Working Papers

Efficeincy Gains in Rank-ordered Multinomial Logit Models

Arie Beresteanu

Federico Zincenko

Keywords: Rank-ordered Logit, Random Utility, Conditional Maximum Likelihood

Social surplus determines cooperation rates in the one-shot Prisoner's Dilemma

Luca Rigotti

Gary Charness and Aldo Rustichini

Keywords: Prisoner’s Dilemma, cooperation rates, beliefs, experiment

Experimentation in Organizations

Sofia Moroni

Keywords: principal-agent, moral hazard in teams, experimentation, two-armed bandit, contests

Sniping in Proxy Auctions with Deadlines

Sofia Moroni

Adam Kapor

Existence of trembling hand equilibrium in revision games with imperfect information

Sofia Moroni

Dynamic Contracts Under Loss Aversion

Sofia Moroni

Alejandro Jofre, Andrea Repetto

Keywords: principal-agent model, moral hazard, dynamic contracts, loss aversion

Subjective Independence and Concave Expected Utility

Roee Teper

Ehud Lehrer

Keywords: Subjective independence, codecomposable independence, uncertainty aversion, concave expected utility, Choquet expected utility, Ellsberg paradox, Machina paradox

Subjective Independence and Concave Expected Utility

Roee Teper

Ehud Lehrer

Keywords: Subjective independence, codecomposable independence, uncertainty aversion, concave expected utility, Choquet expected utility, Ellsberg paradox, Machina paradox

Probabilistic Dominance and Status Quo Bias

Roee Teper

Gil Riella

Keywords: Probabilistic dominance, status quo bias, comparative status quo bias, endowment eff ect, home bias

Sandwich Games

Roee Teper

Ehud Lehrer

Keywords: Cooperative games, Sandwich games, large core

The Endowment Effect as a Blessing

Roee Teper

Sivan Frankel, Yuval Heller

Keywords: Endowment Effect, Winner’s Curse, Bounded Rationality, Evolution, Hybrid-Replicator Dynamics.

Who is a Bayesian?

Roee Teper

Ehud Lehrer

Keywords: Learning, exchangeability, Bayesianism, local consistency, dynamic decision problem, almost exchangeable.

Learning the Krepsian State: Exploration Through Consumption

Roee Teper

Evan Piermont, Norio Takeoka

Keywords: responsive learning; subjective learning; conditional preferences; preference for flexibility.

Plans of Action

Roee Teper

Evan Piermont

Keywords: Responsive learning, bandit problems, correlated arms, strong exchangeability

Recasting the Iron Rice Bowl: The Reform of China's State Owned Enterprises

Daniel Berkowitz

Hong Ma, Shuichiro Nishioka

Keywords: Laborís Share, Capital-Labor Ratios, Product Market Power, Employment Protections, Elasticity of Substitution Between Capital and Labor
Publication Status: Forthcoming in the Review of Economics and Statistics

Nuns and the Effects of Catholic Schools Evidence from Vatican II

Rania Gihleb

Osea Giuntella

Dynamic Effects of Educational Assortative Mating on Labor Suppy

Rania Gihleb

Osnat Lifshitz

Keywords: educational assortative mating, female labor supply, human capital, inequality

Nonparametric Estimation of First-Price Auctions with Risk-Averse Bidders

Federico Zincenko

Keywords: First-price auction, risk aversion, independent private values, non- parametric estimation, sieve spaces

The Cost of Euro Adoption in Poland

Svitlana Maksymenko

Nataliya Muravytska

Keywords: euro adoption, real exchange rate, Poland

Likelihood Evaluation of High-Dimensional Spatial Latent Gaussian Models with Non-Gaussian Response Variables

Jean-François Richard

Roman Liesenfeld, Jan Vogler

Keywords: Count data models, Discrete choice models, Firm location choice, Importance sampling, Monte Carlo integration, Spatial econometrics

Pages