Program for session C-12

Wednesday 16 August 2000, 8:30 - 10:30

C-12-1: Auctions: Empirics and Experiments - Wed 16 Aug, 8:30

 Room: Balmer 202  Chair: David Lucking-Reiley 
Haile, Philip Inference with an Incomplete Model of English Auctions
Hong, Han Increasing Competition and the Winner's Curse: Evidence from Procurement
Levin, Dan Multi-Unit Demand Auctions with Synergies: Behavior in Sealed-Bid versus Ascending-Bid Uniform Price Auctions
Lucking-Reiley, David Pennies from eBay: the Determinants of Price in Online Auctions

C-12-2: Bounded Rationality 2 - Wed 16 Aug, 8:30

 Room: Balmer 207  Chair: Jeffrey Zwiebel 
Laibson, David Bounded Rationality and Directed Cognition
Spiegel, Yossef On the Evolutionary Emergence of Optimism
Zwiebel, Jeffrey A Model of Persuasion - With Implications for Financial Markets

C-12-3: Consumer Demand - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 234  Chair: Ian Preston 
Datta, Bipasa Linear-Homothetic Preferences
deVillemeur, Etienne Behavioral Complementarity (not Heterogeneity) Causes the Law of Demand
Phaneuf, Dan Choice Set Definition Issues in a Kuhn-Tucker Model of Recreation Demand
Preston, Ian Departures from Slutsky Symmetry in Household Demand Models

C-12-4: Consumption and Savings - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 235  Chair: Walter H. Fisher 
Direr, Alexis Relative Consumption and Saving
Gourinchas, Pierre-Olivier Precautionary Savings, LifeCycle and Macroeconomics
Lentz, Rasmus Job Search, Savings and Wealth Effects
Winter, Joachim K. Rules of Thumb in Life-Cycle Savings Models

C-12-5: Cooperative Games - Wed 16 Aug, 8:30

 Room: Balmer 212  Chair: Myrna Holtz Wooders 
Feldman, Barry The Proportional Value of a Cooperative Game
Frankel, David M. Equilibrium Selection in Global Games with Strategic Complementarities
Papai, Szilvia Unique Stability in Simple Coalition Formation Games
Wooders, Myrna Holtz Approximate Cores of Games and Economies with Clubs

C-12-6: Corporate Finance - Wed 16 Aug, 8:30

 Room: Balmer 304  Chair: Claudio Piga 
Hellmann, Thomas Entrepreneurship and the Process of Obtaining Resource Commitments
Joh, Sung Wook Control, Ownership, and Firm Performance: the Case of Korea
Piga, Claudio Strategic Debt in Vertical Relationships

C-12-7: Designing Taxes and Public Expenditures - Wed 16 Aug, 8:30

 Room: Balmer 306  Chair: Bertrand Villeneuve 
Gaube, Thomas Efficient Public Good Provision with Nonlinear Income Taxation
Macho-Stadler, Ines Auditing with Signals
Matoussi, Mohamed Salah Modeling a Centralized Water Resources Allocation
Villeneuve, Bertrand Influencing the Misinformed Behavior

C-12-8: European Labor Markets - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 237  Chair: Insan Tunali 
Borghans, Lex Wage Elasticities of the Supply of R & D Workers in the Netherlands
Lindquist, Matthew J. Wage Compression and Welfare in Sweden
Mizon, Grayham E. Wages, Prices, Productivity, Inflation and Unemployment in Italy 1970-1994
Prasad, Eswar S. What Determines the Reservation Wage: Theory and Some New Evidence from German Micro Data

C-12-9: Explaining Trade Patterns - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 243  Chair: Jaime Marquez 
Brulhart, Marius Home-Biased Demand and International Specialisation: A Test of Trade Theories
Head, Keith On the Pervasiveness of Home Market Effects
Mirza, Daniel Import Price-Elastcities: Reconsidering the Evidence
Saito, Mika The Empirical Investigation of The Kemp-Jones Model: The Case of OECD Countries

