCAL INFORMATION
Public transportation in Paris: metropolitans, buses or RER trains. RER trains are slightly less frequent than metropolitans but faster. You’ll probably have to use RER trains as the conference venue is close to the RER • stop • Luxembourg and the conference diner is close to the RER stop Pont de l’Alma. The ticket you need to enter an RER train is the same as for a metro. The ticket you need to enter an RER train is required to go out of it. • Hotel• Marriott Rive Gauche is in the 14th arrondissement: 17 boulevard Saint- - Jacques. Metro stops: Denfert- - Rochereau, Saint- -Jacques, Glacière.
• From the hotel to the conference venue, two options: Walk from the hotel to the Denfert- -Rochereau metro station (6mins) and take the RER B train direction either Charles de Gaulle Airport or Mitry- -Claye: go out at Luxembourg (8mins). Walk from the hotel to the Glacière metro stop (2mins) and take the bus number 21 direction Saint-Lazare: go out at Luxembourg (15mins).
8 • The conference venue is the Ecole des MINES – Paris Tech in the 6th arrondissement: 60 boulevard Saint- -Michel. Metro stops: Luxembourg (right in front of the conference venue) or Rennes, Saint- - Placide, Vavin, Notre- -Dame- -des- -Champs (all four stops further away: 20mins walk).
• From the conference venue to the boarding place of the Bateau- -Mouche: Take the RER B from Luxembourg to Saint- -Michel Notre Dame (RER B direction either Charles de Gaulle Airport of Mitry- -Claye). At Saint- -Michel Notre Dame, take the RER C direction Pontoise: go out at Pont de l’Alma. Cross the bridge to board on the other side of the Seine (5mins walk).
9 RESTAURANTS & LOCATIONS
type Map Restaurant's Location Price Phone name
01 43 54 80 81 French 1 Le vin qui 4 rue des 24 €-42 € danse Fossés Saint Jacques
La Bastide 20 € -36 € 01 43 26 03 65 French 2 Odéon 7 rue Corneille
01 43 26 74 64 French 3 Le Renoir 38 rue de 27 €-44 € Vaugirard
Aux Deux 01 43 26 26 45 French 4 Oliviers 22 rue de Vaugirard
La Ferrandaise 8 rue de 34 €-55€ 01 43 26 36 36 French 5 Vaugirard 2 place de l' 26 €-62 € 01 43 26 02 30 French 6 La Odéon Méditerranée
Les Papilles 30 rue Gay- 33 €-69 € 01 43 25 20 79 French 7 Lussac
Marco Polo 8 rue de Condé 36 €-58 € 01 43 26 79 63 Italian 8
Compagnie de 9 rue de l'Ecole 16 €-54 € 01 43 29 39 00 French 9 Bretagne de Médecine Le Perraudin 157 Rue Saint 17 €-50 € 01 46 33 15 75 French A Jacques Casa Valentino 208 Rue Saint 20 € 01 56 24 05 74 Italian Jacques Les Fontaines 9 rue Soufflot 14 €-40 € 01 43 26 42 80 French B Le Cosi 9 rue Cujas 37 € 01 43 29 20 20 French C Dip's 62 rue 20 € 01 43 29 05 04 French D monsieur le Prince Le Mauzac 7 Rue de 01 46 33 75 22 French E l'Abbée de l'Epée Le Carré de 87 rue d'Assas 30€ 01 43 26 33 61 French F Marguerite Au port Salut 163 Bis rue 25€ 01 46 33 63 21 French G Saint Jacques Caméléon 6 rue 35€-90€ 01 43 27 43 27 French H d'Arabian Chevreuse Wadja 10 rue Grande 20€-50€ 01 46 33 02 02 French I chaumière 10 11 MONDAY, JULY 22, 2013
8:30-9:45 Registration (V126)
9:45-10:00 Opening Remarks (Elie de Beaumont Room 108/118)
Room V106a L102 V106b L106 L101 L105 108/118 L107 V107
Financial Disintermediation Decision, Behavioral Evolution and and Banking Labor Market Mathematical Competition Economics and Learning in Games 10:00-12:00 Session Stability Search Economics I Political Economy I Economics Behavioral Finance Dynamic Contests Trade Agreements and Markets Alexandros Kali Rath & Yeneng Organizer/Chair Vardoulakis Leo Kaas Sun Francesco Squintani Flavio Menezes Rose-Anne Dana Luis C. Corchon Eric Bond Carlos Alos-Ferrer Chair Kali Rath
12:00-12:30 Coffee Break (Espace Maurice Allais)
12:30-1:30 Aliprantis Prize Lecture-Takuo Sugaya (Stanford University) Chairs: Charles Plott & Nicholas Yannelis Elie de Beaumont Room (108/118) NOTE: if room is full, the session will be broadcasted in L109
1:30-2:30 Lunch Break
Room V106a L102 V106b L106 L101 L105 108/118 L107 V107
Epistemic Logic and International Trade New Directions in Inductive Game Mathematical Advances on Auctions and and Factor Mobility Financial Economics 2:30-4:30 Session Bargaining Theory Theory I Economics II Political Economy II Economic Theory Mechanism Design Graph Games I I Giovanni Facchini & Organizer/Chair Cheng-Zhong Qin Mamoru Kaneko Yeneng Sun Francesco Squintani Vasiliki Skreta Alejandro Manelli Jean-Jacques Herings Maarten Bosker Bernard Cornet Chair Maarten Bosker
4:30-5:00 Coffee Break (Espace Maurice Allais)
Room V106a L102 V106b L106 L101 L105 108/118 L107 V107
Financial Frictions Epistemic Logic and Corporate Finance: and International Trade OLG Economies with Inductive Game Contributions from Macroprudential and Factor Mobility 5:00-7:00 Session Credit Frictions Theory II Economic Theory Political Economy III Industry Dynamics Policy Auction Theory II Ambiguity Michael Magill & Giovanni Facchini & Mark Machina & Organizer/Chair Martine Quinzii Mamoru Kaneko Mario Pascoa Francesco Squintani Takashi Kamihigashi Udara Peiris Bernard Lebrun Maarten Bosker Nicholas Yannelis Chair Michael Magill Nobu-Yuki Suzuki Jaime Luque Giovanni Facchini Mark Machina TUESDAY, JULY 23, 2013
9:00-9:30 Registration (V126)
Room L106 V106b L105 V106a 108/118 L102 L101 V107 L107
Financial Frictions Mechanism Design Voting in Trade and Economic Auctions by and the Open and Distributive Topics in Game Committees and 9:30-11:30 Session Geography Informed Sellers Economy Contests I Justice Bargaining Theory I Theory I Optimal Taxation Elections Duozhe Li & Quan Yi-Chun Chen & Xiao Organizer/Chair Costas Arkolakis Vasiliki Skreta Udara Peiris Dan Kovenock Itai Sher Wen Luo Julio Dávila Thomas Palfrey Chair Treb Allen Marina Agranov
11:30-12:00 Coffee Break (Espace Maurice Allais)
12:00-1:00 Presidential Lecture-Aloisio Araujo (Instituto Nacional de Matemática Pura e Aplicada) Chairs: Edward Prescott & David Levine Elie de Beaumont Room (108/118) NOTE: if room is full, the session will be broadcasted in L109
1:00-2:30 Lunch Break
Room L106 V106b L105 V106a 108/118 L102 L101 V107 L107
Mechanism Design Variable Markups Topics in Auctions, and Monetary Topics in Game Topics in Economic Voting Mechanisms 2:30-4:30 Session and Trade Violations of WARP Contests and Voting Contests II Economics Bargaining Theory II Theory II Theory I and Experiments Diego Moreno and Duozhe Li & Quan Yi-Chun Chen & Xiao Organizer/Chair Costas Arkolakis Alvaro Sandroni John Wooders Dan Kovenock Tai-Wei Hu Wen Luo Nicholas Yannelis Todd Kaplan Chair Harold Houba Larry Selden
4:30-5:00 Coffee Break (Espace Maurice Allais)
Room L106 V106b L105 V106a 108/118 L102 L101 V107 L107 Government, Ambiguous Beliefs Topics in Economics of All Pay Auctions and Institutions and Bargaining, Trading and Risk Neutral Topics in Economic Experimental 5:00-7:00 Session International Trade Science and Logic Dynamic Contracts Contests Accountability and Learning Valuation Theory II Macroeconomics
Organizer/Chair Costas Arkolakis Alvaro Sandroni Tim Worrall David Wettstein Cecilia Testa Johannes Hörner José Heleno Faro David K. Levine Daniela Puzzello Chair Arnaud Costinot
7:00-8:00 Editorial Meeting in L106 WEDNESDAY, JULY 24, 2013
9:00-9:30 Registration (V126)
Room V106b L102 108/118 L106 L107 L101 L105 V106a V107 L103 Macroeconomy with Distortions, Topics in Informational Frictions or Symposium on Dynamic Social Choice and Information, Industrial Economics Dynamics in Incomplete Markets Models of Debt Equilibrium Theories Cooperative Game Dynamics and Over-the-Counter Epistemic Issues in Topics in Economic 9:30-11:30 Session and Internet Financial Markets I Crises I and Optimal Growth Theory I Contracts Market Design Game Theory Theory Organizer/Chair Roberto Burguet Bart Taub Ping Wang Timothy J. Kehoe Robert A. Becker Youngsub Chun Pierre Fleckinger Marzena Rostek Giacomo Bonanno Nicholas Yannelis Chair Cristina Arellano Rabee Tourky
11:30-12:00 Coffee Break (Espace Maurice Allais)
12:00-1:00 David Cass Lecture-Mark Machina (University of California-San Diego) Chair: Alain Chateauneuf Elie de Beaumont Room (108/118) NOTE: if room is full, the session will be broadcasted in L109
1:00-2:30 Lunch Break
Room V106b L102 108/118 L106 L107 L101 L105 V106a V107
Macroeconomy with Distortions, Supermodular Financial Friction Frictions or Symposium on Social Choice and Games and and Overlapping Incomplete Markets Models of Debt Dynamic Cooperative Game Macroeconomic Social and Economic Topics in Economic 2:30-4:30 Session Applications Generations II Crises II Mechanisms Theory II Dynamics I Networks I Theory III Takashi Kamihigashi & Herakles Matt Elliott & Ben Organizer/Chair Rabah Amir Cuong Le Van Ping Wang Polemarchakis Ludovic Renou Youngsub Chun Jang-Ting Guo Golub Nicholas Yannelis Chair Takashi Kamihigashi B. Ravikumar Timothy J. Kehoe Biung-Ghi Ju Sharon Harrison Matt Elliott Theodoros Diasakos
4:30-5:00 Coffee Break (Espace Maurice Allais)
Room V106b L102 108/118 L106 L107 L101 L105 V106a V107
Dynamic Stochastic Games with Financial Markets Applications in Symposium on Topics in Game Game Theoretic with Collateral Oligopoly and Public Models of Debt Dynamic Theory and Social and Economic Topics in Economic 5:00-7:00 Session Applications Constraints Good Provision Crises III Programming Applications Risk and Fairness Networks II Theory IV Juan Pablo Rincon- Marc Fleurbaey & Matt Elliott & Ben Organizer/Chair Rabah Amir Piero Gottardi Frank Riedel Cristina Arellano Zapatero Subir K. Chakrabarti Stéphane Zuber Golub Nicholas Yannelis Herakles Chair Polemarchakis Yiannis Vailakis Robert Becker Marc Fleurbaey Ben Golub Peter Hammond THURSDAY, JULY 25, 2013
8:30-9:00 Registration (V126)
Room L106 V106a L101 108/118 L107 V106b L105 L102 V107 L103 L104
International Modeling a Ambiguity, Financial Markets Monetary Economy: Decisions and Game Theory and Discontinuous Computational Coordination and and Intertemporal Public Economics Financial Economics Microeconomic 9:00-11:00 Session Games I Financial Markets I Applications Games Economics Dynamic Games Equilibrium and Networks II Foundations Matching Markets Takashi Kamihigashi & Organizer/Chair Simon Grant Igor Livshits Klaus Ritzberger Richard P. McLean Felix Kubler Takako Fujiwara-Greve Cuong Le Van Nizar Allouch Anne Villamil Ross M. Starr Onur Kesten Chair David Kelsey Cuong Le Van
11:00-11:30 Coffee Break (Espace Maurice Allais)
11:30-12:30 Maurice Allais Lecture-Jean Charles Rochet (University of Zurich, SFI and TSE) Chair: Bernard Cornet Elie de Beaumont Room (108/118) NOTE: if room is full, the session will be broadcasted in L109
12:30-2:00 Lunch Break
Room L106 V106a L101 108/118 L107 V106b L105 L102 V107 L103 L104 Market Microstructure, Ambiguity, Topics in Financial Financial Stability, Economic Growth: Decisions and Information in Theoretical and Markets with Intermediation and Monetary Policy Economics of Demographic Optimal Policy with 2:00-4:00 Session Games II Financial Markets II Markets Applied Economics Adverse Selection Information and Regulation Information Aspects Private Information Decision Theory Diego Moreno and Organizer/Chair Jack Stecher Igor Livshits Olivier Gossner Vincenzo Scalzo John Wooders Erwan Quintin Dimitrios P. Tsomocos João Correia-da-Silva Stephen Turnovsky Tom Krebs Chris Shannon Chair
4:00-4:30 Coffee Break (Espace Maurice Allais)
Room L106 V106a L101 108/118 L107 V106b L105 L102 V107 L103 L104
Liquidity in Stopping Time Frictional Asset Revealed Heterogeneity Over Problems in Markets and Economics of Solutions for Topics in Applied Macroeconomic Mechanism Design 4:30-6:30 Session Ambiguity in Games Markets Preferences the Life Cycle Economics Contracts Diversity Cooperative Games Theory Dynamics II and Robustness
Jack Willis and Organizer/Chair Frank Riedel Pierre-Olivier Weill Ludovic Renou Selo Imrohoroglu Svetlana Boyarchenko Alessandro Citanna Shlomo Weber Michel Grabisch Constantine Yannelis Jang-Ting Guo Chris Shannon Stephen Teng Sun Mikko Puhakka
7:45 DINNER Bateaux-Mouches Address: Pont de l'Alma rive droite, 75008 Paris Begin boarding at 7:45PM in front of the boat. FRIDAY, JULY 26, 2013
8:30-9:00 Registration (V126)
Room 108/118 V106b L103 L105 V107 L101 L107 L102 V106a L104
Models of Influence Cost Sharing, Time Preference: New Methods for Bounded Rationality General Equilibrium Topics in Economic and Network Theory Markets and Perfect Stable Forms of Theory and Dynamic Economies Contracts and Topics in Economic 9:00-11:00 Session I and Applications Growth I Competition Social Organization Applications I Games Theory V
Organizer/Chair Willemien Kets Mich Tvede Takashi Kamihigashi Agnieszka Rusinowska Carlos Hervés-Beloso M.G. Graziano Horst Zank Kevin Reffett Edward Schlee Nicholas Yannelis Chair Miki Matsuo Lukasz Wozny Tiago Cavalcanti
11:05-12:05 Lionel McKenzie Lecture-William Zame (UCLA) Chair: Alfred Galichon Elie de Beaumont Room (108/118) NOTE: if room is full, the session will be broadcasted in L109
12:05-1:00 Lunch Break
Room 108/118 V106b L103 L105 V107 L101 L107 L102 V106a L104
Topics in Economic Models of Influence New Methods for Bounded Rationality General Equilibrium Theory and and Network Theory Strategic Industrial Time and Dynamic Economies Rents, Risks and 1:00-3:00 Session II with Applications Applications II Uncertainty Organization Uncertainty II Search Models Incentives
Jean-Marc Bonnisseau Xiao Luo & Yongchao Organizer/Chair Marco Mariotti & Antonio Villanacci Zhang Agnieszka Rusinowska John Nachbar Emma Moreno-García Alain Chateauneuf Kevin Reffett Gabriele Camera Arnaud Dupuy Chair Manjira Datta Jaehong Kim
3:00-3:30 Coffee Break (Espace Maurice Allais)
Room 108/118 V106b L103 L105 V107 L101 L107 L102 V106a L104 Existence of Private Information Information Equilibrium in On Discrimination Stochastic Games OPEN Bounded Rationality and General Contests with Networks/Networks Some Factors of Discontinuous Policies in and Network Topics in Industrial 3:30-5:30 Session III Equilibrium Linkages of Information Economic Growth Games Mechanism Design Formation Organization Guilherme Carmona & Organizer/Chair Paola Manzini Edward S. Prescott Brian A. Roberson Beth Allen Cuong Le Van Konrad Podczeck Laurent Lamy Frank Page Marta Faias Chair Aditya Goenka
5:30-5:45 Break
Room 108/118 V106b L103 L105 V107 L101 L107 L102 V106a L104 Macroeconomics Ranks and Topics in and the Network Formation; Coalitions and Revealed Culture and Competition Policy Mathematical 5:45-7:45 Session Rearrangements Macroeconomics Environment Local Interaction Public Goods Preference Theory Networks Hard Information Issues Economics III
Jeanne Hagenbach & Achille Basile & Ioannis Organizer/Chair Marc Henry Anne Villamil Ted Temzelides Hans Haller Francis Bloch Federico Echenique Alberto Bisin Eduardo Perez-Richet Claude d'Aspremont A. Polyrakis Chair Plenary Session Details
Monday, July 22, 2013, 12:30-1:30 Elie de Beaumont Room 108/118 ALIPRANTIS PRIZE LECTURE Speaker: Takuo Sugaya (Stanford University) Title: Folk Theorem in Repeated Games with Private Monitoring Chairs: Charles Plott (California Institute of Technology) Nicholas Yannelis (University of Iowa & University of Manchester)
Tuesday, July 23, 2013, 12:00-1:00 Elie de Beaumont Room 108/118 PRESIDENTIAL LECTURE Speaker: Aloisio Araujo (EPGE/FGV) Title: General Equilibrium Tastes and Institutions after the Crisis Chairs: Edward C. Prescott (Arizona State University) David Levine (Washington University-St. Louis)
Wednesday, July 24, 2013, 12:00-1:00 Elie de Beaumont Room 108/118 DAVID CASS LECTURE Speaker: Mark Machina (University of California-San Diego) Title: How Many Types of Uncertainty Are There? Chair: Alain Chateauneuf (PSE-University of Paris I)
Thursday, July 25, 2013, 11:30-12:30 Elie de Beaumont Room 108/118 MAURICE ALLAIS LECTURE Speaker: Jean Charles Rochet (University of Zurich, SFI and TSE) Title: Capital Regulation and Credit Fluctuations Chair: Bernard Cornet (PSE-University of Paris I & University of Kansas)
Friday, July 26, 2013, 11:05-12:05 Elie de Beaumont Room 108/118 LIONEL MCKENZIE LECTURE Speaker: William Zame (UCLA) Title: `Lucas' In The Laboratory Chair: Alfred Galichon (SciencesPo Paris) PARALLEL SESSION DETAILS Presenting authors are listed first. Monday, July 22, 2013, 10:00-12:00 Financial DisintermeDiation anity Organizer: Alexandros Vardoulakis Room: L213 Presenter Title Jean-Edouard Colliard (European Central Bank, Networks of Cash Providers Germany, [email protected]), Gabrielle Demange (Paris School of Economics-EHESS, France)
Regis Breton (Banque de France and CNRS, France, Currency Union With and [email protected]), Vincent Bignon Without a Banking Union (Banque de France, France), Mariana Rojas Breu (Université Paris Dauphine, France)
Nina Biljanovska (Frankfurt University, Germany, Taxing Capital: Distorted Beliefs [email protected]), Ester Faia and Constrained Borrowing (Frankfurt University, CFS and Kiel IfW, Germany)
Alexandros Vardoulakis (European Central Bank and Financial Regulation in General Banque de France, Germany, alex.vardoulakis@gmail. Equilibrium com), Charles Goodhart (London School of Economics, UK), Anil Kashyap (Chicago Booth School of Business, USA), Dimitrios Tsomocos (Said Business School, UK)
labor market search Organizer: Leo Kaas Room: L102 Presenter Title Ronald Wolthoff (University of Toronto, Canada, Interviews and the Assignment [email protected]), Benjamin Lester (Fed- of Workers to Jobs eral Reserve Bank of Philadelphia, USA)
Edgar Preugschat (University of Konstanz, Germany, ed- Knowledge Spillovers in Competi- [email protected]), Tom-Reiel Heggedal tive Search Equilibrium (Norwegian Business School, Norway), Espen Moen (Norwegien Business School, Norway)
Moritz Kuhn (University of Bonn, Germany, mokuhn@ Wage Dynamics in Long-Term uni-bonn.de), Philip Jung (University of Bonn, Germany) Contracts
Javier Fernández Blanco (Universidad Carlos III de On the Composition Effect of the Madrid, Spain, [email protected]), Pedro Maia Gomes Labour Market Outcomes (Universidad Carlos III de Madrid, Spain)
23 Monday, July 22 mathematical economics i Organizers: Kali Rath & Yeneng Sun, Chair: Kali Rath Room: L218 Presenter Title Haomiao Yu (Ryerson University, Canada, hyu@arts. Pareto Undominated Nash Equi- ryerson.ca), Haifeng Fu (Xi’an Jiaotong-Liverpool Univer- librium in Non-Atomic Games sity, China)
Pedro Jara-Moroni (Universidad de Santiago de Chile, Rationalizability and Equilibria Chile, [email protected]), Pablo Moyano (Universidad in Games with a Continuum of de Santiago de Chile, Chile) Players
Xiang Sun (National University of Singapore, Singapore, On the Diffuseness of Incomplete [email protected]), Wei He (National Univer- Information Game sity of Singapore, Singapore)
Kali P. Rath (University of Notre Dame, USA, Strategic Representation of Large [email protected]), M. Ali Khan (Johns Hopkins Uni- Distributional Games versity, USA), Haomiao Yu (Ryerson Univeristy, Canada), Yongchao Zhang (Shanghai University of Finance and Economics, China)
Political economy i Organizer: Francesco Squintani Room: L106 Presenter Title Marina Agranov (Caltech, USA, [email protected]. Equilibrium Tax Rates and Income edu), Thomas Palfrey (Caltech, USA) Redistribution: A Laboratory Study
Alessandro Riboni (Ecole Polytechnique, France), ales- Spending Biased Legislators and [email protected]), Facundo Piguillem (EIEF, Policy Persistence Italy)
Alejandro Saporiti (University of Manchester, UK), Power Sharing and Electoral [email protected]) Equilibrium
Peter Buisseret (Princeton University, USA, pbuisser@ Parliamentarism or princeton.edu) Presidentialism?
