S Athey - Econometrica, 2001 - Wiley Online Library
This paper analyzes a class of games of incomplete information where each agent has
private information about her own type, and the types are drawn from an atomless joint
probability distribution. The main result establishes existence of pure strategy Nash ...
S Athey… - 1998 - nber.org
This paper studies alternative empirical strategies for estimating the effects of organization
design practices on performance, as well as the factors which determine organizational
design, in a cross-section of firms. Our economic model is based on a firm where multiple ...
S Athey… - Econometrica, 2002 - Wiley Online Library
This paper presents new identification results for models of first–price, second–price,
ascending (English), and descending (Dutch) auctions. We consider a general specification
of the latent demand and information structure, nesting both private values and common ...
S Athey… - RAND Journal of Economics, 2001 - JSTOR
We analyze collusion in an infinitely repeated Bertrand game, where prices are publicly
observed and each firm receives a privately observed, iid cost shock in each period.
Productive efficiency is possible only if high-cost firms relinquish market share. In the most ...
S Athey,
K Bagwell… - Review of Economic …, 2004 - Wiley Online Library
We consider an infinitely repeated Bertrand game, in which prices are publicly observed and
each firm receives a privately observed, iid cost shock in each period. We focus on
symmetric perfect public equilibria, wherein any “punishments” are borne equally by all ...
S Athey - The Quarterly Journal of Economics, 2002 - qje.oxfordjournals.org
Abstract This paper analyzes monotone comparative statics predictions in several classes of
stochastic optimization problems. The main results characterize necessary and sufficient
conditions for comparative statics predictions to hold based on properties of primitive ...
S Athey… - The Rand journal of economics, 1995 - JSTOR
This article studies several attributes of a firm's long-run decisions about organizational
structure, attributes that affect the firm's short-run innovative activity. We focus on flexibility,
which lowers the future costs of implementing innovations, and research capabilities, ...
S Athey… - RAND Journal of Economics, 2005 - works.bepress.com
Abstract This paper analyzes a model of oligopolistic competition with ongoing investment.
Special cases include incremental investment, patent races, learning-by-doing, and network
externalities. We investigate circumstances under which a firm with low costs or high ...
S Athey… - 1999 - nber.org
This paper studies the bidding behavior of firms in US Forest Service timber auctions in
1976--1990. When conducting timber auctions, the Forest Service publicly announces its
estimates of the tract characteristics before the auction, and each bidder additionally has ...
S Athey… - 2000 - nber.org
This paper analyzes the productivity of technology and job design in emergency response
systems, or 911 systems.'During the 1990s, many 911 systems adopted Enhanced
911'(E911), where information technology is used to link automatic caller identification to a ...
S Athey… - The American Economic Review, 2001 - JSTOR
Where should decision rights be lodged in organizations? Michael C. Jensen and William H.
Meckling (1992) argue that moving a decision away from the inherently best-informed party
involves costs in communication and garbling but may lodge it with someone who has ...
S Athey… - Handbook of Econometrics, 2007 - Elsevier
Abstract This chapter discusses structural econometric approaches to auctions. Remarkably,
much of what can be learned from auction data can be learned without restrictions beyond
those derived from the relevant economic model. This enables us to take a nonparametric ...
S Athey… - 2009 - nber.org
This paper examines a model in which advertisers bid for" sponsored-link" positions on a
search engine. The value advertisers derive from each position is endogenized as coming
from sales to a population of consumers who make rational inferences about firm qualities ...
S Athey,
J Levin… - WORKING PAPER- …, 1998 - aida.econ.yale.edu
In a Bayesian decision problem, an agent who is uncertain about the true state of the world
must choose an action after observing an imperfectly informative signal. Blackwell (1951,
1953) proved the seminal result that every agent faced with such a decision problem will ...
S Athey, A Atkeson… - Econometrica, 2005 - Wiley Online Library
How much discretion should the monetary authority have in setting its policy? This question
is analyzed in an economy with an agreed-upon social welfare function that depends on the
economy's randomly fluctuating state. The monetary authority has private information ...
S Athey… - WORKING PAPER- …, 1998 - mit.edu
ABSTRACT: This paper develops tools for analyzing properties of stochastic objective
functions that take the form (,)(,)(;) V u dF≡∫ sx xs s θ θ θ θ. The paper analyzes the
relationship between properties of the primitive functions, such as the utility functions u ...