C-12-10: Financial Market Securities and Incentives - Wed 16 Aug, 8:30

 Room: Balmer 309  Chair: Scott Schaefer 
Hvide, Hans K. Tournament Rewards and Risk Taking
Ohashi, Kazuhiko Contractible Signals and Security Design
Oyer, Paul Why Do Firms Use Incentives that Have No Incentive Effects?
Schaefer, Scott Bonuses and Non-Public Information in Publicly Traded Firms

C-12-11: Growth and Scale - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 245  Chair: Stephen Turnovsky 
Dalgaard, Carl-Johan Scale-Invariant Endogenous Growth
Groth, Christian Can Nonrenewable Resources Alleviate the Knife-edge Character of Endogenous Growth?
Meckl, Juergen Structural Change and Generalized Balanced Growth
Ueda, Kenichi Increasing Returns, Long-Run Growth and Financial Intermediation

C-12-12: Management of Financial Crises - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 246  Chair: Jorge Roldos 
Castren, Olli Capital Market Development, Corporate Governance and the Credibility of Exchange Rate Pledges
Pastine, Ivan Speculation and the Decision to Abandon a Fixed Exchange Rate Regime
Roldos, Jorge Monetary Policy in an International Financial Crisis

C-12-13: Oligopoly Theory, II - Wed 16 Aug, 8:30

 Room: Balmer 311  Chair: Steinar Vagstad 
Amir, Rabah On the Effects of Entry in Cournot Markets
Dana, James D. Entry Deterrence in a Duopoly Model
Stepanova, Anna First and Second Mover Advantage in Asymmetric Price Duopoly
Vagstad, Steinar Consumer Heterogeneity and Pricing in a Duopoly with Switching Costs

C-12-14: Optimal Taxation - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 247  Chair: C. C. Yang 
Beresteanu, Arie An Optimal Shape of Income Tax: Evidence from Zero Income Tax Countries - Paraguay and Uruguay
Ludden, Ulrike Optimal Capital Income Taxation and Redistribution
Reinhorn, Leslie J. Optimal Taxation with Cournot Oligopoly
Yang, C. C. Pareto Efficient Fine-cum-Tax Rate Structures: The Case of Constant Relative Risk Aversion

C-12-15: Political Economics: Voting and Influencing Behavior - Wed 16 Aug, 8:30

 Room: Balmer 411  Chair: Karine van der Straeten 
Myerson, Roger B. Comparison of Scoring Rules in Poisson Voting Games
Straeten, Karine van der Voting Under Ignorance of Unemployed Skills: The Bias Towards Overtaxation

C-12-16: Regulation - Wed 16 Aug, 8:30

 Room: Smith 404  Chair: Matthew Mitchell 
deMarzo, Peter The Enforcement Policy of a Self-Regulatory Organization
Gence-Creux, Christophe Regulation with a Risk-Averse Principal
Martimort, David Regulatory Inertia
Mitchell, Matthew Rewarding Sequential Innovators: Patents Prizes and Buyouts

C-12-17: Social Interaction and Spatial Modeling - Wed 16 Aug, 8:30

 Room: Smith 405  Chair: Brian Krauth 
Lamorgese, Andrea Roberto The Geography of Intercity Risk-Sharing
Saavedra, Luz A. Tests for Spatial Lag Dependence Based on Method of Moments Estimation
Sorensen, Bent E. Risk Sharing and Sectoral Specialization: Regional and International Evidence
Krauth, Brian Social Interactions, Thresholds, and Unemployment in Neighborhoods

C-12-18: Bayesian Methods - Wed 16 Aug, 8:30

 Room: Savery 211  Chair: Arnold Zellner 
Gao, Chuanming A Comparison of Some Recent Bayesian and Classical Procedures for Simultaneous Equation Models with Weak Instruments
Kim, Jae-Young The Generalized Method of Moments in the Bayesian Framework and a Model of Moment Selection Criterion
Romeo, Charles J. Exact Inference Using Variable Integrating Constant Importance Distributions
Zellner, Arnold Bayesian and Non-Bayesian Approaches to Scientific Modeling and Inference in Economics and Econometrics