24 Monday, July 22 comPetition economics Organizer: Flavio Menezes Room: L101 Presenter Title Leslie Marx (Duke University, USA, [email protected]), Antitrust Leniency with Multi- Claudio Mezzetti (University of Warwick, UK), Robert Market Colluders Marshall (Penn State University, USA)
Simon Loertscher (University of Melbourne, Australia, Predatory Fee-Setting [email protected]), Andras Niedermayer (University of Mannheim, Germany)
Simon Cowan (Oxford University, UK, simon.cowan@ Welfare-Increasing Third-Degree economics.ox.ac.uk) Price Discrimination
Flavio Menezes (University of Queensland, Australia, Inferring the Strategy Space from [email protected]), John Quiggin (University of Market Queensland, Australia)
Decision, behavioral economics anD behavioral Finance Organizer: Rose-Anne Dana Room: L105 Presenter Title M. Mandler (Royal Holloway College, University of Rational Agents are the Quickest London, UK, [email protected])
S. Minardi (HEC, France, [email protected]), O. Evren Warm-Glow Giving and Freedom (New Economics School, Russia) to be Selfish
J. Steiner (Northwestern University, USA, j-steiner@ Price Distortions in High- kellogg.northwestern.edu), C. Stewart (University of Frequency Markets Toronto, Canada)
F. Le Grand (EMLyon Business School & ETH Zurich, A Robust Approach to Risk France & Switzerland, [email protected]), A. Aversion Bommier (ETH Zurich, Switzerland )
25 Monday, July 22 Dynamic contests Organizer: Luis C. Corchon Room: 108/118 Presenter Title Magnus Hoffmann (University of Technology, Berlin, Distributional Preferences in Germany, [email protected]), Martin Share and Probability Contests Kolmar (University of St. Gallen, Switzerland)
Theofanis Tsoulouhas (University of California, Merced, Do Tournaments Solve the USA, [email protected]) Adverse Selection Problem?
Alan Gelder (University of Iowa, USA, alan-gelder@ From Custer to Thermopylae: uiowa.edu) Last Stand Behavior in Multi- Stage Contests
Luis C. Corchón (Carlos III University of Madrid, Spain, Dynamic Contests with [email protected]), Carmen Beviá (Universitat Bankrupcy Autonoma de Barcelona, Barcelona, Spain)
traDe agreements Organizer: Eric Bond Room: L107 Presenter Title Paola Conconi (Universite Libre de Bruxelles & CEPR, Reciprocity as a Commitment Belgium, [email protected]), Carlo Perroni Device (University of Warwick, UK)
Giovanni Maggi (Yale University, USA, giovanni.maggi@ Trade Disputes and yale.edu), Robert Staiger (University of Wisconsin, USA) Settlement
Mostafa Beshkar (Indiana University, USA, mostafa. Political Commitment vs. [email protected]) Flexibility in Setting Trade Policy
Eric Bond (Vanderbilt University, USA, eric.bond@ Cap and Escape in Trade vanderbilt.edu), Mostafa Beshkar (Indiana University, Agreements USA)
26 Monday, July 22 evolution anD learning in games anD markets Organizer: Carlos Alos-Ferrer Room: L224 Presenter Title Markus Walzl (University of Innsbruck, Austria, markus. Competing Trading Platforms: [email protected]), Rene Saran (Maastricht University, Walrasian Auctions vs Bazaars Netherlands)
Carlos Alos-Ferrer (University of Cologne, Germany, Trader Matching and the [email protected]), Johannes Selection of Trading Platforms Buckenmaier (University of Cologne, Germany)
Christopher Kah (University of Innsbruck, Austria, Stochastic Stability in a Dynamic [email protected]) with Best Reply to Noisy Play
Christoph Kuzmics (University of Bielefeld, Germany, On the Convergence to Nash [email protected]) Equilibrium Under Uncoupled Deterministic Adjustment Dynamics
Monday, July 22, 2013, 2:30-4:30 new Directions in bargaining theory Organizer: Cheng-Zhong Qin Room: L213 Presenter Title Claus-Jochen Haake (University of Paderborn, Germany, A Unification of Solutions to the [email protected]) Bargaining Problem
Walter Trockel (Istanbul Bilgi University & IMW- Axiomatizations of the Discrete Bielefeld, Turkey & Germany, walter.trockel@ Raiffa Solution bilgi.edu.tr)
Baomin Dong (Henan University, China, baomindong@ Retail Power, Slotting Allowances, vip.163.com) and the Countervailing Power Hypothesis
Cheng-Zhong Qin (UCSB & SDU, USA, [email protected]. Nash Bargaining for Log-Convex edu) Problems and Applications
27 Monday, July 22 ePistemic logic anD inDuctive game theory i Organizer: Mamoru Kaneko Room: L102 Presenter Title Mamoru Kaneko (Waseda University, Japan, kaneko@ Interactions Between Subjective sk.tsukuba.ac.jp) Thinking and Objective Worlds
Tai-wei Hu (Northwestern University, USA, t-hu@ Infinite Regress form Interactive kellogg.northwestern.edu), Mamoru Kaneko (Waseda Decision Making University, Japan)
Sonja Smets (ILLC, University of Amsterdam, The Collective Learning Versus Netherland, [email protected]), Alexandru Informational Cascades: Towards Baltag (ILLC, University of Amsterdam, The Netherland) a Logical Approach to Social Information Flow (Part I)
Alexandru Baltag (ILLC, University of Amsterdam, The Collective Learning Versus Netherlands, [email protected]), Sonja Informational Cascades: Towards Smets (ILLC, University of Amsterdam, The Netherland) a Logical Approach to Social Information Flow (Part II)
mathematical economics ii Organizer: Yeneng Sun Room: L218 Presenter Title Pawel Dziewulski (University of Oxford, UK, pawel. Differential Information in Large [email protected]), Lukasz Balbus (Uni- Games with Strategic Comple- versity of Zielona Gora, Poland), Kevin Reffett (Arizona mentarities State University, USA), Lukasz Wozny (Warsaw School of Economics, Poland)
Lei Qiao (National University of Singapore, Singapore, On Large Strategic Games with [email protected]), Haomiao Yu (Ryerson Univer- Traits sity, Canada)
Rodrigo Jardim Raad (Federal University of Minas Approximate Recursive Equilib- Gerais - Belo Horizonte, Minas Gerais, Brazil, rjraad@ rium with Minimal State Space gmail.com)
Wei He (National University of Singapore, Singapore, Modeling Infinitely Many Agents [email protected]), Xiang Sun (National University of Singapore, Singapore), Yeneng Sun (National University of Singapore, Singapore)
28 Monday, July 22
Political economy ii Organizer: Francesco Squintani Room: L106 Presenter Title John Duggan (University of Rochester, USA, john.dug- A Folk Theorem for Repeated [email protected]) Elections with Adverse Selection
David Hugh Jones (University of Essex, UK, davidhugh- Coercive Capacity and [email protected]) Heterogeneity
Andrea Mattozzi (European University Institute, Italy), Good Old Spendthrift: The Fiscal [email protected]), Daniela Iorio (Universitat Effects of Political Tenure Autonoma Barcelona, Spain)
Sharun Mukand (University of Warwick, UK, Call of the Tribe? Political Com- [email protected]), Arthur Blouin (University petition and Nation Building in of Warwick, UK), Sumon Majumdar (Queen’s University, Africa Canada)
aDvances on economic theory Organizer: Vasiliki Skreta Room: L101 Presenter Title George Lukyanov (Toulouse School of Economics, Coordination Frictions and Public France, [email protected]), Tong Su (Toulouse Communication School of Economics, France)
Ed Hopkins (University of Edinburgh, UK, e.hopkins@ Marriage as a Rat Race: Noisy ed.ac.uk), V. Bhaskary (University College-London, UK) Pre-Marital Investments with Assortative Matching
Anastasios Dosis (University of Warwick, UK, a.Dosis@ Strategic Foundations for Efficient warwick.ac.uk) Competitive Markets with Adverse Selection
Andy McLennan (University of Queensland, Australia, Some People Never Learn, [email protected]), Simon Loerscher Rationally (University of Melbourne, Australia)
29 Monday, July 22 auctions anD mechanism Design Organizer: Alejandro Manelli Room: L105 Presenter Title Sarah Parlane (University College Dublin, Ireland, sarah. Optimal Contract Orders and [email protected]), YingYI Tsai (National University of Relationship-Specific Investments Kaohsiung, Taiwan) in Vertical Organizations
Indranil Chakraborty (National University of Singapore, Multiple Unit Auctions with Singapore, [email protected]) Reserve Price
Alexey Kushnir (University of Zürich, Switzerland, A Geometric Approach to [email protected]), Jacob K. Goeree (University Mechanism Design of Zürich, Switzerland)
Alejandro Manelli (Arizona State University, USA, ale- Dominant Strategy and Bayesian [email protected]), Daniel R. Vincent (University Incentive Compatibility in Multi- of Maryland, USA) Unit Trading Environments
graPh games Organizer: Jean-Jacques Herings Room: 108/118 Presenter Title Gerard van der Laan (VU University Amsterdam, The Average Tree Permission Netherlands, [email protected]), R. van den Brink Value for Games with a (VU University Amsterdam, Netherlands), P.J.J. Herings Permission Tree (Maastricht University, Netherlands), A.J.J. Talman (Tilburg University, Netherlands)
Philippe Solal (Université de Saint-Etienne, France, The Sequential Equal Surplus [email protected]), Sylvain Béal (Uni- Division for Sharing International versité de Franche-Comté, France), Amandine Ghintran Rivers with Bifurcations (Université de Lille 3, France), Eric Rémila (Université de Saint-Etienne, France)
Alexandre Skoda (University of Paris I, France, Convexity of Network Restricted [email protected]), Michel Grabisch Games Induced by Minimum (Université de Paris I, France) Partitions
Maurice Koster (Amsterdam School of Economics, Communication and Coordina- Netherlands, [email protected]), P. Huang (VU University tion in Social Networks: Action as Amsterdam, Netherlands), I. Lindner (VU University Communication Device Amsterdam, Netherlands)
30 Monday, July 22 international traDe anD Factor mobility i Organizers: Giovanni Facchini & Maarten Bosker, Chair: Maarten Bosker Room: L107 Presenter Title Giacomo A. M. Ponzetto (CREI, Universitat Pompeu Heterogeneous Information and Fabra, and Barcelona GSE, Spain, [email protected]) Trade Policy
Udo Kreickemeier (University of Tuebingen, Germany, Two-Way Migration Between [email protected]), Jens Wrona Similar Countries (University of Tuebingen, Germany)
Giovanni Facchini (University of Nottingham, UK, The Political Economy of Trade [email protected]), Paola Conconi and Migration: Evidence from the (ECARES, Universite’ Libre de Bruxelles, Belgium), Max US Congress F. Steinhardt (HWWI, Germany), Maurizio Zanardi (ECARES, Universite’ Libre de Bruxelles, Belgium)
Bastian Westbrock (University of Utrecht, The Nether- International Supply Chains and lands, [email protected]), Maarten Bosker (Erasmus Network Effects in Trade University Rotterdam, The Netherlands)
Financial economics i Organizer: Bernard Cornet Room: L224 Presenter Title Miguel A. Iraola (Centro de Investigacion Economica, Liquidity Contractions, Incom- Instituto Tecnologico Autonomo de Mexico (ITAM), plete Financial Participation and Mexico, [email protected]), Juan Pablo Torres- the Prevalence of Negative Equity Martinez (University of Chile, Chile) Non-recourse Loans
Péter Csóka (Corvinus University of Budapest and Risk Allocation under Liquidity HAS-CERS, Game Theory Research Group, Hungary, Considerations [email protected]), Jean-Jacques Herings (Maastricht University, The Netherlands)
Filippo Massari (Washington University in Saint Louis, Price Dynamics and Market USA, [email protected]) Selection
Bernard Cornet (PSE-University of Paris I & University of Financial Markets with Frictions Kansas, France & USA, [email protected])
31 Monday, July 22, 2013, 5:00-7:00 olg economies with creDit Frictions Organizers: Michael Magill & Martine Quinzii, Chair: Michael Magill Room: L213 Presenter Title Giacomo Rondina (University of California San Diego, Non-Fundamental Dynamics and USA, [email protected]) Financial Markets Integration
Martine Quinzii (University of California Davis, USA, Collateral, Default, Durable Good [email protected]), Michael Magill (University of Prices and Investment Southern California, USA)
Alberto Martin (Universitat Pompeu Fabra, Spain, Bubbly Collateral and Economic [email protected]), Jaume Ventura (Universitat Pompeu Activity Fabra, Spain)
Fabrizio Orrego (Banco Central de Reserva del Peru Sequential Incompleteness and Universidad de Piura, Peru, [email protected]), and Dynamic Suboptimality in Stephen Spear (Carnegie Mellon University, USA) Stochastic OLG Economies with Production
ePistemic logic anD inDuctive game theory ii Organizer: Mamoru Kaneko, Chair: Nobu-Yuki Suzuki Room: L102 Presenter Title Nobu-Yuki Suzuki (Shizuoka University, Japan, Some Considerations of [email protected]) Prediction/Decision Criteria in Epistemic Predicate Logics
Ryuichiro Ishikawa (University of Tsukuba, Japan, A Simulation Study of Inductive [email protected]), Eizo Akiyama (University of Game Theory: Mike’s Bike Tsukuba, Japan), Mamoru Kaneko (Waseda Univer- Commuting sity, Japan), J. Jude Kline (University of Queensland, Australia)
Ai Takeuchi (Ritsumeikan University, Japan, aiai.take@ An Experimental Study of Learn- gmail.com), Yukihiko Funaki (Waseda University, Japan), ing from the Perspective of Mamoru Kaneko (Waseda University, Japan), J. Jude Inductive Game Theory Kline (University of Queensland, Australia)
32 Monday, July 22
corPorate Finance: contributions From economic theory Organizer: Mario Pascoa, Chair: Jaime Luque Room: L218 Presenter Title Rodrigo Novinski (Faculdades Ibmec, Rio de Janeiro, A Value at Risk Analysis in General Brazil, [email protected]), José Vicente Equilibrium (Central Bank of Brazil, Rio de Janeiro, Brazil)
Aloisio Araujo (IMPA and FGV, Brazil, Aloisio.Araujo@ Bank Regulation fgv.br)
Alexis Anagnostopoulos (SUNY at Stony Brook, USA, Value Preserving Welfare Weights [email protected]), Eva Carceles-Poveda for Social Optimization Problems (SUNY at Stony Brook, USA), Yair Tauman (SUNY at Stony Brook, USA)
Guillermo Ramirez (Nova SBE, Portugal, guillermo. Shareholders’ Unanimity, Short- [email protected]), J.M. Bottazzi Sales and Repo Markets (Capula and Paris School of Economics, France), Mario Pascoa (University of Surrey & NOVA SBE-Lisbon , UK & Portugal)
Political economy iii Organizer: Francesco Squintani Room: L106 Presenter Title Benoit Crutzen (Erasmus University Rotterdam, Neth- Keeping Politicians on Their Toes: erlands, [email protected]) Does the Candidate Selection Procedure Matter?
