Yale Department of Economics

Micro Theory Lunch, 2004–2011

2011
February 1 Sebastian Kranz, University of Bonn and Cowles Visitor, "Optimal Equilibria in Dynamic Stochastic Games
February 8 Evangelia Chalioti, Athens University of Economics and Yale University, "Incentive Contracts Under Product Market Competition and R&D Spillovers"
February 15 Philipp Strack, University of Bonn and Yale University, "Gambling in Contests" (with C. Seel)
February 22 Brian Baisa, Yale University, "The Social Value of Public Information with Endogenous Information Acquisition"
March 1 Steven Zucker, Yale Computer Science, "Brains and Games" Background paper: "Efficient Simplex-Like Methods for Equilibria of Nonsymmetric Analog Networks"
March 22 Arthur Campbell, Yale University, "Information Acquisition and Revelation in Teams"
March 29 Anne Guan, Yale University, "Employment Hierarchies: Does the Cream Rise to the Top?"
April 5 Olivier Gossner, PSE, LSE, and Cowles Visitor, "Entropy and the Value of Information for Investors" (with A. Cabrales and R. Serrano)
April 12 Juuso Välimäki, Helsinki School of Economics and Cowles Visitor, "Learning in Contests"
April 19 Eduardo Faingold, Yale University, "Bargaining and Learning: The Role of Commitment" (with Q. Liu and X. Shi)
April 26 Priscilla T.Y. Man, University of Queensland, "Endogenous Reputation in Repeated Games"
May 3 Matthew Rabin, University of California-Berkeley and Cowles Visitor, "A Model of Non-Belief in the Law of Large Numbers" (with D.J. Benjamin and C. Raymond)
May 10 Mehmet Ekmekci, Northwestern University and Cowles Visitor, "Failures of Information Aggregation in Auctions with Actions"
September 6 Daeyeol Lee, Yale University, "Neural Basis of Reinforcement Learning During Iterative Games"
September 13 Gerald D. Jaynes, Yale University, "Equilibrium and Strategic Communication in the Adverse Selection Insurance Model"
September 20 Vitali Gretschko, University of Cologne and Cowles visitor, "Information Acquisition during a Descending Auction"
September 27

Takuo Sugaya, Princeton University and Cowles visitor, "Folk Theorem in Repeated Games wtih Private Monitoring"

October 4 Nick Barberis, Yale University, "Realization Utility" (with W. Xiong)
October 11 Juuso Toikka, MIT, "Information and Timing in Repeated Bargaining"
October 18 Shane Frederick, Yale University, "A Reference Price Theory of the Endowment Effect"
October 25 Ifat Levy, Yale University, "Decisions and Values in the Human Brain"
November 1 Renato Gomes, Toulouse School of Economics, "Price Discrimination in Many-to-Many Matching Markets" (with A. Pavan)
November 8 Keith Chen, Yale University, "The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets"
November 15 Kareen Rozen, Yale University, "Optimism and Pessimism with Expected Utility"
November 29 Eduardo Faingold, Yale University, "Belief-based Equilibria in Continuous-time Games with Private Monitoring" (with J. Hörner and Y. Sannikov)
December 6 Brian Baisa, Yale University, "Probability Weighting and Auction Design"
2010
February 16 Alexis Akira Toda, Yale University, "Integration of the Walrasian Paradigm into the Statistical Paradigm"
February 23 Alexander Stremitzer, Yale Law School and University of Bonn, "Insolvency and Biased Standards — The Case for Proportional Liability" (with A. Tabbach)
March 2 Mark Klee, Yale University, "Aggregate Welfare Under Professional Licensing and Certification with Coarse Signals"
March 23 Thomas Wiseman, University of Texas at Austin and Cowles visitor, "Observational Learning and Demand for Search Goods"
