18 sessions, 45 papers

Midwest Economic Theory, Spring 2009
Complete List of All Sessions

Session 1: Game Theory I
Session Chair: Daniel Kovenock, The University of Iowa
Session type: contributed
Date: May 1, 2009
Time: 15:30 - 16:30
Location: C107
A Refinement of Perfect Equilibria Based on Substitute Sequences
JEL codes: C72
By C. D. Aliprantis; Purdue University I. Topolyan; Purdue University
Presented by: Iryna Topolyan, Purdue University Krannert School
Monotone Comparative Statics for Games With Strategic Substitutes
By Sunanda Roy; Drake University Tarun Sabarwal; University of Kansas
Presented by: Tarun Sabarwal, University of Kansas

Session 2: Competitive Equilibrium I
Session Chair: Elena Pastorino, University of Iowa
Session type: contributed
Date: May 1, 2009
Time: 15:30 - 16:30
Location: S107
Chaos and Sector-Specific Externalities
JEL codes: E13, E32, E62
By David R. Stockman; University of Delaware
Presented by: David Stockman, University of Delaware
Game-Theoretic Foundations of Competitive Search Equilibrium
By Manolis Galenianos; Penn State Philipp Kircher; UPenn
Presented by: Manolis Galenianos, Pennsylvania State University

Session 3: Information Economics I
Session Chair: Ayca Kaya, University of Iowa
Session type: contributed
Date: May 1, 2009
Time: 15:30 - 16:30
Location: S207
Over-Confidence May Reduce Negotiation Delay
JEL codes: C78, D62
By Alberto Galasso University of Toronto
Presented by: Alberto Galasso, Rotman School of Management
New product launch: herd seeking or herd preventing?
By Ting Liu Michigan State University Pasquale Schiraldi London School of Economics and Political Science
Presented by: Ting Liu, Michigan State University

Session 4: Industrial Organization I
Session Chair: Daniel Kovenock, The University of Iowa
Session type: contributed
Date: May 1, 2009
Time: 17:00 - 18:00
Location: C107
Environmental Regulation and Industry Dynamics
JEL codes: L51 L25 L51 Q50
By Aditi Sengupta; Southern Methodist University
Presented by: Aditi Sengupta, Southern Methodist University
Who invests in Research and Development?: A Model of Endogenous Sectoral Choice with Costly External Finance
By Rasim Burak Uras - Washington University in St. Louis
Presented by: Rasim Uras, Washington Univesrity in St. Louis

Session 5: Quantitative Theory I
Session Chair: B Ravikumar, University of Iowa
Session type: contributed
Date: May 1, 2009
Time: 17:00 - 18:00
Location: S107
Dynamically Optimal Executive Compensation when Reservation Utilities Are History-Dependent
JEL codes: C63, D82, G30
By Stanimir Morfov; State University - Higher School of Economics
Presented by: Stanimir Morfov, State University - Higher School of Economics
Policy Announcements and Welfare
By Vadym Lepetyuk, University of Alicante Christian Stoltenberg, University of Amsterdam
Presented by: Vadym Lepetyuk, University of Alicante

Session 6: Game Theory II
Session Chair: Srihari Govindan, The University of Iowa
Session type: contributed
Date: May 1, 2009
Time: 17:00 - 18:00
Location: S207
Communication in Bargaining over Decision Rights
[slides]
JEL codes: D23, D83, L24
By Wooyoung Lim, University of Pittsburgh
Presented by: Wooyoung Lim, University of Pittsburgh
EFFORT, ACHIEVEMENT GAPS AND AFFIRMATIVE ACTION: A NEW LOOK AT COLLEGE ADMISSIONS
By Brent Hickman; University of Iowa Department of Economics
Presented by: Brent Hickman, University of Iowa

Session 7: Competitive Equilibrium II
Session Chair: Yuzhe Zhang, University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 9:00 - 10:30
Location: C125
Rational Expectations in Urban Economics
JEL codes: D51; D82; R13
By Marcus Berliant Washington University in St. Louis Chia-Ming Yu Washington University in St. Louis
Presented by: Chia-Ming Yu, Washington University in St. Louis
The Effect of Information on Growth under Uncertainty.
By Santanu Roy, Southern Methodist University, TX. Itzhak Zilcha, Tel Aviv University, Israel, nd Southern Methodist University, Dallas.
Presented by: Santanu Roy, Southern Methodist University
Strong Bubbles and Common Expected Bubbles in a Finite Horizon Model
[slides]
By Jie Zheng; Department of Economics, Washington University in St. Louis
Presented by: Jie Zheng, Washington University in St. Louis