Raghul Srinivasan (University of Warwick, UK, A Model of Activism, Mobilization, [email protected]) and Polarization
Francesco Squintani (University of Warwick, UK), A Theory of Competence and [email protected]), Torun Dewan (LSE, UK) Leadership
Karine Van Der Straeten (Toulouse School of Econom- Strategic Communication of Elec- ics, France, [email protected]), toral Platforms Gabrielle Demange (PSE, France)
33 Monday, July 22 inDustry Dynamics Organizer: Takashi Kamihigashi Room: L101 Presenter Title Jaap H. Abbring (Tilburg University, The Netherlands, Very Simple Markov-Perfect [email protected]), Jeffrey Campbell (Federal Industry Dynamics Reserve Bank of Chicago, USA), Jan Tilly (University of Pennsylvania, USA), Nan Yang (National University of Singapore, Singapore)
Santanu Roy (Southern Methodist University, USA, Equilibrium Dynamics of Entry [email protected]), Takashi Kamihigashi (Kobe and Exit: Industry-wide Learning University, Japan) and Endogenous Heterogeneity
Dimitrios Varvarigos (University of Leicester, UK, dv33@ Endogenous Market Structure, leicester.ac.uk), Maria José Gil-Moltó (University of Occupational Choice, and Growth Leicester, UK) Cycles
Takashi Kamihigashi (Kobe University, Japan, tkamihig@ Exact Sampling from the rieb.kobe-u.ac.jp), John Stachurski (Australian National Stationary Distribution of Entry- University, Australia) Exit Models
Financial Frictions anD macroPruDential Policy Organizer: Udara Peiris Room: L105 Presenter Title Kevin James (Financial Conduct Authority and LSE, UK, A Bank’s Progress: Corporate [email protected]), Dimitrios Tsomocos (University of Governance and Endogenous Oxford, UK), Alexandros Vardoulakis (Federal Reserve Financial Crises Board, USA)
Juan Francisco Martinez S (Central Bank of Chile, Chile, Funding, Market Liquidity, [email protected]) Financial Stability and Real Effects in General Equilibrium
Dimitris Voliotis (University of Piraeus, Greece, Bounds to Financial Anarchy [email protected])
Akshay Kotak (University of Oxford, UK, akshay.kotak@ The Lender of Last Resort in a sbs.ox.ac.uk) General Equilibrium Framework
34 Monday, July 22 auction theory Organizer: Bernard Lebrun Room: 108/118 Presenter Title Charles Zheng (University of Western Ontario, Canada, Existence of Monotone Pure- [email protected]) Strategy Equilibria in First-Price Auctions with Resale
Maciej Kotowski (Harvard University, USA, Maciej_ First-Price Auctions with Budget [email protected]) Constraints
Laurent Lamy (Paris School of Economics, France, Equilibria in Two-Stage [email protected]) Sequential Second-Price Auctions with Multi-Unit Demands
Bernard Lebrun (York University, Canada, blebrun@ Revenue-Superior Variants of the econ.yorku.ca) Second-Price Auction
international traDe anD Factor mobility ii Organizers: Giovanni Facchini & Maarten Bosker, Chair: Giovanni Facchini Room: L107 Presenter Title Julian Emamni Namini (Erasmus University Rotterdam, A Model of Firm Heterogeneity in The Netherlands, [email protected]), Giovanni Factor Intensities and Interna- Facchini (University of Nottingham, UK), Ricardo A. tional Trade Lopez (Brandeis University, USA)
Carsten Eckel (University of Munich, Germany, Carsten. CATs and DOGs [email protected]), Raymond Riezman (University of Iowa, USA)
Richard Chisik (Ryerson University, Canada, rchisik@ International Disputes, Issue economics.ryerson.ca) Linkage, and the Limitation of Cross Retaliation
Roberto Bonfatti (University of Nottingham, UK, Trade and the Pattern of Euro- [email protected]) pean Imperialism, 1492-2000
35 Monday, July 22 ambiguity Organizers: Mark Machina & Nicholas Yannelis, Chair: Mark Machina Room: L224 Presenter Title Scott Condie (Brigham Young University, USA, scott_ Pricing Effects of Ambiguous [email protected]), Jayant Ganguli (University of Essex, Private Information UK, [email protected])
Steven Stong (University of Iowa, USA, steven-stong@ Monotone Equilibria in Games uiowa.edu) with Maxmin Expected Utility
Spyros Galanis (University of Southampton, UK, The Value of Information Under [email protected]) Unawareness
Frederik Stefan Herzberg (Bielefeld University, Ambiguity and the Aggregation Germany, [email protected]) of Priors
36 Tuesday, July 23, 2013, 9:30-11:30
traDe anD economic geograPhy Organizer: Costas Arkolakis, Chair: Treb Allen Room: L106
Presenter Title Peter M. Morrow (University of Toronto, Canada, peter. Roads and Trade: Evidence from [email protected]), Gilles Duranton (University of the US Pennsylivania, USA), Matthew A. Turner (University of Toronto, Canada)
Kerem Cosar (Chicago Booth, USA, kerem.cosar@chica- Internal Geography, Internation- gobooth.edu), Pablo Fagjelbaum (UCLA, USA) al Trade, and Regional Outcomes
Stephen Redding (Princeton University, USA, redding. External Integration and Internal [email protected])), Pablo Fagjelbaum (UCLA, Development: Evidence from USA) Argentina 1870-1914
Treb Allen (Northwestern University, USA, treballen@ Trade and the Topography of the gmail.com), Costas Arkolakis (Yale University, USA) Spatial Economy
auctions by inFormeD sellers Organizer: Vasiliki Skreta Room: L218
Presenter Title Tymofiy Mylovanov (University of Pennsylvania, Mechanism Design with Frames USA, [email protected])
Stephan Lauermann (University of Michigan, USA, A Common Value Auction with [email protected]), Asher Wolinsky (Northwest- Bidder Solicitation ern University, USA)
Sergei Izmalkov (New Economic School, Russia, Informed Seller in a Hotelling [email protected]), Filippo Balestrieri (HP Labs) Market
Vasiliki Skreta (NYU, USA, [email protected]), How to Sell a Good to Heteroge- Frederic Koessler (Paris School of Economics, France) neous Consumers?
37 Tuesday, July 23
Financial Frictions anD the oPen economy Organizer: Udara Peiris Room: L105
Presenter Title Oren Sussman (Said Business School, University of A Welfare Analysis of Hot Money Oxford, UK, [email protected]), Alexander Gumbel (Toulouse School of Economics, France)
Maxim Nikitin (ICEF, NRU Higher School of Economics, Globalization, Exchange Rate Russia, [email protected]), Alexandra Solovyeva Regimes and Financial Contagion (University of Minnesota, USA), Branko Urosevic (University of Belgrade & National Bank of Serbia, Serbia)
Nikolaos Kokonas (University of Warwick, UK, Myopia, Time-Inconsistency and [email protected]) Financial Markets Contagion
Udara Peiris (ICEF, NRU Higher School of Economics, On the Efficiency of Nominal Russia, [email protected]), Matthew Hoelle (Purdue GDP Targeting in a Large Open University, USA) Economy
contests i Organizer: Dan Kovenock Room: L213
Presenter Title Kai A. Konrad (Max Planck Inst. For Tax Law and Public Alliances in the Shadow of Finance and Social Science Research Center Berlin, Conflict Germany, [email protected]), Chanxia Ke (Sun Yat- sen University, China), Florian Morath (Max Planck Inst. For Tax Law and Public Finance, Germany)
Alberto Vesperoni (Stockholm School of Economics, A Success Function for Rank- Sweden, [email protected]) Contests
Christian Ewerhart (University of Zurich, Switzerland, Log-Supermodular Contests [email protected])
Wolfgang Leininger (University of Dortmund, Germany, On the Efficient Provision of [email protected]), Jörg Franke Public Goods by Means of (University of Dortmund, Germany ) Lotteries
38 Tuesday, July 23 mechanism Design anD Distributive Justice Organizer: Itai Sher Room: 108/118
Presenter Title Marc Fleurbaey (Princeton University, USA, Fair Income Tax with Endogenous [email protected]), Giacomo Valletta Productivities (Maastricht University, Netherlands)
Rodrigo Velez (Texas A&M University, USA, Sincere and Sophisticated Players in the [email protected]) Envy-Free Allocation Problem
Olivier Bochet (University of Bern, On the Bipartite Rationing Model and its Switzerland, [email protected]) Extensions
Steven Brams (New York University, USA, 2-Person Fair Division of Indivisible Items: [email protected]), D. Marc Kilgour An Efficient, Envy-Free Algorithm (Wilfrid Laurier University, Canada), Christian Klamler (University of Graz, Austria)
bargaining theory i Organizers: Duozhe Li & Quan Wen Room: L102
Presenter Title Huseyin Yildirim (Duke University, USA, Information Acquisition and Strategic [email protected], Silvana Krasteva Sequencing in Bilateral Relationships (Texas A&M, USA)
Ying Chen (Arizona State University, USA, Mandatory Versus Discretionary Spending: [email protected]), T. Renee Bowen the Status Quo Effect (Stanford University, USA), Hulya Eraslan (Johns Hopkins University, USA)
Wooyoung Lim (Hong Kong University Communication in Bargaining over Decision of Science & Technology, Hong Kong, Rights [email protected])
Duozhe Li (Chinese University of Hong Kong, On Efficiency in Network Bargaining with Hong Kong, [email protected]), Quan Endoegenous Matching Wen (Vanderbilt University, USA)
39 Tuesday, July 23 toPics in game theory i Organizers: Yi-Chun Chen & Xiao Luo Room: L101
Presenter Title Takashi Kunimoto (Hitotsubashi University, Interim Implementation Japan, [email protected])
Ilwoo (Iru) Hwang (University of Pennsylva- A Theory of Bargaining Deadlock nia, USA, [email protected])
Chih-Chun Yang (Academia Sinica, Taiwan, Social Networks of Favor Exchange [email protected])
Ben Wang (National University of Singapore, Epistemic Conditions of MACA Singapore, [email protected]), Xiao Luo (National University of Singapore, Singapore)
oPtimal taxation Organizer: Julio Dávila Room: L224
Presenter Title Yena Park (University of Pennsylvania, USA, Optimal Taxation in a Limited Commitment [email protected]) Economy
Manachaya Uruyos (Chulalongkorn Optimal Government Size and Public University, Thailand, manachaya.u@chula. Investment Allocation ac.th)
Carlos Garriga (Federal Reserve Bank of St. Optimal Intergenerational Policy and the Louis, USA, [email protected]), Measurement of Tax Incidence Juan Carlos Conesa (Universidad Autónoma de Barcelona, Spain)
Andreas Müller (University of Zürich, Swit- Optimal Taxation of Foreign Assets and Pro- zerland, [email protected]) duction Factors in a Small Open Economy
40 Tuesday, July 23 voting in committees anD elections Organizer: Thomas Palfrey, Chair: Marina Agranov Room: L107
Presenter Title Vincent Anesi (University of Nottingham, UK, vincent. Bargaining in Standing [email protected]), Daniel Seidmann (University Committees with an Endogenous of Nottingham, UK) Default
Chloe Tergiman (University of British Columbia, Canada, Communication in Bargaining [email protected]), Marina Agranov (Caltech, USA)
Micael Castanheira (ECARES, Belgium, mcasta@ulb. Divided Majority and Information ac.be), Laurent Bouton (Boston University, USA), Aniol Aggregation: Theory and Llorente-Saguer (Max Planck Institute for Research on Experiment Collective Goods, Germany)
Jingjing Zhang (University of Zurich, Switzerland, Electoral Engineering: One Man, [email protected]), Jacob Goeree (University of One Bid Zurich, Switzerland)
Tuesday, July 23, 2013, 2:30-4:30 variable markuPs anD traDe Organizer: Costas Arkolakis Room: L106
Presenter Title Jozef Konings (University of Leuven, Belgium, Joep.Kon- Importers, Exporters and [email protected]), Mary Amiti (Federal Reserve Bank Exchange Rate Disconnect of New York, USA), Oleg Itshoki (Princeton University, USA)
Virgiliu Midrigan (New York University, USA, virgiliu. Competition Markups and the [email protected]), Chris Edmonds (University of Gains from International Trade Melbourne, Australia), Daniel Xu (Duke University, USA)
Hakan Yilmazkuday (Florida International University, Markups Versus Trade Costs USA, [email protected])
Costas Arkolakis (Yale University, USA, costas.arkolakis@ The Elusive Pro-Competitive yale.edu), Arnaud Costinot (MIT, USA), Dave Donald- Effects of Trade son (MIT, USA), Andres Rodriguez-Clare (University of California-Berkeley, USA)
41 Tuesday, July 23 violations oF warP Organizer: Alvaro Sandroni Room: L218
Presenter Title Marco Mariotti (University of St. Andrews, Stochastic Choice and Consideration Sets Scotland, UK, Marco.Mariotti@st-andrews. ac.uk), Paola Manzini (University of St. Andrews, Scotland, UK)
Geoffroy de Clippel (Brown University, USA, Behavioral Implementation [email protected])
Kareen Rozen (Yale University, USA, kareen. Bounded Rationality and Limited Datasets [email protected])
Alvaro Sandroni (Northwestern University, Moral Speech USA, [email protected])
toPics in auctions, contests anD voting Organizers: Diego Moreno and John Wooders Room: L105
Presenter Title Jingfeng Lu (National University of Sin- Prize and Punishment: Optimal Contest gapore, Singapore, [email protected]), Design with Incomplete Information Bin Liu (National University of Singapore, Singapore), Ruqu Wang (Queen’s University, Canada), Jun Zhang (Shanghai University of Finance and Economics, China)
Jason Shachat (Xiamen University, China, ja- Discrete Heterogeneity and Learning in [email protected]), Lijia Wei (Wuhan Private Value Auctions: Withering Rationality University, China) and Gender Differences
Toru Suzuki (University of Technology Collective Verification Problem: Theory and Sydney, Australia, [email protected]), Experiment KingKing Li (Shanghai University of Finance and Economics, China)
Diego Moreno (Universidad Carlos III de Auctions with Public and Secret Reserves Madrid, Spain, [email protected]), John Wooders (University of Technology Sydney, Australia)
42 Tuesday, July 23 contests ii Organizer: Dan Kovenock Room: L213
Presenter Title Christian Seel (Maastricht University, The Netherlands, Continuous Time Contests [email protected]), Philipp Strack (University of Bonn, Germany)
Subhasish M. Chowdhury (Univeristy of East Anglia, The Max-Min Group Contest with UK, [email protected]), Dongryul Lee Applications to Turf Wars (UNIST, South Korea), Iryna Topolyan (Mississippi State University , USA)
Sergio O. Parreiras (University of North Carolina, USA, A Tortoise and a Hare Race [email protected]), Justin Joffrion (United States Air Force, USA)
Dan Kovenock (Chapman University, USA, kovenock@ Caps on Political Lobbying with chapman.edu), Bettina Klose (University of Zurich, Identity-Dependent Externalities Switzerland)
mechanism Design anD monetary economics Organizer: Tai-Wei Hu Room: 108/118
Presenter Title Daniel Sanches (Philadelphia Fed, USA, daniel. On the Inherent Instability of [email protected]) Private Money
Luis Araujo (Michigan State University, USA, araujolu@ Money and Social Norms msu.edu), Bernardo Guimaraes (Sao Paulo School of Economics – FGV, Brazil)
Cyril Monnet (University of Bern and Study Center Private Money and Banking Gerzensee, Switzerland, [email protected]), Regulation Daniel Sanches (Philadelphia Fed, USA )
Eran Shmaya (Northwestern University, USA, Policy in a Monetary Model with [email protected]), Tai-Wei Hu Centralized Markets (Northwestern University, USA )
43 Tuesday, July 23 bargaining theory ii Organizers: Duozhe Li & Quan Wen, Chair: Harold Houba Room: L102
Presenter Title Jun Xiao (University of Melbourne, Australia, jun.xiao@ Bargaining Order in a Multi- unimelb.edu.au) Person Bargaining Game
Chiu Yu Ko (National University of Singapore, Singapore, Dictate a Dictator, Succeed a [email protected]) Successor
Volker Britz (CORE, Universit´e Catholique de Lou- On the Convergence to the Nash vain, Belgium, [email protected]), P. Jean-Jacques Bargaining Solution for Endog- Herings (Maastricht University, Netherlands), Arkadi enous Bargaining Protocols Predtetchinski (Maastricht University, Netherlands)
Harold Houba (VU University Amsterdam, Netherlands, Bargaining with Contesting [email protected]), Quan Wen (Vanderbilt University, Recognition USA)
toPics in game theory ii Organizers: Yi-Chun Chen & Xiao Luo Room: L101
Presenter Title Yi-Chun Chen (National University of Singapore, Singa- The Robust Selection of Rational- pore, [email protected]), Satoru Takahashi (National izability University of Singapore, Singapore), Siyang Xiong (Rice University, USA)
Daisuke Oyama (University of Tokyo, Japan, Generalized Belief Operator and [email protected]), Satoru Takahashi (National the Impact of Small Probability University of Singapore, Singapore) Events on Higher Order Beliefs
Shravan Luckraz (Bond University, Australia, sluckraz@ A Note on the Time Structure of bond.edu.au), Jeffrey Kline (University of Queensland, Extensive Games Australia)
Yi Lu (National University of Singapore, Singapore, Trade Liberalization and [email protected]), Qing Liu (University of Innovation: Theory and Evidence International Business and Economics, China), Ruosi from the South Lu (University of Birmingham, UK), Tuan Anh Luong (Shanghai University of Finance and Economics, China)
44 Tuesday, July 23 toPics in economic theory i Organizer: Nicholas Yannelis, Chair: Larry Selden Room: L224
Presenter Title Haoxiang Zhu (MIT, USA, [email protected]), Songzi Du Are CDS Auctions Biased? (Simon Fraser University, USA, [email protected])
Edward Prescott (Arizona State University, USA, Edward. Adverse Selection in Economies [email protected]) with Mutual Organizations Per- mitted: Existence and Optimality of Equilibriums
Michele Lombardi (University of Glasgow, UK, Michele. Natural Implementation with Par- [email protected]) tially Honest Agents
Larry Selden (Columbia University and the University of Certainty and Risk Preferences: Pennsylvania, USA, [email protected]) Role of Generalized Coherence Axiom
voting mechanisms anD exPeriments Organizer: Todd Kaplan Room: L107