S Athey,
J Levin… - Unpublished Paper, 2004 - nber.org
Abstract We study entry and bidding patterns in sealed bid and open auctions with
heterogeneous bidders. Using data from US Forest Service timber auctions, we document a
set of systematic effects of auction format: sealed bid auctions attract more small bidders, ...
S Athey… - Communications of the AIS, 2000 - dl.acm.org
ABSTRACT Scholarly research continues to be a significant component of a faculty
member's portfolio. The evaluation of the quality and quantity of that research is becoming
increasingly important for tenure and promotion decisions and post-tenure reviews. Using ...
S Athey… - Econometrica, 2008 - Wiley Online Library
We consider a dynamic Bertrand game in which prices are publicly observed and each firm
receives a privately observed cost shock in each period. Although cost shocks are
independent across firms, within a firm costs follow a first-order Markov process. We ...
S Athey - Journal of Business Ethics, 1993 - Springer
Sixty-five computer science and computer information systems students were surveyed to
ascertain their ethical beliefs on seven scenarios and nineteen ethical problems. All seven
scenarios incorporated computer-related problems facing programmers and managers in ...
S Athey - Working papers, 1996 - ideas.repec.org
This paper develops necessary and sufficient conditions for monotone comparative statics
predictions in several general classes of stochastic optimization problems. There are two
main results, where the first pertains to single crossing properties (of marginal returns, ...
S Athey,
J Levin… - The Quarterly Journal of …, 2011 - qje.oxfordjournals.org
Abstract We study entry and bidding patterns in sealed bid and open auctions. Using data
from the US Forest Service timber auctions, we document a set of systematic effects: sealed
bid auctions attract more small bidders, shift the allocation toward these bidders, and can ...
S Athey… - 2006 - nber.org
Many important economic questions arising in auctions can be answered only with
knowledge of the underlying primitive distributions governing bidder demand and
information. An active literature has developed aiming to estimate these primitives by ...
S Athey… - The Quarterly Journal of Economics, 2011 - qje.oxfordjournals.org
Abstract This article examines a model in which advertisers bid for “sponsored-link”
positions on a search engine. The value advertisers derive from each position is
endogenized as coming from sales to a population of consumers who make rational ...
S Athey… - 2009 - works.bepress.com
Abstract This paper examines the impact of geographic targeting technology on local
advertising markets when local and general media outlets compete for readers. In a base
case, it is demonstrated that when the general outlet adopts such technologies, this does ...
S Athey - 2000 - Citeseer
Abstract This paper analyzes the problem faced by a risk-averse firm considering how much
to invest in a risky project. The firm receives a signal about the value of the project. We
derive neces-sary and sufficient conditions on the signal distribution such that (i) the ...
S Athey… - Theoretical Economics, 2007 - econtheory.org
Abstract We analyze the extent to which efficient trade is possible in an ongoing relationship
between impatient agents with hidden valuations (iid over time), restricting attention to
equilibria that satisfy ex post incentive constraints in each period. With ex ante budget ...
N Agarwal, S Athey… - The American Economic Review, 2009 - JSTOR
Online search as well as keyword-based con textual advertising on third-party publishers is
primarily priced using pay-per-click (PPC): advertisers pay only when a consumer clicks on
the advertisement. Slots for advertisements are auctioned, and per-click bids are weighted ...
S Athey… - Discussion Papers, 2004 - academiccommons.columbia.edu
Abstract We consider a dynamic Bertrand game, in which prices are publicly observed and
each firm receives a privately observed cost shock in each period. Although cost shocks are
independent across firms, within a firm costs follow a first/order Markov process. We ...
S Athey,
J Gans, S Schaefer… - Research Paper, 1994 - gsbapps.stanford.edu
This paper is motivated by an often-observed but under-studied phenomenon of the modem
business enterprise, management by exception. This term describes the relative infrequency
of management interference in the lower tiers of an organizational hierarchy. We study ...
S Athey… - International Economic Review, 2007 - Wiley Online Library
Since the pioneering work by Daniel McFadden, utility-maximization-based multinomial
response models have become important tools of empirical researchers. Various
generalizations of these models have been developed to allow for unobserved ...
