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Session 2: Empirical Implementation of Theoretical Models of Strategic Interaction and Dynamic Behavior

July 9 - 11, 2018

Organized by:

  • Frank Wolak, Stanford University
  • Bernard Salanie, Columbia University

The papers for this session are invited from the fields of empirical Industrial Organization (IO), Labor Economics, Public Finance, and Health Economics, Environmental and Energy Economics, and Development Economics.   The unifying feature of the papers should be that they each contain a theoretical model of an economic interaction and an empirical implementation of this theoretical model using actual data.  Popular topics for papers from previous years—the empirical implementation of models of auction market equilibrium, discrete choice models of differentiated product demand and oligopoly equilibrium, dynamic models of individual and group behavior, and analysis of experiment data of policy interventions in circumstances of non-random assignment or self-selection.  A clear link between the theoretical economic model and econometric model should be a hallmark of the papers presented.

In this Session

Jul 9 | 9:00 am to 10:00 am

Match or Mismatch: Learning and Inertia in School Choice

Presented by: Yusuke Narita, Yale University. Please find paper at
Jul 9 | 10:30 am to 11:30 am

Local Market Equilibrium and the Design of the Public Health Insurance System

Presented by: Naoki Aizawa, University of Wisconsin
Co-Author(s): Chao Fu, University of Wisconsin-Madison
Jul 9 | 1:00 pm to 2:00 pm

The Cost of Distorted Financial Advice: Evidence from the Mortgage Market

Presented by: Andrea Pozzi, EIEF-Italy
Co-Author(s): Luigi Guiso, EIEF; Anton Tsoy, EIEF; Leonardo Gambacorta, Bank of Italy; Paolo Mistrulli, Bank of Italy
Jul 9 | 2:30 pm to 3:30 pm

Demand and Welfare Analysis in Discrete Choice Models under Social Interactions

Presented by: Shin Kanaya, University of Aarhus
Co-Author(s): Pascaline Dupas, Stanford University; Debopam Bhattacharya, Cambridge University
Jul 9 | 4:00 pm to 5:00 pm

Fast, Robust and Approximately Correct: Estimating Mixed Demand Systems

Presented by: Bernard Salanie, Columbia University
Jul 10 | 9:00 am to 10:00 am

Using Real-Time Pricing and Information Provision to Shift Intra-Day Electricity Consumption: Evidence from Denmark

Presented by: Frank Wolak, Stanford University
Jul 10 | 10:30 am to 11:30 am

Dynamic Regulatory Distortions: Coal Procurement at US Power Plants

Presented by: Akshaya Jha, Carnegie Mellon University
Jul 10 | 1:00 pm to 2:00 pm

Bidder Asymmetries in Procurement Auctions: Efficiency vs. Information

Presented by: Christoph Wolf, Bocconi University
Co-Author(s): Stefan Weiergraeber, Indiana University, Bloomington
Jul 10 | 2:30 pm to 3:30 pm

Demanding Innovation: The Impact of Consumer Subsidies on Solar Panel Production Costs

Presented by: Todd Gerarden, Harvard University
Jul 10 | 4:00 pm to 5:00 pm

Heterogeneous Impacts of Cost Shocks, Strategic Bidding and Pass-Through: Evidence from the New England Electricity Market

Presented by: Harim Kim, University of Mannheim
Jul 11 | 9:00 am to 10:00 am

Common Ownership and Competition in the Ready-To-Eat Cereal Industry

Presented by: Christopher Conlon, New York University
Co-Author(s): Matthew Backus, Columbia University
Jul 11 | 10:30 am to 11:30 am

Dynamic Competition in the Era of Big Data

Presented by: Brad Larsen, Stanford University
Co-Author(s): Elena Pastorino, Stanford University; Patrick Kehoe, Stanford University
Jul 11 | 1:00 pm to 2:00 pm

The Efficiency of a Dynamic Decentralized Two-Sided Matching Market

Presented by: Chenyu Yang, University of Rochester
Co-Author(s): Tracy Xiao Liu, Tsinghua University; Zhixi Wan, University of Oregon
Jul 11 | 2:30 pm to 3:30 pm

Quantifying Delay Externalities in Airline Networks

Presented by: John Lazarev, New York University
Co-Author(s): Jakub Kastl, Princeton University; Liyu Dou, Princeton University
Jul 11 | 4:00 pm to 5:00 pm

Public Communication and Collusion in the Airline Industry

Presented by: Gaurab Aryal, University of Virginia
Co-Author(s): Federico Ciliberto, University of Virginia; Benjamin Leyden, University of Virginia