Presenter Title Dirk Engelmann (Universität Mannheim, Germany, dirk. Choosing How to Choose: Ef- [email protected]), Hans Peter Grüner ficiency Concerns in a Two Stage (Universität Mannheim, Germany) Voting Experiment
P. Jean–Jacques Herings (Maastricht University, The Voting in Collective Stopping Netherlands, [email protected]), Arkadi Games Predtetchinski (Maastricht University, The Netherlands)
Alexei Zakharov (Higher School of Economics, Russia, An Experiment on Platform Se- [email protected]), Todd Kaplan (University of lection under Probabilistic Voting Haifa & University of Exeter, Israel & UK)
Todd Kaplan (University of Haifa & University of Exeter, The Benefits of Costly Voting Israel & UK, [email protected]), Surajeet Chakravarty (University of Exeter, UK), Gareth Myles (University of Exeter, UK)
45 Tuesday, July 23, 2013, 5:00-7:00 toPics in international traDe Organizer: Costas Arkolakis, Chair: Arnaud Costinot Room: L106
Presenter Title Peter Neary (University of Oxford, UK, peter.neary@ Not so Demanding: Preference economics.ox.ac.uk), Monika Mrázová (University of Structure, Firm Behavior, and Surrey and Centre for Economic Performance, UK) Welfare
Thierry Mayer (Sciences-Po, France, thierry.mayer@ Gravity without Pareto sciences-po.fr), Keith Head (University of British Colum- bia, Canada)
Jonathan Eaton (Penn State, USA, [email protected]), Firm-to-Firm Trade: Imports, Francis Kramarz (CREST-ENSAE, France), Samuel Kortum Exports, and the Labor Market (Yale University, USA), Raul Sampognaro (Paris School of Economics, France)
Arnaud Costinot (MIT, USA, [email protected]), D. How Large Are the Gains from Donaldson (MIT, USA) Economic Integration: Theory and Evidence from U.S. Agricul- ture, 1880-2002
economics oF science anD logic Organizer: Alvaro Sandroni Room: L218
Presenter Title Daniel L. Chen (ETH Zurich, Switzerland, chendan@ethz. Social Preferences or Sacred ch), Martin Schonger (ETH Zurich, Switzerland) Values? Theory and Evidence of Deontological Motivations
Luciano Pomatto (Northwestern University, USA, Induction, Falsification and [email protected]), Nabil Al-Najjar (North- Meaningful Empirical Analysis western University, USA), Alvaro Sandroni (Northwest- ern University, USA)
Federico Echenique (Caltech, USA, [email protected]. Generalized Revealed Preference edu), Eran Shmaya (Northwestern University, USA), Theory Chris Chambers (University of California San-Diego, USA)
Álvaro José Riascos Villegas (Universidad de los Andes, Games in Logic Colombia , [email protected])
46 Tuesday, July 23
Dynamic contracts Organizer: Tim Worrall Room: L105
Presenter Title Suehyun Kwon (University College London, UK, sue- Relational Contracts in a Persis- [email protected]) tent Environment
Cheng Wang (Fudan University & Iowa State Univer- Equilibrium Matching and Ter- sity, China & USA, [email protected]), Youzhi Yang mination (Shanghai University of Finance and Economics, China)
Marcus Opp (University of California at Berkeley, USA, Impatience vs. Incentives [email protected]), John Y Zhu (University of Pennsylvania, USA)
Emilio Espino (Universidad Torcuato Di Tella, Argentina, Too Big to Cheat: Efficiency and [email protected]), Julian Kozlowski (New York Univer- Investment in Partnerships sity, USA), Juan M. Sanchez (Federal Reserve Bank of St Louis, USA)
all Pay auctions anD contests Organizer: David Wettstein Room: L213
Presenter Title Bettina Klose (University of Zurich, Swit- Auctioning Risk: The All-Pay Auction under zerland, [email protected]), Paul Mean-Variance Preferences Schweinzer (University of York, UK)
Aner Sela (Ben-Gurion University, Israel, Common-Value All-Pay Auctions with Asym- [email protected]), Ezra Einy (Ben-Gurion metric Information University, Israel), Ori Haimanko (Ben- Gurion University, Israel), Ram Orzach (Oakland University, USA)
Ron Siegel (Northwestern University, USA, Large Contests [email protected]), Wojciech Olszewski (Northwestern University, USA)
David Wettstein (Ben-Gurion University, Innovation Contests Israel, [email protected]), David Pérez- Castrillo (Universitat Autònoma de Barcelona and Barcelona GSE, Spain)
47 Tuesday, July 23 government, institutions anD accountability Organizer: Cecilia Testa Room: 108/118
Presenter Title Daniel Seidmann (University of Nottingham, UK, daniel. Bargaining Over an Endogenous [email protected]) Agenda
Ruben Durante (Sciences Po, France, ruben@rubendu- Political Participation @ the Time rante.net) of Broadband: Evidence from Italy
Galina Zudenkova (University of Mannheim, Germany, A Rationale for Decentralized [email protected]) Political Parties
Santiago Oliveros (Royal Holloway University of London, Optimal Test Choice Anticipating UK, [email protected]) Future Information
bargaining, traDing anD learning Organizer: Johannes Hörner Room: L102
Presenter Title Penelope Hernandez (University of Valencia, Spain, Leadership and Peer Effects in an [email protected]) Organization
Nenad Kos (Bocconi University, Italy, nenad.kos@uni- Information in Tender Offers With bocconi.it), Mehmet Ekmekci (Northwestern University, a Large Shareholder USA)
Dino Gerardi (Collegio Carlo Alberto, Italy, dino. A Theory of Slow Trading in [email protected]), Lucas Maestri (Toulouse Bargaining School of Economics, France)
Johannes Hörner (Yale University, USA, johannes. Supervised Social Learning [email protected]), Yeon-Koo-Che (Columbia University, USA)
48 Tuesday, July 23 ambiguous belieFs anD risk neutral valuation Organizer: José Heleno Faro Room: L101
Presenter Title Simone Cerreia-Vioglio (Università Bocconi, Italy, Put-Call Parity and Market [email protected]), Fabio Maccheroni Frictions (Università Bocconi, Italy), Massimo Marinacci (Università Bocconi, Italy)
Alain Chateauneuf (University of Paris I, France, cha- Pricing Securities by Non-Addi- [email protected]), Bernard Cornet (University of tive Risk-Neutral Probabilities Paris I, France)
Johannes Gierlinger (Universitat Autònoma de Betting under Subjective Barcelona, Spain, [email protected]) Uncertainty
José Heleno Faro (Insper Institute of Education and Ambiguous Pricing and Financial Research, Brazil, [email protected]), Aloisio Araujo Market Imperfections (IMPA & FGV, Brazil), Alain Chateauneuf (University of Paris I, France)
toPics in economic theory ii Organizer: David K. Levine Room: L224
Presenter Title Luciano de Castro (Northwestern University, USA, Comparative Statics and [email protected]) Monotonic Selections
Evangelia Chalioti (University of Illinois at Urbana- Team Members’ Ability Matters Champaign, USA, [email protected]) for Career Concerns
Aaron Bodoh-Creed (Cornell University, USA, acreed@ Conversations About Type: cornell.edu), Ned Augenblick (University of California Privacy, Grammars and Taboos Berkeley, USA)
David K. Levine (Washington University-St. Louis, USA, Peer Discipline and the Strength [email protected]), Salvatore Modica (University of of Organizations Palermo, Italy, [email protected])
49 Tuesday, July 23 exPerimental macroeconomics Organizer: Daniela Puzzello Room: L107
Presenter Title Sebastien Pouget (University of Toulouse, France, Learning to Speculate [email protected]), Jieying Hong (Toulouse School of Economics, France), Sophie Moinas (University of Toulouse 1, France)
Janet Jiang (Bank of Canada, Canada, jjiang@bank- Eliminating Asset Bubbles in the banque-canada.ca), Giovanni Giusti (Pompeu Fabra Laboratory University, Spain), Yiping Xu (University of International Business and Economics, China)
Jasmina Arifovic (Simon Fraser University, Canada, Experimental Evidence of Bank [email protected]), Janet Jiang (Bank of Canada, Canada) Runs as Pure Coordination Failures: Do Sunspots Matter
Giovanni Giusti (Pompeu Fabra University, Spain, Recreating the “Mother of all [email protected]), Noussair Charles (Tilburg Bubbles”: Lessons from an University, The Netherlands), Voth Hans-Joachim Experiment in Financial History (Pompeu Fabra University & CREi, Spain)
50 Wednesday, July 24, 2013, 9:30-11:30 inDustrial economics anD internet Organizer: Roberto Burguet Room: L218
Presenter Title Wen-Chung Guo (National Taipei University, Taiwan, Prices, Locations, and Welfare in [email protected]), Fu-Chuan Lai (Academia Sinica, the Competition between Online Taiwan) and Brick-and-Mortar Retailers
Emilio Calvano (Bocconi University, Italy, emilio. Either or Both Competition: [email protected]), Attila Ambrus (Duke University, A “Two-sided” Theory of USA), Markus Reieinger (Otto Beisheim School of Advertising with Overlapping Management, Germany) Viewerships
Doh-Shin Jeon (Toulouse School of Economics, France, News Aggregators and [email protected]), Nikrooz Nasr Esfahani (Tou- Competition Among Newspapers louse School of Economics, France) in the Internet
Ramon Caminal (Institute for Economic Analysis & In Google We Trust Barcelona GSE, Spain, [email protected]), Roberto Burguet (Institute for Economic Analysis & Barcelona GSE, Spain), Matthew Ellman (Institute for Economic Analysis & Barcelona GSE, Spain)
inFormational Dynamics in Financial markets Organizer: Bart Taub Room: L102
Presenter Title Alex Boulatov (HSE Moscow, Russia, a_boulatov@ Strategic Market Games yahoo.com)
Albina Danilova (LSE, UK , [email protected]) Risk Aversion of Market Makers and Asymmetric Information
Bart Taub (Durham University, UK, bart.taub@durham. Liquidity and the Marginal Value ac.uk) of Information
Shino Takayama (University of Queensland, Australia, Price Manipulation and [email protected]) Multiple Equilibria: Theory and Computation
51 Wednesday, July 24 macroeconomy with Distortions, Frictions or incomPlete markets i Organizer: Ping Wang Room: 108/118
Presenter Title B. Ravikumar (Federal Reserve Bank of St. Louis, USA, Unemployment Insurance Fraud [email protected]), David L. Fuller (Concordia and Optimal Monitoring University and CIREQ, Canada), Yuzhe Zhang (Texas A&M University, USA)
Yongseok Shin (Washington University in St. Louis, USA, The Option Value of Human [email protected]), Donghoon Lee (Federal Reserve Capital Bank of New York, USA), Sang Yoon Lee (University of Mannheim, Germany)
Ping Wang (Washington University in St. Louis, USA, Inflation Targeting and Inter- [email protected]), Juin-jen Chang (Academia Si- national Trade in a Dynamic nica, Taiwan), Wen-ya Chang (Fujen Catholic University, Heckscher-Ohlin Monetary Taiwan), Hsueh-fang Tsai (Fujen Catholic University, Economy Taiwan)
Chong K. Yip (Chinese University of Hong Kong, Hong Balanced-Budget Rules and Kong, [email protected]), Jianpo Xue (Renmin Aggregate Instability: The Role University of China, China) of Consumption Taxes in a Mon- etary Economy
symPosium on moDels oF Debt crises i Organizer: Timothy J. Kehoe, Chair: Cristina Arellano Room: L106
Presenter Title Timothy J. Kehoe (University of Minnesota & FRB Min- Costly Reforms and Self-Fulfilling neapolis, USA, [email protected]), Juan Carlos Conesa Crises (Universitat Autònoma de Barcelona, Spain)
Márcia Leon (Banco Central Brazil, Brazil, marcia.leon@ Debt Renegotiation and Welfare bcb.gov.br), Aloisio P. Araujo (F Getulio Vargas and in Trade Blocks IMPA, Brazil), Fernando Barros (F Getulio Vargas, Brazil), Diego Santiago (F Getulio Vargas, Brazil)
Jorge Alonso-Ortiz (ITAM, Mexico, jorge.alonso@itam. Defaults and TFP: Endogenous mx), Esteban Colla (Universidad Panamericana, Mexico), Financial Risk José-María Da-Rocha (ITAM and University of Vigo, Mexico & Spain)
Balázs Muraközy (CERS-HAS, Hungary, murakozy@ Trade Frequency During the econ.core.hu), Gábor Békés CERS-HAS, Hungary), Lionel Great Recession: Evidence from Fontagné (PSE-Paris 1, France), Vincent Vicard (Banque French Monthly Data de France, France)
52 Wednesday, July 24 Dynamic equilibrium theories anD oPtimal growth Organizer: Robert A. Becker Room: L107
Presenter Title Juan Pablo Rincon-Zapatero (Universidad Carlos III de Aggregator Characterization of Madrid, Spain, [email protected]) Implicitly Additive Utility: Conse- quences for Optimal Growth
Emmanuelle Augeraud-Veron (Universite de La Stability and Indeterminacy of Rochelle, France, [email protected]), Equilibrium Paths Characterized Hippolyte d’Albis (Paris School of Economics, France), by Differential Equations with HJ Hupkes (Leiden University, Netherlands) Delay and Advance
Ram Sewak Dubey (Montclair State University, USA, On Ramsey Equilibrium: Capital [email protected]), Robert A. Becker (Indi- Ownership Pattern and Inef- ana University, USA), Tapan Mitra (Cornell University, ficiency USA)
Gerhard Sorger (University of Vienna, Austria, On Ramsey’s Conjecture [email protected]), Tapan Mitra (Cornell University, USA)
social choice anD cooPerative game theory i Organizer: Youngsub Chun Room: L101
Presenter Title Alan D. Miller (University of Haifa, Israel, admiller@ A Behavioral Arrow Theorem econ.haifa.ac.il), Shiran Rachmilevitch (University of Haifa, Israel)
Shurojit Chatterji (Singapore Management Univer- Random Dictatorship Domains sity, Singapore, [email protected]), Arunava Sen (Indian Statistical Institute, India), Huaxia Zeng (Singapore Management University, Singapore)
Chun-Hsien Yeh (Academia Sinica, Taiwan, chyeh@ Bilateral Consistency and econ.sinica.edu.tw) Converse Consistency in Axiomatizations and Implementations of the Nucleolus
Youngsub Chun (Seoul National University, South Demand Operators and the Korea, [email protected]), Chang-Yong Han (Seoul Dutta-Kar Rule for Minimum Cost National Univesrity, South Korea), Bawoo Kim (KIET, Spanning Tree Problems South Korea)
53 Wednesday, July 24 toPics in inFormation, Dynamics anD contracts Organizer: Pierre Fleckinger Room: L105
Presenter Title Simon Board (UCLA, USA, [email protected]), A Reputational Theory of Firm Moritz Meyer-ter-Vehn (UCLA, USA) DynamicsMoritz Meyer-ter-Vehn
Eugen Kovac (University of Bonn, Germany, eugen. Optimal Sequential Delegation [email protected]), Daniel Krähmer (University of Bonn, Germany)
Lucas Maestri (TSE, France, [email protected]), The Ratchet-Effect Implies No Dino Gerardi (Collegio Carlo Alberto, Italy) Learning: Dynamic Contracting without Commitment
Tomasz Sadzik (UCLA, USA, [email protected]) Insider Trading with Multidimensional Information
over-the-counter market Design Organizer: Marzena Rostek Room: L213
Presenter Title Gabor Virag (University of Toronto, Canada, gabor. Learning and Price Discovery in a [email protected]), Wolfram Merzyn (Deutsche Bahn Search Model AG, Germany), Stephan Lauermann (University of Michigan, USA)
Mehmet Ekmekci (Northwestern Unviersity, USA, Information Revelation and [email protected]), Nenad Kos Efficiency in Takeovers (Bocconi University, Italy)
Romans Pancs (University of Rochester, USA, rpancs@ Comparing Market Structures: gmail.com) Allocative and Informational -Ef ficiencies of Continuous Trading, Periodic Auctions, and Dark Pools
Marzena Rostek (University of Wisconsin-Madison, Decentralized Market Design USA, [email protected]), Semyon Malamud (EPFL, Switzerland)
54 Wednesday, July 24 ePistemic issues in game theory Organizer: Giacomo Bonanno Room: L224
Presenter Title Pierpaolo Battigalli (Bocconi University, Italy, pierpaolo. Transparent Restrictions on [email protected]), Andrea Prestipino (New York Beliefs and Forward-Induction University, USA) Reasoning
Elias Tsakas (Maastricht University, The Netherlands, Local Forward Induction [email protected]), Andres Perea ( Reasoning Maastricht University, The Netherlands)
Byung Soo Lee (University of Toronto, Canada, byung- Conditional Preference [email protected]) Hierarchies
Giacomo Bonanno (University of California Davis, USA , Rationality in Dynamic Games [email protected])
toPics in economic theory Organizer: Nicholas Yannelis, Chair: Rabee Tourky Room: L103
Presenter Title Valeriy M. Marakulin (Sobolev Institute of Mathematics, DI-economies: Contracts, Russian Academy of Sciences, Russia, marakul@math. Incentive Compatibility and nsc.ru) Learning under Maximin Preferences
Mihai Manea (MIT, USA, [email protected]) Intermediation in Networks
Nicholas C. Yannelis (University of Iowa and University Discontinuous Games with of Manchester, USA & UK, nicholasyannelis@gmail. Asymmetric Information com), Wei He (National Singapore University, Singa- pore)
Rabee Tourky (Australian National University, Australia, Savage Games [email protected])
55 Wednesday, July 24, 2013, 2:30-4:30
suPermoDular games anD aPPlications Organizer: Rabah Amir Room: L218
Presenter Title Ina Taneva (University of Texas-Austin, USA, ina_ta- Finite Supermodular Design with [email protected]) Interdependent Valuations
Tarun Sabarwal (University of Kansas, USA, sabarwal@ Games with Strategic Heteroge- ku.edu ) neity
Malgorzata Knauff (Warsaw School of Economics, Transparency and Bertrand Poland, [email protected]) competition
Rabah Amir (University of Iowa, USA, rabah-amir@ Comparative Statics of Equilib- uiowa.edu) rium Points
Financial Friction anD overlaPPing generations Organizers: Takashi Kamihigashi & Cuong Le Van, Chair: Takashi Kamihigashi Room: L102
Presenter Title Tomoo Kikuchi (National University of Singapore, Sin- Saving Boost in a Bubbly Econo- gapore, [email protected]), Masaya Sakuragawa (Keio my with Financial Friction Univeristy, Japan)
Tarishi Matsuoka (Tokyo Metropolitan University, Japan, Bank Panics and Volatility of [email protected]) Asset Prices
Lise Clain-Chamosset-Yvrard (GREQAM, France, lise. Could Monetary or Fiscal Policy [email protected]), Thomas Seeg- Stabilize Expectation-Driven muller (CNRS, GREQAM, France) Bubble Fluctuations?
