Events

Upcoming Events

  • Simon Board

    Apr 05, 2017

    Strategy Department

    Seminar Series
    UCLA
    Title: TBD

    1:30pm -- 3:00pm
    Location: Allen Center--Barr Forum

  • John Asker

    Apr 12, 2017

    Strategy Department

    Seminar Series
    UCLA
    Title: TBD

    1:30pm -- 3:00pm
    Location: Allen Center--Barr Forum

  • Johannes Horner

    Apr 19, 2017

    Strategy Department

    Seminar Series
    Yale University
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

  • Rocco Macchiavello

    Apr 26, 2017

    Strategy Department

    Seminar Series
    University of Warwick
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

  • Ben Handel

    May 03, 2017

    Strategy Department

    Seminar Series
    UC--Berkeley
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

  • Andy Skrzypacz

    May 10, 2017

    Strategy Department

    Seminar Series
    Stanford University
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

  • Kate Ho

    May 17, 2017

    Strategy Department

    Seminar Series
    Columbia University
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

  • Rafaella Sadun

    May 24, 2017

    Strategy Department

    Seminar Series
    Harvard University
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

  • Steven Callander

    May 31, 2017

    Strategy Department

    Seminar Series
    Stanford University
    Title: TBD

    1:30pm -- 3:00pm
    Location: TBD 

Past Events

  • Leslie Marx

    Feb 15, 2017

    Strategy Department

    Seminar Series
    Duke University
    Title: A Mechanism Design Approach to Merger Review

    1:30pm -- 3:00pm
    Location: Allen Center--Room 221

  • Jonah Rockoff

    Feb 08, 2017

    Strategy Department

    Seminar Series
    Columbia University
    Title: Teacher Applicant Hiring and Teacher Performance: Evidence from DC Public Schools

    1:30pm -- 3:00pm
    Location: Jacobs 619

  • Juan Ortner

    Feb 01, 2017

    Strategy Department

    Seminar Series
    Boston University
    Title: TBD

    1:30pm -- 3:00pm
    Location: Jacobs 619

  • David Silver

    Jan 25, 2017

    Strategy Department

    Seminar Series
    UC--Berkeley
    Haste or Waste?  Peer Pressure and the Distribution of Marginal Returns to Health Care

    1:30pm -- 3:00pm
    Location: Jacobs 619

  • John Van Reenen

    Jan 18, 2017

    Strategy Department

    Seminar Series
    Massachusetts Institute of Technology
    Management as a Technology

    1:30pm -- 3:00pm
    Location: Jacobs 619

  • Johnny Chan

    Dec 06, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    Product Differentiation Under Search and Competition: Evidence from the Home Improvement Industry

    12:05pm-1:05pm, Jacobs Center Room 619

  • Joel Watson

    Nov 30, 2016

    Strategy Department

    Seminar Series
    UC -- San Diego
    Plain Consistency, A General Definition of Perfect Bayesian Equilibrium, and an Application to Evidence Disclosure.

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Philip Marx

    Nov 29, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Learning & Bias"

    12:05pm-1:05pm, Jacobs Center Room 619

  • Eddie Lazear

    Nov 09, 2016

    Strategy Department

    Seminar Series
    Stanford University
    Demographics and Entrepreneurship

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Linyi Zhang

    Nov 08, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "China's Trade Shock on U.S. Public Manufacturing Firms' Innovation"

    12:05pm-1:05pm, Jacobs Center Room 619

  • Paul Oyer

    Nov 02, 2016

    Strategy Department

    Seminar Series
    Stanford University
    The Roles of Nature and Nurture in Entrepreneurial Success

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Rainer Widmann

    Nov 01, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "The Effect of Government Research Grants on Firm Innovation: Theory and Evidence from Austria"

    12:05pm-1:35pm, Jacobs Center Room 619

  • David Miller

    Oct 26, 2016

    Strategy Department

    Seminar Series
    University of Michigan
    Relational Contracting with External Enforcement

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Soheil Ghili

    Oct 25, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    Network Formation and Bargaining in Vertical Markets: The Case of Narrow Networks in Health Insurance

    12:05pm-1:35pm, Jacobs Center Room 619

  • Lisa Kahn

    Oct 19, 2016

    Strategy Department

    Seminar Series
    Yale University
    Do Recessions Accelerate Routine-Biased Technological Change?  Evidence from Vacancy Postings.
    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Paolina Medina

    Oct 18, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Selective Attention in Consumer Finance: Evidence from a Randomized Intervention in the Credit Card Market"

    12:05pm-1:35pm, Jacobs Center Room 619

  • Alberto Galasso

    Oct 12, 2016

    Strategy Department

    Seminar Series
    University of Toronto
    Patents Rights, Innovation and Firm Exit

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Tom Hamami

    Oct 11, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Network Effects, Bargaining Power, and Product Review Bias: Theory and Evidence:

    12:05pm-1:35pm, Jacobs Center Room 619

  • Reed Walker

    Oct 05, 2016

    Strategy Department

    Seminar Series
    UC -- Berkeley
    Energy Prices, Pass-Through, and Incidence in U.S. Manufacturing

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Can Urgun

    Oct 04, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Contract Manufacturing Relationships"