March 30 Michael Schapira, Yale University and University of California, Berkeley, "When is it  Best to Best-Reply," based on the papers, "Best-Response Mechanisms" and "Interdomain Routing and Games"
April 6 Oliver Bunn, Yale University, "Cognitive Dissonance in Networks"
April 13 Anne Guan, "Pay-per-Bid Auctions" and
James Choy, Yale University, TBA
April 20 CANCELLED: Philipp Kircher, University of Pennsylvania and Cowles visitor, "Efficient Firm Dynamics in a Frictional Labor Market" (with Leo Kaas)
April 27 Lucas Maestri, Yale University, "Dynamic Monopoly and Renegotiation"
May 4 Ji Shen, Yale University, "Learning, Experimentation and Optimal Capital Structure" and Yijia Eric Lu, Yale University, "Specific Performance and the Hold-up Problem with Rubinstein Bargaining"
May 11 Andy Skrzypacz, Stanford University and Cowles visitor, "Optimal Dynamic Auctions for Durable Goods: Posted Prices and Fire-sales" (with Simon Board)
August 31 Kareen Rozen, Yale University, "Disappointment Cycles"
September 7 Sander Heinsalu, Yale University, "Equivalence of the Information Structure with Unawareness to the Logic of Awareness"
September 14 Brian Baisa, Yale University, "Sequential Duopoly with Incomplete Information"
September 21 Eduardo Faingold, Yale University, "The Strategic Impact of Higher-Order Beliefs"
September 28 Alexis Akira Toda, Yale University, "A General Equilibrium in Economies with Friction and its Relation to Walrasian Equilibria"
October 5 Donald Brown, Yale University, "The Walrasian Paradigm"
October 12 Massimo Morelli, Columbia University, "Internal Hierarchy and Stable Coalition Structures" (with In-Uck Park)
October 19 Lucas Maestri, Yale University, "Dynamic Contracting Under Adverse Selection and Renegotiation"
October 26 Joel Watson, University of California, San Diego and Cowles Visitor, "Some Thoughts on Contractual Chains"
November 2 Shyam Sunder, Yale University, "Risky Curves: From Unobservable Utility to Observable Opportunity Sets" (with Daniel Friedman)
November 9 Johannes Hörner, Yale University, "Recursive Methods in Discounted Stochastic Games"
November 16 Bruno Strulovici, Northwestern University and Cowles Visitor, "Renegotiation-Proof Contracts with Moral Hazard and Persistent Private Information" Extended Abstract
November 30 Cihan Artunc, Yale University, "Consolidation and Reversals in Young Democracies"
December 7 Larry Samuelson, Yale University, "Common Learning"
December 14 Noam Tanner, Yale University, "Grades and Risk Taking"
2009
March 3 Richard Van Weelden, Yale University, "Partisanship and the Effectiveness of Oversight" (with Justin Fox)
March 9-20 Spring Break
March 24 Stephanie Lau, Washington University in St. Louis, "Information Revelation and Acquisition in Bargaining"
March 31 Rahul Deb, Yale University, "Optimal Contracts In A Durable Goods Monopoly With Stochastic Values"
April 7 Kareen Rozen, Yale University, "Need I Remind You?" (with David Miller)
April 14 Humberto Llavador, Universitat Pompeu Fabra, "An Agenda-Setting Model of Electoral Competition" (with Josep M. Colomer)
April 21 Nick Barberis, Yale University, "A Model of Casino Gambling"
April 28 Andrea Wilson, New York University, "Dynamic Strategic Information Transmission"
May 5 Luigi Balletta, Yale University, "Full Surplus Extraction in Dynamic Mechanisms Without Commitment"
8 September Oliver Bunn (Yale) "Being of Two Minds: Dynamic Ambiguity-Related Behavior"
15 September Yehuda (Yud) Izhakian (Tel Aviv University) "Decision Making in Phantom Spaces"
22 September Dina Mayzlin (Yale: SOM) "Uninformative Advertising as an Invitation to Search"
29 September Lucas Maestri (Yale) "Dynamic Monopoly and Renegotiation"
6 October Asi Cohen "Bandit Problems with Levy Payoff Process"
13 October Richard Van Weelden (Yale) "Candidates, Credibility, and Re-election Incentives"
20 October Luigi Balletta (Yale) "Full Surplus Extraction in Dynamic Mechanisms"
27 October Nicolas Klein (Yale) "Free-Riding & Delegation in Research Teams — A Three-Armed Bandit Model"
3 November Johannes Horner (Yale) "Selling Information"
10 November Tri Vi Dang (University of Mannheim/Cowles Visitor) "Opacity and the Optimality of Debt for Liquidity Provision"
17 November Rahul Deb (Yale) "Intertemporal Price Discrimination with Stochastic Values"
1 December James Choy (Yale) "Community Enforcement Intermediaries" & Ji Shen (Yale) "Price Setting in a Decentralized Search Lemon Market"
8 December Kareen Rozen (Yale) "Preferences for Information"
15 December Anne Guan (Yale) "Matching Couples" and Eric Lu (Yale) "Bargaining in Contractual Renegotiation"
Spring 2008
February 26 Qingmin Liu, Stanford University, based on "Formulation of Incomplete Information and Redundant Type Structure"
March 4 Maher Said, Yale University, "Information Revelation and Random Entry in Sequential Ascending Auctions"
March 25 Alessandro Bonatti, Yale University, "Continuous-Time Screening Contracts"
April 1 Rahul Deb, Yale University, "Two Nonparametric Models of Household Consumption"
April 8 Luigi Balletta, Yale University, "Optimal Taxation of Family Income: The 2 x 2 Case"
April 15 Lucas Maestri, Yale University, "Bonus Payments versus Efficiency Wages in the Repeated Principal-Agent Model with Subjective Evaluations"
April 22 Richard van Weelden, Yale University, "Candidates, Campaigns and Credible Promises"
May 6 Kareen Rozen, Yale University, "Revealed Conflicting Preferences"
September 9 Fuhito Kojima, Yale University, "Asymptotic Equivalence of Probabilistic Serial & Random Priority Mechanisms" (with Yeon-Koo Che)
September 16 Hema Yoganarasimhan, Yale University, "Cloak or Flaunt? The Firm's Fashion Dilemma"
September 30 Lucas Maestri, Yale University, "A Principal-Agent Model of Sequential Testing" (with Dino Gerardi)
October 7 Gil Kalai, Hebrew University & Yale University, "Social Indeterminacy" and "Noise Sensitivity and Chaos in Social Choice Theory"
October 14 Johannes Hörner, Yale University, "Belief-free Equilibria in Games of Incomplete Information" (with Stefano Lovo & Tristan Tomala)
October 21 Eduardo Faingold, Yale University, "Common Belief, Rationalizability and Proximity of Types"
October 28 Julian Jamison, Yale University, "Persona Games" (with David Wolpert)
November 4 Bruno Biais, University of Toulouse, "Equilibrium Discovery & Preopening Mechanisms in an Experimental Market"
November 11 Richard Van Weelden, Yale University,"Candidates and Commitment in Repeated Elections"
November 18 Luigi Balletta, Yale University, "Full Extraction of Surplus in Dynamic Auctions"
December 2 Kareen Rozen, Yale University, "Need I Remind You?" (with David Miller)
December 9 Maher Said, Yale University, "Auctions with Dynamic Populations: Efficiency & Revenue Maximization"
December 11 Alessandro Bonatti, Yale University, "Menu Pricing and Learning"
2007
February 20 William Bunting, Yale University, "A False Moral Hazard Model of External Regulation"
February 27 Jernej Copic, UCLA, Cowles Visitor, "Awareness Equilibrium" (with Andrea Galeotti)
March 6 Achim Wambach, University of Cologne, "The Descending Auction Is Not Strategically Equivalent to a First-price-sealed-bid Auction"
March 27 Eduardo Faingold, Yale University, "Reputation Effects and Equilibrium Degeneracy" (with Y. Sannikov)
April 3 Rahul Deb, Yale University, "Computational Inefficiency of Nonparametric Tests for Consistency of Data with Household Consupmption"
April 10 Stephanie Lau, Washington University, Cowles Visitor, "Information Revelation in Bilateral Bargaining"
April 17 Nicholas Barberis, Yale University, SOM, "What Drives the Disposition Effect? An Analysis of a Long-standing Preference-Based Explanation" (with Wei Xiong, Princeton)
April 24 Alessandro Bonatti, Yale University, "Bargaining over a New Welfare State: A Model of the Distribution of New Deal Funds" (with K. Thomsson)
May 1 Keith Gamble, UC Berkeley Economics, "Two Choice Experiments"
May 8 Giuseppe Moscarini, Yale University, "Optimal Dynamic Contest"
May 15 Richard Van Weelden, Yale University,
May 22 Maher Said, Yale University, "A Model of Sequential Auctions with Entry"
September 11 Kareen Rozen, Yale University, "A 'Dual'-Improved Shortcut to the Long Run"
Septemer 25 Pingyang Gao, Yale University, "Information Quality, Keynesian Beauty Contest, and Market Efficiency"
October 2 Srihari Govindan, University of Iowa, "Computation of Nash Equilibria: Background Material"
October 9 David Parkes, Harvard University, "Efficient Dynamic Incentive Mechanisms"  Related papers: "Efficient Online Mechanisms for Persistent, Periodically Inaccessible Self-Interest Agents" and "An Ironing-Based Approach to Adaptive Online Mechanism Design in Single-Valued Domains"
October 16 Lucas Maestri, Yale University, "Bonus Payments in the Principal-Agent Model with Subjective Evaluations"
October 23 Martin Hellwig, Max Planck Institute, "Public-Goods Provision in a Large Economy" (joint with Micro-Theory Seminar)
November 6 Luigi Balletta, Yale University, "Optimal Taxation of Family Income: An Application of Multidimensional Screening"
November 13 Eduardo Faingold, Yale University, "Uniform Topology on Types and Strategic Convergence" (with Alfredo Di Tillio)
November 27 Alessandro Bonatti, Yale University, "Continuous — Time Screening Contracts"
December 4 Richard Van Weelden, Yale University, "Partisanship, Cascades, and the Value of Oversight"
December 11 Edmund Yeh, Yale University, "Pricing, Competition, and Routing for Selfish and Strategic Nodes in Multi-hop Relay Networks" (with Yufang Xi)
2006  
February 14 Xianwen Shi, Yale University, "Contests for Status" (with Benny Moldovanu and Aner Sela)
February 21 Sven De Vries, Zentrum Mathematik, TU Muenchen, "On Ascending Vickrey Auctions for Heterogeneous Objects" (with James Schummer and Rakesh V. Vohra, both at Northwestern University)
February 28 Yianis Sarafidis, Yale University, "Games with Time Inconsistent Players"
March 21 John Geanakoplos, Yale University, "Collateral and Crashes"
March 28 Daniel Monte, Yale University, "Long Run Reputation and Bounded Memory"
April 4 Alessandro Bonatti, Yale University, "Brand-Specific Taste for Quality"
April 11 Drew Fudenberg, Harvard University, "A Dual Self Model of Impulse Control" (with David K. Levine)
April 18 Leonardo Felli, London School of Economics (visiting the Cowles Foundation), "Should Courts Always Enforce What Contracting Parties Write?" (with Luca Anderlini and Andrew Postlewaite)
April 25 Maher Said, Yale University, "Learning in Hidden Markov Models with Bounded Memory"
May 9 Joel Watson, University of California, San Diego, "Open Option Contracts — Work in Progress"
September 12 Wojciech Olszewski, Northwestern University and Visitor, Yale, "Repeated Games with Private Monitoring"
September 19 Itzhak Gilboa, Tel-Aviv University and Visitor, Yale, "Similarity and Heuristics in Consumer Expenditures" (with Andrew Postlewaite and David Schmeidler)
September 26 Daniel Monte, "Reputation and Bounded Memory"
October 3 Xianwen Shi, Yale University, "Optimal Auctions with Information Acquisition"
October 10 George Mailath, Yale University, "Common Learning"
October 17 Rossella Argenziano, University of Essex, "N-Players Preemption Games"
October 24 Sven de Vries, Tech U of Munich and Visitor, Yale University, "An Ascending Vickrey Auctions for Selling Spanning Trees of a Graph (and Bases of a Matroid)"
October 31 Colin Stewart, Yale University "Learning by Similarity in Coordination Problems"
November 7 Alessandro Bonatti, Yale University "Insurance Contracts with Two-Sided Privated Information"
November 14 Richard Van Weelden, TBA
November 28 Rahul Deb, Yale University "Characterization of Mechanisms in the Random Assignment Problem"
December 5 Rodney Chan, Yale University "Conformity and Learning"
2005  
January 18 Hanming Fang, Yale University, "Toward an Economic Theory of Disfunctional Identity"
February 8 Xianwen Shi, Yale University, "Split Award Auctions with Entry"
February 15 Andres Carvajal, Yale University, "Identification of Fundamentals from Market Data: May Lack of Information be the Invisible Hand?" Click here for another background paper
February 22 Marzena Rostek, Yale University, "Fatalistic Reasoning in Games"
March 1 Juan Moreno-Ternero, Yale University, "Impartiality, Solidarity, and Priority in the theory of Justice"
March 29 Colin Stewart, Yale University
April 5 Alex Lee, Yale University, "The Harm in Social Stigma: Signal Fading and Costly Signals
April 12 Daniel Monte
April 19 Melody Lo
September 13 Organizational Meeting: Dirk Bergemann, Yale University, "Information in Mechanism Design: A Survey"
September 20 Amil Dasgupta, London School of Economics, "Reputation and Asset Prices"
September 27 Dmitry Shapiro, Yale University, "Asset Price with Heterogenous Beliefs and Equity Premium Decline"
October 4 Hao Li, University of Toronto, "Assortative Matching"
October 11 Tzachi Gilboa, Tel Aviv University, "Making Statements and Approval Voting"
October 18 Marzena Rostek, Yale University, "Quantile Maximization in Decision Theory"
October 25 Pei-Yu Lo, Yale University, "Iterative Admissibility and Common Knowledge of Language in a Sender-Receiver Game"
November 1 Dino Gerardi, Yale University, "Aggregation of Expert Opinions"
November 8 Larry Samuelson, University of  Wisconsin, "The Economics of Relationships"
November 15 Daniel Monte, Yale University, "Reputation and Bounded Memory"
November 29 Philip J. Reny, University of Chicago, "Existence of Nash Equilibria in Discontinuous Games: A Tutorial"
December 6 Maher Said, Yale University, "Reinforcement Learning in Nonstationary Environments"
2004  
January 13 Ezra Friedman, Yale University, "A Model of Obfuscation"
January 20 Ying Chen, Yale University, "A Non-fully Rational Model of Communication"
January 26 Anat Bracha, Yale University, "Affective Decision Making in Insurance Markets"
February 9 Stephen Morris, Yale University, "Robust Mechanism Design"
February 17 Andrew Postlewaite, University of Pennsylvania, "Consumption Commitments and Preferences for Risk"
February 24 Ana Fostel, Yale University, "Offsetting Distortions, Non-Monotone Inefficiencies and Liquidity under Provision"
March 2 Sergio Turner, Yale University, "Pareto Improving Taxation in Incomplete Markets"
March 23 Pei-Yu Lo, Yale University, TBA
March 30 Caterina Calsamiglia, Yale University, "Equal Opportunities and Effort"
April 6 Marek Verekta, Yale University, "Emphathic Games"
April 13 Andrew Lemon, Yale University, "Political Rhetoric and Government Policy"
April 20 Marzena Rostek, Yale University, "Target-based Reasoning in Choice"