Jean-Pierre Drugeon (CNRS, PSE, France, jpdrug@univ- On Temptation, Temperance & paris1.fr) the Ramsey Conjecture
56 Wednesday, July 24
macroeconomy with Distortions, Frictions or incomPlete markets ii Organizer: Ping Wang, Chair: B. Ravikumar Room: 108/118
Presenter Title YiLi Chien (Federal Reserve Bank of Saint Louis, USA, Heterogeneous Belief, Macro- [email protected]), Harold Cole (University of Penn- economic Dynamics and Asset sylvania, USA), Hanno Lustig (UCLA, USA) Pricing
Roman Sustek (University of Southampton, UK, ro- Mortgages and Monetary Policy [email protected]), Finn Kydland (University of California-Santa Barbara, USA), Carlos Garriga (Federal Reserve Bank of Saint Louis, USA)
Latchezar Popov (University of Virginia, USA, lpopov@ Enduring Relationships in an virginia.edu), Aubhik Khan (Ohio State University, USA), Economy with Capital and Private B. Ravikumar (Federal Reserve Bank of St. Louis, USA) Information
Burak R. Uras (Tilburg University, Netherlands, Design for Manufacturability: [email protected]) Production Flexibility and Factor Substitutability
symPosium on moDels oF Debt crises ii Organizer: Herakles Polemarchakis, Chair: Timothy J. Kehoe Room: L106
Presenter Title Nikos Christodulakis (AUEB, Greece, [email protected]) Recessionary Policies and the Role of Fiscal Multipliers During Crises
V. Filipe Martins-da-Rocha (FGV and CNRS, Brazil & Reputation Debt and the Role of France, [email protected]), Yannis Vailakis (Univer- Interest Rates sity of Glasgow, UK)
Ayse Imrohoroglu (University of Southern California, Debt in the US Economy USA [email protected]), Kaiji Chen (Emory University, USA)
Herakles Polemarchakis (University of Warwick, UK, Public Debt [email protected])
57 Wednesday, July 24 Dynamic mechanisms Organizer: Ludovic Renou Room: L107
Presenter Title Subir Bose (University of Leicester, UK, [email protected]. Mechanism Design with Ambigu- uk), Ludovic Renou (University of Essex, UK) ous Communication Devices
Tristan Tomala (HEC, France, [email protected]), Ludovic Approximate Implementation Renou (University of Essex, UK)
Simone Galperti (Northwestern University, USA), Commitment, Flexibility, and [email protected]) Optimal Screening of Time Inconsistency
Julien Prat (CREST, France, [email protected]), Boyan Dynamic Contracts when Agent’s Jovanovic (New York University, USA) Quality is Unknown
social choice anD cooPerative game theory ii Organizer: Youngsub Chun, Chair: Biung-Ghi Ju Room: L101
Presenter Title Shiran Rachmilevitch (University of Haifa, Israel, shiran- Independence, monotonicity, [email protected]) Kalai, Smorodinsky, and Nash
Manipushpak Mitra (Indian Statistical Institute, India, Reordering an Existing Queue [email protected]), Youngsub Chun (Seoul National University, South Korea), Suresh Mutuswami (Univer- sity of Leicester, UK)
Michele Gori (Universita degli Studi di Firenze, Italy, Anonymous and Neutral Majority [email protected]), Daniela Bubboloni (Universita Rules degli Studi di Firenze, Italy)
Biung-Ghi Ju (Seoul National University, South Korea, Choosing Tax Schemes under a [email protected]), Juan D. Moreno-Ternero (Universidad Veil of Ignorance Pablo de Olavide, Spain)
58 Wednesday, July 24 macroeconomic Dynamics i Organizer: Jang-Ting Guo, Chair: Sharon Harrison Room: L105
Presenter Title Yunfang Hu (Tohoku University, Japan, yhu@intcul. Fiscal Policy, Home Production tohoku.ac.jp), Kazuo Mino (Kyoto University, Japan) and Growth Dynamics
Teresa Lloyd-Braga (Universidade Catolica Portuguesa, The Dynamics of Redistributive Portugal, [email protected]), Rodolphe Dos Santos Policies under Workers’ Social Ferreira (Université de Strasbourg, France), Leonor Norms Modesto (Universidade Catolica Portuguesa, Portugal)
Yoichi Gokan (Ritsumeikan University, Japan, y-gokan@ Balanced Budget, Patterns of ec.ritsumei.ac.jp) Aggregate Fluctuations and an Overlapping Generations Model with Externalities
Sharon Harrison (Columbia University, USA, sh411@ Indeterminacy with Progressive columbia.edu), Jang-Ting Guo (University of California, Taxation and Sector-Specific Riverside, USA) Externalities
social anD economic networks i Organizers: Matt Elliott & Ben Golub, Chair: Matt Elliott Room: L213
Presenter Title Francesco Nava (LSE, UK, [email protected]), Matt Elliott Bargaining and Commitment in (Caltech, USA) Assignment Economies
Yann Bramoulle (Aix-Marseille University & Laval, Altruism in Networks France & Canada), [email protected]), Renaud Bourlès (École Centrale de Marseille, France)
Kostas Bimpikis (Stanford University, USA, kostasb@ Competing in Networks stanford.edu)
Ben Golub (MIT, USA, [email protected]) Strategic Random Networks and Tipping Points in Network Formation
59 Wednesday, July 24 toPics in economic theory iii Organizer: Nicholas Yannelis, Chair: Theodoros Diasakos Room: L224
Presenter Title Robert Routledge (University of Liverpool, UK, Information, Uncertainty and [email protected]) the Core
Craig Webb (University of Manchester, UK, craig. Discounting the Subjective [email protected]), Jinrui Pan (University of Present and Future Manchester, UK), Horst Zank (University of Manchester, UK)
Konstantinos Serfes (Drexel University, USA, ks346@ The Market for Venture Capital: drexel.edu), Suting Hong (Drexel University, USA), Entry, Competition, and the Veikko Thiele (Queen’s University, Canada) Survival of Start-Up Companies
Theodoros Diasakos (University of St. Andrews, UK, Optimal Myopia: An Axiomatic [email protected]) Approach to Bounded Rationality
Wednesday, July 24, 2013, 5:00-7:00
game theoretic aPPlications Organizer: Rabah Amir Room: L218
Presenter Title Faye Diamantoudi (Concordia University, Canada, dia- Subsidies, Emissions, and Social [email protected]) Welfare in General Equilibrium with Imperfect Competition
Adriana Gama (University of Iowa, USA, adriana-gama- On Oligopoly with Perfect [email protected]), Rabah Amir (University of Iowa, Complements and Cournot USA) Oligopoly
Piin-hueih Chiang (University of Texas-Austin, USA, Identification in a Duopoly: A [email protected]) Real Options Approach
Husnain Fateh Ahmad (University of Iowa, USA, Existence of Equilibrium [email protected]) in Bayesian Games with Endogenous Expectations
60 Wednesday, July 24
Financial markets with collateral constraints Organizer: Piero Gottardi Room: L102
Presenter Title Ana Fostel (George Washington University, USA, afos- Leverage and Default in Binomial [email protected]), J. Geanakoplos (Yale University, USA) Economies: A Complete Characterization
Johannes Brumm (University of Zurich, CH, jo.brumm@ Collateral Requirements and gmail.com), M. Grill (University of Zurich, CH), F. Kubler Asset Prices (University of Zurich, CH), K. Schmeddersr (University of Zurich, CH)
Wei Cui (Princeton University, USA, weicui@Princeton. Delayed Capital Reallocation EDU)
Piero Gottardi (European University Institute, Italy, Dynamic Competitive Economies [email protected]), Felix Kubler (University of with Complete Markets and Zurich, CH) Collateral Constraints
Dynamic stochastic games with aPPlications in oligoPoly anD Public gooD Provision Organizer: Frank Riedel Room: 108/118
Presenter Title Marco Battaglini (Princeton University, USA, mbattagl@ Dynamic Free Riding with princeton.edu), T. Palfrey (Caltech, USA), S. Nunnari (UC Irreversible Investments San Diego, USA)
Engelbert J. Dockner (WU Vienna, Austria, engelbert. Dynamic Stochastic Investment [email protected]), Richard Kiener (WU Vienna, Games Austria)
Jan-Henrik Steg (Bielefeld University, Germany, jsteg@ Stochastic Timing Games - uni-bielefeld.de), Frank Riedel (Bielefeld University, With Applications to Strategic Germany), Jacco Thijssen (York University, Canada) Investment
Svetlana Boyarchenko (University of Texas at Austin, Strategic Entry under Ambiguity USA, [email protected]), Sergey Levendorskiy (University of Leicester, UK)
61 Wednesday, July 24 symPosium on moDels oF Debt crises iii Organizer: Cristina Arellano, Chair: Herakles Polemarchakis Room: L106
Presenter Title Mark L. J. Wright (UCLA & FRB Chicago, USA, Holdout Creditors and Delays in [email protected]), Rohan Pitchford (Australian Sovereign Debt Restructuring National University, Australia)
Cristina Arellano (FRB Minneapolis, USA, arellano.cris- Fiscal Austerity During Debt [email protected]), Yan Bai (University of Rochester, USA) Crises
Ronald Rühmkorf (University of Bonn, Germany, Sovereign Borrowing, Financial [email protected]), Florian Kirsch (University of Assistance, and Debt Repudiation Bonn, Germany)
Patrick J. Kehoe (University of Minnesota & FRB Pecuniary Externalities in Interna- Minneapolis, USA, [email protected]), Elena tional Borrowing Pastorino (University of Minnesota & FRB Minneapolis, USA)
Dynamic Programming Organizer: Juan Pablo Rincon-Zapatero, Chair: Yiannis Vailakis Room: L107
Presenter Title Carlo Strub (University of St. Gallen, Switzerland, cs@ A General and Intuitive Envelope carlostrub.ch), Andrew Clausen (The University of Theorem Edinburgh, UK)
Christopher Sleet (Carnegie Mellon University, USA), Contractive Dual Methods for [email protected]), Matthias Messner (Bocconi Incentive Problems University, Italy), Nicola Pavoni (Bocconi University, Italy)
Yifan (Anovia) Dai (University of Iowa, USA, anovia. Stochastic Orders in Economic [email protected]) Dynamics
Yiannis Vailakis (University of Exeter, UK, Y.Vailakis@ Dynamic Programming in Models exeter.ac.uk) with Limited Commitment
62 Wednesday, July 24 toPics in game theory anD aPPlications Organizer: Subir K. Chakrabarti, Chair: Robert Becker Room: L101
Presenter Title Iryna Topolyan (Mississippi State University, USA, it76@msstate. On the Existence and edu), Subir K. Chakrabarti (IUPUI, USA) Characterization of Sequential Equilibrium for Finite and General Sequential Games
Peter Streufert (University of Western Ontario, Canada, pstreuf@ Consistent Assess- uwo.ca) ments in Sequential Games
Chengsi Wang (University of Mannheim, Germany, chewang@mail. A Dynamic Rationale uni-mannheim.de), Galina Zudenkova (University of Mannheim, for Individual Germany) Provision of Public Goods
Subir K. Chakrabarti (IUPUI, USA, [email protected]) Pure Strategy Markov Equilibrium in Stochastic Games
risk anD Fairness Organizers: Marc Fleurbaey & Stéphane Zuber, Chair: Marc Fleurbaey Room: L105
Presenter Title Takashi Hayashi (University of Glasgow, UK, Takashi. Consistent Updating of Social [email protected]) Welfare Functions
Marcus Pivato (Trent University, Canada), Ranking Multidimensional [email protected]), Philippe Mongin (Centre Alternatives and Uncertain National de la Recherche Scientifique & HEC, France) Prospects
Eric Danan (THEMA, Université de Cergy-Pontoise, Harsanyi’s Aggregation Theorem France, [email protected]), Thibault Gajdos with Incomplete Preferences (GREQAM, CNRS, Aix-Marseille University, France), Jean-Marc Tallon (Paris School of Economics, Université Paris 1 Panthéon-Sorbonne, CNRS, France)
Stéphane Zuber (CERSES, Université Paris Descartes and Risk and Fairness in Economic CNRS, France, [email protected]), Marc Environments Fleurbaey (Princeton University, USA)
63 Wednesday, July 24 social anD economic networks ii Organizers: Matt Elliott & Ben Golub, Chair: Ben Golub Room: L213
Presenter Title Brian Rogers (MEDS Kellogg, USA, b-rogers@kellogg. Cooperation in Anonymous northwestern.edu) Dynamic Social Networks
Anja Prummer (European University Institute, Italy, More Versus Closer Friends: How [email protected]) Gender Shapes Social Networks and Their Effects on Performance
Alireza Tahbaz-Salehi (Columbia University, USA, Rate of Information Aggregation [email protected]), Pooya Molavi (University in Social Networks of Pennsylvania, USA), Ali Jadbabaie (University of Pennsylvania, USA)
Matt Elliott (Caltech, USA, [email protected]) Measuring Social Returns on Investment without Transferable Utility
toPics in economic theory iv Organizer: Nicholas Yannelis, Chair: Peter Hammond Room: L224
Presenter Title Zhiwei Liu (University of Illinois at Urbana-Champaign, Ambiguous Implementation USA, [email protected]), Nicholas Yannelis (University of Iowa & University of Manchester, USA & UK)
Lionel de Boisdeffre (University of Paris 1, France, Arbitrage and Price Revelation [email protected]) with Private Beliefs
Patrick Beissner (University of Bielefeld, Germany, Endogenously Incomplete [email protected]), Frank Riedel (Univer- Markets in Continuous-Time sity of Bielefeld, Germany) Finance
Peter Hammond (University of Warwick, UK, Characterizing the Constrained [email protected]) Pareto Efficiency Properties of Dynamic Stochastic General Equilibrium
64 Thursday, July 25, 2013, 9:00-11:00 ambiguity, Decisions anD games i Organizer: Simon Grant, Chair David Kelsey Room: L106
Presenter Title Jürgen Eichberger (University of Heidelberg, Germany, How to View Multiple Sources of [email protected]), Jörg Ambiguity Oechssler (University of Heidelberg, Germany), Wende- lin Schnedler (University of Paderborn, Germany)
Adam Dominiak (Virginia Tech, USA, [email protected]) Two-Person Signaling Games with Non-Additive Beliefs
Tigran Melkonyan (University of Exeter, UK, Contests with Ambiguity [email protected]), David Kelsey (University of Exeter, UK)
David Kelsey (University of Exeter, UK, D.Kelsey@exeter. Randomization and Dynamic ac.uk), Jürgen Eichberger (University of Heidelberg, Consistency Germany), Simon Grant (University of Queensland, Australia)
Financial markets i Organizer: Igor Livshits Room: L213
Presenter Title Seth Neumuller (UCLA, USA, seth.neumuller@ucla. Endogenous Credit Booms and edu), Matthew Luzzetti (UCLA, USA) Busts: Learning in a Model of Consumer Default
Venky Venkateswaran (NYU Stern , USA, vvenkate@ Fiat Money and Endogenous gmail.com), Saki Bigio (Columbia University, USA) Liquidity
Benjamin Lester (Federal Reserve Bank of Philadelphia, Subsidizing Price Discovery USA [email protected]), Braz Camargo (São Paolo School of Economics - FGV, Brazil), Kyungmin Kim (University of Iowa, USA)
Igor Livshits (University of Western Ontario, Canada, Screening as a Unified Theory of [email protected]), Natalia Kovrijnykh (Arizona State Delinquency, Renegotiation and University, USA) Bankruptcy
65 Thursday, July 25 game theory anD aPPlications Organizer: Klaus Ritzberger Room: L101
Presenter Title Surajeet Chakravarty (University of Exeter, UK, Ambiguity and Accident Law [email protected]), David Kelsey (University of Exeter, UK)
Johannes Kern (University of Cologne, Germany, jo- Rock, Paper, Scissory, Lizard, [email protected]) Spock: Equilibria in Circulant Games
Michael Greinecker (University of Innsbruck, Austria, A Generalization of Kuhn’s [email protected]), Klaus Ritzberger Theorem (Institute for Advanced Studies, Vienna, Austria)
Klaus Ritzberger (Institute for Advanced Studies, Aus- Characterizing Existence of tria, [email protected]), Carlos Alós-Ferrer (University of Equilibrium for Large Extensive Cologne, Germany) Form Games
Discontinuous games Organizer: Richard P. McLean Room: 108/118
Presenter Title Vincenzo Scalzo (Universita di Napoli Federico II, Italy, Essential Equilibria of Discontinu- [email protected]) ous Games
Oriol Carbonell-Nicolau (Rutgers University, USA, On the Existence of Equilibrium [email protected]), Richard P. McLean in Bayesian Games (Rutgers University, USA)
Pavlo Prokopovych (Kyiv School of Econonomics and On The Existence of Mixed Strat- Kyiv Economics Institute, Ukraine, pprokopo@gmail. egy Equilibria com), Nicholas Yannelis (University of Iowa & University of Manchester, USA & UK)
Richard P. McLean (Rutgers University, USA, rpmclean@ On the Existence of Pure Strategy rci.rutgers.edu), Oriol Carbonell-Nicolau (Rutgers Perfect Equilibrium in Potential University, USA) Games
66 Thursday, July 25 comPutational economics Organizer: Felix Kubler Room: L107
Presenter Title Zhigang Feng (University of Illinois, Urbana-Champaign, Time Consistent Optimal Fiscal USA, [email protected]) Policy Over the Business Cycle
Che-Lin Su (University of Chicago, USA, che-lin. Estimating Dynamic Discrete- [email protected]), Michael Egesdal (Harvard Choice Games of Incomplete University, USA), Zhenyu Lai (Harvard University, USA) Information
Felix Kubler (University of Zurich, Switzerland, fkubler@ Using Negishi’s method to solve gmail.com), Johannes Brumm (University of Zurich, OLG models Switzerland)
coorDination anD Dynamic games Organizer: Takako Fujiwara-Greve Room: L218
Presenter Title Masaki Aoyagi (Osaka University, Japan, aoyagi@iser. Price Competition Over a Buyer osaka-u.ac.jp) Network
Takuo Sugaya (Stanford University, USA, Sugaya_ The Folk Theorem in Repeated [email protected]), Yuichi Yamamoto (Univer- Games with Individual Private sity of Pennsylvania, USA) Learning
Satoru Takahashi (National University of Singapore, Nash Bargaining: The Continuous Singapore, [email protected]), Prajit K. Dutta (Columbia Case University, USA)
Takako Fujiwara-Greve (Keio University, Japan, Inspecting Cartels [email protected]), Yosuke Yasuda (GRIPS, Japan)
67 Thursday, July 25 international Financial markets anD intertemPoral equilibrium Organizers: Takashi Kamihigashi & Cuong Le Van, Chair: Cuong Le Van Room: L105
Presenter Title Stefano Bosi (University of Evry, EPEE, France, sbosi@ Equilibrium Existence in the univ-evry.fr), Patrice Fontaine (CNRS, France), Cuong Le International Assets and Goods Van (IPAG Business School, CNRS, PSE, France) Markets
Tomohiro Hirano (University of Tokyo, Japan, tomohih@ Globalization and Asset Bubbles gmail.com), Noriyuki Yanagawa (University of Tokyo, Japan)
Shigeto Kitano (Kobe University, Japan, kitano@rieb. The Potential Welfare Benefit kobe-u.ac.jp), Yoichi Matsubayashi (Kobe University, of Capital Controls: The Case of Japan) Korea
Ngoc-Sang Pham (CES, University Paris 1, France, pns. Intertemporal Equilibrium With [email protected]), Cuong Le Van (IPAG Business Physical Asset and Financial School, CNRS, PSE, France) Asset
Public economics anD networks Organizer: Nizar Allouch Room: L102
Presenter Title Bryony Reich (University College London, UK, b.reich@ Culture, Community and ucl.ac.uk) Segregation
Tim Hellmann (Bielefeld University, Germany, tim. On Stable Networks in [email protected]) Homogeneous Societies
Jonathan Newton (University of Sydney, Australia, Coalitions, Tipping Points and the [email protected]), Simon D. Angus Speed of Evolution (Monash University, Australia)
Nizar Allouch (Queen Mary, University of London, Common-Pool Networks UK, [email protected]), Maia King (Queen Mary, University of London, UK)
68 Thursday, July 25
Financial economics ii Organizer: Anne Villamil Room: L224
Presenter Title Ying-Syuan Li (Fu-Jen Catholic University, Taiwan, ysli@ Productivity, Credit Constraints mail.fju.edu.tw), Yiting Li (National Taiwan University, and Monetary Policy Taiwan)
