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CESifo Area Conference on
Applied Microeconomics


CESifo Conference Centre, Munich
17 – 18 March 2017

Friday, 17 March 2017

09:10 - 09:25    Welcome and Introduction
CHRISTIAN GOLLIER (Toulouse School of Economics)

Session 1 - Plenary Session
Ludwig Erhard Room
CESifo Distinguished Affiliate Prize Lecture 1
Chair: Christian Gollier

09:25 - 10:25 The Allocation of Future Business
Isaiah Andrews and DAN BARRON (Northwestern University)
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10:25 - 10:55 Coffee Break

Parallel Session 2A
Ludwig Erhard Room
Empirics: Property Rights
Chair: Sara Biancini

10:55 - 11:40 The Transaction Costa of Property Rights: Evidence from Timber Auction Borders
Colin Doran and THOMAS STRATMANN (George Mason University)
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11:40 - 12:25 Intellectual Property Rights, MNFs and Technology Transfers
SARA BIANCINI (Université de Caen Normandie) and Pamela Bombarda
DOWNLOAD (PDF)

Parallel Session 2B
Richard Musgrave Room
Empirics: Energy
Chair: Matti Liski

10:55 - 11:40 Raising Rivals’ Costs: Vertical Market Power in New England’s Wholesale Natural Gas and Electricity
Levi Marks, CHARLES F. MASON (University of Wyoming), Kristina Mohlin and Matthew Zaragoza-Watkins
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11:40 - 12:25 Gone with the Wind? An Empirical Analysis of the Renewable Energy Rent Transfer
MATTI LISKI (Aalto University) and Iivo Vehviläinen
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12:25 - 13:25 Lunch Break

Session 3 - Plenary Session
Ludwig Erhard Room
CESifo Distinguished Affiliate Prize Lecture 2
Chair: Christian Gollier

13:25 - 14:25 Regulation of Insurance with Adverse Selection and Switching Costs: Evidence from Medicare Part D
MARIA A. POLYAKOVA (Stanford University)
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14:25 - 14:55 Coffee Break

Parallel Session 4A
Ludwig Erhard Room
Theory: Mech. Design/Contests
Chair: Marco Sahm

14:55 - 15:40 The Limits of Meritocracy
John Morgan, Justin Tumlinson and FELIX VARDY (International Monetary Fund)
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15:40 - 16:25 tba
Justin Tumlinson
16:25 - 17:10 Are Sequential Round-Robin Tournaments Discriminatory?
MARCO SAHM (University of Bamberg)
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Parallel Session 4B
Richard Musgrave Room
Empirics: Discrimination/Contests
Chair: Lars Persson

14:55 - 15:40

Individual Responsibility in Team Contests
ANTOINE CHAPSAL (Sciences Po) and Jean-Baptiste Vilain
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15:40 - 16:25

Racial Discrimination in Local Public Services: A Field Experiment in the US
Corrado Giulietti, MIRCO TONIN (Universita' di Bolzano/Bozen) and Michael Vlassopoulos
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16:25 - 17:10

Who Becomes the Ultimate Superstar? The Educated Underdog
Per Hjertstrand, Pehr-Johan Norbäck and LARS PERSSON (Research Institute of Industrial Economics)
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19:30 Conference Dinner

 

Saturday, 18 March 2017


Session 5 - Plenary Session
Ludwig Erhard Room
Keynote Lecture
Chair: Christian Gollier

09:00 - 10:30 Just Starting out: Learning and Equilibrium in a New Market
Doraszelski U, Lewis G and ARIEL PAKES
 
10:30 - 11:00 Coffee Break  

Parallel Session 6A
Ludwig Erhard Room
Theory: Advertising/Differentiation
Chair:
Michael Kaganovich

11:00 - 11:45 Ad Networks, Consumer Tracking and Privacy
Anna D´Annunzio and ANTONIO RUSSO (KOF Swiss Economic Institute and ETH Zurich)
DOWNLOAD (PDF)
11:45 - 12:30

 

Direct Response Advertising with Passive Search
REGIS RENAULT (Université de Cergy-Pontoise)
DOWNLOAD (PDF)
12:30 - 13:15 College Curriculum, Diverging Selectivity, and Enrollment Expansion
MICHAEL KAGANOVICH (Indiana University) and Xuejuan Su DOWNLOAD (PDF)

Parallel Session 6B
Richard Musgrave Room
Empirics Innovation
Chair:
 Clara Graziano

11:00 - 11:45 How Cost-Effective Are New Cancer Drugs in the US?
FRANK R. LICHTENBERG (Columbia University)
DOWNLOAD (PDF)
11:45 - 12:30 Firm-Level Human Capital and Innovation: Evidence from China
Xiuli Sun, Haizheng Li and VIVEK GHOSAL (Rensselaer Polytechnic Institute)
DOWNLOAD (PDF)
12:30 - 13:15 The Diffusion of New Institutions: Evidence from the Renaissance Venice´s Patent System
Stefano Comino, Alberto Galasso and CLARA GRAZIANO (University of Udine)
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13:15 - 14:15 Lunch Break

Parallel Session 7A
Ludwig Erhard Room
Theory: Behavioral
Chair: Florian Englmaier

14:15 - 15:00 Stochastic Volatility Implies Fourth-degree Risk Dominance: Applications to Asset Pricing
CHRISTIAN GOLLIER
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15:00 - 15:45 Closing a Bank or Making it Safer?
Marcella Lucchetta, Michele Moretto and BRUNO MARIA PARIGI (University of Padova)
DOWNLOAD (PDF)

 
15:45 - 16:30 Long-Term Employment Relations When Agents are Present Biased
FLORIAN ENGLMAIER (University of Munich), Matthias Fahn and Marco A. Schwarz
DOWNLOAD (PDF)

 

Parallel Session 7B
Richard Musgrave Room
Empirics: Discrimination/Contests
Chair: Lars Persson

14:15 - 15:00

Heterogeneous Merger Effecs on Competitive Outcomes
RALPH SIEBERT (Purdue University)
DOWNLOAD (PDF)

15:00 - 15:45

The Dynamics of Used Car Prices
Philippe Choné and LAURENT LINNEMER (CREST) DOWNLOAD (PDF)

15:45 - 16:30

Advertising Competition in the Free-to-air TV Broadcasting Industry
MARC IVALDI (Toulouse School of Economics) and Jiekai Zhang
DOWNLOAD (PDF)

Plenary Session
Ludwig Erhard Room
16:30 Parting Comments
CHRISTIAN GOLLIER (Toulouse School of Economics)
 
End of Conference

 


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