Zobrazeno 1 - 10
of 113
pro vyhledávání: '"Gaurab Aryal"'
Publikováno v:
Review of Economic Studies.
We develop a model of inter-temporal and intra-temporal price discrimination by monopoly airlines to study the ability of different discriminatory pricing mechanisms to increase efficiency and the associated distributional implications. To estimate t
Security issuance is subject to informational and agency-related frictions. However, it is difficult to separate their effects. We consider SPACs and assess those effects separately. To this end, we identify premium investors who produce value-releva
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::62b179e3286373a791304a8e3dcf8734
http://arxiv.org/abs/2211.16643
http://arxiv.org/abs/2211.16643
We propose an empirical method to analyze data from first-price procurements where bidders are asymmetric in their risk-aversion (CRRA) coefficients and distributions of private costs. Our Bayesian approach evaluates the likelihood by solving type-sy
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::312caea558bd5c3e24c455269b887511
http://arxiv.org/abs/2111.04626
http://arxiv.org/abs/2111.04626
This paper considers the use of instruments to identify and estimate private and social returns to education within a model of employer learning. What an instrument identifies depends on whether it is hidden from, or transparent (i.e., observed ) to,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4585cd6abbd6fd532d6ddde63ae7a7d9
http://arxiv.org/abs/2103.04123
http://arxiv.org/abs/2103.04123
We investigate the allegation that legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in offering fewer seats on competitive routes. To this end, we first use text analytics to build a novel dataset on commu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::54680de66472fb6062b42da53b4a897b
Publikováno v:
SSRN Electronic Journal.
We estimate the effect of major airlines' use of the same regional airlines (as common-subcontractors) across different markets, on ticket prices. We consider the hypothesis that there is a complementarity between the anti-competitive role of multima
Publikováno v:
Journal of Econometrics. 204:189-206
We study the identification and estimation of first-price auctions with independent private values if bidders face ambiguity about the valuation distribution and have maxmin expected utility. Using variation in the number of bidders we nonparametrica
This paper considers the use of instruments to identify and estimate private and social returns to education within a model of employer learning. What an instrument identifies depends on whether it is hidden from, or transparent (i.e., observed) to,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1c76622a6c6aaac70507ff101be2bbac
https://doi.org/10.3386/w25885
https://doi.org/10.3386/w25885
Publikováno v:
SSRN Electronic Journal.
We study asymmetric first-price procurements with unobserved heterogeneity and asymmetric risk-aversion. For this model, we propose a new empirical method that allows us to predict the expected procurement cost at any reserve price. Being able to per
Publikováno v:
SSRN Electronic Journal.
The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private return