C-12-19: Panel Data III - Wed 16 Aug, 8:30

 Room: Savery 243  Chair: Farshid Vahid 
Gorgens, Tue Semiparametric Estimation of Single-Index Transition Intensities
Kiefer, Nicholas Panel Data, Local Cuts, and Orthogeodesic Models
Lyhagen, Johan Likelihood-Based Inference in Multivariate Panel Cointegration Models
Vahid, Farshid Clustering Regression Functions in a Panel

C-12-20: Nonparametric Methods III - Wed 16 Aug, 8:30

 Room: Savery 301  Chair: Rosalia Vazquez-Alvarez 
Abbring, Jaap H. The Non-Parametric Identification of the Mixed Proportional Hazard Competing Risks Model
Li, Qi Nonparametric Estimation with Categorical and Continuous Data
Vazquez-Alvarez, Rosalia Nonparametric Modeling of the Anchoring Effect in an Unfolding Bracket Design

C-12-21: Topics in Time Series Models I - Wed 16 Aug, 8:30

 Room: Savery 311  Chair: Anthony S. Tay 
Heaton, Chris Dynamic Factor Analysis with ARMA Factors
Koopman, Siem Jan Computing Observation Weights for Signal Extraction and Filtering
McCrorie, J. Roderick Deriving the Exact Gaussian Likelihood of a Continuous Time Model
Tay, Anthony S. Dynamic Regressions with Variables Observed at Different Frequencies

C-12-22: Strong Dependence - Wed 16 Aug, 8:30

 Room: Savery 313  Chair: Uwe Hassler 
Andrews, Donald W. K. A Bias-reduced Log-periodogram Regression Estimator for Long-memory Parameter
Caporale, Guglielmo Maria Fractional Cointegration and Tests of Present Value Models
Davidson, James Bootstrap Tests for Fractional Cointegration: A Reappraisal of the Relationship Between Government Popularity and Economic Performance in the UK
Hassler, Uwe Residual Log-Periodogram Inference for Long-Run Relationships

C-12-23: Empirical Methods in Industrial Organization - Wed 16 Aug, 8:30

 Room: Balmer 413  Chair: Charles H. Mullin 
Campo, Sandra Semiparametric Estimation of First-Price Auctions with Risk Averse Bidders
Li, Tong Econometrics of First-Price Auctions with Entry and Binding Reservation Prices
Paarsch, Harry J. Superconsistent Estimation and Inference in Structural Econometric Models Using Extreme Order Statistics
Mullin, Charles H. Recombinant Estimation for Normal-Form Games, with Applications to Auctions and Bargaining

C-12-24: Option Pricing - Wed 16 Aug, 8:30

 Room: Balmer 416  Chair: Allan Timmermann 
Kofman, Paul Imputation Methods for Incomplete Dependent Variables in Finance
Kou, Steven A Jump Diffusion Model for Option Pricing with Three Properties: Leptokurtic Feature, Volatility Smile, and Analytical Tractability
Prigent, Jean Luc An Autoregressive Conditional Binomial Option Pricing Model
Timmermann, Allan Implied Learning Paths from Option Prices

C-12-25: Business Cycles and Financial Markets - Wed 16 Aug, 8:30

 Room: Balmer 417  Chair: Emanuela Sciubba 
Ebell, Monique C. Why Are Asset Returns more Volatile During Recessions? A Theoretical Examination
Quinzii, Martine The Stock Market in the Overlapping Generations Model with Production
Rampini, Adriano A. Endogenous Risk, Incentives and Aggregate Fluctuations
Sciubba, Emanuela Relative Performance and Herding in Financial Markets

C-12-26: Savings - Wed 16 Aug, 8:30

 Room: Mechanical Engineering 248  Chair: Jennifer Ward-Batts 
Ohlsson, Henry Inter Vivos Gifts: Compensatory or Equal Sharing?
McClelland, Robert A Robust Estimation of the Effects of Taxation on Charitable Contributions
Ward-Batts, Jennifer Saving for Retirement: Household Bargaining and Household Net Worth

File created by Jurgen Doornik with eswc2000.ox on 2-01-2001