11th SAET Conference – Ancoa (Faro) Portugal – June 26 – July 1, 2011

The conference was held in the Ria Park Hotel.

Hotel

The conference was held at the Ria Park Hotels in Portugal. The conference talks were held in the Ria Park Hotel.

Conference Registration

Registrations were handled through the Universidade Nova De Lisboa on via their conference website. Registration fees were:

  • 160€ for registrations before May 15, 2011
  • 200€ for registrations between May 15 and June 13, 2011
  • 240€ for registrations after June 13, 2011

Program Committee

  • Allen, Beth (University of Minnesota)
  • Araujo, Aloisio (Instituto Nacional de Matemática Pura e Aplicada)
  • Basile, Achille (University of Naples Federico II, Italy)
  • Balasko, Yves (University of York, UK)
  • Bonnisseau, Jean-Marc (University of Paris 1)
  • Camera, Gabriele (Purdue University)
  • Carmona, Guilherme (University of Cambridge, UK)
  • Cornet, Bernard (Paris School of Economics and University of Kansas)
  • Demange, Gabrielle (ENS, France)
  • Doraszelski, Ulrich (University of Pennsylvania)
  • Epstein, Larry (Boston University)
  • Gottardi, Piero (European University Institute, Italy)
  • Herves, Carlos (University of Vigo, Spain)
  • Horner, Johannes (Yale University)
  • Kaneko, Mamoru (University of Tsukuba, Japan)
  • Kehoe, Timothy (University of Minnesota and Federal Reserve Bank of Minneapolis)
  • Kovenock, Dan (The University of Iowa)
  • Kubler, Felix (University of Zurich and Swiss Finance Institute)
  • Ledyard, John (Caltech)
  • Levine, David (Washington University-St. Louis)
  • Machina, Mark (University of California-San Diego)
  • Mertens, Jean-François (Université catholique de Louvain, Belgium)
  • Mirman, Leonard (University of Virginia)
  • Moulin, Hervé (Rice University)
  • Páscoa Mário, (Universidade Nova de Lisboa, Portugal) – Co-Chair
  • Plott, Charles (California Institute of Technology)
  • Podczeck, Konrad (University of Vienna, Austria)
  • Polemarchakis, Herakles (University of Warwick, UK)
  • Prescott, Edward C. (Arizona State University)
  • Quah, John (Oxford University, UK)
  • Quinzii, Martine (University of California-Davis)
  • Riedel, Frank (Bielefeld University, Germany)
  • Schneider, Martin (Stanford University)
  • Sun, Yeneng (National University of Singapore-)
  • Villamil, Anne (University of Illinois at Urbana-Champaign and University of Manchester, UK)
  • Williamson, Stephen D. (Washington University)
  • Yannelis, Nicholas (University of Illinois at Urbana-Champaign and University of Manchester, UK) – Co-Chair
  • Zame, William (UCLA)

Session Organizers

Conference Schedule

Day 1: Sunday – June 26th

Times Events
7:30 – 10:30 Registration
11:00 – 13:00 Heterogeneous-Agent Models in Macroeconomics
Tom Krebs
Topics in Energy and the Environment
Ted Temzelides
Ambiguity and General Equilibrium under Asymmetric Information I
Nicholas Yannelis
Advances in Asymmetric Auctions
Todd Kaplan
Networks in Macroeconomics
Christian Ghiglino
Topics in Regulation and Competition
Flavio Menezes
13:00 – 14:30 Lunch
14:30 – 15:30 Sir John Hicks Lecture by Daron Acemoglu, Chair: Anne Villamil
15:40 – 17:40 Macroeconomic Policies
Isabel Correia
Limited Commitment I
Tim Worrall
Epistemic Game Theory
Amanda Friedenberg
Mechanism Design and Auctions
Alejandro M. Manelli
Auctions
Indranil Chakraborty
Advances in International Economics
Timothy Kehoe
17:40 – 18:00 Coffee/Tea Break
18:00 – 20:00 Quantitative Financial Economics
Anne Villamil
Limited Commitment II
Tim Worrall
Models of Politics
Amanda Friedenberg
Modeling Conflict
Stergios Skaperdas and Constantinos Syropoulos
General Equilibrium I
Yves Balasko
Learning, Information and Mechanism Design
Hamid Sabourian

Day 2: Monday – June 27th

Times Events
8:30 – 10:30 Risk Sharing and Banking Networks
Gabrielle Demange
Incomplete Markets and the Macroeconomy
Alberto Bisin
Banking and Compensation
Marco Celentani
Mathematical Economics I
Kali Rath and Yeneng Sun
General Equilibrium II
Antonio Villanacci
Equilibria in Markets with Imperfections
Maria Gabriella Graziano
10:30 – 11:00 Coffee/Tea Break
11:00 – 13:00 Investment Games
Frank Riedel
Financial Frictions and Regulation
Dimitrios P. Tsomocos
Strategic Networks: Structure, Behavior, and Dynamics
Frank H. Page Jr
Mathematical Economics II
Yeneng Sun
Technology and Dynamic General Equilibrium: In Memory of Professor Lionel McKenzie
Ping Wang
Learning in Games I: Stochastic Stability
Carlos Alos-Ferrer
13:00 – 14:30 Lunch
14:30 – 15:30 Presidential Address by David Levine
Is Behavioral Economics Economics?, Chair: Tim Kehoe
15:40 – 17:40 Economics in Online Communities
William Zame
Contagion in Networks
Piero Gottardi
Financial Constraints and Firm Behavior
Luis Corchón
Economics of Information
Joao Correia-da-Silva
Dynamic Macro Models with Financial Frictions and Labor
Ping Wang
Learning in Games II: Evolution
Carlos Alos-Ferrer
17:40 – 18:00 Coffee/Tea Break
18:00 – 20:00 Topics in Financial Stability
Dimitrios P. Tsomocos
Intertemporal Social Choice
Geir B. Asheim
Repo Markets
Mário Páscoa
Dynamic Decision Making Under Uncertainty
Svetlana Boyarchenko
Labor, Growth and Inequality
Ping Wang
Evolutionary Finance I
Igor Evstigneev and Klaus Schenk-Hoppé

Day 3: Tuesday – June 28th

Times Events
8:30 – 10:30 International Trade and Factor Mobility
Giovanni Facchini
Topics in Economic Growth and Development
Tiago Cavalcanti
Game Theory and Applications
Klaus Ritzberger
Club Goods and Public Goods
Nizar Allouch
Credit Markets
Igor Livshits
Cooperative Games and Externalities
Vincent Iehlé and Francoise Forges
 
10:30 – 11:00 Coffee/Tea Break
11:00 – 13:00 International Economics I
Raymond Riezman
Ambiguity and General Equilibrium under Asymmetric Information II
Nicholas Yannelis
Bargaining Theory
P. Jean-Jacques Herings
Microeconomics and Game Theory
Marta Faias and Carlos Hervés-Beloso
Asset Pricing Bubbles and Solvency Constraints
Jan Werner
Models of Conflict
Daniel J. Kovenock
 
13:00 – 14:30 Lunch
14:30 – 15:30 Aliprantis Award: Mihai Manea

Bargaining in Dynamic Markets with Multiple
Populations
Chair: Nicholas Yannelis
15:40 – 17:40 International Economics II
Raymond Riezman
Decision Models and Applications
Rose-Anne Dana
Topics in Game Theory
Xiao Luo
Strategic Economic Behavior
Marta Faias and Carlos Hervés-Beloso
Games and Markets I
Leonidas Koutsougeras
Business Cycles, Bubbles and Indeterminacy in Growth Models
Cuong Le-Van
Industrial Organization II
Dan Kovenock and Diego Moreno
17:40 – 18:00 Coffee/Tea Break
18:00 – 20:00 International Economics III
Raymond Riezman
Bounded Rationality I
Paola Manzini and Marco Mariotti
Stakeholder Theory of Corporation
Martine Quinzii
Topics in Microeconomics
Emma Moreno
Games and Markets II
Leonidas Koutsougeras
Infrastructure, Tax Competition, Redistribution and Growth
Cuong Le-Van
Industrial Organization I
Dan Kovenock, Diego Moreno and Nikos Vettas

Day 4: Wednesday – June 29th

Times Events
8:30 – 10:30 Cooperative Games, Communication and Influence I
Michel Grabisch and Agnieszka Rusinowska
Bounded Rationality II
Paola Manzini and Marco Mariotti
Economics of Diversity
Shlomo Weber
Markets and Contracts I (Moral Hazard)
Andrea Attar and Enrico Minelli
Macroeconomic Dynamics I
Jang-Ting Guo
Search, Moral Hazard and Labor Market Dynamics
Shouyong Shi
10:30 – 11:00 Coffee/Tea Break
11:00 – 13:00 Cooperative Games, Communication and Influence II
Michel Grabisch and Agnieszka Rusinowska
Heterogeneous-Agent Monetary Economies
Gabriele Camera
Asymmetric Information and Incentives
Nicholas Yannelis
Markets and Contracts II (Adverse Selection)
Andrea Attar and Enrico Minelli
Macroeconomic Dynamics II
Jang-Ting Guo
Dynamic Programming: Theory and Applications
Juan Pablo Rincón-Zapatero
13:00 – 14:30 Lunch
14:30 – 16:30 Networks I
Francis Bloch
Experiments on Repeated Games
Gabriele Camera
New Developments in Decision Theory
Paolo Ghirardato
Market Games (Cooperative and Non-Cooperative)
Walter Trockel
Recursive Methods in Dynamic Economies I
Kevin Reffett
Taxation with Market Imperfections: Macroeconomic Effects
Teresa Lloyd Braga
16:30 – 17:00 Coffee/Tea Break
17:00 – 19:00 Networks II
Francis Bloch
Ambiguity in Financial Markets
Martin Schneider
Behavioral and Experimental Economics
Timothy N Cason
Theoretical Market Microstructure
Bart Taub
Recursive Methods in Dynamic Economies II
Kevin Reffett
Monetary Theory
Daniela Puzzello
20:00 – Social Dinner

Day 5: Thursday – June 30th

Times Events
8:30 – 10:30 Government, Institutions and Accountability
Cecilia Testa
Information and Games
Takako Fujiwara-Greve
Social Norms
Myrna Wooders
Increasing Returns and Overlapping Generations
Jean-Marc Bonnisseau
Political Economy I
Massimo Morelli and Francesco Squintani
General Financial Equilibrium
Stephen Spear
Functional Analysis and Applications
Evgenios P. Avgerinos and Nikolaos Papanastassiou
10:30 – 11:00 Coffee/Tea Break
11:00 – 13:00 Topics Related to Financial Crises
Edward S. Prescott
Contests and Tournaments
Roger Hartley
Fair Division and Cost Sharing
Hervé Moulin
Managerial Compensation
Thomas Gresik
Political Economy II
Massimo Morelli and Francesco Squintani
Evolutionary Finance II
Igor Evstigneev and Klaus Schenk-Hoppé
Testability
Andres Carvajal
13:00 – 14:30 Lunch
14:30 – 15:30 David Cass Lecture by Karl Shell, Chair: Stephen Spear
15:40 – 17:40 Comparative Statics and Revealed Preference
John Quah
Applications of Game Theory
Mamoru Kaneko
Social Choice
Hervé Moulin
Dynamic Models in Industrial Organization
Ulrich Doraszelski and Karl Schmedders
Political Economy III
Massimo Morelli and Francesco Squintani
Topics In Economic Theory I
Marialaura Pesce and Nicholas Yannelis
New Developments in Information Transmission
Marzena J Rostek
17:40 – 18:00 Coffee/Tea Break
18:00 – 20:00 Trade and Dynamic Exchange
John Conley
Voting and Bargaining
Antonio Merlo
Aggregation of Preferences and Judgments
Anna Bogomolnaia
Assets and Money
Herakles Polemarchakis
Political Economy IV
Massimo Morelli and Francesco Squintani
Topics In Economic Theory II
Marialaura Pesce and Nicholas Yannelis
Dynamics in Long-Term Games
Joseph Abdou

Day 6: Friday – July 1st

Times Events
8:30 – 10:30 Search with Asymmetric Information
Leo Kaas
Market Dynamics and Price Discovery
John Ledyard
Social Dilemma: Theory and Experiment
Tatsuyoshi Saijo
Ambiguity: Theory, Measurement and Applications
Horst Zank
Bank Regulation and Financial Stability
Jan Wenzelburger
Existence of Equilibrium in Discontinuous Games
Guilherme Carmona
10:30 – 11:00 Coffee/Tea Break
11:00 – 13:00 Competitive Markets with Search Frictions
Belén Jerez
Dynamic Asset Pricing: Theory and Experiment
John Ledyard
Topics in Economic Theory
Bernard Cornet
Private Information in Markets
Marzena J Rostek
General Equilibrium, Ambiguity and Incomplete Markets
Aloisio Araujo and Rodrigo Novinski
Risk Aversion and Games of Incomplete Information
John Quah
13:00 – 14:30 Lunch
14:30 – 15:30 Lionel McKenzie Lecture by Bernard Cornet, Chair: Aloisio Araujo

Session Details

June 26: 7:30 – 10:30

Registration

June 26

Sir John Hicks Lecture by Daron Acemoglu (MIT)
Chair: Anne Villamil

June 27

Presidential Address by David Levine (Washington University in St. Louis)
Chair: Tim Kehoe
Is Behavioral Economics Economics?
The Relationship of Economic Theory to Experiments and Is Behavioral Economics Doomed?

June 28

Aliprantis Award: Mihai Manea (MIT)
Bargaining in Dynamic Markets with Multiple Populations
Chair: Nicholas Yannelis

June 30

David Cass Lecture by Karl Shell (Cornell University), Chair: Stephen Spear

July 1

Lionel McKenzie Lecture by Bernard Cornet
(Paris School of Economics, University Paris 1, and University of Kansas), Chair: Aloisio Araujo

Advances in Asymmetric Auctions (Organizer:Todd Kaplan)

Presenter(s) Topic
Ted Turocy (U. of East Anglia, UK)
Todd Kaplan (U. of Exeter and U. of Haifa, UK and Israel; todd@econ.haifa.ac.il)
Bidding Behaviour in Asymmetric First-Price Auctions
Anna Rubinchik (University of Haifa, Israel; arubinchik@econ.haifa.ac.il)
Sergio Parreiras (University of North Carolina)
Optimal Diversity Mix For Contests
Paul Schweinzer (University of York, UK; paul.schweinzer@york.ac.uk)
Beatrice Roussillon (University of Grenoble, France)
Pierre Fleckinger(Panthéon-Sorbonne, France)
Endogenous Expert Advice through Labelling Contests for Credence Goods
Todd Kaplan (U. of Exeter and U. of Haifa, UK and Israel; todd@econ.haifa.ac.il)
Shmuel Zamir (Hebrew University of Jerusalem, Israel)
Multiple Equilibria in Asymmetric First-Price Auctions

Advances in International Economics (Organizer:Timothy Kehoe)

Presenter(s) Topic
José G. Asturias (U. of Minnesota)
Sewon Hur (U. of Minnesota)
Timothy J. Kehoe (U. of Minnesota and Federal Reserve Bank of Minneapolis)
Kim J. Ruhl (New York U.; kruhl@stern.nyu.edu)
Firms, Financing, and Barriers to Growth
Juan Carlos Conesa (Universitat Autònoma de Barcelona, Spain)
Timothy J. Kehoe (U. of Minnesota and Federal Reserve Bank of Minneapolis; tkehoe@umn.edu)
Gambling for Redemption and Self-Fulfilling Debt Crises
Gonzalo Fernández de Córdoba (Universidad de Málaga, Spain; gfdc@uma.es)
Marta Faias (Universidade Nova de Lisboa, Portugal)
Jaime P. Luque (Universidad Carlos III de Madrid, Spain)
Trading and Post-Trading
Loris Rubini (Universidad Carlos III de Madrid, Spain, lrubini@eco.uc3m.es)
Facundo Piguillem (Einaudi Institute for Economics and Finance, Italy)
Innovation and Welfare Gains from Trade: Do Small Firms Matter?

