|
Cowles Foundation for
Research in Economics
CONFERENCE ON THE
ECONOMETRICS OF STRATEGY AND DECISION MAKING
May 5–7, 2000 |
| FRIDAY |
8:15–10:15 |
SESSION 1: NEW DEVELOPMENTS IN STRUCTURAL
ESTIMATION METHODS — Chair: Ariel Pakes |
|
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Soren Blomquist and Whitney Newey,
Nonparametric Estimation with Nonlinear Budget Sets (abstract)
Discussant: Donald Andrews |
|
|
Roni Shachar (Tel Aviv University) and
Nickolay Moshkin (Yale University), Switching Costs or Search
Costs?
Discussant: Steve Berry |
|
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Daniel Ackerberg (Boston University, NBER),
Importance Sampling and the Simulated Method of Moments
Discussant: Ariel Pakes |
|
8:15–10:15 |
SESSION 2: DYNAMICS AND ADJUSTMENT COSTS
— Chair: Igal Hende |
|
|
Sanghamitra Das (Indian Statistical
Institute), Mark Roberts (Pennsylvania State University and NBER) and James Tybout
(Pennsylvania State University), Micro Foundations of Export Dynamics (abstract)
Discussant: Nadia Soboleva |
|
|
Russell Cooper and John Haltiwanger, On the Nature of Capital Adjustment Costs
Discussant: George Hall |
|
|
James Levinsohn (NBER and University of
Michigan) and Amil Petrin (University of Chicago, GSB), Estimating
Production Functions Using Intermediate Inputs to Control for Unobservables [53pp]
Discussant: Mark Roberts |
|
10:30-12:30 |
SESSION 3: DYNAMIC OLIGOPOLY — Chair:
Dirk Bergemann |
|
|
Andrew Ching, Dynamic
Equilibrium in the U.S. Prescription Drug Market After Patent Expiration
Discussant: Iain Cockburn |
|
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Steven Berry (Yale University and NBER) and
Ariel Pakes (Harvard University and NBER) Using First-Order
Conditions to Estimate Dynamic Oligopoly Models
Discussant: Gautam Gowrisankaran |
|
|
Mireia Jofre-Bonet and Martin Pesendorfer,
Bidding Behavior in a Repeated Procurement Auction (abstract)
Discussant: Lanier Benkard |
|
10:30–12:30 |
SESSION 4: INCENTIVE SCHEMES AND LABOR
SUPPLY — Chair: Gerard van den Berg |
|
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Bruce Shearer (Université Laval), Piece Rates, Fixed Wages and Incentives: Evidence from a Field
Experiment
Discussant: Marc Ivaldi |
|
|
Victor Aguirregabiria (University of
Chicago), Evaluating the Effect of Regulated Severance
Payments on Employment, Wages, and Productivity
Discussant: Hanming Fang |
|
|
Christopher Ferrall, Estimation and
Inference in Social Experiments: The Self-Sufficiency Project and the Dynamics of Income
Assistance (abstract)
Discussant: Jim Walker |
|
2:00–3:30 |
PLENARY SESSION: Journal of Applied
Econometrics Annual Lecture Series (Lecture 1)
Guy Laroque, Income Maintainance Programs,
Minimum Wage and Employment in France |
|
2:00–3:30 |
SESSION 5: EQUILIBRIUM MODELS OF LABOR
SUPPLY AND SPORTS CONTENTS — Chair: Hanming Fang |
|
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Matt Dey (New York University) and Chris
Flinn (New York University), An Equilibrium Model of Health
Care Provision and Wage Determination
Discussant: Donna Gilleskie |
|
|
Geert Ridder (Johns Hopkins University) and
Gerard van den Berg (Free University Amsterdam), A
Cross-Country Comparison of Labor Market Frictions
Discussant: Zvi Eckstein |
|
|
Luca Rigotti (Tilburg University), Frederic
Palomino (Tilburg University) and Aldo Rustichini (Boston University), Skill, Strategy, and Passion: an Empirical Analysis of Soccer
Discussant: Christopher Ferrall |
|
3:45–5:45 |
SESSION 6: AUCTIONS — Chair: Chris
Timmins |
|
|
Stephen Donald (Boston University), Harry
Paarsch (University of Iowa) and Jacques Robert (Université de Montréal) Identification, Estimation, and Testing in Empirical Models of
Sequential, Ascending Price Auctions with Multi-Unit Demand: An application to Siberian
Timber-Export Permits
Discussant: Samita Sareen |
|
|
Samita Sareen (University of Tornoto and
Bank of Canada), The Economics of Timber Auctions in Southern
Ontario
Discussant: Harry Paarsch |
|
|
Isabelle Perrigne, Semiparametric
Estimation of First-Price Auctions with Risk-Averse Bidders
Discussant: Mathew Shum |
| SATURDAY |
8:15–10:15 |
SESSION 7: LIFE CYCLE MODELS OF RETIREMENT
— Chair: Patrick Bayer |
|
|
Eric French (Federal Reserve Bank of
Chicago), The Effects of Health, Wealth, and Wages on Labor
Supply and Retirement Behavior
Discussant: Hugo Benitez Silva |
|
|
Mark An (Duke University) ,Bent Christensen
(University of Aarhus) and Nabanita Gupta (University of Aarhus), A
Bivariate Duration Model of the Joint Retirement Decision of Married Couples
Discussant: Ann Stevens |
|
|
David Blau and Donna Gilleskie, A Dynamic
Structural Model of Health Insurance and Retirement (abstract)
Discussant: John Rust |
|
8:15–10:15 |
SESSION 8: ENDOGENOUS PRICING — Chair:
Steve Berry |
|
|
John Rust (Yale University) and George Hall
(Yale University), The (S,s) Rules Is an Optimal Trading Strategy
in a Class of Commodity Price Speculation Problems
Discussant: Sofronis Clerides |
|
|
Burton Hollifield (Carnegia Mellon
University), Robert Miller (Carnegie Mellon University) and Patrik Sandas (University of
Pennsylvania), An Empirical Analysis of Limit Order Markets
Discussant: Shyam Sunder |
|
10:30–12:30 |
SESSION 9: HUMAN CAPITAL — Chair:
Kenneth Wolpin |
|
|
Hanming Fang, Disentangling
the College Wage Premium: Estimating a Model with Endogenous Education Choices
Discussant: Robert Miller |
|
|
Fabien Postel-Vinay and Jean-Marc Robin, Expertise or Experience: What Raises Pay?
Discussant: Gerard van den Berg |
|
|
Susumu Imai (Pennsylvania State
University), Intertemporal Labor Supply and Human Capital
Accumulation
Discussant: Victor Aguirregabiria |
|
10:30–12:30 |
SESSION 10: ESTIMATING EQUILIBRIUM MODELS
OF COMMUNITY CHOICE — Chair: Ariel Pakes |
|
|
Patrick Bayer, Tiebout Sorting and Discrete
Choices: A New Explanation for Socioeconomic Differences in the Consumpton of School
Quality (abstract)
Discussant: Hamilton Lankford |
|
|
Kerry Smith, Spencer Banzhaf, Randy Walsh
and Holger Sieg, Measuring the Impact of Air Quality on Housing Markets and Residential
Choices in Southern California (abstract)
Discussant: Roni Shachar |
|
|
Christopher Timmins (Yale University,
Estimating the Amenity Costs of Global Warming in Brazil: Getting the Most From Available
Data (abstract)
Discussant: Matt Kahn |
|
2:00–3:30 |
PLENARY SESSION: Journal of Applied
Econometrics Annual Lecture Series (Lecture 2)
Guy Laroque, Breaking Down Married Female
Non-employment in France |
|
3:45-5:45 |
SESSION 11: TRAINING AND IMMIGRATION —
Chair: John Rust |
|
|
Zvi Eckstein (University of Tel Aviv and
Boston University) and Sarit Cohen (University of Tel Aviv), Training
and Occupational Choice of Highly Skilled Immigrants
Discussant: Stephen Cameron |
|
|
Yoram Weiss (Tel Aviv University, Robert M.
