Calendrier du 17 novembre 2016
brown bag Travail et Économie Publique
Du 17/11/2016 de 13:00 à 14:00
KUECKEN Maria (Ecole d'Economie de Paris)
Disease and Human Capital Accumulation: Evidence from the Roll Back Malaria Partnership in Africa
TOM (Théorie, Organisation et Marchés) Lunch Seminar
Du 17/11/2016 de 13:00 à 14:00
HERINGS Jean-Jacques (Maastricht University)
Equilibrium and Matching under Price Controls
The paper considers a one-to-one matching with contracts model in the presence of
price controls. This set-up contains two important streams in the matching litera-
ture, those with and those without monetary transfers, as special cases and allows for
intermediate cases with some restrictions on the monetary transfers that are feasible.
An adjustment process that ends with a stable outcome is presented, thereby prov-
ing the existence of stable outcomes. The process contains the deferred acceptance
algorithm of Gale and Shapley (1962) and the approximate auction mechanism of
Demange, Gale, and Sotomayor (1986) as special cases. The paper presents a no-
tion of competitive equilibrium, called Dreze equilibrium, for this class of models, an
extension of the concept as developed by Dreze (1975) for economies with divisible
commodities subject to price controls. It is shown that Dreze equilibrium allocations
are equivalent to allocations induced by stable outcomes. One implication is the ex-
istence of Dreze equilibria. Another implication is the equivalence of a competitive
equilibrium concept and the concept of stable outcomes that is valid with and with-
out monetary transfers as well as when monetary transfers are limited.
Behavior seminar
Du 17/11/2016 de 12:00 à 13:00
Campus jourdan,Bâtiment A, Rez de chaussée, Salle 2
ETILÉ Fabrice (PSE)
Childhood circumstances and the heterogeneity in the psychological response to major life events