Aggregation of Preferences and Judgments (Organizer: Anna Bogomolnaia)

Presenter(s) Topic
Ron Holzman (Technion – Israel Institute of Technology, Israel; holzman@tx.technion.ac.il)
Herve Moulin (Rice U.)
Impartial Award of a Prize
Salvador Barbera (Universitat Autonoma de Barcelona, Spain)
Dolors Berga (Universitat de Girona, Spain; dolors.berga@udg.edu)
Bernardo Moreno (U. of Malaga, Spain)
Two Necessary Conditions for Strategy-Proofness: On What Domains Are They Also Sufficient?
Priscilla Man (U. of Queensland, Australia)
Shino Takayama (U. of Queensland, Australia; s.takayama1@uq.edu.au)
Three Impossibility Theorems, Two Independence Axioms, and One Unified Proof
Anna Bogomolnaia (Rice U., annab@rice.edu)
Eun Jeong Heo (U. of Rochester)
Probabilistic Assignment of Objects: Characterizing the Serial Rule

Ambiguity and General Equilibrium under Asymmetric Information I (Organizer: Nicholas Yannelis)

Presenter(s) Topic
Larry Epstein (Boston U.; lepstein@bu.edu)
Shaolin Ji (Shandong U., China)
Ambiguous Volatility, Possibility and Utility in Continuous Time
Aaron Bodoh-Creed (Cornell U; acreed@cornell.edu) Ambiguous Mechanisms
Luciano de Castro (Northwestern U.)
Marialaura Pesce ( U. of Naples Federico II, Italy)
Nicholas Yannelis (U. of Manchester and U. of Illinois, UK;
nyanneli@Illinois.edu, Nicholas.Yannelis@manchester.ac.uk)
A New Perspective to Rational Expectations: Maximin Rational Expectations Equilibrium

Ambiguity and General Equilibrium under Asymmetric Information II (Organizer: Nicholas Yannelis)

Presenter(s) Topic
Aloisio Araujo (EPGE/FGV and IMPA, Brazil)
Alain Chateauneuf (PSE-U.Paris 1)
José Heleno Faro (Insper Institute of Education and Research, Brazil; jhfaro@gmail.com)
Pricing Rules and Arrow Debreu Ambiguous Valuation
Luciano De Castro (Northwestern U.; l-decastro@kellogg.northwestern.edu)
Nicholas Yannelis (U. of Manchester and U. of Illinois, UK)
Uncertainty, Efficiency and Incentive Compatibility
Richard Hislop (U. of Illinois at Urbana-Champaign; rhislop2@illinois.edu)
Vina Zhiwei Liu (U. of Illinois at Urbana-Champaign)
Perfect Equilibrium with Maximin Preferences
Marialaura Pesce ( U. of Naples Federico II, Italy; marialaura.pesce@unina.it)
Nicholas Yannelis (U. of Illinois and U. of Manchester and UK)
Core and Incentive Compatibility under Ambiguity

Ambiguity in Financial Markets (Organizer: Martin Schneider)

Presenter(s) Topic
Nina Boyarchenko (University of Chicago; nboyarch@chicagobooth.edu) Ambiguity Shifts and the 2007 Crisis
Johannes Gierlinger (Universitat Autònoma de Barcelona, Spain; johannes.gierlinger@uab.cat) Hedging Priors
Francesco Sangiorgi (Stockholm School of Economics, Sweden, Francesco.Sangiorgi@hhs.se) Uncertainty, Information Acquisition and Price Swings in Asset Prices
Maxim Ulrich (Columbia U.; mu2167@columbia.edu) Observable Long-Run Ambiguity and Long-Run Risk

Ambiguity: Theory, Measurement and Applications (Organizer: Horst Zank)

Presenter(s) Topic
Craig S. Webb (U. of Manchester, UK; Craig.Webb@manchester.ac.uk) Bargaining with Subjective Mixtures
Hans Peters (U. of Maastricht, The Netherlands; h.peters@maastrichtuniversity.nl) A Preference Foundation for Constant Loss Aversion
Luciano de Castro (Northwestern U.)
Alain Chateauneuf (U. Paris 1 Panthéon-Sorbonne, France; Alain.Chateauneuf@univ-paris1.fr)
Ambiguity Aversion and Absence of Trade
Mohammed Abdellaoui (HEC Paris, France, abdellaoui@hec.fr)
Horst Zank (U. of Manchester, UK)
A Foundation for State-Dependence and Ambiguity Preferences

Applications of Game Theory (Organizer: Mamoru Kaneko)

Presenter(s) Topic
Mamoru Kaneko (U. Tsukuba, Japan; kaneko@sk.tsukuba.ac.jp)
Ai Takeuchi (Waseda U., Japan)
Yukihiko Funaki (Waseda U., Japan)
Jeffrey J. Kline (U. of Queensland, Australia)
An Experimental Study of Behavior and Cognition from the Perspective of Inductive Game Theory
Francesco De Sinopoli (U. of Verona, Italy)
Leo Ferraris (U. Carlos III of Madrid, Spain)
Giovanna Iannantuoni (U. of Milano-Bicocca, Italy; giovanna.iannantuoni@unimib.it)
Electing a Parliament
Leo Ferraris (Universidad Carlos III de Madrid, Spain; lferrari@eco.uc3m.es)
Seongman Moon (Universidad Carlos III de Madrid, Spain)
Recycling Failure
Michela Cella (University of Milan Bicocca, Italy michela.cella@unimib.it) Oligopolistic Screening and Two-Way Distortion

Asset Pricing Bubbles and Solvency Constraints (Organizer: Jan Werner)

Presenter(s) Topic
V. Filipe Martins-da-Rocha (Fundacio Getulio Vargas, Brazil; victor.rocha@fgv.br)
Yiannis Vailakis (U. of Exeter, UK)
Refining Not-Too-Tight Solvency Constraints
Florin Bidian (U. of Minnesota; bidi0004@umn.edu)
Camelia Bejan (Rice U.)
Martingale Properties of Self-Enforcing Debt
Rodrigo Novinski (Ibmec Business School, Brazil; rodrigo.novinski@gmail.com)
A. Araujo (IMPA, Brazil)
Mario Pascoa (Nova School of Economics, Lisbon)
On the Optimal Quantity of Money when Agents are Wary
Jan Werner (U. of Minnesota; jwerner@econ.umn.edu) Rational Asset Pricing Bubbles Revisited

Assets and Money (Organizer: Herakles Polemarchakis)

Presenter(s) Topic
Gaetano Bloise(U. of Rome III, Italy; gaetano.bloise@uniroma3.it) Asset Prices, Debt Constraints and Inefficiency
Michael Mandler (U. of London, UK; m.mandler@rhul.ac.uk) Endogenous Indeterminacy and Volatility of Asset Prices Under Ambiguity
Udara Peiris (U. of Warwick, UK; u.peiris@warwick.ac.uk) Limitations of Monetary Policy
Herakles Polemarchakis (U of Warwick, UK; h.polemarchakis@warwick.ac.uk) Perils of Quantitative Easing

Asymmetric Information and Incentives (Organizer: Nicholas Yannelis)

Presenter(s) Topic
Hans Peter Grüner (U. of Mannheim and CERP London, Germany and UK)
Yukio Koriyama (Ecole Polytechnique, France; yukio.koriyama@polytechnique.org)
Public Goods, Participation Constraints, and Democracy: A Possibility Theorem
Lionel de Boisdeffre (U. of Paris 1; mailto:lionel.de-boisdeffre@univ-paris1.fr) Price Uncertainty and the Existence of Financial Equilibrium
Anuj Bhowmik (Auckland U. of Technology, New Zealand; anuj.bhowmik@aut.ac.nz)
Jiling Cao (Auckland U. of Technology, New Zealand; jiling.cao@aut.ac.nz)
Characterizations and the Incentive Compatibility of a Walrasian Expectations Equilibrium
Leonidas Koutsougeras (U. of Manchester, UK; leonidas@manchester.ac.uk) Nash-Radner Asymptotic Equivalence

Auctions (Organizer: Indranil Chakraborty)

Presenter(s) Topic
Nicola Doni (Università degli Studi di Firenze, Italy; nicola.doni@unifi.it)
Domenico Menicucci (Università degli Studi di Firenze, Italy)
Revenue Comparison in Assymmetric Auctions with Discrete Valuations
Roberto Burguet (Institut d”Anàlisi Econòmica CSIC and Barcelona GSE, Spain)
Indranil Chakraborty (National U. of Singapore, Singapore; indro@nus.edu.sg)
Procurement Auctions Under Corruption

Bank Regulation and Financial Stability (Organizer: Jan Wenzelburger)

Presenter(s) Topic
Miguel Segoviano (Mexican National Banking and Securities Commission, Mexico)
Raphael Espinoza (IMF; REspinoza@imf.org)
Financial Stability Measures
Frederic Malherbe (London Business School, UK; fmalherbe@london.edu) The “Greedy” Bankers (and the Captured Supervisor)
Gechun Liang (University of Oxford, UK)
Eva Lütkebohmert (U. of Freiburg, Germany)
Yajun Xiao (U. of Freiburg, Germany; xiao.yajun@vwl.uni-freiburg.de)
A Multi-Period Bank Run Model for Liquidity Risk
Jan Wenzelburger (Keele University, UK; j.wenzelburger@econ.keele.ac.uk)
Hans Gersbach (ETH Zurich, Switzerland)
Refined Risk Assessment and Banking Stability

Banking and Compensation (Organizer: Marco Celentani)

Presenter(s) Topic
Fabio Castiglionesi (Tilburg U., The Netherlands)
Fabio Feriozzi (Tilburg U,, The Netherlands; F.Feriozzi@uvt.nl)
Guido Lorenzoni (MIT)
Financial Integration and Liquidity Crises
Diego Moreno (Universidad Carlos III, Spain; diego.moreno@uc3m.es)
Tuomas Takalo (Bank of Finland and U. of Jyväskylä, Finland)
Procyclical Transparency
Arantxa Jarque (Federal Reserve Bank of Richmond, arantxa.jarque@gmail.com)
Edward Simpson Prescott (Federal Reserve Bank of Richmond)
Optimal Bonuses and Deferred Pay for Bank Employees: Implications of Hidden Actions with Persistent Effects in Time
Marco Celentani (Universidad Carlos III, Spain)
Rosa Loveira (Universidade de Vigo, Spain; rloveira@uvigo.es)
Superstar CEOs?

Bargaining Theory (Organizer: Jean-Jacques Herings)

Presenter(s) Topic
John Duggan (U. of Rochester; dugg@ur.rochester.edu) Coalitional Bargaining Equilibria
Hülya Eraslan (Johns Hopkins U., Baltimore; eraslan@jhu.edu)
Ying Chen (Arizona State U.)
Rhetoric in Legislative Bargaining with Asymmetric
Information
Harold Houba (Free U. Amsterdam, The Netherlands; hhouba@feweb.vu.nl)
Jean-Jacques
Herings
(Maastricht U., The Netherlands)
Costless Delay in Negotiations
Tasos Kalandrakis (U. of Rochester; kalandrakis@ur.rochester.edu) Bounds on Equilibrium Agreements in Dynamic Bargaining Games

Behavioral and Experimental Economics (Organizer: Timothy N. Cason)

Presenter(s) Topic
Jason Shachat (Xiamen U, China; jason.shachat@gmail.com)
Anand Srivinasan (National U Singapore, Singapore)
Informational Price Cascades and Non-Aggregation of Asymmetric Information in Experimental Asset Markets
Kim Fairley (Radboud U. Nijmegen, The Netherlands)
Alan Sanfey (Radboud U. Nijmegen and U. of Arizona, The Netherlands and USA)
Jana Vyrastekova (Radboud U. Nijmegen, The Netherlands; j.vyrastekova@fm.ru.nl)
Utz Weitzel (Radboud U. Nijmegen, The Netherlands)
Decomposing Trust
Teresa Bajo Molina (Universidad de Granada, Spain)
Pablo Brañas (Universidad de Granada, Spain)
Nikolaos Georgantzis (Universidad de Granada and Bilgi U., Spain and Turkey; ngeorgantzis@ugr.es)
Julia Morales (Universidad de Granada, Spain)
Melanie Parravano (Universidad de Granada, Spain)
Cognitive Underpinnings of Behavior in Traveler’s Dilemma: Treasures and Contradictions Revisited
Sandra Maximiano (Purdue U.; maximiano@purdue.edu)
Matthew J. Hashim (Purdue U.)
Karthik N. Kannan (Purdue U.)
Information Targeting and Coordination: an Experimental Study

Business Cycles, Bubbles and Indeterminacy in Growth Models (Organizer: Cuong Le-Van)

Presenter(s) Topic
Stefano Bosi (U. of Cergy-Pontpise, France; stefano.bosi@u-cergy.fr)
Thomas Seegmuller (CNRS, France)
Rational Bubbles and the Business Cycle
Alain Vendetti (CNRS, France; alain.venditti@univmed.fr)
Frederic Dufourt (U. Louis-Pasteur, France)
Kazuo Nishimura (Kyoto U., Japan)
Business-cycle Fluctuations in Two-Sector Models: Theory and Calibrations
Thomas Seegmuller (CNRS, France; Thomas.seegmuller@univmed.fr)
Carine Nourry (U. Mediterranee, France)
Alain Venditti (CNRS, France)
Indeterminacy Under Balanced-Budget Consumption Taxes: A
Re-Examination
Thanh Le (U. of Queensland, Australia; t.le2@uq.edu.au) Do Government Policies Affect Growth? Examining a Model with R&D and Factor Accumulation

Bounded Rationality I (Organizers: Paola Manzini and Marco Mariotti, Chair: Miguel Angel Ballester)

Presenter(s) Topic
Vadim Cherepanov (U. of Pennsylvania)
Timothy Feddersen (Kellogg School of Management, Northwestern U.; tfed@kellogg.northwestern.edu)
Alvaro Sandroni (Kellogg School of Management, Northwestern U.)
Revealed Preferences and Aspirations in Warm Glow Theory
Sophie Bade (Max Planck Institute for Research on Collective Goods, Germany; bade@coll.mpg.de) Pareto-Optimal Matching Allocation Mechanisms for Boundedly Rational Agents
Jose Apesteguia (Universitat Pompeu Fabra, Spain)
Miguel Angel Ballester (Universitat Autonoma de Barcelona, Spain; miguelangel.ballester@uab.es)
A Measure of Rationality and Welfare
Paola Manzini (U. of St. Andrews, UK)
Marco Mariotti (U. of St. Andrews, UK)
Moody Choice

Bounded Rationality II (Organizers: Paola Manzini and Marco Mariotti, Chair: Yusufcan Masatlioglu)

Presenter(s) Topic
Jose Apesteguia (Universitat Pompeu Fabra, Spain; jose.apesteguia@upf.edu)
Miguel Angel Ballester (Universitat Autonoma de Barcelona, Spain)
Choice by Sequential Procedures
Marco Casari (U. of Bologna, Italy; marco.casari@unibo.it)
Davide Dragone (University of Bologna, Italy)
Impatience, Anticipatory Feelings and Uncertainty: A Dynamic Experiment on Time Preferences
Yusufcan Masatlioglu (U. of Michigan; yusufcan@umich.edu)
Daisuke Nakajima (U. of Michigan)
Emre Ozdenoren (London Business School, UK)
Revealed Willpower
Paola Manzini (U. of St. Andrews)
Marco Mariotti (U. of St. Andrews)
A Salience Theory of Choice Errors

Club Goods and Public Goods (Organizer: Nizar Allouch)

Presenter(s) Topic
Colin Rowat (U. of Birmingham, UK; c.rowat@bham.ac.uk) An Exchange Economy with Pillage [Slides]
Jonathan Newton (U of Sydney, Australia; jonathan.newton@sydney.edu.au) Coalitional Behaviour and the Provision of Public Goods on Networks
Marta Faias (Universidade Nova de Lisboa, Portugal)
Jaime Luque (Universidad Carlos III de Madrid, Spain; japluque@eco.uc3m.es)
The Battle of the Bourses
Nizar Allouch (Queen Mary, U. of London, UK; n.allouch@qmul.ac.uk)
Myrna Wooders (Vanderbilt U.)
NTU market games with many players

Comparative Statics and Revealed Preference (Organizer: John Quah)

Presenter(s) Topic
Lauren Cherchye (Tilburg U., The Netherlands)
Thomas Demuynck (U. of Leuven, Belgium; Thomas.Demuynck@kuleuven-kortrijk.be)
Bram De Rock (U. de Bruxelles, Belgium)
The Empirical Content of Cournot Competition
Rahul Deb (U. of Toronto, Canada; rahul.deb@utoronto.ca)
Robert Gazzale (Williams College)
Matthew Kotchen (Yale University)
Uncovering the Incentives behind Charitable Giving: Revealed Preference and Experimental Evidence
Koji Shirai (Waseda U., Japan; shiraeconomics@suou.waseda.jp) On the Existence of a Submodular Utility Function
Andres Carvajal (U. of Warwick, UK)
Rahul Deb (U. of Toronto, Canada)
James Fenske (U. of Oxford, UK)
John K.-H. Quah (U. of Oxford, UK; john.quah@economics.ox.ac.uk)
Revealed Preference Tests of the Cournot Model