Baruch Gliksberg (University of Haifa, Israel, baruchg@ Monetary Policy and Fiscal Limits econ.haifa.ac.il) with No-Default
Galina Vereshchagina (Arizona State University, USA, The Role of Entrepreneurial [email protected]) Wealth in Team Formation
Anne Villamil (University of Illinois & University of Man- The Effects of Credit Subsidies on chester, USA & UK, [email protected]), Antonio Development Antunes (Bank of Portugal, Portugal), Tiago Cavalcanti (University of Cambridge, UK)
moDeling a monetary economy: microeconomic FounDations Organizer: Ross M. Starr Room: L103
Presenter Title Alessandro Gioffre’ (University of Basel and University A Repeated Game Foundation for of Rome, Switzerland & Italy, alessandro.gioffre@ Monetary Equilibrium unibas.ch), Gabriele Camera (University of Basel & Chapman University, Switzerland & USA)
Dror Goldberg (Bar Ilan University, Israel, dg@dror- Money with Partially Directed goldberg.com), Gabriele Camera (University of Basel & Search: An Experimental Exami- Chapman University, Switzerland & USA), Avi Weiss (Bar nation Ilan University, Israel)
Guillaume Rocheteau (University of California, Irvine, On the Coexistence of Money USA, [email protected]) and Higher Return Assets and its Social Role
Ross Starr (University of California, San Diego, USA, Money in a Trading Post [email protected]) Economy
69 Thursday, July 25 matching markets Organizer: Onur Kesten Room: L104
Presenter Title F. Martinez-Mora (University of Leicester, UK, fmm14@ School Choice in a Tiebout Model leicester.ac.uk), Caterina Calsamiglia (University of Autonoma de Barcelona, Spain), A. Miralles (University of Autonoma de Barcelona, Spain)
Antonio Miralles (Universitat Autonoma de Barcelona Competitive Equilibrium from and Barcelona Graduate School of Economics, Spain, Equal Incomes in Two-Sided [email protected]), Yinghua He (Toulouse Matching School of Economics, France), Jianye Yan (UIBE Beijing, China)
Sinan Ertemel (Rice University, USA, sertemel@rice. Ex-ante versus Ex-post edu), Rajnish Kumar (Florida International University, Proportional Rules for State USA) Contingent Claims
Onur Kesten (Carnegie Mellon University, USA, Do Outside Options Matter [email protected]), Morimitsu Kurino (WZB, in School Choice? A New Berlin Germany) Perspective on the Efficiency vs. Strategy-Proofness Trade-Off
Thursday, July 25, 2013, 2:00-4:00 ambiguity, Decisions anD games ii Organizer: Jack Stecher Room: L106
Presenter Title Artem Neklyudov (University of Lausanne, Switzerland, Bid-Ask Spreads and the [email protected]) Decentralized Interdealer Markets: Core and Peripheral Dealers
Christoph Mueller (Carnegie Mellon University, USA, Robust Implementation in Weakly [email protected]) Rationalizable Strategies
Francisco Santos-Arteaga (Universidad Complutense Heuristic Information Acquiition de Madrid, Spain, [email protected]), Debora Di Caprio Processes with Bidimensional (York University, Canada) Products and Finitely Many Observations
Jack Stecher (Carnegie Mellon University USA, Fair Market Value Could Have [email protected]), Radhika Lunawat Contributed to the Crash (Carnegie Mellon University, USA), Kira Pronin (University of Pittsburgh, USA), Gaoqing Zhang (Carnegie Mellon University, USA) 70 Thursday, July 25 Financial markets ii Organizer: Igor Livshits Room: L213
Presenter Title Leonardo Martinez (IMF, USA, [email protected]), International Reserves and Javier Bianchi (University of Wisconsin, USA), Juan Rollover Risk Carlos Hatchondo (Indiana University, USA)
Xavier Mateos-Planas (Queen Mary University of Partial Default London, UK, [email protected]), Cristina Arellano (Federal Reserve of Minneapolis, USA), Jose- Victor Rios-Rull (University of Minnesota & Federal Reserve of Minneapolis, USA)
Filippo Taddei (SAIS The Johns Hopkins University The Welfare Analysis of and Collegio Carlo Alberto, ITALY, [email protected]), International Capital Flows with Alberto Martin (CREI, Spain) Credit Market Imperfections
Ananth Ramanarayanan (University of Western On- The Maturity Structure of Public tario, Canada, [email protected]), Christina Arellano Debt (Federal Reserve Bank of Minneapolis, USA), Yan Bai (University of Rochester, USA)
inFormation in markets Organizer: Olivier Gossner Room: L101
Presenter Title Romain Rancière (IMF and PSE, USA & France, ro- Fiscal Discoveries and Sudden [email protected]), Luis Catão (IMF, USA), Ana Decouplings Fostel (George Washington University, USA)
Stéphane Gauthier (PSE, France, Stephane.Gauthier@ Asymmetric information and univ-paris1.fr), Gabriel Desgranges (THEMA, Rationalizability Université Cergy Pontoise, France)
Roberto Serrano (Brown University, USA, Roberto_ The Aappeal of Information [email protected]), Antoinio Cabrales (Universidad Transactions Carlos III de Madrid, Spain), Olivier Gossner (PSE & LSE, France & UK)
Olivier Gossner (PSE & LSE, France & UK, ogossner@ Coordination Under Private gmail.com), Kyna Fong (Stanford University, USA), Monitoring: From Bank Runs to Johannes Hörner (Yale University, USA), Yuliy Sannikov the Prisoner’s Dilemma (Princeton University, USA)
71 Thursday, July 25 toPics in theoretical anD aPPlieD economics Organizer: Vincenzo Scalzo Room: 108/118
Presenter Title Marilyn Pease (University of Iowa, USA, marilyn- Liability Rules Under Sequential [email protected]) Moves
Wing-Keung Wong (Hong Kong Baptist University, Two-Moment Decision Model China, [email protected]), Xu Guo (Hong Kong for Location-Scale Family with Baptist University, China), Lixing Zhu (Hong Kong Baptist Background Asset University, China)
Songzi Du (Simon Fraser University, Canada, songzid@ Ex Post Equilibria in Double sfu.ca), Haoxiang Zhu (MIT, USA) Auctions of Divisible Assets
Kang Rong (Shanghai University of Finance and Econom- Fair Arbitration when Players’ ics, China, [email protected]) Preferences are Unknown
markets with aDverse selection Organizers: Diego Moreno and John Wooders Room: L107
Presenter Title Braz Camargo (São Paulo School of Economics-FGV, Trading Dynamics in Spain, [email protected]), Ben Lester (FED Philadel- Decentralized Markets with phia, USA) Adverse Selection
Ennio Bilancini (Unività di Modena, Italy, ennio. Dynamic Adverse Selection and [email protected]), Leonardo Boncinelli (Università the Size of the Supply Side di Pisa, Italy)
Edward Schlee (Arizona State University, USA, Transactions Cost in Insurance [email protected]), Hector Chade (Arizona State with Adverse Selection: Pooling, University, USA) Efficiency, and Coverage Denials
John Wooders (University Technology Sydney, Australia, Dynamic Markets for Lemons: [email protected]), Diego Moreno (Universidad Performance, Liquidity, and Carlos III de Madrid, Spain) Policy Intervention
72 Thursday, July 25 market microstructure, Financial intermeDiation anD inFormation Organizer: Erwan Quintin Room: L218
Presenter Title Ariel Zetlin-Jones (Carnegie-Mellon, USA, azj@cmu. Efficient Financial Crises edu)
Jaime Luque (Wisconsin School of Business, USA, Endogenous Bourse Structures [email protected]), Marta Faias (Universidade Nova de Lisboa, Portugal)
Robert Ulbricht (University of Munich, Germany, Credit Crunches, Information [email protected]), Ludwig Straub (University of Failures, and the Persistence of Munich, Germany) Pessimism
Erwan Quintin (Wisconsin School of Business, USA, Rational Opacity [email protected]), Cyril Monnet (University of Bern, Switzerland)
Financial stability, monetary Policy anD regulation Organizer: Dimitrios P. Tsomocos Room: L105
Presenter Title Gael Giraud (Paris School of Economics, France, gael.gi- Collateral Shortages and [email protected]), Antonin Pottier (CIRED, France) Underemployment in Infinite Horizon Monetary Economies
Matthew Hoelle (Purdue University, USA, mhoelle@ A General Theory of Financial purdue.edu) Market Risk and Policy with Two Applications
Li Lin (University of Oxford, UK, [email protected]), Jay Capital Requirements for Over- Surti (IMF, USA) the-Counter Derivatives Central Counterparties
Kwangwon Ahn (University of Oxford, UK, kwangwon. A Dynamic General Equilibrium [email protected]), Dimitrios P. Tsomocos (University Model to Analyse Financial of Oxford, UK) Stability
73 Thursday, July 25 economics oF inFormation Organizer: João Correia-da-Silva Room: L102
Presenter Title David Pérez-Castrillo (Universitat Autónoma de Barce- Coexistence of Long-Term and lona, Spain, [email protected]), Inés Macho-Stadler Short-Term Contracts (Universitat Autónoma de Barcelona, Spain), Nicolás Porteiro (Universidad Pablo Olavide, Spain)
João Correia-da-Silva (Universidade do Porto, Portugal, Irrelevance of Private Informa- [email protected]), Carlos Hervés-Beloso (Universidad de tion in Two-Period Economies Vigo, Spain) with More Goods than States of Nature
Guillaume Sublet (University of Minnesota, USA, On Information Release and [email protected]), Andrés Carvajal (Uni- Asset Prices versity of Western Ontario, Canada), Marzena Rostek (University of Wisconsin-Madison, USA)
Bruno Jullien (Toulouse School of Economics, France, Platform Competition under [email protected]), Alessandro Pavan (Northwest- Dispersed Information ern University, USA)
economic growth: DemograPhic asPects Organizer: Stephen Turnovsky Room: L224
Presenter Title Ben J Heijdra (University of Groningen, Netherlands, Human Capital Accumulation in [email protected]), Laurie S.M. Reijnders (University of an Aging Society Groningen, Netherlands)
Hippolyte d’Albis (Paris School of Economics, France, Stability and Indeterminacy in [email protected]), E. Augeraud-Veron Continuous Time OLG Mmodels (University of La Rochelle, France), H.J. Hupkes (Univer- sity of Leiden, Netherlands)
Jochen O Mierau (University of Groningen, Nether- Stimulating Annuity Markets lands, [email protected]), Ben J Heijdra (University of Groningen, Netherlands), Timo Trimborn (University of Goettingen, Germany)
Stephen Turnovsky (University of Washington, USA, Social Security, Growth, and Wel- [email protected]), Neil Bruce (University of fare in Overlapping Generations Washington, USA) Economies with and without Annuities
74 Thursday, July 25 oPtimal Policy with Private inFormation Organizer: Tom Krebs Room: L103
Presenter Title Tom Krebs (University of Mannheim, Germany, Optimal Taxation with Private [email protected]) Information and Risky Human Capital
Dominik Sachs (University of Konstanz, Germany, Efficient Saving and Labor Income [email protected]), Sebatian Findeisen Tax Over the Life Cycle (University of Zuerich, Switzerland)
Martin Scheffel (ETH Zuerich, Switzerland, scheffel@ Optimal Labor Market Institutions mip.mtec.ethz.ch), Philip Jung (University of Bonn, Germany)
Michael Troege (ESCP-Paris, France, troege@escpeu- Free Trade vs Autarky in a rope.eu) Cournot World
Decision theory Organizer: Chris Shannon Room: L104
Presenter Title Jian Li (McGill University, Canada, [email protected]) The K-armed Bandit Problem with Multiple-Priors
Madhav Chandrasekher (Arizona State University, USA, Incomplete Menu Preferences [email protected]) and Ambiguity
Roee Teper (University of Pittsburgh, USA, rteper@ Event Separability and Concave pitt.edu), Ehud Lehrer (Tel Aviv University and INSEAD, Expected Utility Israel)
Marie-Louise Viero (Queens University, Canada, Probabilistic Sophistication and [email protected]), Edi Karni (Johns Hopkins Reverse Bayesianism University, USA)
75 Thursday, July 25, 2013, 4:30-6:30
ambiguity in games Organizer: Frank Riedel Room: L106
Presenter Title Sophie Bade (Royal Holloway, UK, Sophie.Bade@rhul. Randomization Devices and the ac.uk) Elicitation of Ambiguity Averse Preferences
Ehud Lehrer (Tel-Aviv University, Israel, lehrer@post. Partially-Specified Probabilities, tau.ac.il) Justifiable Preferences and Equilibrium
Fabio Maccheroni (Bocconi University, Italy, fabio. Mixed Extensions of Decision [email protected]), P. Battigalli (Bocconi Problems under Uncertainty University, Italy), S. Cerreia-Vioglio (Bocconi University, Italy), M. Marinacci (Bocconi University, Italy)
Frank Riedel (Bielefeld University, Germany, frank.rie- Strategic Use of Ambiguity in [email protected]), Linda Sass (Bielefeld University, Games Germany)
liquiDity in Frictional asset markets Organizer: Pierre-Olivier Weill Room: L213
Presenter Title Peter Kondor (Central European University, Hungary, Trading and Information Diffusion [email protected]), Ana Babus (Imperial College, UK) in OTC Markets
Semyon Malamud (Swiss Finance Institute, Switzer- Decentralized Exchange land, [email protected]), Marzena Rostek (University of Wisconsin, USA)
Konstantin Milbradt (MIT, USA, [email protected]), Endogenous Liquidity and De- Zhiguo He (Chicago Booth, USA) faultable Debt
Jerome Dugast (HEC Paris, France, jerome.dugast@ Limited Attention and News -Ar hec.edu ) rival in Limit Order Markets
76 Thursday, July 25 revealeD PreFerences Organizer: Ludovic Renou Room: L101
Presenter Title Matthew Polisson (University of Leicester, UK, mp395@ Hedonic Prices and Implicit le.ac.uk), I. Crawford (University of Oxford, UK), M. Markets: A Revealed Preference Browning (University of Oxford, UK) Characterization
Laurens Cherchye (University of Leuven, Belgium, Revealed Preference Analysis [email protected]), Thomas Demuynck for Convex Rationalizations on (University of Leuven, Belgium), Bram De Rock (Free Nonlinear Budget Sets” University of Brussels, Belgium)
Ronen Gradwohl (Northwestern University, USA, Tractable Falsifiability [email protected])
Abigail Adams (University of Oxford, UK), abi.adams@ Rational Nonparametric Demand economics.ox.ac.uk) Systems and Welfare Analysis
heterogeneity over the liFe cycle Organizer: Selo Imrohoroglu Room: 108/118
Presenter Title Gary Hansen (UCLA, USA, [email protected]), Health Insurance Reform: The Minchung Hsu (GRIPS, Japan), Jungsan Lee (SKKU, South Impact of a Medicare Buy-In Korea)
Josep Pijoan-Mas (CEMFI, Spain, [email protected]), Jay Health Heterogeneity and the H. Hong (University of Rochester, USA), Jose-Victor Rios- Preferences for Consumption Rull (University of Minnesota, USA) Growth
Irina Telyukova (UCSD, USA, [email protected]), Housing in Retirement Across Makato Nakajima (Federal Reserve Bank of Philadel- Countries phia, USA)
Selo Imrohoroglu (USC Marshall School of Business, Achieving Fiscal Balance in Japan USA, [email protected]), Sagiri Kitao (CUNY, USA), Tomoaki Yamada (Meiji University, Japan)
77 Thursday, July 25 stoPPing time Problems in economics Organizer: Svetlana Boyarchenko Room: L107
Presenter Title Catherine Bobtcheff (Toulouse School of Economics, More Haste, Less Speed: Invest- France, [email protected]), Raphaël ment Through Investment Timing Levy (Mannheim University, Germany)
Jean-Paul Decamps (Toulouse School of Economics, Corporate Cash Policy with France, [email protected]), Stéphane Vil- Liquidity and Profitability Risks leneuve (Toulouse School of Economics, France)
Jacco Thijssen (University of York, UK, jacco.thijssen@ The Long and Winding Road: york.ac.uk) Valuing Investment under Construction Uncertainty
Sergey Levendorskiĭ (University of Leicester, UK, sl278@ Patience and Impatience leicester.ac.uk), Svetlana Boyarchenko (University of Texas at Austin, USA)
markets anD contracts Organizer: Alessandro Citanna Room: L218
Presenter Title Alessandro Citanna (Yeshiva University, USA, citanna@ An Incentive Efficient Market yu.edu), P. Siconolfi (Columbia Business School, USA) for Mechanisms in Large Akerlof Economies
Wanda Mimra (ETH Zurich, Switzerland, wmimra@ethz. A Game-Theoretic Foundation ch), A. Wambach (University of Koln, Germany) for the Wilson Equilibrium in Competitive Insurance Markets with Adverse Selection
Kostas Koufopoulos (Warwick Business School, UK, Existence and Efficiency of Nash [email protected]) Equilibria in Insurance Markets with Adverse Selection
Enrico Minelli (University of Brescia, Italy, minelli@eco. A Large Market Game with Pri- unibs.it), M. Meier (IHS Wien, Austria) vate Information on Both Sides
78 Thursday, July 25 economics oF Diversity Organizer: Shlomo Weber Room: L105
Presenter Title Ernesto Savaglio (University of Pescara, Italy, ernesto@ On Revealed Diversity unich.it), Gaetano Gaballo (Bank of France, France)
Susana Peralta (Nova School of Business and Econom- A Self-Delusive Theory of Voter ics, Portugal, [email protected]), Pedro Chaves (Nova Turnout School of Business and Economics, Portugal)
Parimal Kanti Bag (National University of Singapore, Double Affirmative Action Singapore, [email protected]), Shiva Sikdar (Keele Management School, Keele University, UK)
Shlomo Weber (Southern Methodist University & NES, Towards a Theory of International USA & Russia, [email protected]), Michel Le Breton Alliances (Toulouse School of Economics, France)
solutions For cooPerative games Organizer: Michel Grabisch Room: L102
Presenter Title Peter Sudhölter (University of Southern Denmark, The Bilateral Consistent Prekernel Denmark, [email protected]), Guni Orshan (The Hebrew for Balanced NTU Games and University, Israel), José M. Zarzuelo (University of the Resulting Ordinal Solutions for Basque Country, Spain) Economic Environments
Ilya Katsev (St. Petersburg Institute for Economics and A Monotonic Core Concept for Mathematics, Russia, [email protected]), Javier Arin Convex Games: The SD-Prenu- (University of the Basque Country, Spain) cleolus
Manuel Ordóñez (Escuela Técnica Superior de Ingeni- A Banzhaf Value for Games with ería, Spain, [email protected]), Inés Gallego (Escuela Fuzzy Communication Structure Técnica Superior de Ingeniería, Spain,), Andres Jiménez- Losada (Escuela Técnica Superior de Ingeniería, Spain,), Julio Fernández (Escuela Politécnica, Spain)
Stéphane Gonzalez (Université Paris I, France, Stepha- Multicoalitional Solutions [email protected]), Michel Grabisch (Paris School of Economics, France)
79 Thursday, July 25 toPics in aPPlieD theory Organizers: Jack Willis and Constantine Yannelis, Chair: Stephen Teng Sun Room: L224
Presenter Title Constantine Yannelis (Stanford University, USA, yan- The Real Effects of the Uninsured [email protected]), Stephen Teng Sun (Stanford on Premia University, USA)
Markus Baldauf (Stanford University, USA, baldauf@ Peloton Peers: Competition stanford.edu), Joshua Mollner (Stanford University, Between Amateur Athletes USA)
Stephen Teng Sun (Stanford University, USA, doubles@ Credit Constraints and the stanford.edu), Constantine Yannelis (Stanford Univer- Demand for Higher Education: sity, USA) Evidence from Financial Deregulation
Jack Willis (Harvard University, USA, jackwillis@fas. Debt, Aspirations and harvard.edu) Uncertainty in Small and Medium Sized Enterprises
macroeconomic Dynamics ii Organizer: Jang-Ting Guo, Chair: Mikko Puhakka Room: L103
Presenter Title Shu-Shiuan Lu (National Tsing Hua University, Taiwan, What Drives Structural [email protected]), Chang-Ching Lin (Academia Change in Different Stages of Sinica, Taiwan) Development?