    12:05pm-1:35pm, Jacobs Center Room 619

  • Navin Kartik

    Sep 28, 2016

    Strategy Department

    Seminar Series
    Columbia University
    "Single-Crossing Differences on Distributions"

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Jeffrey Mensch

    Sep 27, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    Economics Department Guest Speaker
    "On the Existence of Monotone Pure-Strategy Perfect Bayesian Equilibrium in Games with Complementarities"

      12:05pm-1:05pm, Jacobs Center Room 619

  • Emir Kamenica

    Sep 21, 2016

    Strategy Department

    Seminar Series
    University of Chicago
    Title: Competition in Persuasion

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Johnny Chan

    Jun 07, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Product Differentiation in the Digital Economy: Evidence from Tagging"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Lee Branstetter

    Jun 01, 2016

    Strategy Department

    Seminar Series
    Carnegie Mellon University
    Title: Starving (or Fattening) the Golden Goose: Generic Entry and the Incentives for Early-Stage Pharmaceutical Innovation
    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Rainer Widmann

    May 31, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "The Effect of Government Research Grants on the Ambition and Direction of Industrial R&D: Theory and Evidence from the Austrian Research Fund Agency FFG"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Canice Prendergast

    May 25, 2016

    Strategy Department

    Seminar Series
    University of California--Los Angeles
    Title forthcoming

    1:30pm - 3:00pm
    Jacobs Center Room 619

  • Wouter Dessein

    May 24, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    Distinguished Visitor
    Title: Models of Management

    12:05pm -- 1:35pm
    Jacobs Center Room 619

  • Jeffrey Clemens

    May 18, 2016

    Strategy Department

    Seminar Series
    University of California -- San Diego
    Title: The Minimum Age and the Great Recession

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Soheil Ghili

    May 17, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    Title:  Hospital Networks, Price Negotiation, and Premiums in the Health Insurance Industry
    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Leila Agha

    May 11, 2016

    Strategy Department

    Seminar Series
    Boston University
    Title: Expert Discretion and Guidelines: Evidence from Warfarin Administration

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Tom Hamami

    May 10, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Expert Product Reviews and Conflict-of-Interest: The Case of Game Informer"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Adam Isen

    May 04, 2016

    Strategy Department

    Seminar Series
    Office of Tax Analysis, U.S. Department of the Treasury
    "Un-Fortunate Sons: Effects of the Vietnam Draft Lottery on the Next Generation's Labor Market"

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Colin Shopp

    May 03, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Deadlines"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Dilip Mookherjee

    Apr 27, 2016

    Strategy Department

    Seminar Series
    Boston University
    Ex Ante Collusion and Organizational Design

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Linyi Zhang

    Apr 26, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Knowledge Spillovers of Manufacturing Firms"

      12:05pm-1:05pm, Jacobs Center Room 619

  • Alessandro Bonatti

    Apr 20, 2016

    Strategy Department

    Seminar Series
    Massachusetts Institute of Technology
    Title: "Designing and Pricing Information"

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Rafayal Ahmed

    Apr 19, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Dynamic Contracts with Short Term Commitment"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Owen Zidar

    Apr 13, 2016

    Strategy Department

    Seminar Series
    University of Chicago
    "Who Benefits from State Corporate Tax Cuts?  A Local Labor Markets Approach with Heterogeneous Firms"

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Paolina Medina

    Apr 12, 2016

    Strategy Department

    MECS Brown Bag
    "Limited Attention in the Credit Card Market: Experimental Evidence from a Financial Management Software"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Kathryn Shaw

    Apr 06, 2016

    Strategy Department

    Seminar Series
    Stanford University
    "The Assimilation of Hispanics: Evidence from Retail"

    1:30 pm -- 3:00pm
    Jacobs Center Room 619

  • Dean Karlan

    Apr 05, 2016

    Strategy Department

    Seminar Series
    Yale University
    Unshrouding Effects on Demand for a Costly Add-on: Evidence from Bank Overdrafts in Turkey

    1:30pm - 3:00pm
    Jacobs Center Room 1246

  • Stephanie Holmes

    Apr 05, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Pretrial Detention and Criminal Case Outcomes: Evidence from the Federal Courts"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Hugo Hopenhayn

    Mar 30, 2016

    Strategy Department

    Seminar Series
    University of California -- Los Angeles
    Title forthcoming

    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Ahmet Colak

    Mar 29, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Auto Recalls: A Game of Chicken"

    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • Thomas Jungbauer

    Mar 08, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Matching"

      12:05pm-1:05pm, Jacobs Center Room 619

  • Can Urgun

    Mar 01, 2016

    Strategy Department

    MECS Brown Bag Seminar Series
    "Relational Contracts with Entrenchment"

      12:05pm-1:05pm, Jacobs Center Room 619

  • HEMA and Strategy Department

    Dec 08, 2015

    Distinguished Visitor Brown Bag

    Boston University
    Title: "The Costs of Fragmented Care Delivery"

    12:05pm - 1:35pm, Jacobs Room 619  (Note: 90 minutes)

  • Zhuqing Yang

    Dec 01, 2015

    Strategy Department

    MECS Brown Bag
    Title Forthcoming
    12:05pm - 1:05pm
    Jacobs Center Room 619