Competitive Markets with Search Frictions (Organizer: Belén Jerez)

Presenter(s) Topic
Allen Head (Queen’s U., Canada; heada@econ.queensu.ca)
Huw Lloyd-Ellis (Queen’s U., Canada)
Housing Liquidity, Mobility, and the Labour Market
Leo Kaas (U. of Konstanz, Germany; Leo.Kaas@uni-konstanz.de)
Philipp Kircher (LSE and U. of Pennsylvania, UK and USA)
Efficient Firm Dynamics in a Frictional Labor Market
Anna Godøy (Ragnar Frisch Centre for Economic Research, Norway; a.a.godoy@frisch.uio.no)
Espen R. Moen (Norwegian School of Management, Norway)
Taking Competitive Search to Data
Belén Jerez (U. Carlos III de Madrid, Spain; mjerez@eco.uc3m.es) Competitive Equilibrium with Search Frictions: a General Equilibrium Approach

Contagion in Networks (Organizer: Piero Gottardi)


Presenter(s) Topic
Alp Simsek (Harvard U.; asimsek@fas.harvard.edu)
Ricardo Caballero (MIT)
Fire Sales in a Model of Complexity
Daniele Condorelli (Essex U., UK; d.condorelli@gmail.com)
Andrea Galeotti (Essex U., UK)
Trading in Networks
Piero Gottardi (European U. Institute, Italy; piero.gottardi@eui.eu)
Antonio Cabrales (Universidad Carlos III,. Madrid, Spain)
Fernando Vega Redondo (European U. Institute, Italy)
Risk Sharing and Contagion in Networks

Contests and Tournaments (Organizer: Roger Hartley)

Presenter(s) Topic
Richard Cornes (Australian National U, Australia; richard.cornes@anu.edu.au)
Roger Hartley (U. of Manchester, UK)
Well-behaved Aggregative Games
Magnus Hoffmann (U. of Magdeburg, Germany; magnus.hoffmann@ovgu.de)
Grégoire Rota Graziosi (CERDI-AUREDI, France)
Positive Externalities in Contests
Martin Kolmar (U. of St. Gallen, Switzerland)
Hendrik Rommeswinkel (U. of St. Gallen, Switzerland; hendrik.rommeswinkel@unisg.ch)
Technological Determinants of the Group Size Paradox
Alex Dickson (U. of Strathclyde, UK; alex.dickson@strath.ac.uk)
Roger Hartley (U. of Manchester, UK)
Bilateral Oligopoly as a Pair of Linked Contests

Cooperative Games and Externalities (Organizers: Francoise Forges and Vincent Iehlé)

Presenter(s) Topic
Michel Grabisch (Universté Paris 1 Panthéon-Sorbonne, France; michel.grabisch@univ-paris1.fr)
Yukihiko Funaki (Waseda U., Japan)
A Coalition Formation Value for Games with Externalities
Omer Biran (Université Paris-Dauphine, France;
omer.biran@gmail.com)
Core Stable Bidding Rings in Independent Private Value Auctions with Externalities
Manfred Kerber (U. of Birmingham, UK)
Colin Rowat (U. of Birmingham, UK; c.rowat@bham.ac.uk)
Stable Sets in Three Agent Pillage Games [Slides]
Giovanna Bimonte (Università di Salerno, Italy)
Vincent Iehlé (Université Paris-Dauphine, France; viehle@gmail.com)
Core and Convexity in Partition Function Games

Cooperative Games, Communication and Influence I (Organizers: Michel Grabisch and Agnieszka Rusinowska)

Presenter(s) Topic
René van den Brink (VU University, Amsterdam, The Netherlands; jrbrink@feweb.vu.nl) On Hierarchies and Communication
Andres Jimenez Losada (U. of Seville, Spain; hispan@esi.us.es)
Julio R. Fernandez (U. of Seville, Spain)
Manuel Ordonez (U. of Seville, Spain)
Fuzzy Communication and Myerson values
Amandine Ghintran (Obuda U., Budapest, Hungary; amandine.ghintran@kgk.uni-obuda.hu)
Bram Driesen (U. of Heidelberg, Germany)
Séverine van den Eynde (School of Economics and Business, Maastricht, The Netherlands)
Compensation Schemes and the Bakes-Thompson Rule
Michel Grabisch (Paris School of Economics; michel.grabisch@univ-paris1.fr)
U. Faigle (Ulrich Koeln, Germany)
Values for Markovian Coalition Processes

Cooperative Games, Communication and Influence II (Organizers: Michel Grabisch and Agnieszka Rusinowska)

Presenter(s) Topic
Gabrielle Demange (Paris School of Economics, Paris, France; demange@pse.ens.fr) Collective Attention and Ranking Methods
Ana Mauleon (Facultés Saint Louis and CORE, Belgium; mauleon@fusl.ac.be)
Marco Mantovani (Università degli studi di Milano and Université Libre de Bruxelles)
Georg Kirchsteiger (ECARES, Université Libre de Bruxelles)
Vincent Vannetelbosch (CORE, Louvain-la-Neuve, Belgium)
Myopic or Farsighted? An Experiment on Network Formation
Stéphane Robin (GATE, CNRS, U. of Lyon, France; robin@gate.cnrs.fr)
Agnieszka Rusinowska (Centre d”Economie de la Sorbonne, CNRS, Paris, France)
Marie-Claire Villeval (GATE, CNRS, University of Lyon, France)
A Model of Ingratiation: An Experimental Study
Agnieszka Rusinowska (Centre d”Economie de la Sorbonne, CNRS, Paris, France; agnieszka.rusinowska@univ-paris1.fr)
Michel Grabisch (Paris School of Economics, France)
A Dynamic Model of Influence Based on Aggregation Functions

Credit Markets (Organizer: Igor Livshits)

Presenter(s) Topic
Satyajit Chatterjee (Federal Reserve Bank of Philadelphia; chatterjee.satyajit@gmail.com) An Equilibrium Model of the Timing of Bankruptcy Filings
David Fieldhouse (U. of Western Ontario, Canada)
Igor Livshits (U. of Western Ontario, Canada; livshits@uwo.ca)
James MacGee (U. of Western Ontario, Canada)
Aggregate Fluctuations, Consumer Credit and Bankruptcy
Braz Camargo (Fundação Getulio Vargas, Brazil)
Benjamin Lester (U. of Western Ontario, Canada; blester@uwo.ca)
Trading Dynamics in Decentralized Markets with Adverse Selection
Alberto Martin (CREI, UPF and CEPR, Spain and USA)
Filippo Tadei (Collegio Carlo Alberto and CERP, Italy and USA; filippo.taddei@carloalberto.org)
International Capital Flows and Credit Market Imperfections: a Tale of Two Frictions

Decision Models and Applications (Organizer: Rose-Anne Dana)

Presenter(s) Topic
Fabio Maccheroni (Università Bocconi, Italy)
Massimo Marinacci (Università Bocconi, Italy)
Luigi Montrucchio (Collegio Carlo Alberto and Università di Torino, Italy)
Simone Cerreia-Vioglio (Università Bocconi, Italy; simone.cerreia@unibocconi.it)
Ambiguity and Robust Statistics
David B. Brown (Duke U., Durham)
Enrico De Giorgi (U. of St. Gallen, Switzerland; enrico.degiorgi@unisg.ch)
Melvyn Sim (National U. of Singapore, Singapore)
Dual Representation of Choice and Aspirational Preferences
G. Carlier (U. Paris Dauphine, France)
R.-A. Dana (U. Paris Dauphine, France; dana@ceremade.dauphine.fr)
A. Galichon (Ecole Polytechnique, France )
Pareto Optima and Equilibria when Preferences are Incompletely Known Functions

Dynamic Asset Pricing: Theory and Experiment (Organizer: John Ledyard)

Presenter(s) Topic
Peter Bossaerts (Caltech)
Debra Meloso (Bocconi U., Italy; debrah.meloso@unibocconi.it)
William Zame (UCLA)
Dynamically Complete Experimental Asset Markets
Michael Kirchler (U. of Innsbruck, Austria; michael.kirchler@uibk.ac.at)
Thomas Stöckl (U. of Inssbruck, Austria)
Bubbles
Peter Bossaerts (Caltech; pbs@hss.caltech.edu)
Elena Asparouhova (U. of Utah)
William Zame (UCLA)
Experiments on Lucas model

Dynamic Macro Models with Financial Frictions (Organizers: Ping Wang<, Chair: Costas Azariadis)

Presenter(s) Topic
Costas Azariadis (Washington U. in St. Louis; azariadi@artsci.wustl.edu) Credit Crunches as Markov Equilibria
Francisco Buera (UCLA)
Joseph Kaboski (Notre Dame)
Yongseok Shin (Washington U. in St. Louis; yshin@wustl.edu)
The Macroeconomics of Microfinance
Matthew Chambers (Towson U.)
Carlos Garriga (Federal Reserve Bank of St. Louis; carlos.garriga@stls.frb.org)
Don E. Schlagenhauf (Florida State U.)
Did Housing Policies Cause the Post-War Boom in Homeownership? A General Equilibrium Analysis

Dynamic Models in Industrial Organization (Organizers: Ulrich Doraszelski and Karl Schmedders)

Presenter(s) Topic
Che-Lin Su (U. of Chicago; Che-Lin.Su@chicagobooth.edu) Structural Estimation of Dynamic Games
David Besanko (Northwestern U.)

Ulrich Doraszelski (U. of Pennsylvania)
Yaroslav Kryukov (Carnegie Mellon U.; kryukov@andrew.cmu.edu)
The Economics of Predation: What Drives Pricing When There is Learning-by-Doing
Ulrich Doraszelski (U. of Pennsylvania)
Mark Satterthwaite (Northwestern U.; m-satterthwaite@kellogg.northwestern.edu
Sustainability of Collusion in a Cournot Industry with Entry, Exit, and Demand Uncertainty
Michael Greinecker (Universität Wien, Austria; michael.greinecker@univie.ac.at) Payoff-Relevance

Dynamic Decision Making Under Uncertainty (Organizer: Svetlana Boyarchenko)

Presenter(s) Topic
Asen Kochov (U. of Bonn, Germany; akochov@uni-bonn.de) A Model of Limited Foresight
Peter Klibanoff (Northwestern U.)
Sujoy Mukerji (U. of Oxford, UK)
Kyoungwon Seo (Northwestern U.; k-seo@kellogg.northwestern.edu)
Relevance and Symmetry
Xue Cheng (Chinese Academy of Sciences, China)
Frank Riedel (Bielefeld U., Germany; friedel@uni-bielefeld.de)
Optimal Stopping under Knightian Uncertainty
Svetlana Boyarchenko (U. of Texas at Austin)
Sergey Levendorskiy (University of Leicester, UK; sl278@leicester.ac.uk)
Effects of Ambiguity on Strategic Investment

Dynamic Programming: Theory and Applications (Organizer: Juan Pablo Rincón-Zapatero)

Presenter(s) Topic
Cuong Le Van (CNRS and Paris School of Economics, France)
Yiannis Vailakis (U. of Exeter Business School, UK; y.vailakis@exeter.ac.uk)
Monotone Concave Operators: Applications to Stochastic Dynamic Programming
Olivier Morand (U. of Connecticut; morand@uconn.edu)
Kevin Reffett (Arizona State U.)
Sushismita Tarafdar (Indian Statistical Institute, India)
Non-Smooth Methods in Dynamic Programming
Takashi Kamihigashi (RIEB Kobe U., Japan; tkamihig@rieb.kobe-u.ac.jp) The Bellman Operator as a Monotone Map
Juan Pablo Rincón-Zapatero (Universidad Carlos III de Madrid, Spain; jrincon@eco.uc3m.es) Stochastic Dynamic Programming with Unbounded Returns and Shocks

Dynamics in Long-Term Games (Organizer: Joseph Abdou)

Presenter(s) Topic
Bruno Strulovici (Northwestern U.; b-strulovici@northwestern.edu) Forward Looking Behavior, Well-Being Representation, and Time Inconsistency
John K.-H. Quah (U. of Oxford, UK; john.quah@economics.ox.ac.uk)
Bruno Strulovici (Northwestern U.; b-strulovici@northwestern.edu)
Discounting and Patience in Optimal Stopping and Control Problems
Joseph Abdou (Université Paris 1 and Paris School of Economics, France; abdou@univ-paris1.fr) Uniform Optimality and Asymptotic Value for Games with Frequency-Dependent Payoffs
Pauline Contou-Carrère (Université Paris 1 Panthéon-Sorbonne, France; p_contou@yahoo.fr) A Class of Frequency-Dependent Repeated games: The Case of Uncoupled Past and Present Effects

Economics in Online Communities (Organizer: William Zame)


Presenter(s) Topic
In-Uck Park (U. of Bristol, UK; i.park@bristol.ac.uk)
Bruno Jullien (Toulouse School of Economics, France)
Seller Reputation and Trust in Pre-trade Communication

Economics of Diversity (Organizer: Shlomo Weber)

Presenter(s) Topic
Parimal Bag (National U. of Singapore, Singapore; ecsbpk@nus.edu.sg)
Shiva Sikdar (Yonsei U., South Korea)
Job Rationing, Affirmative Action and Signaling
Susana Peralta (Nova School of Business and Economics, CORE-UCL and CEPR, Portugal)
Tanguy van Ypersele (University de la Mediterannee, GREQAM-IDEP and CEPR, France)
Do Good Candidates Prefer Political Challenges? The Political Economy of Task Complexity and Candidate Quality
Michel Le Breton (Toulouse School of Economics, France)
Daniil Musatov (New Economic School, Moscow, Russia)
Alexei Savvateev (New Economic School, Moscow, Russia)
Shlomo Weber (Southern Methodist University, Dallas, and New Economic School, Moscow, Russia; sweber@mail.smu.edu)
Gale-Nikaido and Milgrom-Shannon: Existence of a Nash Equilibrium in Models with Heterogeneous Agents
Authors Paulo Côrte-Real (Nova School of Business and Economics, Portugal)
João Bravo Furtado (Nova School of Business and Economics, Portugal; jfurtado@fe.unl.pt)
Rationality, Behavior and Rhizomatic Thinking: Revisiting the Self-Goal Choice Assumption in Games

Economics of Information (Organizer: Joao Correia-da-Silva)

Presenter(s) Topic
Guillaume Roger (The U. New South Wales, Australia; g.roger@unsw.edu.au) Moral Hazard with Discrete Soft Information
Carlos Hervés-Beloso (Universidad de Vigo, Spain; cherves@uvigo.es)
Paulo K. Monteiro (Fundação Getúlio Vargas, Brasil)
Information and Sigma-Algebras
Antonio Cabrales (Universidad Carlos III de Madrid, Spain)
Olivier Gossner (Paris School of Economics, France)
Roberto Serrano (Brown U.; roberto_serrano@brown.edu)
Entropy and the Value of Information for Investors
Alberto Bisin (New York University; alberto.bisin@nyu.edu)
Piero Gottardi (European University Institute, Italy)
Guido Ruta (New York University, and European University Institute, Italy)
Equilibrium Corporate Finance: Makowski meets Prescott and Townsend

Epistemic Game Theory (Organizer: Amanda Friedenberg)

Presenter(s) Topic
Pierpaolo Battigalli (Bocconi U., Italy; pierpaolo.battigalli@unibocconi.it)
Andrea Prestipino (New York U.)
Transparent Restrictions on Beliefs and Forward Induction Reasoning in Games with Asymmetric Information
Christoph Mueller (Carnegie Mellon U.; cmueller@cmu.edu) Robust Virtual Implementation under Common Strong Belief in Rationality
Andres Perea (Maastritch U., Netherlands; a.perea@maastrichtuniversity.nl)
Christian Bach (Maastricht U., Netherlands)
Utility Proportional Beliefs in Games
Aviad Heifetz(Open U., Israel)
Martin Meier (Institute for Advanced Studies, Austria; martin.meier@ihs.ac.at)
Burkhard Schipper (UC Davis)
Comprehensive Rationalizability

Equilibria in Markets with Imperfections (Organizer: Maria Gabriella Graziano)