Yi-Chan Tsai (National Taiwan University, Taiwan, Explaining the Durable Goods [email protected]), Jaya Dey (Oklahoma State Co-Movement Puzzle with University, USA) Non-Separable Preferences: A Bayesian Approach
Anca-Ioana Sirbu (West Virginia University, USA, anca. News about Taxes and [email protected]) Expectations-Driven Business Cycles
Mikko Puhakka (University of Oulu, Finland, Mikko. Private Versus Public Old-Age [email protected]), Richard Barnett (Drexel University, Security USA), Joydeep Bhattacharya (Iowa State University, USA)
80 Thursday, July 25 mechanism Design anD robustness Organizer: Chris Shannon Room: L104
Presenter Title Kristof Madarasz (London School of Economics, UK, Screening with an Approximate [email protected]) Type Space
Mariann Ollar (University of Wisconsin, USA, ollar@ Belief Restrictions and Full wisc.edu), Antonio Penta (University of Wisconsin, USA) Implementation
Luca Rigotti (University of Pittsburgh, USA, luca@pitt. Uncertainty in Mechanism Design edu), Pino Lopomo (Duke University, USA), Chris Shan- non (Caltech, USA)
Sasa Pekec (Duke University, USA, [email protected]. Optimal Pricing Mechanisms edu), Changrong Deng (Duke University, USA) when Exclusivity is Valuable
81 Friday, July 26, 2013, 9:00-11:00
bounDeD rationality i Organizer: Willemien Kets Room: 108/118
Presenter Title Josh Cherry (Northwestern University, USA, j-cherry@ Belief Formation by Boundedly kellogg.northwestern.edu), Yuval Salant (Northwestern Rational Agents University, USA)
Burkhard Schipper (UC Davis, USA, bcschipper@ Strategic Learning versus Strate- ucdavis.edu) gic Teaching
Antonio Penta (UW Madison, USA, [email protected]. Costly Introspection, Incentives edu), Larbi Alaoui (U Pompeu Fabra, Spain) to Reason and Five `Little Treasures’ of Game Theory
Willemien Kets (Northwestern University, USA, w-kets@ Finite-Order Equilibrium kellogg.northwestern.edu)
general equilibrium anD aPPlications Organizer: Mich Tvede Room: L218
Presenter Title Jiling Cao (Auckland University of Technology, New Zea- Aggregate Preferred land, [email protected]), Anuj Bhowmik (Auckland Correspondence and the University of Technology, New Zealand), Nicholas C. Existence of a Maximin REE Yannelis (University of Iowa & University of Manchester , USA & UK)
Mich Tvede (Newcastle University, UK, mich.tvede@ Revealed Smooth Nontransitive ncl.ac.uk), Hans Keiding (University of Copenhagen, Preferences Denmark)
Bo Gao (Newcastle University, UK, [email protected]), Heterogeneous Fixed Export Mich Tvede (Newcastle University, UK) Cost: Explaining the Existence of Export-only Firms
Hans Keiding (University of Copenhagen, Denmark, An Equilibrium Existence [email protected]) Proof using Fixed Points in Grassmannians
82 Friday July 26 toPics in economic growth Organizer: Takashi Kamihigashi, Chair: Miki Matsuo Room: L103
Presenter Title Miki Matsuo (Kyushu International University, Japan, m- Child Labor and Human Capital [email protected]), Yasunobu Tomoda (Kobe City Formulation with Stone-Geary University of Foreign Studies, Japan), Katsuhiko Hori Preferences (Tezukayama University, Japan)
Kenji Sato (Kyoto University, Japan, [email protected]), Complex Dynamics in a Two- Daishoku Kanehara (Kyoto University, Japan), Makoto Sector Optimal Growth Model Yano (Kyoto University, Japan) with Three Production Factors
Colin Davis (Doshisha University, Japan, cdavis@mail. Competing Process and Quality doshisha.ac.jp), Yasunobu Tomoda (Kobe City University Innovation and the Product Life of Foreign Studies, Japan) Cycle
Yohei Tenryu (Kyoto University, Japan, tenryu@kier. The Role of Private Sector under kyoto-u.ac.jp) Insecure Property Rights
moDels oF inFluence anD network theory i Organizer: Agnieszka Rusinowska Room: L105
Presenter Title Hans Haller (Virginia Tech, USA, [email protected]) Networks as Public Infrastruc- ture: Externalities, Efficiency, and Implementation
Anne van den Nouweland (University of Oregon, USA, Expectation Formation Rules and [email protected]), Francis Bloch (Ecole Polytech- the Core of Partition Function nique, France) Games
René van den Brink (VU University, Amsterdam, The Axiomatization of the Shapley Netherlands, [email protected]), Encarnacion Algaba Value for Cooperative Games on (Seville University, Spain), Chris Dietz (VU University, Accessible Union Stable Systems: Amsterdam, The Netherlands) Hierarchy and Communication Restrictions
Jan-Peter Siedlarek (University of Mannheim, Germany, Bargaining with Intermediation in [email protected]) Networks
83 Friday July 26 cost sharing, markets anD PerFect comPetition Organizer: Carlos Hervés-Beloso Room: L224
Presenter Title Jaume García Segarra (LEE. Universitat Jaume I at Cas- Bargaining Under Uncertainty: A tellón, Spain, [email protected]), Miguel Ginés-Vilar New Approach Based on Losses (LEE. Universitat Jaume I at Castellón. Spain)
Manuel García-Santana (ECARES, Bruxelles, Belgium, Foreign Ownership, Financial [email protected]) Frictions, and Size Distribution of Plants
Juan Vidal-Puga (RGEA. Universidad de Vigo. Spain, A Monotonic and Merging-Proof [email protected]) Rule in Minimum Cost Spanning Tree Problems
Sebastián Cea Echenique (Paris I Pantheonn-Sorbonne Endogenous Differential Informa- & Universidad de Chile, France & Chili, seba.cea. tion in Financial Markets [email protected]), Carlos Hervés-Beloso (RGEA, Universidad de Vigo, Spain), Juan Pablo Torres-Martínez (Universidad de Chile, Chile)
stable Forms oF social organization Organizer: M.G. Graziano Room: L101
Presenter Title Javier Hervés-Estévez (Universidad de Vigo, Spain, javi- Characterizations of Walrasian [email protected]), Emma Moreno-Garcìa (Universidad Allocations via Bargaining Sets de Salamanca, Spain)
Geir B. Asheim (University of Oslo, Norway, Probability Adjusted Rank-Dis- [email protected]), Stephane Zuber (CERSES, counted Utilitarianism Université Paris Descartes and CNRS, France)
Claudia Meo (University of Naples Federico II, Italy, Von Neumann Morgenstern [email protected]), M.G. Graziano (University of Naples Stable Sets in Differential Infor- Federico II, Italy) mation Economies
M. G. Graziano (University of Naples Federico II, Italy, Stable Sets and Public Projects [email protected]), M. Romaniello (University of Naples Federico II, Italy)
84 Friday July 26 time PreFerence: theory anD aPPlications Organizer: Horst Zank Room: L107
Presenter Title Omer Edhan (University of Manchester, UK, Cost Sharing with Production [email protected]) Constraints
Kirsten Rohde (Erasmus University Rotterdam, The Measuring Decreasing Netherlands, [email protected]) Impatience
Mohammed Abdellaoui (HEC Paris, France, abdel- The Impact of Delayed Resolu- [email protected]), Enrico Diecidue (INSEAD, France), tion of Uncertainty on Individual Emmanuel Kemel (GREGHEC and Paris 1, France), Ayse Preferences under Risk Onçuler (ESSEC, France)
Jinrui Pan (University of Manchester, UK, jinrui. Separating Risk and Time [email protected]), Craig S. Webb Preferences: Foundations for a (University of Manchester, UK), Horst Zank (University Descriptive Theory of Manchester, UK)
new methoDs For Dynamic economies i Organizer: Kevin Reffett, Chair: Lukasz Wozny Room: L102
Presenter Title Marten Hillebrand (Karlsruhe Institute of Technology, Bubbly Markov Equilibria Germany, [email protected]), Martin Barbie (University of Cologne, Germany)
Natalia Kovrijnykh (Arizona State University, USA, Debt Contracts with Partial [email protected]) Commitment
Juan Escobar (University of Chile, Chile, jfesco@gmail. Cooperation and Trust in Social com) Networks
Lukasz Balbus (University of Zielona Gora, Poland, Strategic Dynamic Programming [email protected]), Kevin Reffett (Arizona Methods for Markov equilibrium State University, USA), Lukasz Wozny (Warsaw School of in Stochastic Games with an Economics, Poland) Uncountable number of States
85 Friday July 26 contracts anD games Organizer: Edward Schlee Room: L213
Presenter Title Pablo Schenone (Arizona State University, USA, Pablo. A Necessary and Sufficient [email protected]) Condition for a PBE Folk Theorem
Renato Gomes (Toulouse School of Economics, France, Experimentation and Project [email protected]), Lucas Maestri (Toulouse Selection: Screening and Learning School of Economics, France), Daniel Gottlieb (University of Pennsylvania, USA)
Mark R Johnson (Tulane University, USA, mjohnso@ A Multidimensional, Incentive- tulane.edu) compatible Mechanism for Contract Specification and Award
Fahad Khalil (University of Washington, USA, khalil@u. Contracts Offered by Bureaucrats washington.edu), Doyoung Kim (Sogang University, Korea), Jacques Lawarrée (University of Washington, USA)
toPics in economic theory v Organizer: Nicholas Yannelis, Chair: Tiago Cavalcanti Room: L104
Presenter Title Volodymyr Lugovskyy (Indiana University, USA, Traders’ Heterogeneity and [email protected]), S. Baghestanian (Indiana Bubble-Crash Patterns in University, USA), Daniela Puzzello (Indiana University, Experimental Asset Markets USA)
Richard Hislop (University of Illinois at Urbana- Digital Experiments Champaign, USA, [email protected])
Simon MacKenzie (University of Birmingham, UK, Pillage Games with Multiple [email protected]), Colin Rowat (University Stable Sets of Birmingham, UK), Manfred Kerber (University of Birmingham, UK)
Tiago Cavalcanti (University of Cambridge, UK, tvdvc2@ The Effects of Oil and Gas cam.ac.uk), Daniel da Mata (University of Cambridge, Production on Wages and UK), Frederik Toscani (University of Cambridge, UK) Productivity: A Structural Quantitative Analysis for Brazil
86 FriDay, July 26, 2013, 1:00-3:00 bounDeD rationality ii Organizer: Marco Mariotti Room: 108/118
Presenter Title Sean Horan (Université du Québec à Montréal, Canada, Inferring Rationales from Choice: [email protected]), Rohan Dutta (McGill University, Identification for Rational USA) Shortlist Methods
Frank N. Caliendo (Utah State University, USA, frank. Time Inconsistency and [email protected]), T. Scott Findley (Utah State Retirement Choice University, USA)
Georgios Gerasimou (University of St. Andrews, UK, A Behavioral Model of Choice in [email protected]) the Presence of Decision Conflict
Paola Manzini (University of St. Andrews, UK, paola. Moody Choice [email protected]), Marco Mariotti (University of St. Andrews, UK)
general equilibrium with aPPlications Organizers: Jean-Marc Bonnisseau & Antonio Villanacci Room: L218
Presenter Title Sushama Murty (University of Exeter, UK, s.murty@ On the Theory of by Production exeter.ac.uk) of Emissions
Anna Rubinchik (University of Haifa, Israel, Welfare Evaluation of Policies [email protected]), Jean-Francois Mertens in an Overlapping Generations (CORE, louvain-la-Neuve, Belgique) Growth Model
Elena L. del Mercato (University of Paris I, France, Markets for Externalities à la [email protected]) Arrow-Laffont: Equilibrium and Optimality
Antonio Villanacci (Università degli Studi di Firenze, Wage Setting and Unemployment Italy, [email protected]), Michele Gori in a General Euilibrium Model (Università degli Studi di Firenze, Italy)
87 Friday July 26 toPics in economic theory anD aPPlications Organizers: Xiao Luo & Yongchao Zhang Room: L103
Presenter Title Yongchao Zhang (Shanghai University of Finance and A Matching Penny Game with Economics, China, [email protected]), M. Correlated Information Ali Khan (Johns Hopkins University)
Qian Neng (National University of Singapore, Singapore, Discrimination in Teams [email protected]), Parimal Bag (National Univer- under Subjective Performance sity of Singapore, Singapore) Evaluation
Peng Wang (National University of Singapore, Input or Output Monitoring in Singapore, [email protected]), Parimal Bag Teams (National University of Singapore, Singapore)
Shenghao Zhu (National University of Singapore, Singa- Bequest Motives, Estate Taxes, pore, [email protected]) and Wealth Distributions in Becker-Tomes Models with Investment Risk
moDels oF inFluence anD network theory ii Organizer: Agnieszka Rusinowska Room: L105
Presenter Title Mostapha Diss (GATE Lyon St-Etienne, France, diss@ A Geometric Examination of gate.cnrs.fr), Richard Baron (GATE Lyon St-Etienne, Majorities Based on Difference France), Eric Rémila (GATE Lyon St-Etienne, France), in Support Philippe Solal (GATE Lyon St-Etienne, France)
Jana Vyrastekova (Radboud University, Nijmegen, The Parental Altruism: Evidence from Netherlands, [email protected]), Janine Huisman Field Experiments in Tanzania (Radboud University, Nijmegen, The Netherlands), Idda Mosha (Muhimbili University of Health and Allied Sciences, Tanzania), Jeroen Smits (Radboud University, Nijmegen, The Netherlands)
Michel Grabisch (University of Paris 1, France, Michel. A Study of the Krackhardt’s [email protected]), Agnieszka Rusinowska (CNRS Advice Network with Influence - University of Paris 1, France) Models
Manuel Foerster (University of Paris 1 & Université Anonymous Social Influence Catholique de Louvain, France & Belgium, manuel. [email protected]), Michel Grabisch (University of Paris 1, France), Agnieszka Rusinowska (CNRS - University of Paris 1, France)
88 Friday July 26 strategic uncertainty Organizer: John Nachbar Room: L224
Presenter Title Terri Kneeland (University of Britsh Columbia, Rationality and Consistent Beliefs Canada, [email protected])
Amanda Friedenberg (Arizona State University, USA, Bargaining Under Strategic [email protected]) Uncertainty
Marciano Siniscalchi (Northwestern University, USA, A Revealed-Preference Theory of [email protected]) Sequential Rationality
Massimo Marinacci (Bocconi University, Italy, Self-Confirming Longrun Biases [email protected])
inDustrial organization Organizer: Emma Moreno-García Room: L101
Presenter Title Joana Patrícia Neves Vaz de Pinho (Cef.up and Cartel Stability and Profits Under Faculdade de Economia do Porto, Portugal, jpinho@ Different Reactions to Entry in fep.up.pt), João Correia-da-Silva (Cef.up and Markets with Growing Demand Faculdade de Economia do Porto, Portugal), Hélder Vasconcelos (Cef.up and Faculdade de Economia do Porto, Portugal)
Joana Rita Pinho Resende (Faculdade de Economia Dynamic Princing of Network do Porto, Portugal, [email protected]), Filomena Goods Garcia (Indiana University, USA), Rabah Amir (University of Iowa, USA)
Luis H. Braido (Graduate School of Economics, Getu- Monopoly Rents in Contestable lioVargasFoundation, Brasil, [email protected]), Felipe L. Markets Shalders (Graduate School of Economics, GetulioVar- gasFoundation, Brasil)
Joaquín Gómez-Miñambres (Chapman University, Menu Dependent Emotions and USA, [email protected]) The Shopping Momentum Effect
89 Friday July 26 time anD uncertainty Organizer: Alain Chateauneuf Room: L107
Presenter Title Bertrand Munier (Sorbonne’s Business School & MCGB Global Uncertainty and Markets RiSSK Intl SA, France & Switzerland, bertrandmunier@ Risk: the Agricultural Case rissk.com)
Lorenzo Bastianello (Université de Paris 1, France, About Delay Aversion [email protected]), Alain Chateauneuf (Paris School of Economics-Université de Paris 1, France)
Vassili Vergopoulos (Paris School of Economics-Univer- Dynamic Consistency and Expect- sité de Paris 1, France, vassili.vergopoulos@univ-paris1. ed Utility with State Ambiguity fr), Antoine Billot (Lemma-Université de Paris 2, France)
Juan Pablo Gama Torres (IMPA Instituto National de Aggregate Risk and Equilibria Matematica Pura e Applicada,Rio de Janeiro, Brazil, with Ambiguity Lovers [email protected]), Aloisio Araujo (IMPA and Fundaçao Getulio Vargas ,Rio de Janeiro, Brazil), Alain Chateauneuf (Paris School of Economics-Université de Paris 1, France), Rodrigo Novinski (IBMec Business School, Rio de Janeiro, Brazil)
new methoDs For Dynamic economies ii Organizer: Kevin Reffett, Chair: Manjira Datta Room: L102
Presenter Title Robert Becker (Indiana University, USA, Becker@ The Local Existence of Ramsey indiana.edu), Ciprian Foias (Indiana University, USA) Equilibrium
Martin Jensen (University of Birmingham, UK, Large Dynamic Economies: Un- [email protected]), Daron Acemoglu (MIT, USA) certainty and Comparative Statics
John Stachurski (Australian National University, Aus- Coase Meets Tarski: New Insights tralia, [email protected]), Tomoo Kikuchi from Coase’s Theory of the Firm (National University of Singapore, Singapore), Kazuo Nishimura (Kyoto University, Japan)
Kevin Reffett (Arizona State University, USA, Kevin.ref- Comparing Recursive Equilibrium [email protected]), Manjira Datta (Arizona State University, in Infinite Horizon Economies USA), Lukasz Wozny (Warsaw School of Economics, with Dynamic Complementarities Poland)
90 Friday July 26 search moDels Organizer: Gabriele Camera, Chair Jaehong Kim Room: L213
Presenter Title Aleksander Berentsen (University of Basel, Switzerland, On Socially Efficient Information [email protected]), Samuel Huber Disclosure (University of Basel, Switzerland), Alessandro Marchesiani (University of Minho, Portugal)
Derek Stacey (Ryerson University, Canada, dstacey@ Commitment to Offers and economics.ryerson.ca) Trading Mechanisms in Directed Search Models
Enchuan Shao (Bank of Canada, Canada, eshao@bank- On the Existence of Counterfeiting banque-canada.ca) in Competitive Search Equilibrium
Jaehong Kim (University of Basel and Purdue On the Uniqueness of Directed University, Switzerland & USA, jaehong.kim@unibas. Search Equilibrium ch), Gabriele Camera (University fo Basel and Chapman University, Switzerland & USA)
rents, risks anD incentives Organizer: Arnaud Dupuy Room: L104
Presenter Title Bertrand Verheyden (CEPS/INSTEAD, Luxembourg, On the Interaction Between [email protected]), Matthieu Delpierre Risk-Taking and Risk-Sharing (University of Louvain, Belgium), Stéphanie Weynants Under Farm Household Wealth (University of Louvain, Belgium) Heterogeneity
Wim Naude (MsM, University of Maastricht and United Institutional Entrepreneurship Nations University, Maastricht, The Netherlands, in Fragile States: A Theoretical [email protected]), Thomas Gries (University of Approach Paderborn, Germany)
Sergio Firpo (Sao Paulo School of Economics, FGV, Going Private: Public Sector Brazil, [email protected]), Gustavo Gonzaga (Catholic Rents and Privatization in Brazil University of Rio de Janeiro, PUC-RIO, Brazil )
Arnaud Dupuy (CEPS/INSTEAD, Luxembourg, arnaud- Selection and Performance Based [email protected]), Rabah Arezki (IMF and Brooking Compensation in the Public Institute, USA) Sector
91 FriDay, July 26, 2013, 3:30-5:30 bounDeD rationality iii Organizer: Paola Manzini Room: 108/118
Presenter Title Tatiana Kornienko (University of Edinburgh, UK, Tatiana. A Cognitive Basis for Adaptive [email protected]) Utility
Karl Schlag (University of Vienna, Austria, karl.schlag@ Social Learning Between Groups: univie.ac.at) Imitation and the Role of Experience
Larbi Alaoui (Pompeu Fabra University, Spain, larbi. Predestination and the [email protected]), Alvaro Sandroni (Northwestern Protestant Ethic University, USA)
Daniel Martin (New York University, USA, daniel.mar- Framing Effects from Rational [email protected]) Inattention
Private inFormation anD general equilibrium Organizer: Edward S. Prescott Room: L218
Presenter Title Borys Grochulski (Federal Reserve Bank of Richmond, Market-Based Incentives USA, [email protected]), Yuzhe Yang (Texas A&M, USA)
David Rahman (University of Minnesota, USA, dmr@ Contractual Pricing with Incentive umn.edu) Constraints
Gabriel A. Madeira (Universidade de Sao Paulo, Observability and Endogenous Brazil, [email protected]), Weerachart T. Kilenthong Organizations (University of the Thai Chamber of Commerce, Thailand)
Edward S. Prescott (Federal Reserve Bank of Richmond, Principals and Agents in USA, [email protected]) Competitive Analysis
92 Friday July 26 contests with linkages Organizer: Brian A. Roberson Room: L103
Presenter Title Marcin Dziubiński (University of Warsaw, Poland, Network Defence [email protected]), Sanjeev Goyal (University of Cambridge, UK)
Caroline Thomas (University of Texas-Austin, USA, N-Dimensional Colonel Blotto [email protected]) Game with Asymmetric Battlefield Values
Dominic Rohner (University of Lausanne, Switzerland, Networks and Conflicts: Theory [email protected]), Michael D. König (University and Evidence from Rebel Groups of Zürich, Switzerland), Mathias Thoenig (University of in Africa Lausanne, Switzerland), Fabrizio Zilibotti (University of Zürich, Switzerland)
Brian Roberson (Purdue University, USA, brobers@ Generalizations on the Blotto purdue.edu), Dan Kovenock (Chapman University, USA) Game: What’s Possible with Existing Solutions?