S Athey… - Sixth Ad Auctions Workshop, 2010 - econ.umn.edu
: Qi (bi; b− i, s)= Qi (bi; b− i, s)}.(ii) A necessary and sufficient condition for the observed bids
to be in equilibrium is that for some (v1,..., vI) within the bounds from (i), the bids (b1,..., bI)
are globally optimal. A sufficient condition is that MCi (·) is non-decreasing.
S Athey… - 2000 - nber.org
Emergency response services, provided through 91 1 calling and ambulance services,
serve as the first line of contact between patients suffering from emergency conditions and
the local health care infrastructure. To-gether with the emergency rooms in hospitals, ...
Abstract: We consider an infinitely-repeated Bertrand game, in which prices are perfectly
observed and each firm receives a privately-observed, iid cost shock in each period. In our
base model, side-payments are prohibited. In order for a cartel to achieve productive ...
S Athey, A Atkeson… - 2003 - nber.org
How much discretion should the monetary authority have in setting its policy? This question
is analyzed in an economy with an agreed-upon social welfare function that depends on the
randomly fluctuating state of the economy. The monetary authority has private information ...
S Athey… - The American economic review, 2007 - JSTOR
This paper studies the problem of allocating a good between two players in each period of
an infinite-horizon game. The players' valuations in each period are private information, and
the valuations change over time. We analyze two special cases for the dynamics of ...
CS Bambara, CP Harbour… - Community College …, 2009 - crw.sagepub.com
Abstract This article reports the findings of a phenomenological study that examined the
lived experience of community college students enrolled in high-risk online courses (HRCs)
at a community college in the American Southeast. HRCs were defined as college ...
S Athey, E Calvano… - V Intertic Conference, 2011 - kuznets.harvard.edu
The issue of whether the Internet will destroy the news media is currently a big news topic.
The news industry as a whole has seen large declines in advertising revenue, while
traditional media has simultaneously faced increased competition for attention from new ...
S Athey, E Calvano,
J Gans… - Workshop on Media …, 2010 - econ.hunter.cuny.edu
Page 1. Will the Internet Destroy the News Media? or Can Online Advertising Markets Save the
Media? Susan Athey Emilio Calvano Joshua Gans Discussion Points Alessandro Bonatti, MIT
Sloan Workshop on Media Economics and Public Policy October 15, 2010 Page 2. ...
S Athey, D Coey… - 2011 - nber.org
Set-asides and subsidies are used extensively in government procurement and natural
resource sales. We analyze these policies in an empirical model of US Forest Service timber
auctions. The model fits the data well both within the sample of unrestricted sales where ...
[CITATION] Would the Software Police Find Your Company Guilty?
S Athey, J Plotnicki - Journal of …, 1994 - ASSOCIATION FOR SYSTEMS …
S Athey, LF Katz, AB Krueger, S Levitt… - The American economic …, 2007 - JSTOR
Economists devote considerable effort to graduate student education but have conducted
relatively little research on the determinants of student performance or placement in the job
market. Do graduate students who do well in core microeconomics (micro) courses also ...
[CITATION] An empirical framework for testing theories about complementarities
S Athey… - 1996 - MIT Mimeo, May
S Athey, A Atkeson, PJ Kehoe… - 2001 - research.mpls.frb.fed.us
ABSTRACT We analyze the optimal design of monetary rules. We suppose there is an
agreed upon social welfare function that depends on the randomly fluctuating state of the
economy and that the monetary authority has private information about that state. We ...
[CITATION] Will the Internet Destroy the News Media?
S Athey, E Calvano… - 2009 - mimeo
[CITATION] Mentoring, Discrimination and Diversity in Organizations
S Athey, C Avery, PB Zemsky… - 1994 - Jackson Library, Graduate School of …
S Athey, A Schmutzler - WORKING PAPER-MASSACHUSETTS …, 1999 - fmwww.bc.edu
ABstract: This paper analyzes a model of oligopolistic competition with ongoing investment.
It incorporates the following models as special cases: incremental investment, patent races,
learning-by-doing, and network externalities. We investigate circumstances under which a ...
S Athey, P Haile,
JJ Heckman… - 2005 - en.scientificcommons.org
Abstract This chapter discusses structural econometric approaches to auctions. Remarkably,
much of what can be learned from auction data can be learned without restrictions beyond
those derived from the relevant economic model. This enables us to take a nonparametric ...
[CITATION] The impact of information technology on emergency health care reforms
A Susan… - RAND Journal of Economics, 2002
[CITATION] Forthcoming. Collusion and Price Rigidity
S Athey, K Bagwell… - Review of Economic Studies
S Athey, A Atkeson… - Federal Reserve Bank of Minneapolis, …, 2003 - ecb.eu
ABSTRACT How much discretion should the monetary authority have in setting its policy?
This mechanism design question is analyzed in an economy with an agreed-upon social
welfare function that depends on the randomly fluctuating state of the economy. The ...
S Athey… - 2004 - econ.yale.edu
Abstract We consider a game between a fixed set of firms that participate in a series of
procurement auctions over an infinite horizon, where bids are publicly observed and each
firm receives a privately observed cost shock in each period. Although cost shocks are ...
S Athey,
S Stern… - 1999 - Citeseer
Abstract This paper is motivated by the question of whether information technology (IT)
increases or decreases the returns to skill and training, particularly in the service sector. To
address this question, we examine the empirical patterns of IT and human resource ...
[CITATION] Software copying policies of the Fortune 500
S Athey - Journal of Systems Management, 1989
[CITATION] Comparing open and sealed bid auctions: Theory and evidence
S Athey, J Levin… - Euro Conference on “Auctions and Market Design: …, 2004
S Athey… - 2006 - idei.fr
Abstract It is well $ known that trust can be sustained among small groups with repeated
interactions. But with rapid urbanisation in the developing world, or in online communities
where people interact without physically meeting, the set of individ $ uals available for ...
S Athey… - 2008 - socionet.ru
This chapter discusses structural econometric approaches to auctions. Remarkably, much of
what can be learned from auction data can be learned without restrictions beyond those derived
from the relevant economic model. This enables us to take a nonparametric perspective ...
[CITATION] Robust Comparative Statics Analysis
S Athey, P Milgrom… - Unpublished Research Monograph, 1996
[CITATION] Authority and Incentives in Organizations
S Athey… - 2001 - Mimeo, Stanford University, …
[CITATION] Nonparametric Approaches to Auctions,(forthcoming Handbook of Econometrics)
S Athey… - 2004 - Volume
S Athey - 1987 - arizona.openrepository.com
The statistical mentor system incorporates a knowledge base into an educational tool for
novices in statistical decision making to use in choosing a statistical technique. The novices
are students in a business school curriculum who are expected to learn the basic ...
[CITATION] Designing Dynamic Mechanisms
S Athey… - American Economic Review Papers and Proceedings, 2007
[CITATION] Innovation and Emergence of Market Dominance
A Schmutzler… - Working Paper
[CITATION] Equilibrium and uncertainty in sponsored search advertising
S Athey… - AdAuctions Workshop, 2010
[CITATION] nNonparametric Approaches to Auctions, oin Handbook of Econometrics, Vol. 6A, J. Heckman and E. Leamer, eds
S Athey… - Elsevier, 2007
[CITATION] Position auctions with consumer search. Levine's Bibliography 122247000000001633, UCLA Department of Economics
S Athey… - 2007 - October
[CITATION] A Structural Model of Equilibrium and Uncertainty in Sponsored Search Advertising Auctions
S Athey… - 2009 - mimeo
[CITATION] Set-Asides and Discounts in Auctions
S Athey, D Coey… - NBER Working Paper, 2011
[CITATION] Information, coordination and the organization of work, Draft
S Athey… - 1994 - Stanford University, Stanford, CA
[CITATION] Efficiency in repeated games with private information and very impatient players
S Athey… - 2006 - Working paper, January
[CITATION] Subsidies and Set-Asides in Auctions
S Athey, D Coey… - NBER Working Paper, 2011
[CITATION] The allocation of decisions in organizations, Draft
S Athey, J Gans, S Schaefer… - 1994 - Stanford University, Stanford, CA
[CITATION] The Optimal Amount of Monetary Policy's Discretion
S Athey, A Atkeson… - Minneapolis FED Staff Report, 2002
[CITATION] Investment and Information Value for a Risk Averse Firm, preprint
S Athey - 2000 - Stanford
[CITATION] Single crossing properties and the existence of pure-strategy equilibria in games of incomplete information. Econometrica, forthcoming
S Athey
[CITATION] Innovation and the Evolution of Market Dominance
S Athey… - 1999 - MIT Working Paper
[CITATION] iAn Effi cient Dynamic Mechanism, j unpublished manuscript
S Athey… - 2006 - Stanford University, January
I Abraham, S Athey,
M Babaioff… - 2011 - research.microsoft.com
Abstract This paper studies the role of information asymmetries in second price, common
value auctions. Motivated by information structures that arise commonly in applications such
as online advertising, we seek to understand what types of information asymmetries lead ...