Presenter(s) Topic
Chiara Donnini (U. Napoli Parthenope, Italy; chiara.donnini@uniparthenope.it) Fair Allocations in Coalitional Economies
Mitri Kitti (Helsinki School of Economics, Finland)
Lina Mallozzi (U. Naples Federico II, Italy; mallozzi@unina.it)
When is the Value of Public Information Positive in a Game?
Marialaura Pesce (U. Naples Federico II, Italy;
marialaura.pesce@unina.it)
Are Asymmetrically Informed Agents Envious?
Achille Basile (U. Naples Federico II, Italy)
Marialaura Pesce (U. Naples Federico II, Italy)
Maria Gabriella Graziano (U. Naples Federico II, Italy; mgrazian@unina.it)
Mixed Markets with Public Goods

Evolutionary Finance I (Organizers: Igor Evstigneev and Klaus Schenk-Hoppé)

Presenter(s) Topic
Giulio Bottazzi (Scuola Superiore Sant”Anna, Italy; bottazzi@sssup.it)
Pietro Dindo (Scuola Superiore Sant”Anna, Italy; pietro.dindo@sssup.it)
Evolution and Market Behavior with Endogenous Investment Rules
Rabah Amir (U. of Arizona; ramir@eller.arizona.edu) Asset Market Games of Survival: A Synthesis of Evolutionary and Dynamic Games
Dan Ladley (U. of Leicester, UK; dl110@leicester.ac.uk) Market Ecology and Financial Market Stability
Klaus Reiner Schenk-Hoppé (U. of Leeds and NHH – Norwegian School of Economics and Business Administration, UK and Norway; k.r.schenk-hoppe@leeds.ac.uk) Financial Regulation of Limit Order Markets: An Evolutionary Approach

Evolutionary Finance II (Organizers: Igor Evstigneev and Klaus Schenk-Hoppé)

Presenter(s) Topic
Yurii Fedyk (Arizona State U.)
Christian Heyerdahl-Larsen (London Business School, UK)
Johan Walden (U. of California, Berkeley; walden@haas.berkeley.edu)
Market Selection and Welfare in a Multi-Asset Economy
Giulio Bottazzi (Scuola Superiore Sant”Anna, Italy, bottazzi@sssup.it)
Pietro Dindo (Scuola Superiore Sant”Anna, Italy)
Evolution and Market Behavior with Endogenous Investment Rules
Igor V. Evstigneev (U. of Manchester, UK; igor.evstigneev@manchester.ac.uk) Behavioral Equilibrium and Evolutionary Dynamics: Beyond the Walrasian Paradigm
Ioannis Polyrakis (National Technical University of Athens, Greece; ypoly@math.ntua.gr) Risk Measures in Infinite Dimensional Economies

Existence of Equilibrium in Discontinuous Games (Organizer: Guilherme Carmona)

Presenter(s) Topic
Adib Bagh (U. of Kentucky; abagh@ms.uky.edu) Payoff Security, C-Quasi-Concavity, and the Existence of Generalized Minimax Points
Pavlo Prokopovych (Kyiv School of Economics, Ukraine; pprokopo@gmail.com) Domain L-Majorization and Equilibrium Existence in Discontinuous Games
Vincenzo Scalzo (U. of Naples “Federico II”, Italy; vincenzo.scalzo@unina.it) Discontinuous Stable Games and Efficient Nash Equilibria
Guilherme Carmona (U. of Cambridge, UK; gmc42@cam.ac.uk) Reducible Equilibrium Properties

Experiments on Repeated Games (Organizer: Gabriele Camera)

Presenter(s) Topic
John J. Cadigan (Gettysburg College)
Malcolm Kass (U of Texas at Dallas)
Kusum Mundra (Rutgers U)
Brian Roberson (Purdue U; brobers@purdue.edu)
Kevin Siqueira (U of Texas at Dallas)
Hidden Information in the Repeated Trust Game: An Experiment
Gabriele Camera (Purdue U)
Marco Casari (U of Bologna, Italy; marco.casari@unibo.it)
Maria Bigoni (U of Bologna, Italy)
Communication, Commitment, and Deception in Social Dilemmas: Experimental Evidence
Pedro Dal Bo (Brown U)
Guillaume Frechette (NYU; frechette@nyu.edu)
Strategy Choice In The Infinitely Repeated Prisoners Dilemma
Gabriele Camera (Purdue U; gcamera@purdue.edu)
Marco Casari (U of Bologna, Italy)
The Coordination Value of Monetary Exchange: Experimental Evidence

Fair Division and Cost Sharing (Organizer: Hervé Moulin)

Presenter(s) Topic
Stefan Ambec (Toulouse School of Economics, France; stefan.ambec@tse-fr.eu)
Debasis Mishra (ISI Delhi, India)

Sharing a Resource with Capacity Constraints
Paolo Roberti (Universita degli Studi di Padova, Italy; paolo.roberti@studenti.unipd.it)

Antonio Nicolo (Universita degli Studi di Padova, Italy)

Equal Opportunity Equivalence in Land Division
Jens Hougaard (Copenhagen University, Denmark)
Juan Moreno-Ternero (Universita de Malaga, Universidad Pablo de Olavide, and CORE, Université Catholique de Louvai, Spain; jdmoreno@upo.es)
Lars Østerdal (Copenhagen University, Denmark)
Baseline Rationing
Ruben Juarez (University of Hawaii; rubenj@hawaii.edu) Optimal Division of a Dollar under Ordinal Reports

Financial Constraints and Firm Behavior (Organizer: Luis Corchón)

Presenter(s) Topic
Etienne Billette de Villemeur
(Toulouse School of Economics, France)
Laurent Flochel (Charles River Associates International, France)
Bruno Versaevel (EMLYON Business School, France; versaevel@em-lyon.com)
Optimal Collusion with Limited Liability and Policy Implications
Guido Maretto (ECARES, U. Livre de Bruxelles, Belgium; guido.maretto@gmail.com) Contracts and Markets: Risk Sharing with Hidden Types
Kostas Koufopoulos (U. of Warwick, UK)
Roman Kozhan (Warwick Business School, UK; Roman.Kozhan@wbs.ac.uk)
Optimal Financial Contracts Under Ex-Ante Asymmetric Information
Carmen Bevia (UAB, Spain; carmen.bevia@gmail.com)
Luis C. Corchón (Universidad Carlos III de Madrid, Spain)
Yosuke Yasuda (National Graduate Institute for Policy Studies, Japan)
Oligopolistic Equilibrium and Financial Constraints

Financial Frictions and Regulation (Organizer: Dimitrios Tsomocos)

Presenter(s) Topic
Tsvetomira Tsenova (National Bank of Bulgaria, Bulgaria; tsenova.ts@bnbank.org) International Monetary and Regulatory Transmission with Bank Heterogeneity and Default Risk
Alex Vardoulakis (Banque de France, France; alexandros.vardoulakis@sbs.ox.ac.uk) Measuring Optimism Over the Leverage Cycle
Udara Peiris (U. of Warwick, UK; u.peiris@warwick.ac.uk)
Herakles Polemarchakis (University of Warwick, UK)
Money and Prices in an Open Economy Under Uncertainty
Li Lin (University of Oxford, UK; Li.Lin@sbs.ox.ac.uk) Debt Deflation Effects of Monetary Policy, an Application

Functional Analysis and Applications (Organizers: Evgenios P. Avgerinos and Nikolaos Papanastassiou)

Presenter(s) Topic
Evgenios P. Avgerinos (U. of Aegean, Greece; eavger@aegean.gr) On Periodic Solutions for Differential Inclusions with Nonconvex and Unbounded Multifunction
Ev. Athanassiadou (U. Athens, Greece eathan@math.uoa.gr)
Xenofon Dimitriou (U. Athens, Greece; dxenof@math.uoa.gr)
Shur Type Lemmas in Vector Lattices
Nikolaos Papanastassiou (U. Athens, Greece; npapan@math.uoa.gr) Convergence of Sequences of Partial Functions
Xenofon Dimitriou (U. Athens, Greece)
Nikolaos Papanastassiou (U. Athens, Greece; npapan@math.uoa.gr)
On Lp Convergence in measure of sequence of measurable functions

Game Theory and Applications (Organizer: Klaus Ritzberger)

Presenter(s) Topic
Helga Habis (Corvinus University of Budapest, Hungary)
Jean-Jacques Herings (University of Maastricht, Netherlands; P.Herings@maastrichtuniversity.nl)
Transferable Utility Games with Uncertainty
David Kelsey (Exeter University, UK; D.Kelsey@exeter.ac.uk) Political Economy and the Firm
Larry Blume (Cornell University, NY, Institute for Advanced Studies, Vienna, and Santa Fé Institute; lb19@cornell.edu)
Klaus Ritzberger (Institute for Advanced Studies, Vienna)
The Curse of Poverty
Leopold Sögner (Institute for Advanced Studies, Vienna; soegner@ihs.ac.at) Bayesian Learning, Shutdown and Convergence

Games and Markets I (Organizer: Leonidas C. Koutsougeras)

Presenter(s) Topic
Nizar Allouch
(Queen Mary U. of London, UK)
Monique Florenzano (Paris School of Economics, France; monique.florenzano@univ-paris1.fr)
Satiated Economies with Unbounded Consumption Sets, Fuzzy Core and Equilibrium
Marta Faias (Universidade Nova de Lisboa, Portugal; mcm@fct.unl.pt)
Emma Moreno-Garcia (Universidad de Salamanca, Spain)
Myrna Wooders (Vanderbilt U.)
A Strategic Market Game Approach for the Private Provision of Public Goods
Indrajit Ray (U. of Birmingham, UK)
Sonali Sen Gupta (U. of Birmingham, UK)
Weak Correlation and Duopoly
Robert R. Routledge (U. of Manchester, UK; robert.routledge@postgrad.manchester.ac.uk) On the Bertrand core and Equilibrium of a Market

Games and Markets II (Organizer: Leonidas C. Koutsougeras)

Presenter(s) Topic
Dieter Balkenborg (University of Exeter, UK; D.G.Balkenborg@exeter.ac.uk)
Dries Vermeulen (University Maastricht, Netherlands)
Simplicial Sets and Nash Components: An Elementary Proof
Nicholas Ziros (U of
Cyprus, Cyprus; n.ziros@ucy.ac.cy)
The Second Welfare Theorem in non Walrasian Economies
Christou Charalambos
(University of Macedonia)
Konstantinos G. Papadopoulos (Aristotle University of Thessaloniki, Greece; kpap@econ.auth.gr)
The Countervailing Power Hypothesis in Size-Polarized Markets
Kostas Koufopoulos
(University of Warwick, UK; Kostas.Koufopoulos@wbs.ac.uk)
Endogenous Commitment and Nash Equilibria in Competitive Markets with Adverse Selection

General Equilibrium I (Organizer: Yves Balasko)

Presenter(s) Topic
Yves Balasko (University of York, UK; yb501@york.ac.uk) Number of Critical Equilibria Separating Two Equilibria
Mich Tvede (Newcastle U, UK; Mich.Tvede@ncl.ac.uk) General Equilibrium with Flexible Preferences
Yiannis Vailakis (University of Exeter, UK; Y.Vailakis@exeter.ac.uk)
Cuong Le Van (Université Paris 1 Panthéon-Sorbonne, France)
Financial Markets with Secured Lending

General Equilibrium II (Organizer: Antonio Villanacci)

Presenter(s) Topic
Bernard Cornet (Paris School of Economics and U. of Kansas, France and USA)
Abhishek Ranjan (Paris School of Economics, France; abhikislay@gmail.com)
Existence of Financial Quasi-Equilibria with Restricted Participation
Elena L. del Mercato (Paris School of Economics and Université Paris 1 Panthéon-Sorbonne, France)
Vincenzo Platino (Paris School of Economics and Université Paris 1 Panthéon-Sorbonne, France; vincenzo.platino@gmail.com)
Regularity of Competitive Equilibria in a Production Economy with Externalities
Michele Gori (Università degli Studi di Firenze, Italy; michele.gori@unifi.it) Endogenous Household Formation and Inefficiency in a General Equilibrium Model
Alberto Pinto (Universidade do Porto, Portugal; aapinto@fc.up.pt)
Miguel Ferreira (Instituto Politécnico do Porto, Portugal)
Bärbel Finkenstädt (University of Warwick, UK)
Bruno Oliveira (Universidade do Porto, Portugal)
Athanassios Yannacopoulos (Athens University of Economics and Business)
On the Convergence to Walrasian Prices in Random Matching Edgeworthian Economies

General Equilibrium, Ambiguity and Incomplete Markets (Organizers: Aloisio Araujo and Rodrigo Novinski)

Presenter(s) Topic
Matthew Hoelle (European University Institute, Florence, Italy)
Marina Pireddu (Università degli Studi di Firenze, Italy; marina.pireddu@unifi.it)
Antonio Villanacci (Università degli Studi di Firenze, Italy)
A Simple Model of Restricted Participation with Real Assets
Pietro da Silva (IMPA, Brazil; pietro@impa.br) Survival and Uncertainty through Variational Preferences
Aloisio Araujo (IMPA and EPGE/FGV, Brazil)
Jean-Marc Bonnisseau (U. Paris 1 Panthéon-Sorbonne, France)
Alain Chateauneuf (U. Paris 1 Panthéon-Sorbonne, France; Alain.Chateauneuf@univ-paris1.fr)
Rodrigo Novinski (Ibmec Business School, Brazil)
Optimal Risk Sharing for Optimistic and Pessimistic Decision Makers
Aloisio Araujo (IMPA and EPGE/FGV, Brazil; aloisio@impa.br)
Marcia Saraiva Leon (Brazilian Central Bank, Brazil)
Rafael Chaves Santos (Brazilian Central Bank, Brazil)
Welfare Analysis of Monetary Regimes with Defautable Debt

General Financial Equilibrium (Organizer: Stephen Spear)

Presenter(s) Topic
Antonio Andres Bellofatto (Carnegie Mellon U., andresb@cmu.edu) Inflationary Redistribution: Impact on Welfare in Overlapping Generations Economies with Incomplete Markets
Pablo F. Becker (U. of Warwick, UK)
Emilio Espino (Universidad Torcuato Di Tella, Argentina, eespino@utdu.edu)
A General Equilibrium Explanation for Financial Markets Anomalies: Belief Heterogeneity Under Limited Enforceability
Matthew Hoelle (European U. Institute, Italy, Matthew.Hoelle@eui.eu) Sunspots and Multiplicity
Jessie Jiaxu Wang (Carnegie Mellon U., jiaxuw@andrew.cmu.edu) The Shareholder Premium: Asset Pricing Implications of Dynamic Labor Contracts

Government, Institutions and Accountability (Organizer: Cecilia Testa)

Presenter(s) Topic
Justin Fox (Yale University; justin.fox@yale.edu)
Matthew C. Stephenson (Harvard Law School)
The Distributional Effects of Minority-Protective Judicial Review
Andrea Mattozzi (Universitat Autonoma de Barcelona, Spain; andrea.mattozzi@movebarcelona.eu)
Erik Snowberg (Caltech)
The Personality of Politicians
Edoardo Di Porto (Universite” de Lille, France)
Nicola Persico (New York University)
Nicolas Sahuguet (HEC Montréal, Canada; nicolas.sahuguet@hec.ca)
Decentralizing Deterrence, with an Application to Labor Tax Auditing
Giovanni Facchini (Erasmus U. and Universita” degli studi di Milano, The Netherlands and Italy)
Cecilia Testa (Royal Holloway University of London and Erasmus University, UK and The Netherlands; Cecilia.Testa@rhul.ac.uk)
The Rhetoric of Closed Borders:
Quotas, Lax Enforcement and Illegal Migration

Heterogeneous-Agent Models in Macroeconomics (Organizer: Tom Krebs)

Presenter(s) Topic
Juan Carlos Hatchondo (Federal Reserve Bank of Richmond; JuanCarlos.Hatchondo@rich.frb.org)
Leonardo Martinez (International Monetary Fund)
Juan. M. Sanchez (Federal Reserve Bank of St. Louis)
Self-Insurance, Mortgages, and House-Price Risk
Tom Krebs (U. of Mannheim, Germany)
Moritz Kuhn (U of Bonn, Germany; mokuhn@uni-bonn.de)
Mark Wright (UCLA)
Human Capital Risk, Contract Enforcement, and the Macroeconomy
Dan Cao (Georgetown U.; dc448@georgetown.edu) Collateral Shortages and Asset Price and Investment Volatility with Heterogeneous Beliefs
Johannes Brumm (U. of Mannheim, Germany; johannes.brumm@googlemail.com)
Michael Gill (U. of Mannheim, Germany)
Felix Kubler (U. of Zurich, Switzerland)
Karl Schmedders (University of Zurich, Switzerland)
Collateral Requirements and Asset Prices

Heterogeneous-Agent Monetary Economies (Organizer: Gabriele Camera)

Presenter(s) Topic
Amy Sun (Queen’s U., Canada; hfsun@econ.queensu.ca) Markets, Income and Policy
G. Camera (Purdue U.)
Miguel Molico (Bank of Canada, Canada; mmolico@bank-banque-canada.ca)
Jonathan Chiu (Bank of Canada, Canada)
A Search Model with Illiquid Bonds
Gaetano Antinolfi (Board of Governors and U. of Washington in St Louis; gaetano@artsci.wustl.edu)
Enrique Kawamura (University of San Andrés, Argentina)
Liquidity and Financial Markets
G. Camera (Purdue U.)
Y. Chien (Purdue U.; ychien@purdue.edu)
Understanding the Distributional Impact of Inflation

Incomplete Markets and the Macroeconomy (Organizer: Alberto Bisin, Chair: Enrico Minelli)

Presenter(s) Topic
Enrico Minelli (Universita” Brescia, Italy; minelli@eco.unibs.it)
Martin Meier (Institute for Advanced Studies, Austria)
A Large Market Game with Private Information on both Sides
Carlos Herve-Beloso
Joao Correia da Silva (Universidad do Porto, Portugal; joao@fep.up.pt)
Two-period Economies with Private State Verification
Alberto Martin (CREI, Cataluna; amartin@crei.cat)
Jaume Ventura
Economic Growth with Bubbles
Frederic Malherbe (London Business School, UK; fmalherbe@london.edu) Market Discipline and Securitization

Increasing Returns and Overlapping Generations (Organizer: Jean-Marc Bonnisseau)

Presenter(s) Topic
Bertrand Wigniolle (Paris School of Economics, Université Paris 1, Panthéon-Sorbonne, France; Bertrand.Wigniolle@univ-paris1.fr) Where Pessimism Generates Financial Bubbles in a Dynamically Efficient Economy
Karine Gente (Université de la Mediterranée, France)
Carine Nourry (Université de la Mediterranée, France; carine.nourry@univmed.fr)
Integration, Real Exchange Rate and Growth
Jean-Pierre Drugeon (CNRS, Université Paris 1 Panthéon-Sorbonne, France; Jean-Pierre.Drugeon@univ-paris1.fr) Impatience and Overlapping Generations
Jean-Marc Bonnisseau (Paris School of Economics, Université Paris 1 Panthéon-Sorbonne, France; Jean-Marc.Bonnisseau@univ-paris1.fr)
Lalaina Rakotonindrainy (Paris School of Economics, Université Paris 1 Panthéon-Sorbonne, France)
Existence of Equilibrium in OLG Economies with Increasing Returns

Industrial Organization I (Organizers: Dan Kovenock, Diego Moreno, and Nikos Vettas)

Presenter(s) Topic
Fabrizio Germano (Universitat Pompeu Fabra and Barcelona GSE, Spain; fabrizio.germano@upf.edu)
Martin Meier (Institute for Advanced Studies, Austria)
Concentration and Self-censorship in Commercial Media
Sandro Shelegia (U. of Vienna, Austria; sandro.shelegia@univie.ac.at ) Quality Choice, Observability and Dispersion of Valuations
Sjaak Hurkens (Institute for Economic Analysis, CSIC, and IESE Business School, U. of Navarra, Spain; sjaak.hurkens@iae.csic.es)
Angel L. Lopez (IESE Business School, U. of Navarra, Spain)
Mobile Termination, Network Externalities, and Consumer Expectations
Emeric Henry (Sciences Po, France)
Carlos Ponce (Universidad Carlos III de Madrid, Spain; cjponce@eco.uc3m.es)
Waiting to Imitate: on the Dynamic Pricing of Knowledge

Industrial Organization II (Organizers: Dan Kovenock and Diego Moreno)

Presenter(s) Topic
Pablo F. Beker (University of Warwick, UK)
Angel Hernando-Veciana (Universidad Carlos III de Madrid, Spain; angel.hernando@uc3m.es)
A Chicken-or-Egg Model of Financing and Bidding
Carlos Pérez (Universidad de Alicante, Spain)
Carlos Ponce (Universidad Carlos III de Madrid, Spain; cjponce@eco.uc3m.es)
Technology Adoption with Learning by Doing and Switching Costs
Francis Bloch (Ecole Polytechnique, France)
Simona Fabrizi (Massey U, New Zealand)
Steffen Lippert (U of Otago, New Zealand; steffen.lippert@gmail.com)
Learning, Preemption and Cooperation in R&D Races
Daniel García-González (Universidad Carlos III de Madrid, Spain; dggonzal@eco.uc3m.es) Reputation with Endogenous Monitoring

Information and Games (Organizer: Takako Fujiwara-Greve)

Presenter(s) Topic
Yukio Koriyama (Ecole Polytechnique, France; yukio.koriyama@polytechnique.org) Optimal Apportionment
Jesse A. Schwartz (Kennesaw State U.)
Quan Wen (Vanderbilt U.; quan.wen@vanderbilt.edu)
A Subsidized Vickrey Auction for Cost Sharing
Hajime Kobayashi (Kansai U., Japan)
Katsunori Ohta (Wakayama U., Japan)
Tadashi Sekiguchi (Kyoto U., Japan; sekiguchi@kier.kyoto-u.ac.jp)
Optimal Shirking in Teams
Takako Fujiwara-Greve (Keio U., Japan; takakofg@econ.keio.ac.jp)
Yosuke Yasuda (GRIPS, Japan)
Repeated Cooperation with Outside Options

Learning, Information and Mechanism Design (Organizer: Hamid Sabourian)

Presenter(s) Topic
Antonio Guarino (U. College London, UK; a.guarino@ucl.ac.uk)
Philippe Jehiel (Paris School of Economics, France)
Social Learning with Coarse Inference
Itay Goldstein (U. Pennsylvania)
Emre Ozdenoren (London Business School, UK; eozdenoren@london.edu)
Kathy Yuan (London School of Economics, UK)
Trading Frenzies and Their Impact on Real Investment
Sonje Reiche (Cambridge, UK; skr29@cam.ac.uk
Robert Evans (Cambridge, UK)
Bilateral Trade and Renegotiation
Hamid Sabourian (Cambridge, UK; hs102@cam.ac.uk) Repeated Implementation with Finite Mechanisms

Infrastructure, Tax Competition, Redistribution and Growth (Organizer: Cuong Le-Van)

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Presenter(s) Topic
Cagri Saglam (Bilkent U., Turkey; csaglam@bilkent.edu.tr)
Hamide K. Turan (Bilkent U., Turkey)
Dynamic Implications of Infrastructure Investment and Optimal Growth
Benteng Zou (U. of Luxembourg, Luxembourg; Benteng.zou@uni.lu) The Long Run Survival of Small States: A Dynamic View
Leonor Modesto (U. Católica Portuguesa, Portugal, lrm@fcee.lisboa.ucp.pt)
Teresa Lloyd-Braga (U. Católica Portuguesa, Portugal)
Can Taxes Stabilize the Economy in the Presence of Consumption Externalities?

International Economics I (Organizer: Raymond Riezman)

Presenter(s) Topic
B. Ural Marchand (U. Alberta, Canada)
R. Rees (U. Munich, Germany)
Raymond Riezman (U. Iowa; raymond-riezman@uiowa.edu)
Globalization, Gender and Growth: An Empirical Approach
Nick Sly (U. Oregon; sly@uoregon.edu) Labor Matching Behavior in Open Economies and Trade Adjustment
Gabriel Felbermayr (U. Hohenheim and Ifo Institute, Germany; felbermayr@ifo.de) Trade and the Spatial Distribution of Transport Infrastructure
F. Di Comite (U. Catholique Louvain, Belgium)
J-F Thisse (U. Catholique Louvain, Belgium)
Hylke Vandenbussche (U. Catholique Louvain, Belgium;
Hylke.Vandenbussche@econ.kuleuven.be)
Verti-zontal Differentiation in Monopolistic Competition

International Economics II (Organizer: Raymond Riezman, Chair: Peter Neary)

Presenter(s) Topic
Richard Chisik (Ryerson U., Canada; rchisik@economics.ryerson.ca)
H. Onder (World Bank)
Limiting Cross-Retaliation when Punishment is Limited: How DSU Article 22.3 Complements GATT Article XXVIII
Monika Mrazova (LSE, UK; monika.mrazova@gmail.com) Trade Agreements when Profits Matter
C. Bown (World Bank)
Meridith Crowley (Chicago Fed; mcrowley@frbchi.org)
Self-Enforcing Trade Agreements: Evidence from Antidumping Policy
L. Huang (Drexel U.)
Costas Syropoulos (Drexel U.; cas86@drexel.edu)
Y. Yotov (Drexel U.)
On the Implications of Bilateral Free Trade Agreements for Global Free Trade: A Political-Economic Analysis

International Economics III (Organizer: Raymond Riezman, Chair: Hylke Vandenbussche)

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Presenter(s) Topic
Amrita Ray Chaudhuri (Tilburg U, The Netherlands; a.raychaudhuri@uvt.nl) Monopolization through Acquisitions in Multimarket Oligopolies
Heiwai Tang (Tufts U; heiwai.tang@tufts.edu)
Y. Zhang (Lingnan U, China)
Quality Differentiation and the Pattern of Intermediated Trade
M. Mrazova (LSE, UK)
Peter Neary (U Oxford, UK; peter.neary@economics.ox.ac.uk)
Selection Effects with Heterogeneous Firms

International Trade and Factor Mobility (Organizer: Giovanni Facchini)

Presenter(s) Topic
Rosario Crinò (Università di Brescia, Italy and IAE, Spain)
Paolo Epifani (Universita’ Bocconi,
Italy; paolo.epifani@unibocconi.it)
Productivity, Quality and Export Behavior
Emily Blanchard (U. of Virginia)
Gerald Willmann (KU Leuven, Belgium; gerald.willmann@econ.kuleuven.be)
Trade, Education, and the Shrinking Middle Class
Vincent Rebeyrol (Toulouse School of Economics, France; vincent.rebeyrol@univ-tlse1.fr) Trade Patterns when Location of Production is Endogenous
Julian Emami Namini (Erasmus U. Rotterdam, The Netherlands)
Giovanni Facchini (Erasmus U. Rotterdam, The Netherlands and U. of Milan, Italy;
facchini@ese.eur.nl)
Ricardo A. Lopez (Brandeis U.)
Export Growth and Factor Market Competition: Theory and Some Evidence

Intertemporal Social Choice (Organizer: Geir B. Asheim)

Presenter(s) Topic
Geir B. Asheim (University of Oslo, Norway; g.b.asheim@econ.uio.no)
Stéphane Zuber (CNRS, Université Paris Descartes, France)
A Complete and Strongly Anonymous Leximin Relation on Infinite Streams
Tsuyoshi Adachi (Waseda U., Japan)
Susumu Cato (U. of Tokyo, Japan)
Kohei Kamaga (Waseda University, Japan; k-kmg@ruri.waseda.jp)
Extended Anonymity and Paretian Relations on Infinite Utility Streams
Marco Mariotti (U. of St. Andrews, UK)
Roberto Veneziani (Queen Mary, University of London, UK; r.veneziani@qmul.ac.uk)
Allocating Chances of Success in Finite and Infinite Societies: The Utilitarian Criterion
Marc Fleurbey (CNRS, Université Paris Descartes, France)
Stéphane Zuber (CNRS, Université Paris Descartes, France; stephane.zuber@parisdescartes.fr)
Ex Post Intergenerational Equity and Discounting

Investment Games (Organizer: Frank Riedel)

Presenter(s) Topic
Jacco Thijssen (University of York, UK; jjjt500@york.ac.uk) Correlated Equilibria in Continuous Time Timing Games with Markovian Payoffs

Svetlana Boyarchenko (University of Texas, Austin; sboyarch48@gmail.com)
Sergei Levendorskii (University of Leicester, UK)
Investment Games under Levy Uncertainty

Jan-Henrik Steg (Bielefeld University, Germany; jhsteg@wiwi.uni-bielefeld.de) Strategic Capital Accumulation with Singular Control

Labor, Growth and Inequality (Organizer: Ping Wang, Chair: Derek Laing)

Presenter(s) Topic
Yin-Chi Wang (Washington U. in St.
Louis; yin-chi.wang@go.wustl.edu)
Health, Education and Development

Alissa Dubnicki (Syracuse U.)
Derek Laing (Syracuse U.; dlaing@maxwell.syr.edu)
In or Out the Closet: A Search Based Model of Gay Marriages and Civil Unions

Robert R. Reed (U. of Alabama)
Jen-Ruey Tsaur (National Central U. Taiwan; jenruey@ncu.edu.tw)
Social Capital, Schooling and Labor Market Outcomes

Alejandro Badel (Federal Reserve Bank of St. Louis; ale.badel@gmail.com) Understanding Permanent Black-White Earnings Inequality

Learning in Games I: Stochastic Stability (Organizer: Carlos Alos-Ferrer)

Presenter(s) Topic
Mathias Staudigl (U. of Bielefeld, Germany; mathias.staudigl@univie.ac.at) Stochastic Stability in Binary Choice Coordination Games
Abhimanyu Khan (Maastricht U, Netherlands; a.khan@maastrichtuniversity.nl)
Ronald Peeters (Maastricht U, Netherlands)
Evolution of Behavior when Duopolists Compete in Price and Quantity
Fei Shi (U. of Konstanz, Germany; fei.shi@uni-konstanz.de) Social Planners and Local Conventions
Carlos Alós-Ferrer (U. of Konstanz, Germany; carlos.alos-ferrer@uni-konstanz.de) Robust Stochastic Stability

Learning in Games II: Evolution (Organizer: Carlos Alos-Ferrer)

Presenter(s) Topic
Friederike Mengel (Maastricht U., Netherlands, F.Mengel@maastrichtuniversity.nl) Learning by (Limited) Forward Looking Players
Chistoph Kuzmics (U. of Bielefeld, Germany;
christoph.kuzmics@uni-bielefeld.de)
Florian Herold (Northwestern U.)
The Evolution of Taking Roles
Lars Metzger (U. of Bonn, Germany; lars.metzger@uni-bonn.de) Invader Strategies in the War of Attrition with Private Information
Valeska Grönert (Universitat Autonoma de Barcelona, Spain; valeska.groenert@uab.cat) Social Learning and Homophily

Limited Commitment I (Organizer: Tim Worrall)

Presenter(s) Topic
Árpád Ábrahám (European U. Institute, Italy; arpad.abraham@eui.eu)
Sarolta Laczó (U. of California, Los Angeles)
Limited Commitment and Hidden Storage

YiLi Chien (Purdue U.; ychien@purdue.edu)
Joon Song (Essex U., UK; joonsong.econ@gmail.com)
Excessive Perks to Restrain the Hidden Saving Problem

Timothy Kam (Australian National U., Australia; timothy.kam@anu.edu.au)
Ronald Stauber (Australian National U., Australia)
Optimal Unemployment Insurance with Limited Government Commitment and Heterogeneous Agents

Limited Commitment II (Organizer: Tim Worrall)

Presenter(s) Topic
Tom Krebs (U. of Mannheim, Germany; tkrebs@econ.uni-mannheim.de)
Mark Wright (U. of California at Los Angeles)
Contract Enforcement and the Under-Insurance Puzzle

Francesco Lancia (University of Bologna, Italy)
Alessia Russo (University of Modena and Reggio Emilia, Italy; alessia.russo3@unibo.it)
Self-Commitment, Institution and Cooperation in OLG Games

Ethan Ligon (University of California, Berkeley; ligon@are.berkeley.edu)
Tim Worrall (University of Manchester, UK)
Aggregation and Risk Sharing with Limited Commitment

Jonathan P. Thomas (University of Edinburgh, UK; jonathan.thomas@ed.ac.uk)
Tim Worrall (University of Manchester, UK)
Risk Sharing in Dynamic Relational Contracts

Macroeconomic Dynamics I (Organizer: Jang-Ting Guo, Chair: YiLi Chien)

Presenter(s) Topic
Yunfang Hu (Tohoku U., Japan; yhu@intcul.tohoku.ac.jp)
Koji Shimomura (Kobe U., Japan)
Dynamic Indeterminacy and Transfer Paradox
Baruch Gliksberg (U. of Haifa, Israel; baruchg@econ.haifa.ac.il) Consolidated-Budget Rules and Macroeconomic Stability
YiLi Chien (Purdue U.; ychien@purdue.edu) Cost of Business Cycles with Heterogeneous Trading Technologies

Macroeconomic Dynamics II (Organizer: Jang-Ting Guo, Chair: Xavier Raurich)

Presenter(s) Topic
Hannu Vartiainen (U. of Helsinki, Finland; hannu.vartiainen@helsinki.fi) One-Deviation Principle and Endogenous Political Choice
Luigi Marattin (U. of Bologna, Italy; luigi.marattin@unibo.it)
Arsen Palestini (U. of Rome, Italy)
Edgeworth Dependence and Government Spending Multipliers: A Theoretical Analysis
Xavier Raurich (Universitat de Barcelona and CREB, Spain; xavier.raurich@ub.edu)
Valeri Sorolla (Universitat Autònoma de Barcelona, Spain)
Growth, Unemployment and Wage Inertia

Macroeconomic Policies (Organizer: Isabel Correia)

Presenter(s) Topic
Harris Dellas (U. of Bern, Switzerland; harris.dellas@vwi.unibe.ch) Government Spending Multipliers
Daniele Coen-Pirani (U. of Pittsburgh)
Rui Castro (Université de Montreal, Canada; rui.castro@umontreal.ca)
Public Policy, Technological Change and the Evolution of Educational Attainment
Isabel Correia (Banco de
Portugal and Catolica-Lisbon, Portugal)
Emmanuel Farhi (Harvard U.)
Juan Pablo Nicolini (FRB of Minneapolis and Universidad di Tella and Argentina)
Pedro Teles (Banco de Portugal and Catolica-Lisbon, Portugal; pteles@fcee.ucp.pt)
Unconventional Policies at the Zero Bound
Isabel Correia (Banco de Portugal
and Catolica-Lisbon, Portugal; mihcarvalho@bportugal.pt)
Pedro Teles (Banco de
Portugal and Catolica-Lisbon, Portugal)
Monetary Union and Fiscal Policy

Managerial Compensation (Organizer: Thomas Gresik)

Presenter(s) Topic
Robertas Zubrickas (U. of Zurich, Switzerland; robertas.zubrickas@econ.uzh.ch) Managerial Accountability for Payroll Expense and Firm-Size Wage Effects
Keith Crocker (Pennsylvania State U.)
Thomas Gresik (U. of Notre Dame; Thomas.A.Gresik.1@nd.edu)
Optimal Compensation with Earnings Manipulation: Managerial Ownership and Retention
Daniel Garrett (Northwestern U.; dfgarrett@gmail.com)
Alessandro Pavan (Northwestern U.)
Managerial Turnover in a Changing World
Bruno Strulovici (Northwestern U.; b-strulovici@northwestern.edu) Renegotiation-Proof Contracts with Moral Hazard and Persistent Private Information

Market Dynamics and Price Discovery (Organizer: John Ledyard)

Presenter(s) Topic
Elena Asparouhova (U. of Utah; e.asparouhova@utah.edu)
Wendy Shin (Caltech)
Minghei Cheng (Caltech)
Peter Bossaerts (Caltech and Swiss Finance Institute at EPFL and Switzerland)
Market Bubbles and Crashes as an Expression of Tension between Social and Individual Rationality: An Experiment
Jason Shachat (Xiamen U., China; jason.shachat@gmail.com)
Zhenxuan Zhang (Xiamen U., China)
The Hayek Hypothesis and Long Run Competitive Equilibrium: An Experimental Investigation
John Ledyard (Caltech; jledyard@hss.caltech.edu)
Jennifer Ma (Caltech)

Price Formation in Markets with Income Effects

Market Games (Cooperative and Non-Cooperative) (Organizer: Walter Trockel)

Presenter(s) Topic
Gaël Giraud (U. Paris 1; gael.giraud@univ-paris1.fr
Sonja Brangewitz (IMW, Bielefeld U., Germany)
Learning in Infinite-Horizon Strategic Market Games with Collateral and Incomplete Information
Sonja Brangewitz (IMW, Bielefeld U., Germany; sonja.brangewitz@uni-bielefeld.de)
Jan-Philip Gamp (IMW, Bielefeld U., Germany; jan-philip.gamp@wiwi.uni-bielefeld.de)
Competitive Outcomes and the Inner Core of Market games
Camelia Bejan (Rice U.; camelia@rice.edu)
Juan Camilo Gomez (University of Washington Bothell)
Competitive Outcomes, Endogenous Firm Formation and the Aspiration Core
Sonja Brangewitz (IMW, Bielefeld U., Germany; sonja.brangewitz@uni-bielefeld.de) Finite Horizon Strategic Market Games with Collateral

Markets and Contracts I (Moral Hazard) (Organizers: Andrea Attar and Enrico Minelli)

Presenter(s) Topic
Andrea Attar (U. of Rome II and Toulouse School of Economics, Italy and France)
Arnold Chassagnon (Paris Dauphine, France; arnold@pse.ens.fr)
Uday Rajan (U. of Michigan)

Bertrand-Edgeworth Competition Under Non-Exclusivity
Daron Acemoglu (MIT)
Alp Simsek (Harvard; asimsek@fas.harvard.edu)
Moral Hazard in General Equilibrium with Anonymous Trading
Weerachart Kilenthong (U of the Thai Chamber of Commerce, Thailand; weerachart_kil@utcc.ac.th)
Robert Townsend (MIT)
Information-Constrained Optima with Retrading: An Externality and Its Market-Based Solution

Markets and Contracts II (Adverse Selection) (Organizers: Andrea Attar and Enrico Minelli)

Presenter(s) Topic
Andrea Attar (U. of Rome II and Toulouse School of Economics, Italy and France; attar@economia.uniroma2.it)
Thomas Mariotti (Toulouse School of Economics, France)
François Salanie (Toulouse School of Economics, France)
Non-Exclusive Competition Under Adverse Selection
Alex Citanna (Yeshiva U.; citanna@yu.edu)
Paolo Siconolfi (Columbia U.)
Incentive Efficient Price Systems in Insurance Economies with Adverse Selection
Daniel Garrett (Northwestern U.; dfgarrett@gmail.com)
Alessandro Pavan (Northwestern U.)
Dynamic Managerial Compensation: On the Optimality of Seniority-based Schemes
Thomas Philippon (NYU)
Vasiliki Skreta (NYU; vskreta@stern.nyu.edu)
Optimal Interventions in Markets with Adverse Selection

Mathematical Economics I (Organizers: Kali Rath and Yeneng Sun)

Presenter(s) Topic
Nobusumi Sagara (Hosei U, Japan; nsagara@hosei.ac.jp) A Probabilistic Representation of Exact Games on Sigma-Algebras
Xiang Sun (National U Singapore, Singapore; xiangsun@nus.edu.sg) Independent Random Partial Matching with Infinite Types
Roberto Raimondo (U Melbourne, Australia; rraim@unimelb.edu.au) Discrete Time and Strategies in Continuous-Time Games
M. Ali Khan (Johns Hopkins U)
Kali Rath (U Notre Dame; Kali.P.Rath.1@nd.edu)
Finite and Countable Partitions of Unity for Finitely Additive Measures

Mathematical Economics II (Organizer: Yeneng Sun)

Presenter(s) Topic
Haomiao Yu (Ryerson U, Canada; econhaomiao@gmail.com) Representation and Realization of Large Games
M. Ali Khan (Johns Hopkins U)
Yongchao Zhang (National U Singapore and Shanghai University of Finance and Economics, Singapore and China; zyongao@gmail.com)
Saturation and Private Information Games
Yeneng Sun (National U Singapore, Singapore; ynsun@nus.edu.sg) Large Bayesian Games

Mechanism Design and Auctions (Organizer: Alejandro Manelli, Chair: Hector Chade)

Presenter(s) Topic
Konrad Mierendorff (U. of Zurich, Switzerland;
mierendorff@gmx.net)
Optimal Dynamic Mechanism Design with Deadlines
Juan Carlos Carbajal (U. of Queensland)
Andrew McLennan (University of Queensland; a.mclennan@economics.uq.edu.au)
Rabee Tourky (U. of Queensland)
Truthful Implementation and Aggregation in Restricted Domains
Roberto Burguet (Institut d”Anàlisi Econòmica CSIC and Barcelona GSE, Spain; roberto.burguet@iae.csic.es)
Ramon Caminal (Institut d”Anàlisi Econòmica CSIC and Barcelona GSE, Spain)
Simultaneous Nash Bargaining with Consistent Beliefs
Hector Chade (Arizona State U.;
hector.chade@asu.edu)
Moral Hazard with Unobservable Consumption

Microeconomics and Game Theory (Organizers: Marta Faias and Carlos Hervés-Beloso)

Presenter(s) Topic
Filomena Garcia (ISEG/UTL and UECE, Lisbon, Portugal; fgarcia@iseg.utl.pt)
Paolo Colla (Bocconi U, Italy)
Technology Adoption with Forward Looking Agents
Yi-Ling Cheng (National Taiwan U., Taiwan)
Shin-Kun Peng (Academia Sinica and National Taiwan U., Taiwan; speng@econ.sinica.edu.tw)
Takatoshi Tabuchi (U. of Tokyo, Japan)
Multiproduct Duopoly with Vertical Differentiation
Eduardo L. Giménez (Universidad de Vigo, Spain; egimenez@uvigo.es )
Mikel Pérez-Nievas (Universidad de Santiago de Compostela, Spain)
Offer Curves and the Uniqueness of Equilibrium
Jose Ignacio Conde-Ruiz (FDEA, Spain)
Eduardo L. Giménez (Universidad de Vigo, Spain)
Mikel Pérez-Nievas (Universidade de Santiago de Compostela, Spain miguel.perez-nievas@usc.es)
On the Notions of A-efficient and P-efficient Population Growth: Some Critical Assessments”

Modeling Conflict (Organizers: Stergios Skaperdas and Constantinos Syropoulos)

Presenter(s) Topic
Colin Jennings (U. of Strathclyde, UK)
Santiago Sanchez-Pages (U. of Barcelona and U. of Edinburgh, Spain and UK; sanchez.pages@gmail.com)
Can Conflict Foster Capital Investment?
Karl Wärneryd (Stockholm School of Economics, Sweden; Karl.Warneryd@hhs.se) On Democracy and Conflict
Daron Acemoglu (MIT; daron@mit.edu)
Michael Golosov (Yale U.)
Aleh Tsyvinski (Yale U.)
Pierre Yared (Columbia U.)
A Dynamic Theory of Resource Wars
Michelle R. Garfinkel (U. of California, Irvine)
Stergios Skaperdas (U. of California, Irvine)
Constantinos Syropoulos (Drexel U.; cas86@drexel.edu)
Trade and Insecure Resources

Models of Conflict (Organizer: Dan Kovenock)

Presenter(s) Topic
Alan Beardon (U of Cambridge; UK)
Colin Rowat (U. of Birmingham, UK; c.rowat@bham.ac.uk)
Efficient Sets are Small [Slides]
David Rietzke (U. of Arizona)
Brian Roberson (Purdue U.; brobers@purdue.edu)
The Robustness of ‘Enemy-of-My-Enemy-is-My-Friend’ Alliances
Bettina Klose (U of Zurich, Switzerland; bettina.klose@econ.uzh.ch)
Dan Kovenock (Chapman U. and U. of Iowa)
The All-Pay Auction with Complete Information and Identity-Dependent Externalities
Dan Kovenock (Chapman U. and U. of Iowa; kovenock@chapman.edu)
Brian Roberson (Purdue U.)
Roman Sheremeta (Chapman U.)
The Attack and Defense of Weakest-Link Networks

Models of Politics (Organizer: Amanda Friedenberg)

Presenter(s) Topic
Catherine Hafer (NYU; catherine.hafer@nyu.edu)
Dimitri Landa (NYU; dimitri.landa@nyu.edu)
Majoritarian Debate
Matias Iaryczower (Princeton; miaryc@princeton.edu)
Andrea Mattozzi (Caltech)
Choosing Experts: Are Past Decisions Indicative of Future Performance?
Scott Ashworth (U. of Chicago)
Ethan Bueno de Mesquita (U. of Chicago)
Amanda Friedenberg (Arizona State U.; amanda.friedenberg@asu.edu)
Creating Incentives and Selecting Good Types Revisited

Monetary Theory (Organizer: Daniela Puzzello)

Presenter(s) Topic
Ricardo De O. Cavalcanti (Fundacao Getulio Vargas, Brazil; Ricardo.Cavalcanti@fgv.br)
Paulo Monteiro (Fundacao Getulio Vargas, Brazil; Ricardo.Cavalcanti@fgv.br)
Enriching Information to Avoid Bank Runs
Cyril Monnet (FRB-Philadelphia; cyril.monnet@phil.frb.org)
Daniel Sanches (Federal Reserve Bank of Philadelphia)
Private and Public Provision of Liquidity in a Banking Model
Luis Araujo (Michigan State U.; araujolu@msu.edu)
Bernando Guimaraes (Sao Paulo School of Economics-FGV)
Equilibrium Selection in a Fundamental Model of Money
John Duffy (U. of Pittsburgh)
Brit Grosskpof (Texas A&M)
Daniela Puzzello (U. of Illinois at Urbana-Champaign; dpuzzell@uiuc.edu)
Gift Exchange versus Monetary Exchange: Experimental Evidence

Networks I (Organizer: Francis Bloch, Chair: Sergio Currarini)

Presenter(s) Topic
Sergio Currarini (University of Venice, Italy)
Friederike Mengel (Maastricht University, Germany)
Identity, Homophily and In-Group Bias
Frédéric Deroian (GREQAM, Université Aix-Marseille, France; frederic.deroian@univmed.fr)
Mohamed Belhaj
(GREQAM, Université Aix-Marseille, France)
Competing Activities in Social Networks
Timo Hiller (U of Bristol, UK; timo.hiller@eui.eu) Alliance Formation and Coercion Networks
Dunia LOPEZ Pintado (University Pablo Olivado, Seville, Spain; dlopez@upo.es) Influence Networks

Networks II (Organizer: Francis Bloch, Chair: Federico Valenciano)

Presenter(s) Topic
Ana Mauleon (Facultés Saint Louis and CORE, Belgium; mauleon@fusl.ac.be)
Vincent Vannetelbosch (CORE, Louvain-la-Neuve, Belgium)
Bargaining and Delay in Trading Networks
Manuel Mueller Frank (Nuffield College, University of Oxford; muellerfrank.manuel@gmail.com) The Robustness of Consensus under Non-Bayesian Learning in Social Network
Federico Valenciano (University of the Basque Country, Spain; federico.valenciano@ehu.es)
Norma Olaizola(University of the Basque Country, Spain)
Network Formation under Institutional Constraints
Nizar Allouch (Queen Mary University of London, UK; n.allouch@qmul.ac.uk) On the Private Provision of Public Goods in Networks

Networks in Macroeconomics (Organizer: Christian Ghiglino)

Presenter(s) Topic
Yves Zenou (Stockholm University, Yves.Zenou@ifn.se) A Dynamic Model of Network Formation with Strategic Interactions
Asuman Ozdaglar (MIT; asuman@mit.edu)
Daron Acemoglu (MIT)
Alireza Tahbaz-Salehi (MIT)
Cascades in Networks and Aggregate Volatility
Christian Ghiglino (University of Essex, UK; cghig@essex.ac.uk)
Antonella Nocco (University of Salento, Italy)
When Veblen meets Krugman
Tiago Cavalcanti (University of Cambridge, UK; tvdv2@cam.ac.uk)
Chryssi Giannitsarou (University of Cambridge and CEPR, UK)
Social Structure and Human Capital Dynamics

New Developments in Decision Theory (Organizer: Paolo Ghirardato)

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Presenter(s) Topic
Paulo Casaca (FIEMG, Brazil; paulorscasaca@yahoo.com.br)
Alain Chateauneuf (Université de Paris I, France)
Jose Heleno Faro (Insper, Brazil)
Event Dependence of Ambiguity Attitudes
Efe Ok (Caltech)
Pietro Ortoleva (Caltech; ortoleva@caltech.edu)
Gil Riella (Universidade de Brasília, Brazil)
Revelead (P)Reference Theory
Mauro Papi (University of St. Andrews, UK; mp65@st-andrews.ac.uk) Satisficing Choice Procedures
Friederike Mengel (Maastricht U., The Netherlands)
Elias Tsakas (Maastricht U., The Netherlands)
Alexander Vostroknutov (Maastricht U., The Netherlands a.vostroknutov@maastrichtuniversity.nl)
Decision Making with Imperfect Knowledge of the State Space

New Developments in Information Transmission (Organizer: Marzena J. Rostek, Chair: Vasiliki Skreta)

Presenter(s) Topic
Vasiliki Skreta (NYU Stern; vskreta@stern.nyu.edu)
Mikhail Golosov (Yale)
Aleh Tsyvinski (Yale)
Andrea Wilson (NYU)
Dynamic Strategic Information Transmission
Tymofiy Mylovanov (Penn State; txm41@psu.edu)
Nicolas Klein (U. of Bonn, Germany)
Little White Lies–The Value of Inconsequential Chatter
Amit Gandhi (U. Wisconsin-Madison)
Ricardo Serrano-Padial (U. Wisconsin-Madison; rserrano@ssc.wisc.edu)
The Aggregate Effects of Idiosyncratic Heterogeneity: Evidence from an Arrow-Debreu Securities Market
Carlo Reggiani (University of Manchester, UK; carlo.reggiani@manchester.ac.uk) Spatial Price Discrimination in the Spokes Model

Political Economy I (Organizers: Massimo Morelli and Francesco Squintani)

Presenter(s) Topic
Helios Herrera (Columbia U.; helios.herrera@sipa.columbia.edu)
Massimo Morelli (Columbia U.)
Thomas Palfrey (California Institute of Technology)
Turnout and Power Sharing, Theory and Experiments
Jon Eguia (New York U.; eguia@nyu.edu)
Antonio Nicolò (Università di Padova, Italy)
Information and Elections
Torun Dewan (London School of Economics, UK; t.dewan@lse.ac.uk) TBA
Richard Van Weelden (European University Institute, Italy; Richard.VanWeelden@eui.eu) Moderate Voters, Polarized Parties

Political Economy II (Organizers: Massimo Morelli and Francesco Squintani)

Presenter(s) Topic
Odilon Camara (U. of Southern California; ocamara@marshall.usc.edu) Taxes, Public Goods and Policies of (In)Competent Politicians
Massimo Morelli (Columbia U. and European University Institute, Italy; Massimo.Morelli@eui.eu) Natural Resource Distribution and Multiple Forms of Civil War
Francesco Squintani (U. of Essex, UK; squint@essex.ac.uk) Mediation and Strategic Militarization
Michalis Drouvelis (U. of Birmingham, UK)
Alejandro Saporiti (U. of Manchester, UK; Alejandro.Saporiti@manchester.ac.uk)
Nicolaas Vriend (Queen Mary, U. of London, UK)
Power, Ideology, and Electoral Competition: Equilibrium Analysis and Experimental Results

Political Economy III (Organizers: Massimo Morelli and Francesco Squintani)

Presenter(s) Topic
Vincent Anesi (U. of Nottingham, UK; Vincent.Anesi@nottingham.ac.uk) Secessionism and Minority Protection in a World of Uncertainty
Katrin Tinn (Imperial College, London, UK; k.tinn@imperial.ac.uk) Elections with Expert Politicians
Ben Lockwood (Warwick U., UK; B.Lockwood@warwick.ac.uk) TBA
Jaime Luque (Universidad Carlos III de Madrid, Spain)
Massimo Morelli (Università Bocconi, Italy)
Jose Tavares (Universidade Nova de Lisboa, Portugal; jtavares@fe.unl.pt)
Fiscal Union and Institutional Design: The case of Asymmetric Countries and a Public Good

Political Economy IV (Organizers: Massimo Morelli and Francesco Squintani)

Presenter(s) Topic
Leandro De Magalhaes (U. of Bristol, UK)
Francesco Giovannoni (U. of Bristol, UK; Francesco.Giovannoni@bristol.ac.uk)
Wars and the Transition away from Absolutism
Andrei Gomberg (ITAM, Mexico; gomberg@itam.mx) Vote Revelation: Empirical Content of Scoring Rules
Rossella Argenziano (U. of Essex, UK; rargenz@essex.ac.uk)
S. Severinov (U. of British Columbia, Canada)
F. Squintani (Warwick U., UK)
Strategic Information Acquisition and Transmission

Private Information in Markets (Organizer: Marzena J. Rostek, Chair: Ricardo Serrano Pardial)

Presenter(s) Topic
Ricardo Serrano Pardial (University of Wisconsin-Madison; rserrano@ssc.wisc.edu) Competitive Poaching In Unsecured Lending
Romans Pancs (Rochester; rpancs@gmail.com) Workup: How Privately Informed Traders (Should) Negotiate over Quantity
Antonio Penta (Wisconsin-Madison; apenta@ssc.wisc.edu)
Kyungmin Kim (Iowa)
A Robustly Efficient Auction and Informational Size

Quantitative Financial Economics (Organizer: Anne Villamil)

Presenter(s) Topic
Felicia Ionescu (Colgate U.; fionescu@colgate.edu) The Interplay Between Different Types of Unsecured Credit and Amplification of Consumer Default
Laura Coroneo (U. of Manchester, UK)
Valentina Corradi (U. of Warwick, UK)
Paulo Santos Monteiro (University of Warwick, UK; p.santos-monteiro@warwick.ac.uk)
Testing for the Degree of Commitment via Set-Identification
Irina Telyukova (UCSD)
Makoto Nakajima (FRB of Philadelphia; makoto.nakajima@gmail.com)
Optimal Design of Reverse Mortgage Loans
Antonio Antunes (Bank of Portugal, Portugal)
Tiago Cavalcanti (University of Cambridge, UK)
Anne Villamil (U. of Illinois and U. of Manchester and UK; avillami@illinois.edu)
Intermediation Costs and Welfare under Consumer Bankruptcy

Recursive Methods in Dynamic Economies I (Organizer: Kevin Reffett)

Presenter(s) Topic
Alessandro Citanna (Yeshiva U.; citanna@yu.edu)
Paulo Siconolfi (Columbia Business School)
Recursive Equilibria in Stochastic OLG Economies: Incomplete Markets
Matthias Messner (Bocconi U., Italy and IGIER)
Nicola Pavoni (Bocconi U., Italy, IGIER, IFS, and CEPR; n.pavoni@ucl.ac.uk)
Christopher Sleet (Carnegie Mellon U.)
Sevin Yeltekin (Carnegie Mellon University)
On the Dual Approach to Recursive Optimization
Lukasz Balbus (Wroc Law University of Technology, Poland)
Lukasz Wozny (Warsaw School of Economics, Poland; lukasz.wozny@sgh.waw.pl)
Toward Decentralizing Markov Equilibria in Stochastic Games
Manjira Datta (Arizona State U.)
Leonard J. Mirman (U. of Virginia)
Olivier F. Morand (U. of Connecticut)
Kevin Reffett (Arizona State U.; kevin.reffett@asu.edu)
On Dual methods for Computing Recursive Equilibrium

Recursive Methods in Dynamic Economies II (Organizer: Kevin Reffett)

Presenter(s) Topic
Matthias Messner (Bocconi U., Italy and IGIER)
Nicola Pavoni (Bocconi U., Italy, IGIER, IFS, and CEPR; n.pavoni@ucl.ac.uk)
Christopher Sleet (Carnegie Mellon U.)
Sevin Yeltekin (Carnegie Mellon U.)
Recursive Methods for Incentive Problems
Sachin Adlakha (California Institute of Technology)
Ramesh Johari (Stanford U.; Ramesh.johari@stanford.edu )
Gabriel Weintraub (Columbia Business School)
Equilibria of Dynamic Games with Many Players: Existence, Approximation, and Market Structure
Subir Chakrabarti (Indiana U.-Purdue U.-Indianapolis; imxl100@iupui.edu) Equilibrium in Pure Strategies in Stochastic Games with
Concave Payoffs
Lukasz Balbus (Wroclaw U. of Technology, Poland; lukasz.balbus@pwr.wroc.pl)
Kevin Reffett (Arizona State U.)
Lukasz Woźny (Warsaw School of Economics, Poland)
A Continuous Theory of Computation for Large Stochastic Supermodular Games

Repo Markets (Organizer: Mário Páscoa)

Presenter(s) Topic
Melissa Porras Prado (Nova School of Business and
Economics and RSM Erasmus University, Portugal and The Netherlands; mporras@rsm.nl)
The Price of Prospective Lending: Evidence from Short-Sales Constraints
Jean-Marc Bottazzi (Capula and Paris School of Economics, France)
Jaime Luque (U. Carlos III de Madrid, Spain)
Mario R. Pascoa (Nova School of Business and Economics, Portugal; pascoa@novasbe.pt)
Trading and Rational Security Pricing Bubbles
Jean-Marc Bottazzi (Capula and Paris School of Economics, France)
Jaime Luque (U. Carlos III de Madrid, Spain; japluque@eco.uc3m.es)
Mario R. Pascoa (Nova School of Business and Economics, Paris)
On the 2008 Dollar Squeeze

Risk Aversion and Games of Incomplete Information (Organizer: John Quah)

Presenter(s) Topic
Alan Beggs (U. of Oxford; alan.beggs@economics.ox.ac.uk) Regularity and Stability in Monotone Bayesian Games
Rongzhu Ke (Chinese U. of Hong Kong, China; b121340@mailserv.cuhk.edu.hk) A Fixed Point Method for Validating the First Order Approach in Principal-Agent Problems
Charles Roddie (U. of Oxford, UK; charles.roddie@economics.ox.ac.uk) Signaling, Repeated Signaling, and Reputation: A Supermodular Approach
Fei Hou (ETH Zurich, Switzerland)
Leonard Mirman (U. of Virginia; lm8h@cms.mail.virginia.edu)
Risk Aversion and Classical Demand Theory

Risk Sharing and Banking Networks (Organizer: Gabrielle Demange)

Presenter(s) Topic
Larry Blume (Cornell University, NY, Institute for Advanced Studies, Vienna, and Santa Fé Institute; lb19@cornell.edu)
David Easley (Cornell U.)
Jon Kleinberg (Cornell U.)
Robert Kleinberg (Cornell U.)
Eva Tardos (Cornell U.)
Network Formation in the Presence of Contagious Risk
Jean-Edouard Colliard (Paris School of Economics, France; colliard@pse.ens.fr) Rational Blinders: Relying on Over-Optimistic Models in a Market Equilibrium
Mariya Teteryatnikova (U. of Vienna, Austria; mariya.teteryatnikova@univie.ac.at) Resilience of the Interbank Network to Shocks and Optimal Bail-Out Strategy: Advantages of “Tiered” Banking Systems
Gabrielle Demange (Paris School of Economics, France; demange@pse.ens.fr) Contagion in Financial Networks: A Threat Index

Search, Moral Hazard and Labor Market Dynamics (Organizer: Shouyong Shi)

Presenter(s) Topic
Kunio Tsuyuhara (U. Calgary, Canada; kunio.tsuyuhara@gmail.com ) Repeated
Moral Hazard with Worker Mobility via Directed On-the-Job Search
Melanie Cao (York U., Canada; mcao@schulich.yorku.ca )
Rong Wang (Singapore Management U., Singapore)
Search for Optimal CEO Compensation: Theory and Empirical Evidence
Andres Erosa (Madrid Institute for Advanced Studies, Spain)
Luisa Fuster (Madrid Institute for Advanced Studies, Spain)
Gueorgui Kambourov (U.
Toronto, Canada, g.kambourov@utoronto.ca)
A Theory of Labor Supply Late in
the Life Cycle: Social Security and Disability Insurance
Florian Hoffmann (U. British Columbia, Canada)
Shouyong Shi (U. Toronto, Canada; shouyong@chass.utoronto.ca)
Sectoral Shift, Job Mobility and Wage Inequality

Social Choice (Organizer: Hervé Moulin)

Presenter(s) Topic
Hervé Moulin (Rice U.; moulin@rice.edu)
Jay Sethuraman (Columbia U.)
Fair Division of a Bipartite Flow
Casilda Lasso de la Vega (U. of the Basque Country, Spain)
Ana Urrutia
(U. of the Basque Country, Spain)
Oscar Volij
(Ben-Gurion University, Israel; oscar@volij.co.il)
An Axiomatic Characterization of the Theil Inequality Ordering
Michele Lombardi (Maastricht U., Netherlands; m.lombardi@maastrichtuniversity.nl)
Naoki Yoshihar (Hitotsubashi University, Japan)
Partially-Honest Nash Implementation Characterization Results
Aristotelis Boukouras (Göttingen U., Germany; aristotelis.boukouras@zentr.uni-goettingen.de)
Kostas Koufopoulos (U. of Warwick, UK)
Information Aggregation and Adverse Selection

Social Norms (Organizer: Myrna Wooders)

Presenter(s) Topic
Ted Bergstrom (U. of California – Santa Barbara, tedb@econ.ucsb.edu) A Tale of Competing Altruists
Federica Alberti (Max Planck Institute of Economics, Jena, Germany)
Edward Cartwright (U. of Kent, UK; E.J.Cartwright@kent.ac.uk)
Anna Stepanova (U. of Kent, UK)
Learning Direction Theory and Threshold Public Goods
Aditya Goenka (National U. of Singapore, Singapore; goenka@nus.edu.sg)
Odile Paulson (U. of East Anglia, United Kingdom)
Social Capital and Growth
Myrna Wooders (Vanderbilt U.; myrna.wooders@vanderbilt.edu) Endogenous Preferences in Networked Club Economies

Social Dilemma: Theory and Experiment (Organizer: Tatsuyoshi Saijo)

Presenter(s) Topic
Tatsuyoshi Saijo (Osaka U., Japan; tatsuyoshisaijo@gmail.com)
Yoshitaka Okano (Osaka U., Japan)
Takafumi Yamakawa (Osaka U., Japan)
The Approval Mechanism Experiment: A Solution to Prisoner’s Dilemma
Masanori Takaoka (Osaka U., Japan;
kge007tm@mail2.econ.osaka-u.ac.jp)
Yoshitaka Okano (Osaka U., Japan)
Takehito Masuda (Osaka U., Japan)
Tatsuyoshi Saijo (Osaka U., Japan)
Approval vs. Costly Punishment: Emergence of Cooperation in Prisoner’s Dilemma Experiments
Takehito Masuda (Osaka U., Japan; takehitomasuda@gmail.com)
Yoshitaka Okano (Osaka U., Japan)
Tatsuyoshi Saijo (Osaka U.,
Japan)
The Minimum Approval Mechanism Implements the Pareto Efficient Allocation of Public Goods: Theory and Experiment
Takafumi Yamakawa (Osaka U., Japan)
Yoshitaka Okano (Osaka U., Japan; y-okano@iser.osaka-u.ac.jp)
Tatsuyoshi Saijo (Osaka U., Japan)
Non-kindness in Public Goods Experiments

Strategic Economic Behavior (Organizers: Marta Faias and Carlos Hervés-Beloso)

Presenter(s) Topic
Antonio Osorio (Universitat Rovira i Virgili, Spain; superacosta@hotmail.com) The Colonel Blotto Game with Asymmetric Valuations
Galina Zudenkova (Universitat Rovira i Virgili, Spain; galina.zudenkova@gmail.com) Meritocracy versus Cronyism in Business, Public Sector and Politics
Giovanna Bimonte (U. of Salerno, Italy; gbimonte@unisa.it)
Luigi Balleta (U. of Palermo, Italy)
Extendability and Stability of the Core in an Economy with Differential Information
Carlos Hervés-Beloso (Universidad de Vigo, RGEA, Spain)
Claudia Meo (Università del Piemonte Orientale “A. Avogadro”, Italy; claudia.meo@eco.unipmn.it)
Emma Moreno-García (Universidad de Salamanca, Spain)
Information Sharing Rules and the Veto Mechanism

Strategic Networks: Structure, Behavior, and Dynamics (Organizer: Frank H. Page Jr.)