inFormation networks/networks oF inFormation Organizer: Beth Allen Room: L105
Presenter Title Valeriu Ungureanu (State University of Moldova, Pareto-Nash-Stackelberg Linear Moldova, [email protected]) Discrete-Time Control Problems
Alexander Teytelboym (University of Oxford, UK, alex- Friending: A Model of Online [email protected]), Bassel Tarbush Social Networks (Univesity of Oxford, UK)
Myrna Wooders (Vanderbilt University, USA, myrna. Discrimination and Segregation: [email protected]) A Game-Theoretic Approach
Beth Allen (University of Minnesota, USA, allen030@ TBA umn.edu)
93 Friday July 26 some Factors oF economic growth Organizer: Cuong Le Van, Chair: Aditya Goenka Room: L101
Presenter Title Nguyen Thang Dao (CORE, Belgium, nguyen.dao@ Geographical Factors, Growth uclouvain.be) and Divergence
Alain Venditti (GREQAM, CNRS, France, alain.venditti@ The Inefficient Markets Hypoth- univmed.fr) esis: Why Financial Markets Do Not Work Well in The Real World
Thomas Seegmuller (CNRS, GREQAM, France, Thomas. Longevity, Pollution an Growth [email protected]), Natacha Raffin (EconomiX, France)
Lin Liu (University of Rochester, USA, liulin.apple@ Infectious Diseases, Human gmail.com), Aditya Goenka (National University of Capital and Economic Growth Singapore, Singapore), M-H. Nguyen (TSE, LERNA, France)
existence oF equilibrium in Discontinuous games Organizers: Guilherme Carmona & Konrad Podczeck Room: L107
Presenter Title Philippe Bich (Paris School of Economics, France, Discontinuous Diagonal Games: [email protected]) Some New Existence Results
Tobias Harks (Maastricht University, The Netherlands, Pure Nash Equilibria in a Class of [email protected]) Aggregative Games with Infinite Non-Convex Strategy Sets
Konrad Podczeck (Universitat Wien, Austria, konrad. Existence of Nash Equilibrium in [email protected]), Guilherme Carmona Games with a Measure Space of (University of Surrey, UK) Players and Discontinuous Payoff Functions
Guilherme Carmona (University of Surrey, UK, On the Relationship between [email protected]), Konrad Podczeck the Existence Results of Reny (Universitat Wien, Germany) and of Simon and Zame for Discontinuous Games
94 Friday July 26 on Discrimination Policies in mechanism Design Organizer: Laurent Lamy Room: L102
Presenter Title Mallesh Pai (University of Pennsylvania, USA, mallesh@ Symmetric Auctions econ.upenn.edu), Rahul Deb (University of Toronto, Canada)
Philippe Jehiel (Paris School of Economics & University On Discrimination in Procument College London, France & UK, philippe.jehiel@ Auctions: An Endogenous parisschoolofeconomics.eu), Laurent Lamy (Paris Participation Perspective School of Economics, France)
Pierre Boyer (University of Mannheim, Germany, Discrimination in Dynamic [email protected]), Klenio Barbosa (Sao Procurement Design with Paulo School of Economics-FGV, Brazil) Learning-by-doing
Brent Hickman (University of Chicago, USA, Using Auction Theory to Study [email protected]) Human Capital Investment in Frictionless Matching Markets: A Look at Affirmative Action in College Admissions
stochastic games anD network Formation Organizer: Frank Page Room: L213
Presenter Title Lukasz Wozny (Warsaw School of Economics, Poland, Existence and Uniqueness of [email protected]), Lukasz Balbus (Uniwersytet Time Consistent Markov Policies Zielonogórski, Poland), Kevin Reffet (Arizona State for Quasi-Hyperbolic Consumers University, USA)
Terence Johnson (University of Notre Dame, USA, Strategic Timing and Network [email protected]) Formation
Michael K�nig (University of Zurich, Switzerland, Technology Cycles in Dynamic [email protected]), Andrea Montanari R&D Networks (Stanford University, USA)
Frank Page (Indiana University, USA, fpage@indiana. Stationary Network Dynamics edu), Joana Resende (University of Porto, Portugal)
95 Friday July 26 toPics in inDustrial organization Organizer: Marta Faias Room: L104
Presenter Title Filomena Garcia (Indiana University, USA, fgarcia@iseg. Network Structure and R&D utl.pt) Incentives
Vasco Santos (NOVA School of Business and Economics, Crowdfunding and the Non- Portugal, [email protected]) appropriability of Consumer Surplus
Cesaltina Pires (Universidade de Évora, Portugal, Combating Fraud in Poverty- [email protected]), Márcia Oliveira (Instituto Politéc- Alleviation Programs –should nico de Portalegre, Portugal), Paulo Corte-Real (NOVA we use monitoring, workfare or School of Business and Economics, Portugal) both?
Marta Faias (Universidade Nova de Lisboa, Portugal, On a Game with Price [email protected]), Javier Hervés-Estévez (Univerdidad Competition and Incomplete de Vigo, Spain), Emma Moreno-García (Univerdidad de Information Salamanca, Spain)
FriDay, July 26, 2013, 5:45-7:45 ranks anD rearrangements Organizer: Marc Henry Room: 108/118
Presenter Title Massimiliano Amarante (University of Montreal, Contracting for Innovation under Canada, [email protected]), Mario Knightian Uncertainty Ghossoub (University of Montreal, Canada), Edmund Phelps (Columbia University, USA)
Mario Ghossoub (Univeristy of Montreal, Canada, Cost-Efficient Contingent Claims [email protected]) under Knightian Uncertainty: A Distributional Analysis
Xuedong He (Columbia University, USA, xh2140@ Hope, Fear and Aspirations columbia.edu), Xun Yu Zhou (Chinese University of Hong Kong and Oxford University, Hong Kong & UK)
Marc Henry (University of Montreal, Canada, marc. Local Utility and Multivariate Risk [email protected]), Arthur Charpentier (UQAM, Aversion Canada), Alfred Galichon (Sciences-Po, France)
96 Friday July 26 toPics in macroeconomics Organizer: Anne Villamil Room: L218
Presenter Title Pengfei Wang (Hong Kong University of Science and Housing Bubbles and the U.S. Technology, Hong Kong, [email protected]), Macroeconomy Jianjun Miao (Boston University, USA), Tao Zha (Federal Reserve Bank-Atlanta, USA)
Gaetano Antinolfi (Washington University-St. Louis Trading OTC and Incentives to and Federal Reserve Board, USA, [email protected]), Clear Centrally Francesca Carapella (Federal Reserve Board, USA), Francesco Carli (Washington University-St. Louis, USA)
Ali Shourideh (University of Pennsylvania, USA, Adverse Selection, Reputation [email protected]), V. V. Chari (University and Sudden Collapses in of Minnesota, USA), Ariel Zetlin-Jones (University of Secondary Loan Markets Minnesota, USA)
Caterina Mendicino (Bank of Portugal and NOVA, Consumer Default Effects of Portugal, [email protected]), Antonio Capital Income Tax Cuts Antunes (Bank of Portugal and NOVA, Portugal, [email protected]), Tiago Cavalcanti (University of Cambridge, UK), Anne Villamil (University of Illinois at Urbana-Champaign and University of Manchester, USA & UK)
macroeconomics anD the environment Organizer: Ted Temzelides Room: L103
Presenter Title Islam Rizvanoghlu (Zirve University, Turkey, islam. Oil Price Shocks and Monetary [email protected]) Policy: The Role of Storage
Silvia Albrizio (European university Institute, Italy, silvia. Policy Uncertainty and Invest- [email protected]), Hélia Costa (European university ment in Low-Carbon Technology Institute, Italy)
Bernardino Adao (Bank of Portugal, Portugal, bernardi- A Model with Spillovers in the [email protected]), Borghan Narajabad Adaptation of New Renewable (Rice University, USA), Ted Temzelides (Rice University, Technologies USA)
Ahlvik Lassi (Aalto University School of Economics, Managing Common Property Finland, [email protected]) Resources with Heterogeneous Time Preferences 97 Friday July 26 network Formation; local interaction Organizer: Hans Haller Room: L105
Presenter Title Surajit Borkotokey (Dibrugarh University, India, An Allocation Rule for Networks [email protected]), Sudipta Sarangi (Louisiana State University, USA), Rajnish Kumar (Florida International University, USA)
Robert P. Gilles (Queen’s University Belfast, UK, Network Contestability [email protected]), Dimitrios Diamantaras (Temple University, USA)
Agnieszka Rusinowska (University of Paris 1, France, A Degree-Distance-Based [email protected]), Philipp Connections Model with Moehlmeier (Bielefeld University, Germany), Emily Negative and Positive Tanimura (University of Paris 1, France) Externalities
Nicolas Carayol (Université de Bordeaux, France, nico- Network Formation with [email protected]) & Rémy Delille (Université Farsighted Nash Bargaining de Bordeaux, France, [email protected]) Agents
coalitions anD Public gooDs Organizer: Francis Bloch Room: L224
Presenter Title Carmen Beviá (Universitat Autonoma de Barcelona, Meritocracy, Egalitarianism and Spain, [email protected]), Salvador Barbera the Stability of Majoritarian (Universitat Autonoma de Barcelona, Spain), Clara Organizations Ponsati (Universitat Autonoma de Barcelona, Spain)
Sergio Currarini (Universita Ca Foscari Venice and Information Sharing Networks in University of Bristol, Italy and UK, [email protected]), Linear Quadratic Games Marco Marini (Universita di Roma La Sapienza, Italy)
Dinko Dimitrov (University of Saarland, Germany, Paths to Stability in Two-Sided [email protected]) Matching under Uncertainty
Yukio Koriyama (Ecole Polytechnique, France, Voting on Mechanisms [email protected]), Pierre Boyer (Universität Mannheim, Germany), Elisabeth Schulte (Philipps Universität Marburg, Germany)
98 Friday July 26 revealeD PreFerence theory Organizer: Federico Echenique Room: L101
Presenter Title John Quah (University of Oxford, UK, john.quah@ A Revealed Preference Test for economics.ox.ac.uk) Weak Separable Preferences
Yusufcan Masatlioglu (University of Michigan, USA, Limited Attention and Revealed [email protected]), Juan Lleras (Carnegie Mellon Preference University, USA), Daisuke Nakajima (University of Michigan, USA), Erkut Ozbay (University of Maryland, USA)
Chris Chambers (University of California-San Diego, The Axiomatic Structure of USA), [email protected]), Federico Empirical Content Echenique (Caltech, USA), Eran Shmaya (Northwestern University, USA)
culture anD networks Organizer: Alberto Bisin Room: L107
Presenter Title Onur Ozgur (Melbourne Business School, Australia, Information Acquisition and [email protected]), Bogachan Celen (Columbia Conformity in Networks University, USA)
Eleonora Patacchini (University of Syracuse, USA, Strong and Weak Ties in [email protected]), Edoardo Rainone Education (Sapienza University of Rome, Italy), Yves Zenou (RIE, Stockholm, Sweden)
Andrea Moro (Vanderbilt University, USA, andrea@ On the Selection of Friends andreamoro.net), Alberto Bisin (NYU, USA), Giorgio Topa (New York Federal Reserve, USA)
Jon Eguia (NYU Politics, USA, [email protected]) Assimilation and Discrimination
99 Friday July 26 harD inFormation Organizers: Jeanne Hagenbach & Eduardo Perez-Richet Room: L102
Presenter Title Emir Kamenica (University of Chicago, USA, Emir. Disclosure of Endogenous [email protected]), Matthew Gentzkow Information (University of Chicago, USA)
Itai Sher (University of Minnesota, USA, isher@umn. Price Discriminaton Through edu), Rakesh Vohra (Northwestern University, USA) Communication
Elchanan Ben-Porath (Hebrew University, Israel, benpo- Optimal Allocation with Costly [email protected]), Eddie Dekel (Northwestern Uni- State Verification versity, USA), Barton Lipman (Boston University, USA)
Eduardo Perez (Ecole Polytechnique, France, eduardo. Evidence Proof Mechanisms [email protected])
comPetition Policy issues Organizer: Claude d’Aspremont Room: L213
Presenter Title Vincenzo Denicolo (University of Bologna, Italy, vincen- Competition with Exclusive [email protected]), Giacomo Calzolari (University of Contracts and Market Dominance Bologna, Italy)
Yves Smeers (CORE, UCLouvain, Belgium, yvessmeers@ Epistemology and Oligopoly me.com), S. Kimbrough (Wharton, USA), F Murphy Theory (Temple University, USA)
François Salanié (Toulouse School of Economics, France, On Competitive Nonlinear Pricing [email protected]), Andrea Attar (Toulouse School of Economics, France), Thomas Mariotti (Toulouse School of Economics, France)
Rodolphe Dos Santos Ferreira (BETA, University Hawks and Doves in Segmented of Strasbourg, France, [email protected]), Claude Markets: A Formal Approach to d’Aspremont (CORE, UCLouvain, Belgium), Jacques Competitive Aggressiveness Thepot (LARGE, University of Strasbourg, France)
100 Friday July 26
MatheMatical econoMics iii Organizers: Achille Basile & Ioannis A. Polyrakis Room: L104
Presenter Title Jacqueline Morgan (Department of Economics and MinSup Problems with Nash Statistics & CSEF University of Naples “Federico II”, Equilibrium Constraints Italy, [email protected]) M.B. Lignola (Department of Mathematics and Applications, Università Federico II Napoli, Italy)
Ioannis A. Polyrakis (National Technical University of Reflexive Cones (A New Kind of Athens, Greece, [email protected]) Cones) and Applications
Foivos Xanthos (University of Alberta, Canada, foivos@ Martingales in Banach Lattices ualberta.ca)
Achille Basile (Department of Economics and Statistics Competitive Equilibria in Infinite & CSEF University of Naples “Federico II”, Naples, Italy, Dimensional Economies [email protected]), Maria Gabriella Graziano (Depart- ment of Economics and Statistics & CSEF University of Naples “Federico II”, Naples, Italy)
101 Our sincere gratitude and thanks to: