Working Papers 2024

2024

1. Casual Narrative. Chad Kendall. Coauthor: Constantin Charles.

2. Collusive Outcomes Without Collusion: Algorithmic Pricing in a Duopoly Model. Noah Williams . Coauthor: In-Koo Cho.

3. Common Factors in Equity Options Returns. Alex Horenstein. Coauthors: Aurelion Vasquex and Xiao Xiao. 

4. Corruption, the Ability to Pay, and the Costs of Breaking the Law. Leonidas Koutsougeras. Coauthor: Manuel S. Santos.

5. Direct Sales and Bargaining. Forthcoming: RAND Journal of Economics. Javier D. Donna. Coauthors: P. Pereira, Y. Pu, A. Trindade, R. Yoshida. 

6. Efficient Run-Proof and Run-Prone Banking. David Andolfatto. Coauthor: Ed Nosal.

7. Estimating the Effect of the 2016 Metro Vancouver Foreign Buyers Tax on City-Level Real Estate Prices. David Andolfatto. Coauthor: Marie Rekkas 

8. Future Self-Proof Elicitation Mechanisms. Chad Kendall. Coauthor: Anujit Chakraborty. 

9. Large Strategy-Proof Mechanisms. Henrique Castro-Pires. Coauthors: Guilherme Carmona, Krittanai Laohakunakorn and Konrad Podczeck. 

10. Market Betas in Multifactor Models. Alex Horenstein. Coauthor: Seung C. Ahn. 

11. Noisy Foresight. Chad Kendall. Coauthor: Anujit Chakraborty 

12. Optimal Contracts with Hidden Risk. Noah Williams. Coauthor: Rui Li. 

13. On the Determinants of the National Debt: Long-Term Trends and Cyclical Fluctuations. 2024. Zhigang Feng. Coauthor: Manuel Santos.

14. Political Parties as Drivers of U.S. Polarization: 1927-2018. Chad Kendall. Coauthors: Nathan Canen and Francesco Trebbi. 

15. Steady State Equilibria, Near Equilibria, and Escapes. Noah Williams.

16. Stochastic Cycles. Noah Williams.  

17. Structural Presumptions for Non-Horizontal Mergers in the 2023 Merger Guidelines: A Primer and a Path Forward. Javier D. Donna. Coauthor: Pedro Pereira.

18. Sustainable Banking and Credit Market Segmentation. David L. Kelly. Coauthor: Christopher Paik 

19. The Common Good and Voter Polarization. Chad Kendall. Coauthor: John Matsusaka. 

20. The Effect of Exit Rights on Cost-based Procurement Contracts. Henrique Castro-Pires. Coauthors: Rodrigo Andrade and Humberto Moreira. 

21. The Illiquidity of Water Markets. Forthcoming: Review of Economic Studies. Javier D. Donna. Coauthor: Jose Espin. 

22. The Social Costs of Deregulation in a Fight Against Corruption: A Case Study on Driver's Licenses in Mexico City. Alex Horenstein. Coauthor: Konrad Grabiszewski.

23. Understanding Dynamic Interactions. Alex Horenstein. Coauthor: Konrad Grabiszewski. 

24. Unraveling the Peltzman Effect: The Significance of Agent's Type. Alex Horentein. Coauthor: Konrad Grabiszewski.