  • Michael Luca

    Nov 18, 2015

    Strategy Department

    Seminar Series
    Harvard University
    Title Forthcoming
    1:30pm - 3:00pm
    Jacobs Center Room 619

  • Paolina Medina

    Nov 17, 2015

    Strategy Department

    MECS Brown Bag (CANCELLED)
    "Limited Attention and Credit Card Delinquency"

  • Tongtong Shi

    Nov 13, 2015

    Strategy Department

    MECS Brown Bag
    "The Welfare Impact of Contingent Free Shipping: Evidence from a Chinese Online Bookstore"
    12:05pm - 1:05pm
    Jacobs Center Room 619
    Please note:  takes place on Friday not Tuesday

  • Sara Ellison

    Nov 04, 2015

    Strategy Department

    Seminar Series
    Massachusetts Institute of Technology
    "Match Quality, Search, and the Internet Market for Used Books"
    1:30pm - 3:00pm
    Jacobs Center Room 619

  • Soheil Ghili

    Nov 03, 2015

    Strategy Department

    MECS Brown Bag
    "Estimation of Network Formation and Bargaining"
    12:05pm - 1:05pm
    Jacobs Center Room 619

  • Willie Fuchs

    Oct 28, 2015

    Strategy Department

    Seminar Series
    University of California--Berkeley
    "Information Spillovers in Asset Markets with Correlated Values"
    1:30pm - 3:00pm
    Jacobs Center Room 619

  • Johnny Chan

    Oct 27, 2015

    Strategy Department

    MECS Brown Bag
    "Music Content Value in Multi-sided Markets"
    12:05pm - 1:05pm
    Jacobs Center Room 619

  • Mitch Hoffman

    Oct 21, 2015

    Strategy Department

    Seminar Series
    University of Toronto
    "Discretion in Hiring" (Note: NEW PAPER)
    1:30pm - 3:00pm
    Jacobs Center Room 619

  • Rafayal Ahmed and Philip Marx

    Oct 20, 2015

    Strategy Department

    MECS Brown Bag
    Rafayal Ahmed: "Asymmetric All-pay Auctions"
    Philip Marx: "Matching & Platform Design"
    12:05pm - 1:05pm
    Jacobs Center Room 619

  • Andrei Hagiu

    Oct 14, 2015

    Strategy Department

    Seminar Series
    Harvard  University
    "Enabling Versus Controlling"
    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Chen Cheng

    Oct 13, 2015

    MECS

    Brown Bag Seminar Series
    "When Formal Performance Measure Meets the Informal: Contracting with Employee Evaluations"  (90 minutes)
    12:05pm -- 1:35pm
    Jacobs Center Room 619

  • Ali Yurukoglu

    Oct 07, 2015

    Strategy Department

    Seminar Series
    Stanford University
    "The Welfare Effects of Vertical Integration in Multichannel Television"
    1:30pm -- 3:00pm
    Jacobs Center Room 619

  • Thomas Jungbauer

    Oct 06, 2015

    MECS

    Brown Bag Seminar Series
    "Matching and Price Competition with Multiple Vacancies"
    12:05pm -- 1:35pm (Please note: 90  minutes)
    Jacobs Center Room 619

  • Renee Bowen

    Sep 30, 2015

    Strategy Department

    Seminar Series
    Stanford University
    "Dynamic Coalitions"
    1:30pm -- 3:00pm
     Jacobs Center Room 619

  • Tomer Hamami and Colin Shopp

    Sep 29, 2015

    MECS

    Brown Bag Seminar Series
    Tomer Hamami: "Network Effects, Bargaining Power, and Product Review Bias: Evidence"
    Abstract:  [Note: This talk focuses mostly on the empirical portions of the paper.] There are many industries in which expert reviews of products exist almost exclusively within the confines of publications or websites dedicated specifically to those industries. Such reviewers depend critically on the cooperation of producers for both advertising revenues and early access to products in order to produce content for consumers. The asymmetry of this relationship creates a conflict of interest; large producers ostensibly have motive and opportunity to flex their bargaining muscles and force reviewers to inflate reviews of their products. In this article, I construct a theoretical framework for studying this possibility and find that it is not obvious that producers have incentive to force inflated reviews when consumers are rational. However, if some fraction of consumers benefits from positive network externalities, there does exist an equilibrium where the producer induces maximal review inflation. As evidence that the video game journalism industry is in this equilibrium, I compare data on both professional and user reviews and demonstrate that professional reviewers are more likely to inflate reviews of games produced by the largest publishers and of games from pre-existing successful franchises. Moreover, this framework yields additional insight about why professional reviews are still so valuable at the height of the information age; in addition to serving as a conduit for information, these reviews serve as a coordination device for enthusiasts with network effects that must jointly decide which products to early adopt.

    Colin Shopp: "Deadlines"
    "I raise questions about the role of deadlines in motivating agents. I discuss their purported role within popular management literature and ask whether our current economic tools can fully account for this. I suggest that they cannot and conjecture a different economic force."
    12:05pm -- 1:05pm
    Jacobs Center Room 619

  • William Monter

    Sep 24, 2015

    Workshop in Economic History

    Northwestern University
    "How European Coins got Dates, 1400-1700"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Amanda Starc

    Sep 23, 2015

    Strategy Seminar Series

    Wharton School of the University of Pennsylvania
    "Ask Your Doctor?  Direct to Consumer Advertising of Pharmaceuticals"

    1:30p-3:00p, Jacobs Center Room 619

  • Matt Schmitt

    Sep 22, 2015

    Brown Bag Seminar Series

    "Multimarket Contact in the Hospital Industry"  (90 minutes)

      12:05p-1:35p, Jacobs Center Room 619

  • Massimo Motta

    Sep 21, 2015

    Workshop in Industrial Organization

    Barcelona Graduate School of Economics
    "Mergers and Investment"
    12:00 PM - 1:30 PM, Donald P. Jacobs Center, 4214

  • Egor Starkov

    Sep 21, 2015

    Economics 501: Graduate Student Seminar

    Northwestern University
    "Stochastic Romance: a Tale of Two-Sided Experimentation"
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Arjada Bardhi

    Jun 10, 2015

    Economics 501: Graduate Student Seminar

    Northwestern University
    "The Political Economy of Public Information in the Times of Ponzi Schemes: The case of Albania, 1993-1997"
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Brian Beach

    Jun 04, 2015

    Workshop in Economic History

    University of Pittsburgh
    "Who should own and control urban water systems? Disease and the municipalization of private waterworks in 19th century England"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Florian Ederer

    Jun 03, 2015

    Strategy Seminar Series

    Yale School of Management
    1:30 - 3:00 p.m. Jacobs Center, Room 619

  • Ben Handel

    Jun 01, 2015

    Workshop in Industrial Organization

    University of California, Berkeley
    "What Does a Deductible Do? The Impact of Cost-Sharing on Health Care Prices, Quantities, and Spending Dynamics"
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Hugh Rockoff

    May 28, 2015

    Workshop in Economic History

    Rutgers University
    "O.M.W. Sprague and the Great Depression"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Alan Sorensen

    May 27, 2015

    Strategy Seminar Series

    University of Wisconsin - Madison
    1:30 - 3:00p.m. Jacobs Center, Room 619

  • Kamran Bilir

    May 20, 2015

    Strategy Seminar Series

    University of Wisconsin - Madison 
    1:30 - 3:00 p.m. Jacobs Center, Room 619

  • Aaron Bodoh-Creed

    May 13, 2015

    Strategy Seminar Series

    Haas School of Business University of California, Berkeley
    1:30 - 3:00 p.m. Jacobs Center, Room 619

  • Rainder Widman

    May 01, 2015

    Brown Bag Seminar Series

    Kellogg Strategy Spring 2015
    Fridays in Leverone Hall, Room 619

    "Research subsidies in a globalized world. A note on the Political Economy of government support to business R&D”

  • Joshua Gans

    Apr 29, 2015

    Strategy Seminar Series

    Rotman School of Management, University of Toronto
    1:30 - 3:00 p.m. Jacobs Center, Room 619

  • Tom Hamami and Matt Schmitt

    Apr 28, 2015

    Brown Bag Seminar Series

    Kellogg Strategy Spring 2015 Brown Bag Seminar Series
    Leverone Hall, Conference Room 619

    Tom Hamami

    "Network Effects, Bargaining Power, and Product Review Bias: Theory and Evidence from the Video Game Industry"

    Matt Schmitt

    “Multimarket Contact in the Hospital Industry”

  • Larry Samuleson

    Apr 22, 2015

    Strategy Seminar Series

    Yale University
    A. Douglas Melamed Professor of Economics; Director, Cowles Foundation
    1:30 - 3:00 p.m. Jacobs Center, Room 619


    "The Implementation Duality"

    Abstract
    We use the theory of abstract convexity to study adverse-selection principal-agent problems and two-sided matching problems, departing from much of the literature by not requiring quasilinear utility. We formulate and characterize a basic underlying implementation duality. We show how this duality can be used to obtain a sharpening of the taxation principle, to obtain a general existence result for solutions to the principal-agent problem, to show that (just as in the quasilinear case) all increasing decision functions are implementable under a single crossing condition, and to obtain an existence result for stable outcomes featuring positive assortative matching in a matching model.

  • Ronald Edwards

    Apr 17, 2015

    Workshop in Economic History

    Tamkang University
    Topic TBA
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Jonathan Rose

    Apr 16, 2015

    Workshop in Economic History

    Federal Reserve Board of Governors)
    "Stability Amidst Financial Contagion: The Case of Massachusetts Savings Banks during the Great Depression"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Judy Chevalier

    Apr 08, 2015

    Strategy Seminar Distinguished Visitor

    Yale School of Management
    1:30 - 3:00 p.m. Jacobs Center Room 619

    "Best Prices: Price Discrimination and Consumer Substitution"

    Abstract

    We propose a method for constructing price indices when retailers use periodic sales to price-discriminate amongst heterogeneous customers. To do so, we introduce a model in which Loyal customers buy one brand and do not strategically time purchases, while Bargain Hunters always pay the lowest price available, the “best price”. We derive the ideal price index and demonstrate em-pirically that accounting for our best price construct substantially improves the match between conventional price indices and actual prices paid by consumers. We demonstrate that our methodology improves inflation measurement without imposing an unrealistically large burden on the data-collection agency.

  • Mara Lederman

    Apr 01, 2015

    Strategy Seminar

    University of Toronto, Rotman School of Management
    1:30 - 3:00 p.m. Jacobs Center Room 619


    "Revisiting the Relationship between Competition and Price Discrimination: New Evidence from the Canadian Airline Industry"

    Abstract

    We revisit the relationship between competition and price discrimination in the airline industry. Building on early theoretical work on price discrimination under imperfect competition, we develop a simple model which shows that, if consumers differ in terms of both their underlying willingness-to-pay for a flight and their degree of brand loyalty, competition may increase fare differences be-tween some types of travellers while decreasing them between others. Using a novel source of data on airfares that allows us to distinguish tickets sold to different types of travellers, we estimate the impact of market structure on fare differences in the Canadian domestic airline industry. We find that competition increases cross-cabin fare differentials but decreases fare differentials between most Discount Coach passengers. Our analysis sheds light on conflicting findings from earlier work in this area and highlights the fact that the relationship between competition and price dispersion depends on the basis of customer segmentation in an industry.

  • Karim Lakhani

    Mar 04, 2015

    Strategy Seminar

    Harvard Business School and Institute for Quantitative Social Science

    1:30-3:00 p.m. Jacobs Center Room 619


    "Looking across and Looking Beyond the Knowledge Frontier: Intellectual Distance and Resource Allocation in Science"

    Abstract:

    Selecting among alternative projects is a core management task in all innovating organizations. In this paper, we focus on the evaluation of frontier scientific research projects. We argue that the intellectual distance between the knowledge embodied in research proposals and an evaluator's own expertise systematically relates to the evaluations given. To estimate relationships, we designed and executed a grant proposal process at a leading research university in which we randomized the assignment of evaluators and proposals to generate 2,130 evaluator-proposal pairs. We find that evaluators systematically give lower scores to research proposals that are closer to their own areas of expertise and to those that are highly novel. The patterns are consistent with biases associated with boundedly rational evaluation of new ideas. The patterns are inconsistent with intellectual distance simply contributing “noise” or being associated with private interests of evaluators. We discuss implications for policy, managerial intervention and allocation of resources in the ongoing accumulation of scientific knowledge.




  • Thomas Wollman

    Feb 13, 2015

    Junior Faculty Recruiting Candidate Seminar

    Harvard University
    "Trucks without bailouts: Equilibrium product characteristics for commercial vehicles"
    12:15 p.m. - 1:45 p.m. Jacobs Center Room 619

  • Jamie McCasland

    Feb 11, 2015

    Junior Faculty Recruiting Candidate Seminar

    University of California, Berkeley
    "Are Small Firms Labor Constrained? Experimental Evidence from Ghana"
    1:30 p.m. - 3:00 p.m. Jacobs Center Room 619

  • Daniel Gross

    Feb 09, 2015

    Junior Faculty Recruiting Candidate Seminar

    University of California, Berkeley
    "Creativity Under Fire: The Effects of Competition on Innovation and the Creative Process"
    1:30 p.m. - 3:00 p.m. Jacobs Center Room 619

  • Reka Juhasz

    Feb 06, 2015

    Junior Faculty Recruiting Candidate Seminar

    London School of Economics & Political Science
    "Temporary Protection and Technology Adoption: Evidence from the Napoleonic Blockade"
    12:15 p.m. - 1:45 p.m. Jacobs Center Room 619

  • Troy Smith

    Feb 04, 2015

    Junior Faculty Recruiting Candidate Seminar

    Stanford University
    "Private Equity Investment in India: Efficiency vs Expansion"
    10:30 a.m. - 12:00 noon Jacobs Center Room 619

  • Michael Dinerstein

    Feb 02, 2015

    Junior Faculty Recruiting Candidate Seminar

    Stanford University
    "Quantifying the Supply Response of Private Schools to Public Policies"
    1:30 p.m. - 3:00 p.m. Jacobs Center Room 619

  • Joe Mazur

    Jan 30, 2015

    Junior Faculty Recruiting Candidate Seminar

    Duke University
    "Can Stricter Bankruptcy Laws Discipline Capital Investment? Evidence from the U.S. Airline Industry"
    12:15 p.m. - 1:45 p.m. Jacobs Center Room 619

  • Tarek Ghani

    Jan 28, 2015

    Junior Faculty Recruiting Candidate Seminar

    University of California, Berkeley, Haas School of Business
    "Competing for Relationships: Markets and Informal Institutions in Sierra Leone"
    10:30 a.m. - 12 noon Jacobs Center Room 619

  • Mark Shepard

    Jan 26, 2015

    Junior Faculty Recruiting Candidate Seminar

    Harvard University
    "Hospital Network Competition and Adverse Selection: Evidence from the Massachusetts Health Insurance Exchange"
    2:00 p.m. - 3:30 p.m. Jacobs Center Room 619

  • Nicola Bianchi

    Jan 23, 2015

    Junior Faculty Recruiting Candidate Seminar

    Stanford University
    "The General Equilibrium Effects of Educational Expansion"
    12:15 p.m. - 1:45 p.m. Jacobs Center Room 619

  • Nicola Bianchi

    Jan 23, 2015

    Junior Faculty Recruiting Candidate Seminar

    Stanford University
    "The General Equilibrium Effects of Educational Expansion"
    12:15 p.m. - 1:45 p.m. Jacobs Center Room 619

  • Judd Boomhower

    Jan 21, 2015

    Junior Faculty Recruiting Candidate Seminar

    University of California, Berkeley
    "Drilling Like There's No Tomorrow: Bankruptcy, Insurance, and Environmental Risk"
    10:30 a.m. - 12:00 noon Jacobs Center Room 619

  • Mallika Thomas

    Jan 20, 2015

    Junior Faculty Recruiting Candidate Seminar

    University of Chicago
    "The Impact of Mandated Maternity Benefits on the Gender Differential in Promotions: Examining the Role of Adverse Selection"
    1:30PM - 3:00PM Jacobs Center Room 619

  • Titan Alon

    Dec 10, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Joyee Deb

    Dec 03, 2014

    Strategy Seminar

    Yale University
    Relational Contracts with Subjective Peer Evaluations
    1:30-3:00 p.m. Jacobs Center Room 619

  • Megan Lawrence (HBS) & Rafayal Ahmed

    Dec 02, 2014

    Brown Bag Seminar Series

    Presentation Titles:

    Lawrence: "Organizational learning in large firms"
    Ahmed: "Technology Licensing Contract"
    Abstracts:
    TBA

  • Paolina Medina & Colin Jeffrey Shopp

    Nov 25, 2014

    Brown Bag Seminar Series

    Presentation Titles:

    TBA
    Abstracts:
    TBA

  • Chris Conlon

    Nov 19, 2014

    Strategy Seminar

    Columbia University
    The Price of Liquor is Too Damn High
    1:30-3:00 p.m. Jacobs Center Room 619

  • Stephanie Holmes Didwania & Tom Hamami

    Nov 18, 2014

    Brown Bag Seminar Series

    Presentation Titles:

    Holmes Didwania: "The Effects of Pretrial Release in Criminal Cases"
    Hamami: "Signaling and Efficiency in Gift Exchange: An Application to Tipping"
    Abstracts:
    TBA

  • Chen Cheng & Soheil Ghili

    Nov 11, 2014

    Brown Bag Seminar Series

    Presentation Titles:

    Cheng: "Moral hazard in teams with subjective evaluation"
    Ghili: "Industrial Organization of Health Insurance
    Abstracts:
    TBA

  • Stephen Ryan

    Nov 05, 2014

    Strategy Seminar

    University of Texas
    The Welfare Effects of Supply-Side Regulations in Medicare Part D
    1:30-3:00 p.m. Jacobs Center Room 619

  • Shane Greenstein

    Nov 04, 2014

    Brown Bag Seminar Series

    Presentation Title

    "Do Experts or Collective Intelligence Write with More Bias? Evidence From Encyclopedia Britannica and Wikipedia"
    Abstracts:
    TBA

  • Paul Gertler

    Oct 29, 2014

    Strategy Seminar

    Haas School of Business, UC Berkeley
    Temporary Incentives and Long-run Medical Care Performance: Evidence from a Field Experiment
    1:30-3:00 p.m. Jacobs Center Room 619

  • Matthew Schmitt & Christopher Ody

    Oct 28, 2014

    Brown Bag Seminar Series

    Presentation Titles:

    Schmitt: "Hospital Mergers and Costs"
    Ody: "Hospital and Physician Integration"
    Abstracts:
    TBA

  • Michael Greenstone

    Oct 22, 2014

    Strategy Seminar

    Chicago Booth
    The Value of Regulatory Discretion: Estimates from Environmental Inspections in India
    1:30-3:00 p.m. Jacobs Center Room 619

  • Dan Barron & Mike Powell

    Oct 21, 2014

    Brown Bag Seminar Series

    Presentation Title:

    "Policy Commitments in Relational Contracts"
    Abstract:
    How should an organization choose policies to strengthen its relationships with employees and partners? We explore how biased policies arise in relational contracts using a flexible dynamic game between a principal and several agents with unrestricted vertical transfers and symmetric information. If relationships are publicly observed, then optimal policies are never biased---they are always chosen to maximize total continuation surplus. In contrast, if relationships are bilateral---each agent observes only his own output and pay---then the principal may systematically choose backward-looking, history-dependent policies to credibly reward an agent who performed well in the past. We first show that biased policies are prevalent in a broad class of settings. Then we argue that biases can manifest in interesting ways in a variety of simple examples. For instance, hiring may lag demand following a recession, investments may be delayed and awarded inefficiently, and allocation decisions may "stick with" an inefficient worker.

  • Ludovico Zaraga

    Oct 16, 2014

    Workshop in Economic History

    Northwestern University)
    Title TBA
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Luis Rayo

    Oct 15, 2014

    Strategy Seminar

    University of Utah
    TBD
    1:30-3:00 p.m. Jacobs Center Room 619

  • Felipe Shalders

    Oct 15, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Yasin Ozcan

    Oct 14, 2014

    Brown Bag Seminar Series

     Presentation Title & Abstract:

    TBA

  • Jorge Lemus

    Oct 13, 2014

    Workshop in Industrial Organization

    Northwestern University
    "Outsourcing Patent Enforcement: The Effect of Patent Privateers"
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Rene Leal Vizcaino

    Oct 13, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Anthony Wray

    Oct 09, 2014

    Workshop in Economic History

    Northwestern University
    "Childhood Health and Long-Run Economic Opportunity in 19th-Century Victorian England"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Amitabh Chandra

    Oct 08, 2014

    Strategy Seminar

    Harvard and the NBER
    Overuse, Underuse, and Comparative Advantage in Healthcare
    1:30-3:00 p.m. Jacobs Center Room 619

  • Krzysztof Kalisiak

    Oct 08, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Anthony Wray

    Oct 07, 2014

    Brown Bag Seminar Series

    Presentation Title:

    "Childhood health and long-run economic opportunity in 19th-century Victorian England"
    Abstract:
    TBA

  • Janjala Chirakijja

    Oct 06, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Nico Voigtlaender

    Oct 02, 2014

    Workshop in Economic History

    University of California, Los Angeles
    "Human Capital and Industrialization: Evidence from the Age of Enlightenment"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Joshua Gottlieb

    Oct 01, 2014

    Strategy Seminar

    University of British Columbia
    In the Shadow of a Giant: Medicare's Influence on Private Physician Payments
    1:30-3:00 p.m. Jacobs Center Room 619

  • R. Andrew Butters

    Sep 30, 2014

    Brown Bag Seminar Series

    Presentation Title:

    "Demand Volatility, Temporal Aggregation, and Productivity"
    Abstract:
    I explore the extent temporal aggregation masking demand volatility differences is responsible for measured productivity variation across firms by examining productivity measures of hotels and airlines. Temporal aggregation resulting from sampling procedures prevents differences in demand volatility within the sampling period from being used when measuring productivity. Differences in annual demand volatility explain as much as 50 percent of the measured productivity variation of hotels at the market-segment-year level, and none of the productivity variation of airlines at the destination level. I conclude productivity measures are sensitive to the size of adjustment costs within typical sampling frequencies.

  • Eric Budish

    Sep 24, 2014

    Strategy Seminar

    Chicago Booth
    The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response
    1:30-3:00 p.m. Jacobs Center Room 619

  • Pinghan Liang

    Sep 23, 2014

    Brown Bag Seminar Series

    Associate Professor  |  RIEM, Southwestern University of Finance and Economics
     
    Presentation Title:

    "Information, Control, and Government Oversizing: Unintended Consequences of Checks and Balances in a One-party System"
    Abstract:
    In the past two decades, the size of Chinese government attains remarkably rapid expansion, in spite of repeated downsizing campaigns initiated by the central government. This paper suggests that the internal checks and balances within local leadership might be responsible for oversizing government. We exploit the institutional features of CCP local standing committee (SC), the de facto decision-making body in each level, and construct an index to describe the constraints on chief executives (Party secretaries) by other SC members. It is shown that more internal constraints on Party secretaries are associated with more senior positions, and this association entirely disappears when the Party secretary enjoys substantial real or formal authority, or is promoted locally. It is further demonstrated that one standard deviation increase in senior positions is associated with a 13% increase in public sector employment. Government oversizing is correlated with larger size of SOE, more corruption, and less private investment. We propose two mechanism based on either information asymmetry or bargaining with SC to explain this pattern.

  • Taco Terpstra

    Jun 05, 2014

    Workshop in Economic History

    Northwestern University
    "Ethnicity and the Organization of Roman Overseas Trade"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Jon Kolstad

    Jun 04, 2014

    Strategy Seminar

    Wharton
    Health Insurance for "Humans": Information Frictions, Plan Choice, and Consumer Welfare
    1:30-3:00 p.m. Jacobs Center Room 619

  • Mirko Draca

    May 28, 2014

    Strategy Seminar

    Warwick
    "The Changing Returns to Crime: How Do Criminals Respond to Changes in Goods Prices?"
    1:30-3:00 p.m. Jacobs Center Room 619

  • Matthew Notowidigdo

    May 21, 2014

    Strategy Seminar

    Chicago Booth
    Housing Booms, Labor Market Outcomes, and Educational Attainment
    1:30-3:00 p.m. Jacobs Center Room 619

  • Davide Cantoni

    May 15, 2014

    Workshop in Economic History

    University of Munich
    "Urbanization in Europe: Regional Variations 1700-1900"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Jim Malcomson

    May 14, 2014

    Strategy Seminar

    University of Oxford
    Relational Incentive Contracts with Persistent Private Information
    1:30-3:00 p.m. Jacobs Center Room 619

  • Teddy Mekonnen

    May 14, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    "Dynamic Contracting with an Informed Principal"
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Mar Reguant

    May 07, 2014

    Strategy Seminar

    Stanford GSB
    Blowin' in the Wind: Sequential Markets, Market Power and Arbitrage
    1:30-3:00 p.m. Jacobs Center Room 619

  • Davide Cantoni

    May 01, 2014

    Workshop in Economic History

    University of Munich
    Title TBA
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Thomas Lemieux

    Apr 30, 2014

    Strategy Seminar

    University of British Columbia
    "Performance Pay and Earnings Dynamics"
    1:30-3:00 p.m. Jacobs Center Room 619

  • Xi Luo

    Apr 30, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Justin Johnson

    Apr 28, 2014

    Workshop in Industrial Organization

    Cornell University
    "Unplanned Purchases and Retail Competition.”
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Yuta Takahashi

    Apr 28, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Title TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • James Robinson

    Apr 24, 2014

    Workshop in Economic History

    Harvard University
    "Monks, Gents and Industrialists; Long-Run Impact of the Dissolution of the English Monastries"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Stephanie Chapman

    Apr 23, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    "Long Run Outcomes of Child Labor"
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Jon Levin

    Apr 22, 2014

    Strategy Seminar

    Stanford
    "Can Healthcare Competition Work? Evidence from the US Medicare Advantage Program"
    NEW DAY - THIS WEEK ONLY:  Tuesday, April 22
    1:30-3:00 p.m. Jacobs Center Room 619

  • Ronald Edwards

    Apr 17, 2014

    Workshop in Economic History

    Tamkang University
    Topic TBA
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • Holger Spamann

    Apr 16, 2014

    Law and Economics Colloquium

    Harvard University
    Title TBA
    4:00 PM - 6:00 PM, Arthur Rubloff Building 339

  • Alex Frankel

    Apr 16, 2014

    Strategy Seminar

    Chicago Booth
    "Muddled Information" (joint with Navin Kartik at Columbia University)
    1:30-3:00 p.m. Jacobs Center Room 619

    Abstract: We introduce a model of signaling in which agents are heterogeneous on two dimensions. The first is the natural action: the action taken in the absence of signaling concerns. The second is gaming ability: a parameter for the costs of increasing actions beyond the natural level. Agents’ equilibrium actions “muddle” together information about both dimensions. As incentives to take higher actions increase—due to higher stakes or more easily manipulated signaling technology—more information is revealed about gaming ability, and less about their natural actions. Our analysis points to a tradeoff when observers are interested in agents’ natural actions. Making actions observable to a larger market gives new observers better information, but also raises agents’ incentives to take higher actions. Hence, the information about agents’ natural actions is further muddled for existing observers. We discuss applications to signaling in credit scoring, school testing, and web search.

  • German Bet

    Apr 16, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    "Title TBA"
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Gautam Gowrisankaran

    Apr 14, 2014

    Workshop in Industrial Organization

    University of Arizona
    “Myopia and Complex Dynamic Incentives: Evidence from Medicare Part D.”
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Alan Sorensen

    Apr 13, 2014

    Workshop in Industrial Organization

    University of Wisconsin, Madison
    "The Role of Intermediaries in Dynamic Auction Markets"
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Yishay Yafeh

    Apr 10, 2014

    Workshop in Economic History / Workshop in Industrial Organization

    Hebrew University
    "Business Groups in the United States: A Revised History of Corporate Ownership, Pyramids and Regulation, 1930-1950.”
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Robert Daines

    Apr 09, 2014

    Law and Economics Colloquium

    Stanford University
    "Right on Schedule: CEO Option Grants and Opportunism"
    4:00 PM - 6:00 PM, Arthur Rubloff Building 339

  • Heidi Williams

    Apr 09, 2014

    Strategy Seminar

    MIT
    "How do patents affect follow-on innovation? Evidence from the assignment of patent applications to examiners" (joint with Bhaven Sampat)
    1:30-3:00 p.m. Jacobs Center Room 619

  • Jeffrey Mensch

    Apr 09, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    "On the Existence of Monotone Pure-Strategy Equilibria in Dynamic Bayesian Games with Complementarities"
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Murat Iyigun

    Apr 03, 2014

    Workshop in Economic History

    University of Colorado
    Topic TBA
    3:00 PM - 4:30 PM, Donald P. Jacobs Center 3204

  • Joe Doyle

    Apr 02, 2014

    Strategy Seminar

    MIT Sloan
    "Measuring Hospital Quality"
    1:30-3:00 p.m. Jacobs Center Room 619

  • Andreas Kropf

    Apr 02, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Topic TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Dennis Carlton

    Mar 31, 2014

    Workshop in Industrial Organization

    University of Chicago
    Coase, Antitrust, and Merger Simulation with Non-Linear Prices
    3:30 PM - 5:00 PM, Donald P. Jacobs Center 3245

  • Aubhugn Labiano

    Mar 31, 2014

    Economics 501: Graduate Student Seminar

    Northwestern University
    Topic TBA
    11:00 AM - 12:00 PM, Donald P. Jacobs Center 3245

  • Kirk Doran

    Mar 19, 2014

    Strategy Seminar

    Notre Dame
    “Cognitive Mobility:  Labor Market Responses to Supply Shocks in the Space of Ideas”
    1:30-3:00 p.m. Jacobs Center Room 619

  • Richard Hornbeck

    Mar 13, 2014

    Workshop in Economic History

    Harvard University
    Railroads and American Economic Growth: A “Market Access” Approach
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204

  • George Georgiadis

    Mar 12, 2014

    Strategy Seminar

    Caltech / Boston University
    "Projects and Team Dynamics"
    1:30-3:00 p.m. Jacobs Center Room 619

  • Canice Prendergast - CANCELED

    Mar 12, 2014

    Strategy Seminar


  • Mauricio Drelichman

    Mar 06, 2014

    Workshop in Economic History

    University of British Columbia
    "Housing and the Cost of Living in Sixteenth Century Toledo"
    4:30 PM - 6:00 PM, Donald P. Jacobs Center 3204