Session 8: Decision Theory and Applications
Session Chair: Srihari Govindan, The University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 9:00 - 10:30
Location: S207
Generalized time-invariant overtaking
JEL codes: D63, D71.
By Geir Asheim, University of Oslo Claude d´Aspremont, Universit´e catholique de Louvain Kuntal Banerjee, Florida Atlantic University
Presented by: Kuntal Banerjee, Florida Atlantic University
A Theory of Temptation without Uncertainty
By Madhav Chandrasekher; Arizona State University
Presented by: Madhav Chandrasekher, Arizona State University
A Theory of Government Procrastination
By Edwin Lai; Federal Reserve Bank of Dallas Taiji Furusawa; Hitotsubashi University, Japan
Presented by: Edwin Lai, Federal Reserve Bank of Dallas

Session 9: Industrial Organization II
Session Chair: Daniel Kovenock, The University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 11:00 - 12:30
Location: C125
Bargains Followed by Bargains: When Switching Costs Make Markets More Competitive
JEL codes: D2, D4, L1
By Jason Pearcy; Tulane University
Presented by: Jason Pearcy, Tulane University
Do Vertical Mergers Facilitate Downstream Collusion?
By Musa Ayar; University of Western Ontario
Presented by: Musa Ayar, University of Western Ontario
Customization with Virtically Differentiated Products
By Oksana Loginova, University of Missouri X. Henry Wang, University of Missouri
Presented by: X. Henry Wang, University of Missouri

Session 10: Search, Matching and the Labor Market
Session Chair: Elena Pastorino, University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 11:00 - 12:30
Location: S207
Matching, Learning and Long Term Relationships
JEL codes: D01
By Inkoo Cho (UIUC) Akihiko Matsui (University of Tokyo)
Presented by: In-Koo Cho, University of Illinois
Repeated Moral Hazard with Worker Mobility via Directed On-the-Job Search
By Kunio Tsuyuhara, University of Toronto
Presented by: Kunio Tsuyuhara, University of Toronto
Firm Formation with Complementarities: The Role of the Entrepreneur
By Christian Roessler, Rice University and University of Queensland Philipp Koellinger, Erasmus University
Presented by: Christian Roessler, Rice University

Session 11: Contract Theory I
Session Chair: Yuzhe Zhang, University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 14:15 - 15:15
Location: W207
Borrowing Constraint as an Optimal Contract
By Borys Grochulski Federal Reserve Bank of Richmond Yuzhe Zhang University of Iowa
Presented by: Borys Grochulski, Federal Reserve Bank of Richmond
Credit risk without commitment
By Juan Carlos Hatchondo, Federal Reserve Bank of Richmond Leonardo Martinez, Federal Reserve Bank of Richmond
Presented by: Juan Hatchondo, Federal Reserve Bank of Richmond

Session 12: Auctions I
Session Chair: Ronald Harstad, University of Missouri
Session type: contributed
Date: May 2, 2009
Time: 14:15 - 15:45
Location: W307
Information Aggregation in Uniform Price Double Auctions
JEL codes: D44
By Eiichiro Kazumori The University of Tokyo
Presented by: Eiichiro Kazumori, University of Tokyo
Auctions with resale: the case of many bidders
By Gabor Virag
Presented by: Gabor Virag, University of Rochester
Small Double Auctions
By Marzena Rostek; University of Wisconsin-Madison, Department of Economics Marek Weretka; University of Wisconsin-Madison, Department of Economics
Presented by: Marek Weretka, University of Wisconsin-Madison

