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Minnesota Applied Micro Workshop

October 12-13, 2007
Federal Reserve Bank of Minneapolis

Sponsors: Federal Reserve Bank of Minneapolis 
and Department of Economics at the University of Minnesota

Place: Federal Reserve Bank of Minneapolis

Friday, October 12, 2007
Moderator: Jim Schmitz
Session 1  
1:00–2:30 p.m. Liran Einav
(with Amy Finkelstein and Paul Schrimpf)
The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market” 
[2,804K PDF]
  Discussant: Igal Hendel
2:30-2:45 p.m. Break
2:45-4:00 p.m. Hanming Fang
(with Michael P. Keane and Dan Silverman)
Sources of Advantageous Selection: Evidence from the Medigap Insurance Market” [408K PDF]
  Discussant: Bob Town
4:00–4:15 p.m. Break

Session 2
 
4:15-5:30 p.m. Katherine Ho (with Julie Mortimer)
The Effects of Full-Line Forcing Contracts” [231K PDF]
  Discussant: Minjung Park
6:00–7:00 p.m. Cocktail Hour
7:00–9:00 p.m. Dinner
  Special Talk: Rob Porter
Recent Developments in the Empirical Analysis of Auction Markets” [82K PDF]
 
Saturday, October 13, 2007
9:00–9:30 a.m. Continental Breakfast
Moderator: Patrick Bajari

Session 3
 
9:30–10:45 a.m.

Greg Lewis 
Asymmetric Information, Adverse Selection and Seller Disclosure: The Case of eBay Motors” [2,329K PDF]

  Discussant: Ali Hortascu
10:45–11:00 a.m. Break
11:00 a.m–12:00 p.m. Ali Hortascu and Jakub Kastl
Testing for Common Values in the 
Presence of Bidders with Informational Advantage
” [307K PDF]
  Discussant: Ken Hendricks
12:00–1:00 p.m. Lunch

Session 4 

 
1:00–2:15 p.m. Gautam Gowrisankaran (with Marc Rysman)
Dynamics of Consumer Demand for New Durable Goods” [536K PDF]
  Discussant: Kyoo Il Kim
2:15–3:15 p.m. Paul EllicksonStephanie Houghton, and 
Chris Timmins
Estimating Network Economics in Retail Chains: A Revealed Preference Approach” [221K PDF]
 

Discussant: Tom Holmes