Presenter(s) Topic
Telmo Parreira (Universidade de Aveiro, Portugal)
Alberto Pinto (U. of Porto, Portugal; aapinto1@gmail.com)
A Hotelling-Type Network
Tim Hellmann (Bielefeld U., Germany; thellmann@wiwi.uni-bielefeld.de)
Berno Buchel (Saarland University, Germany)
Michael M. Pichler (Bielefeld U. and U. of Valencia, Germany and Spain)
The Evolution of Continuous Preferences in Social Networks
Frank Page (Indiana U.; fpage@indiana.edu) The Co-evolution of Network Structure, Strategic Behavior, and Equilibrium Dynamics

Search with Asymmetric Information (Organizer: Leo Kaas)

Presenter(s) Topic
Jim Albrecht (Georgetown U.; albrecht@georgetown.edu)
Pieter Gautier (Free U. Amsterdam, Netherlands)
Susan Vroman (Georgetown U., vromans@georgetown.edu)
Directed Search in the Housing Market
Alain Delacroix (Université du Québec à Montréal, Canada; delacroix.alain@uquam.ca)
Shouyong Shi (U. of Toronto, Canada)
Pricing and Signaling with Frictions
Ludo Visschers (Universidad Carlos III Madrid, Spain, lvissche@eco.uc3m.es) Employment Uncertainty and Wage Contracts
Carlos Carrillo-Tudela (U. of Essex, UK; cocarr@essex.ac.uk)
Leo Kaas (U. of Konstanz, Germany)
Wage Dispersion and Labor Turnover with Adverse Selection

Stakeholder Theory of Corporation (Organizer: Martine Quinzii)

Presenter(s) Topic
Franklin Allen (U. of Pennsylvania; allenf@wharton.upenn.edu)
Elena Carletti (European U. Institute, Italy)
Robert Marquez (Boston U.)
Stakeholder Capitalism, Corporate Governance and Firm Value
Michael Magill (U. of Southern California)
Martine Quinzii (U. Davis mmquinzii@ucdavis.edu)
Jean Charles Rochet (U. of Zurich, Switzerland)
Reforming Capitalism

Taxation with Market Imperfections: Macroeconomic Effects (Organizer: Teresa Lloyd Braga)

Presenter(s) Topic
Rodolphe Dos Santos Ferreira (Université de Strasbourg, France; rdsf@unistra.fr)
Frédéric Dufourt (Université de Strasbourg, France)
On Taxation in Sunspot Driven Imperfectly Competitive Economies
Catarina Reis (Universidade Católica Portuguesa, Lisbon, Portugal; creis@clsbe.lisboa.ucp.pt)
Vasia Panousiy (Federal Reserve Board)
Optimal Taxation with Idiosyncratic Capital Income Risk
Paulo Brito (ISEG and UECE, Technical U. of Lisbon, Portugal; pbrito@iseg.utl.pt)
Huw Dixon (U. of Cardiff, UK)
Fiscal Policy, Entry and Capital Accumulation: Hump-Shaped Responses
Marta Aloi (U. of Nottingham, UK; Marta.Aloi@nottingham.ac.uk)
Teresa Lloyd Braga (Universidade Católica Portuguesa, Lisbon, Portugal)
Fiscal Redistributive Policy and Unemployment when Capital Markets are Globalized

Technology and Dynamic General Equilibrium: In Memory of Professor Lionel McKenzie (Organizer: Ping Wang)

Presenter(s) Topic
Ming-Jen Chang (National Dong Hwa U., Taiwan)
Ping Wang (Washington U. in St. Louis; pingwang@wustl.edu)
Dangyang Xie (Hong Kong U. of Science and Technology, China)
The Dynamic Process of Economic Takeoff and Industrial Transformation
Helene Latzer (U. Catholique de Louvain, Belgium; latzer@ires.ucl.ac.be) A Schumpeterian Model of Growth and Inequality
Nan Li (Ohio State U.)
Yi-Chan Tsai (U. of Tokyo, Japan; tsai.181@buckeyemail.osu.edu)
Technology Adoption, Distortion and Economic Growth
Burak Uras (Tilburg U., Netherlands; R.B.Uras@uvt.nl) Entrepreneurship and Technology Adoption with Limited Contract Enforcement

Testability (Organizer: Andrés Carvajal)

Presenter(s) Topic
Laurens Cherchye (Tilburg University and University of Leuven, The Netherlands and Belgium; Laurens.Cherchye@kuleuven-kortrijk.be)
Thomas Demuynck (University of Leuven, Belgium)
Bram De Rock (Université Libre de Bruxelles)
Is Utility Transferable? A Revealed Preference Analysis
Matthew Polisson (Oxford University, UK; matthew.polisson@economics.ox.ac.uk) Goods Versus Characteristics: Revealed Preference Procedures for Nested Models
Indrajit Ray (University of Birmingham, UK; i.ray@bham.ac.uk)
Susan Snyder (Minnesota Department of Human Services)
Observable Implications of Nash and Subgame-Perfect Behavior in Extensive Games
Andrés Carvajal (University of Warwick; a.m.carvajal@warwick.ac.uk)
Natalia González (University of Warwick, UK)
On Refutability of the Nash Bargaining Solution

Theoretical Market Microstructure (Organizer: Bart Taub)

Presenter(s) Topic
Alex Boulatov (U. of Houston)
Dmitry Livdan (UC Berkeley; livdan@haas.berkeley.edu)
Albert S. Kyle (U. of Maryland)

Uniqueness of Equilibrium in the Single-Period Kyle “85 Model
Shmuel Baruch (U. of Utah; shmuel.baruch@business.utah.edu)
Kerry Back (Rice U.)
Equilibrium in Limit Order Markets with Strategic Traders
Ioanid Rosu (HEC Paris, France; rosu@hec.fr)

Informed Traders, News and Volatility
Bart Taub (Durham U., UK; bart.taub@durham.ac.uk) Inconspicuousness and Obfuscation: How Large Shareholders Dynamically Manipulate Output and Information for Trading Purposes

Topics in Economic Theory (Organizer: Bernard Cornet)

Presenter(s) Topic
Sunanda Roy (Iowa State U)
Tarun Sabarwal (U of Kansas; sabarwal@ku.edu)
Characterizing Stability Properties in Games with Strategic Substitutes
Alain Chateauneuf (Paris School of Economics, France)
Bernard Cornet (Paris School of Economics and U of Kansas, France and USA; cornet@ku.edu)
The Sublinear Integral Associated with the Core of a TU game and Applications to Finance
Philippe Bich (Paris School of Economics and U. Paris1, France; Philippe.Bich@univ-paris1.fr)
Rida Laraki (Ecole Polytechnique, France)
Relaxed Nash Equilibrium Concepts for Discontinuous Games
Konrad Podczeck (U. of Vienna, Austria; konrad.podczeck@univie.ac.at) On the Core-Walras Equivalence Problem in Banach Spaces>

Topics in Economic Growth and Development (Organizer: Tiago Cavalcanti)

Presenter(s) Topic
Burak Uras (Tilburg University, The Netherlands; R.B.Uras@uvt.nl) Finance and Productivity: The effects of Enforceability Constraints on Factor Misallocation
Alexis Anagnostopoulos (SUNY, Stony Brook; aanagnostopo@notes.cc.sunysb.edu)
Erem Atesagaoglu (SUNY, Stony Brook)
Eva Carceles-Poveda (SUNY, Stony Brook)

Skill-Biased Technological Change and Homeownership
Pedro Ferreira (EPGE, Fundação Getulio Vargas, Brazil)
Samuel Pessoa (EPGE, Fundação Getulio Vargas, Brazil)
Marcelo Santos(EPGE, Fundação Getulio Vargas, Brazil; msantos@fgvmail.br)
Globalization and the Industrial Revolution
Antonio Antunes (Banco de Portugal, Portugal)
Tiago Cavalcanti (University of Cambridge, UK; tvdvc2@cam.ac.uk)
Anne Villamil (U of Illinois at Urbana-Champaign and U of Manchester and UK)
The Effects of Credit Subsidies on Development

Topics In Economic Theory I (Organizers: Marialaura Pesce and Nicholas Yannelis)

Presenter(s) Topic
Heraklis Polemarchakis (U. of Warwick, UK; h.polemarchakis@warwick.ac.uk) Rational Dialogues
Alvaro Sandroni (Northwestern U.; sandroni@kellogg.northwestern.edu)
Larbi Alaoui (U. of Pompeu Fabra, Spain)
Predestination, Protestant Ethics and Keeping up with the Joneses
John Kareken (U.
of Minnesota)
Jack Stecher (Carnegie Mellon U.; jstecher@andrew.cmu.edu)
Lending, Lying, and Costly Auditing
Konrard Podzeck (U. of Vienna, Austria)
Rabee Tourky (U. of Queensland, Australia; rabeetourky@gmail.com)
Nicholas Yannelis (U. of Manchester and U. of Illinois, UK and USA)
A General Equilibrium Approach to the Efficient Market Hypothesis

Topics In Economic Theory II (Organizers: Marialaura Pesce and Nicholas Yannelis)

Presenter(s) Topic
Brishti Guha (Singapore Management U., Singapore; bguha@smu.edu.sg) Gambling on Genes: Ambiguity Aversion and Investments in Sisters” Children
Max Groneck (U. of Cologne, Germany)
Alexander Ludwig (University of Cologne, Germany; ludwig@wiso.uni-koeln.de
Alexander Zimper (U. of the Witwatersrand, Johannesburg, South Africa)
A Life-Cycle Consumption Model with Ambiguous Survival Beliefs
Rodrigo Raad (Getulio Vargas Foundation, Rio de Janeiro, Brazil; rjraad@gmail.com) Exogenous Expectations on Endogenous Uncertainty: Recursive Equilibrium and Survival
Lukasz Balbus (Wroc Law University of Technology, Poland)
Kevin Refett (Arizona State U.)
Lukasz Wozny (Warsaw School of Economics, Poland; lukasz.wozny@sgh.waw.pl)
Computing Time-Consistent Markov Policies for Quasi-Hyperbolic Consumers under Uncertainty

Topics in Energy and the Environment (Organizer: Ted Temzelides)

Presenter(s) Topic
Cyril Monnet (FRB-Philadelphia)
Ted Temzelides (Rice University; tedt@rice.edu)
Emissions Trading Monetary Mechanisms
Luis Puch (UCM, Spain; lpuch@ccee.ucm.es) Vintage Capital and the Declining Energy Intensity in the US
Christian Traeger (UC-Berkeley; traeger@berkeley.edu) Ambiguity, Confidence, and Discounting

Topics in Financial Stability (Organizer: Dimitrios Tsomocos)

Presenter(s) Topic
Juan Francisco Martinez (University of Oxford, UK; juanfrancisco.martinez@sbs.ox.ac.uk) Liquidity Effects on Asset Prices, Financial Stability and Economic Resilience
David M. Frankel (Iowa State University; dfrankel@iastate.edu) Rent Seeking and Economic Fragility
Kwangwon Ahn (University of Oxford, UK)
D.P.Tsomocos (University of Oxford, UK; Dimitrios.Tsomocos@sbs.ox.ac.uk)
The Role of Fiscal Policy in Financial Stability: ADSGE Approach

Topics in Game Theory (Organizer: Xiao Luo)

Presenter(s) Topic
Philippe Aghion (Harvard U.)
Drew Fudenberg (Harvard U.)
Richard Holden (U. of Chicago)
Takashi Kunimoto (McGill U. and Hitotsubashi U., Canada and Japan; takashikunimoto9@gmail.com)
Olivier Tercieux (Paris School of Economics, France)
Subgame-Perfect Implementation under Value Perturbations
Xiao Luo (U. of Singapore, Singapore; ecslx@nus.edu.sg)
Chih-Chun Yang (U. of Rochester and Academia Sinica and Taiwan; cyang16@mail.rochester.edu)
Epistemic Conditions for Bayesian Coalitional Rationalizability
Oyama Daisuke (U. of Tokyo, Japan; oyama@e.u-tokyo.ac.jp) On Robustness to Incomplete Information
Yi-Chun Chen (U. of Singapore, Singapore; ecsycc@nus.edu.sg)
Siyang Xiong (Rice U.)
Genericity and Robustness of Full Surplus Extraction: A Non-BDP Approach

Topics in Regulation and Competition (Organizer: Flavio Menezes)

Presenter(s) Topic
Arghya Ghosh (U. of New South Wales, Australia; a.ghosh@unsw.edu.au)
Kieron Meagher (Australian National U., Australia)
Competition and politics of infrastructure investment
Simon Cowan (U. of Oxford, UK; simon.cowan@economics.ox.ac.uk) Third-Degree Price Discrimination and Consumer Surplus
Tina Kao (Australian National U., Australia; tina.kao@anu.edu.au)
Flavio M. Menezes (U. of Queensland, Australia)
John Quiggin (U. of Queensland, Australia)
Access Regulation, Entry and Efficiency
Flavio Menezes (U. of Queensland, Australia; f.menezes@uq.edu.au)
John Quiggin (U. of Queensland, Australia)
Intensity of Competition

Topics in Microeconomics (Organizer: Emma Moreno)

Presenter(s) Topic
Rosa Branca Esteves (Universidade do Minho, Portugal)
Joana Resende (Universidade do Porto, Portugal; jresende@fep.up.pt)
Competitive Target Advertising with Price Discrimination
Ana Borges (NIDISAG, Portugal; anaborges@isag.pt)
Didier Laussel (GREQAM, Université de la Mediterranée, France)
Joao Correia-da-Silva (Universidade do Porto, Portugal)
Regulating a Monopolist with Unknown Preference for Output and Unknown Cost
Joaquin Miñambres (Universidad Carlos III de Madrid, Spain; jgminamb@eco.uc3m.es) Make it Challenging: Motivation through Goal Setting
Fidel Castro (Universidad de Vigo, Spain; fcastro@uvigo.es)
Eduardo L. Giménez (Universidad de Vigo, Spain)
Trip-to-Work Congestion in a Network with Two Imperfectly Substitutes Modes

Topics Related to Financial Crises (Organizer: Edward S. Prescott)

Presenter(s) Topic
Douglas Davis (Virginia Common Wealth U.)
Oleg Korenok (Virginia Common Wealth U.)
Edward Simpson Prescott (Federal Reserve Bank, Richmond; Edward.Prescott@rich.frb.org)
Market Based Corrective Actions: An Experimental Investigation
Marie Hoerova (European Central Bank, Germany; marie.hoerova@ecb.int)
Cyril Monnet (Federal Reserve Bank, Philadelphia)
Central Bank Lending and Money Market Discipline
Jonathan Chiu (Bank of Canada, Canada)
Thorsten V. Koeppl (Queen’s University, Canada; thor@econ.queensu.ca)
Market Freeze and Recovery: Trading Dynamics under Optimal Intervention by a Market-Maker-of-Last-Resort
Frederic Malherbe (London Business School, UK; fmalherbe@london.edu) Self-Fulfilling Liquidity Dry-ups

Trade and Dynamic Exchange (Organizer: John Conley)

Presenter(s) Topic
John P. Conley (Vanderbilt U.; j.p.Conley@Vanderbilt.edu)
Robert Driskill (Vanderbilt U.)
Hideo Konishi (Boston College)
A Dixit-Stiglitz General Equilibrium Model with Oligopolistic Markets: Enough is Enough
Robert Driskill (Vanderbilt U.; robert.driskill@vanderbilt.edu) Big Mac Exchange Rates: A General-Equilibrium Dynamic Model
Mostafa Beshkar (U. of New Hampshire)
Eric W. Bond (Vanderbilt U.; eric.bond@vanderbilt.edu)
Flexibility in Trade Agreements
Sebastian Galiani (Washington U. in St. Louis)
Norman Schofield (Washington U. in St. Louis)
Gustavo Torrens (Washington U. in St. Louis; gft03@cema.edu.ar)
Factor Endowments, Democracy and Trade Policy Divergence

Voting and Bargaining (Organizer: Antonio Merlo)

Presenter(s) Topic
Hulya Eraslan (Johns Hopkins University; eraslan@jhu.edu)
Antonio Merlo (University of Pennsylvania)
Some Unpleasant Bargaining Arithmetics?
Makoto Hanazono (Nagoya University, Japan; hanazono@soec.nagoya-u.ac.jp)
Yasutora Watanabe (Northwestern University)
Information Aggregation in Bargaining
Antonio Merlo (University of Pennsylvania)
Aureo de Paula (University of Pennsylvania; aureo@sas.upenn.edu)
Identification and Estimation of Preference Distributions When Voters are Ideological
John Bone (University of York, UK)
Michalis Drouvelis (U. of Birmingham, UK; m.drouvelis@bham.ac.uk)
Indrajit Ray (U. of Birmingham, UK)
Avoiding Coordination-Failure using Correlation Devices: Experimental Evidences