Sauer (Hebrew University of Jerusalem) and Menachem Gottlibovski (Academic College of
Tel-Aviv-Yaffo), Immigration, Search and Loss of Skill
Discussant: Christian Belzil |
|
|
John Kennan (University of
Wisconsin-Madison and NBER) and Jim Walker (University of Wisconsin-Madison and NBER), Geographical Wage Differentials, Welfare Benefis and Migration
Discussant: Kenneth Wolpin |
|
3:45–5:45 |
SESSION 12: DUTCH AND FIRST PRICE AUCTIONS
— Chair: Martin Pesendorfer |
|
|
Gerard van den Berg (Free University
Amsterdam and CEPR) and Bas van der Klauuw (Free University of Amsterdam and Tinbergen
Institute), Structural Empirical Analysis of Dutch Flower
Auctions
Discussant: Patrick Bajari |
|
|
Indranil Chakraborty and George Deltas, A
Two-stage Approach to Structural Econometric Analysis of First Price Auctions (Description)
Discussant: Bas van der Klauuw |
|
|
Patrick Bajari and Lixin Ye, Detecting
Collusion in Procurement Auctions (abstract)
Discussant: George Deltas |
| SUNDAY |
8:15–10:15 |
SESSION 13: SCHOOLING AND COLLEGE CHOICE
— Chair: Patrick Bayer |
|
|
Peter Arcidiacono (Duke University),
Affirmative Action in Higher Education: A Structural Model of the College Decision Making
Process (abstract)
Discussant: Michael Keane |
|
|
Christian Belzil (Concordia University) and
Jorgen Hansen (University of Bonn), Intergenerational Transfers
and the Rate of Time Preference in a Dynamic Model of Schooling Decisions
Discussant: Jean-Marc Robin |
|
|
Christopher Taber (Northwestern University)
and Steve Cameron (Columbia University and Federal Reserve Bank of New York), Borrowing Constraints and the Return to Schooling
Discussant: Bruce Meyer |
|
8:15–10:15 |
SESSION 14: EXTORTION, COLLUSION AND
NETWORK EXTERNALITIES — Chair: Chris Timmins |
|
|
Han Hong and Matthew Shum, Adverse Selection and Market Power in Milk Quota Double Auctions
Discussant: Martin Pesendorfer |
|
|
Dan Ackerberg, Gautam Gowrisankaran
and Joanna Stavins, Network Externalities and
Technology Adoption: Lessons from Electronic Payments
Discussant: Liran Einav |
|
|
Norman Offstein, A Guerrilla Movement that
Extorts an Oil Company
Discussant: Gustavo Gomez Sorzano |
|
10:30–12:30 |
SESSION 15: LABOR SUPPLY, FERTILITY, AND
WELFARE — Chair: John Rust |
|
|
M. Laura Di Tommaso (University of
Cambridge) and Melvyn Weeks (University of Cambridge), Decision
Structures and Discrete Choice: An Application to Labour Supply and Fertility
Discussant: Mark Montgomery |
|
|
Michael Keane (New York University and
University of Minnesota) and Kenneth Wolpin (University of Pennsylvania), "Estimating the Impact of Welfare on the Education,
Employment, Fertility and Marriage Decisions of Women
Discussant: Seth Sanders |
|
|
Bruce Meyer (Northwestern University) and
Brian Jenn (Northwestern University), A Structural Model of
Welfare, Taxes, Labor Supply and Program Participation
Discussant: Guy Laroque |
|
10:30–12:30 |
SESSION 16: IDENTIFICATION AND
COMPUTATION: Applications to Decision Theoretic and Game Theoretic Models — Chair:
Steve Berry |
|
|
Felix Kubler, Is
Intertemporal Choice Theory Testable?
Discussant: Donald Brown |
|
|
Gary Chamberlain (Harvard University), Econometric Applications of Maxmin Expected Utility
Discussant: Ben Polak |
|
|
Olivier Armantier (University of
Pittsburgh), Jean-Pierre Florens and Jean-Francois Richard, Nash
Equilibrium Approximation in Games of Incomplete Information
Discussant: Dirk Bergemann |