Session 13: Quantitative Theory II
Session Chair: B Ravikumar, University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 16:15 - 17:45
Location: W207
Financial Accelerator in Action: Economic Fundamentals, Real Estate Dynamics and Business Cycles in Japan
JEL codes: E32, E44, E62
By Suparna Chakraborty City University of New York, Baruch College
Presented by: Suparna Chakraborty, Baruch College, CUNY
Sovereign default and negotiation: recovery rates, interest rate spreads and credit history
[slides]
By Tamon Asonuma, Boston University
Presented by: Tamon Asonuma, Boston University
Long-duration Bonds and Sovereign Defaults
By Juan Carlos Hatchondo, Federal Reserve Bank of Richmond Leonardo Martinez, Federal Reserve Bank of Richmond
Presented by: Leonardo Martinez, Federal Reserve Bank of Richmond

Session 14: Contests
Session Chair: Daniel Kovenock, The University of Iowa
Session type: contributed
Date: May 2, 2009
Time: 16:15 - 17:45
Location: W307
Collective Action and Power Inequality
JEL codes: D 74, H41
By Jay Pil Choi Michigan State University Jaesoo Kim Michigan State University
Presented by: Jaesoo Kim, Michigan State University
An Experimental Investigation of Colonel Blotto Games
By Roman M. Sheremeta; Purdue University Subhasish M. Chowdhury;Purdue University Daniel J. Kovenock; University of Iowa
Presented by: Roman Sheremeta, Purdue University

Session 15: Contract Theory II
Session Chair: Yuzhe Zhang, University of Iowa
Session type: contributed
Date: May 3, 2009
Time: 9:00 - 10:00
Location: S207
Dynamic Managerial Compensation: a Mechanism Design Approach
JEL codes: D82
By Daniel Garrett (Northwestern) Alessandro Pavan (Northwestern)
Presented by: Alessandro Pavan, Northwestern University
Informed Principal Problems in Generalized Private Values Environments
By Tymofiy Mylovanov; Penn State University Thomas Troeger; University of Bonn
Presented by: Tymofiy Mylovanov, Penn State University

Session 16: Information Economics II
Session Chair: Ayca Kaya, University of Iowa
Session type: contributed
Date: May 3, 2009
Time: 9:00 - 10:30
Location: S307
A Method to Solve a Class of Multi Dimensional Screening Problems
JEL codes: C72
By Raymond Deneckere; University of Wisconsin-Madison Sergei Severinov; University of Essex and University of British Columbia
Presented by: Sergei Severinov, University of Essex
How to Talk to Multiple Audiences
By Maria Goltsman; University of Western Ontario Gregory Pavlov; University of Western Ontario
Presented by: Maria Goltsman, University of Western Ontario
Experts and Quacks
By Jeremy Sandford, University of Kentucky
Presented by: Jeremy Sandford, University of Kentucky

Session 17: Auctions II
Session Chair: Ayca Kaya, University of Iowa
Session type: contributed
Date: May 3, 2009
Time: 11:00 - 12:30
Location: S207
Dynamic Auctions with Asymmetric Information and an Application to Outer Continental Shelf (OCS) Auctions
JEL codes: D23, D44, D82
By Yan Shi; University of North Carolina, Pembroke Joon-Suk Lee; Bowdoin College
Presented by: Yan Shi, UNC-Pembroke
Efficiency in a class of multi-unit auctions
By Gagan Ghosh; University of Iowa
Presented by: Gagan Ghosh, University of Iowa
Discriminatory or Uniform? Design of Divisible Good Auctions
By Marzena Rostek, University of Wisconsin-Madison Marek Weretka, University of Wisconsin-Madison Marek Pycia, UCLA
Presented by: Marzena Rostek, University of Wisconsin-Madison

This program was last updated on 2009-04-30 20:19:45 EDT

Session 18: Monetary Economics
Session Chair: Luis Araujo, Michigan State University
Session type: contributed
Date: May 3, 2009
Time: 11:00 - 12:30
Location: S307
Money, liquidity and the equilibrium interest rate
By Alessandro Marchesiani; University of Rome Telma Pietro Senesi; University of Naples L'Orientale
Presented by: Alessandro Marchesiani, University of Naples L'Orientale
Money versus Memory
By Luis Araujo; Michigan State University Braz Camargo; University of Western Ontario
Presented by: Luis Araujo, Michigan State University
Stationarity Without Degeneracy in a Model of Commodity Money
By R. de O. Cavalcanti; Fundacao Getulio Vargas D. Puzzello; University of Illinois
Presented by: Daniela Puzzello, University of Illinois at Urbana-Champai