Calendrier du 09 avril 2019
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 09/04/2019 de 18:00 à 19:00
ASSOUAD Lydia (PSE)
When leaders do matter: Atatürk's official visits and nation-building in Turkey
TOM (Théorie, Organisation et Marchés) Lunch Seminar
Du 09/04/2019 de 14:00 à 17:00
salle R1-14, campus Jourdan - 48 bd Jourdan, 75014 Paris
LEVIN Dan (Ohio State University)
Séminaire Exceptionnel avec Dan Levin
OVERVIEW of TALK:
Dan Levin will review a large share of his experimental (and theory) work on common-value (CV) auctions, also known as “mineral-right auctions.”
He will provide a wide background to non-experts to motivate the interest in CV auctions. This includes: adverse selection and the difficulty of (at least student) bidders to cope with it. What is meant by the Winner’s Curse (WC), by theorists and by experimentalists? Why do we care about bidders’ overbidding and losses? Are there ways to avoid the WC? Is the adverse selection the main cause of the WC? Do subjects learn with experience and what do they learn? What is the role information complexity in the auction environment and subjects’ heterogeneity in creating the WC?
He will also discuss two recent papers on the topic (bolded below).
References and useful links.
http://www.econ.ohio-state.edu/levin/
Common Value Auctions and the Winner’s Curse, 2002. Princeton University Press, (with J. H. Kagel)
Could we overcome the Winner’s Curse by (Behavioral) Auction Design? 2019 WP (With Philipp Reiss).
An Experimental Study of Estimation and Bidding in Common-Value Auctions with Public Information, 2019. Journal of Economic Theory, 179(1) pp. 73-98. (With Gary Charness and David Schmeidler).
Applied Economics Lunch Seminar
Du 09/04/2019 de 12:30 à 13:30
Salle R2-01, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
ZHURAVSKAYA Ekaterina (PSE)
Diffusion of Gender Norms: Evidence from Stalin's Ethnic Deportations
écrit avec Alain Blum (EHESS), Alexandra Jarotschkin (World Bank)