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Valuing Morbidity Risk: Willingness to Pay per Quality-Adjusted Life Year (1)

James K. Hammitt (Toulouse School of Economics (LERNA-INRA))

Toulouse : TSE, 3 octobre 2011, 11h00–12h30, salle Amphi S

We estimate willingness to pay for small reductions in the risk of suffering a range of morbid health conditions using a stated-preference survey fielded to an internet panel that is representative of the US population. The adverse health conditions are described using a generic health utility...

A Gains from Trade Perspective on Macroeconomic Fluctuations (1)

Franck Portier (TSE)

20 septembre 2011

Tap water consumption : Assessing the Role of Attitudes towards Environment using Non-Parametric Mokken Scale Analysis (1)

Olivier Beaumais (Université de Rouen)

Toulouse : TSE, 19 septembre 2011, 11h00–12h30, salle Amphi S

Using unique survey data of about 10,000 households from 10 OECD countries, including Czech Republic, Korea and Mexico, we examine whether attitudinal characteristics towards environment and water quality perception influence the decision to drink tap water or not. Nonparametric Mokken scale...

The Optimal Design of Insurance Schemes for Preventing Liquidity Runs (1)

Ilan Kremer (Stanford University)

TSE, 12 septembre 2011, 12h30–14h00, salle MF 323

We analyze the optimal deposit insurance scheme that can prevent a liquidity run. We obtain a simple characterization of the optimal scheme. Based on this characterization, we examine how the insurance depends on the size of the investment. When comparing agents who are partially insured we show...

New Evidence on the First Financial Bubble (1)

Will Goetzmann (Yale University)

IDEI, 5 septembre 2011, 12h30–14h00, salle MF 323

The first global financial bubbles occurred in 1720 in France, Great-Britain and the Netherlands. Explanations for these linked bubbles primarily focus on the irrationality of investor speculation and the corresponding stock price behavior of two large firms: the South Sea Company in Great Britain...

Inflation Conference (1)

Paris, France : SCOR-TSE, 24 juin 2011

Seventh Conference on The Economics of Energy Markets (1)

Toulouse, France, 15–16 juin 2011

Commitment contracts (1)

Philip Bond (University of Minnesota)

IDEI, 6 juin 2011, 12h30–14h00, salle MF 323

We analyze a consumption-saving problem with unverifiable savings in which time-inconsistent preferences generate demand for commitment, but uncertainty about future consumption needs generates demand for flexibility. We characterize in a standard contracting framework the circumstances under which...

Demand Creates its Own Supply (1)

Christophe Chamley (Paris School of Economics)

IDEI, 23 mai 2011, 12h30–14h00, salle MF 323

As recent events attest, modern economies may have trouble enforcing Say's Law. An economy with decentralized markets and trades between goods and a liquid asset, money, has two equilibria. In full-employment, output is determined by supply. But a higher demand for liquidity is self-fulfilling and...

To be announced (1)

Raouf Boucekkine (Université Catholique de Louvain)

Toulouse : TSE, 23 mai 2011, 11h00–12h30

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