[CITATION] VNonparametric Approaches to Auctions. V In James Heckman and Edward Leamer (Editors), Handbook of Econometrics, Vol. 6
S Athey… - 2006 - Elsevier
S Athey… - 2002 - Citeseer
Abstract We consider a dynamic Bertrand game, in which prices are publicly observed and
each rm receives a privately observed cost shock in each period. Although cost shocks are
independent across rms, within a rm costs follow a rst-order Markov process. We analyze ...
[CITATION] Comparative Statics in Stochastic Problems with Applications
SC Athey - 1995 - Stanford University
S Athey… - 1994 - mendeley.com
Abstract In this paper, we study the interaction between a firm's internal organizational
design, which we treat as an irreversible technology choice, and its external environment.
We focus on two internal organizational design variables: product design flexibility and ...
S Athey - mit.edu
Abstract: We study how diversity evolves at a firm with entry0level and upper0level
employees who vary in ability and type (gender or ethnicity). The ability of entry0 level
employees is increased by mentoring. An employee receives more mentoring when more ...
P Cramton, S Athey… - 2002 - works.bepress.com
SUMMARY British Columbia is proposing substantial market reforms to improve its pricing of
timber. We analyze the important issues that these reforms raise. A key element of the
reforms is using the outcome of timber auctions to price timber for non-auctioned long- ...
The Department of Commerce contends that the BCTS auctions are not a suitable
benchmark on two grounds: 1) the auction volume was “not significant,” and 2) the auction
prices were effectively limited by the administratively set stumpage fee on tenured lands, ...
MR Haines, RA Margo, A Laruelle, R Fildes… - Cambridge Univ Press
This section contains an index of current working papers by author-supplied keyword. The keyword
is followed by the name of the primary author. Long keywords have been truncated. A complete
bibliographic listing can be found by consulting the corresponding entry for the primary ...
W Baumol, K Arrow, S Athey, J Baker, C Bazelon… - 2009 - papers.ssrn.com
Abstract: The signatories to this document are economists who have studied
telecommunications, auctions, and competition policy. While we may disagree about the
stimulus package, we believe that it is important to implement mechanisms that make ...
P Cramton, S Athey… - 2002 - works.bepress.com
SUMMARY British Columbia is proposing substantial market reforms to improve its pricing of
timber. A key element of the reforms is using the outcome of timber auctions to price timber
for non-auctioned longterm tenures. Using market transactions to price timber on long- ...
P Cramton, S Athey… - 2002 - works.bepress.com
The BC Ministry of Forests is considering the implementation of a package of
complementary reforms to improve market performance and competition in the British
Columbian timber industry. The key feature of these reforms is that a portion of Crown ...
Abstract This thesis examines the mechanisms by which retail markets converge to a
concentrated structure where competition is dominated by only a few large firms. Using a
model of competition based on the vertical product differentiation (VPD) enciogenous ...
P Cramton, S Athey… - 2003 - works.bepress.com
Upset prices, also known as reserve prices in the auction literature, are a common
component of most auction markets. An important element of an upset price policy is the
auctioneer's value of retaining the object at a given auction, that is, the value the ...
P Cramton, S Athey… - 2002 - works.bepress.com
The British Columbian Ministry of Forests proposed an auction design to achieve fair market
prices for its standing timber. Because the Crown owns almost all the standing timber in
British Columbia, the Ministry proposed to auction a portion of that timber, and use the ...
H Vandenbussche, MT Kiley, E Helpman, I Hendel… - Cambridge Univ Press
This section contains an index of current working papers by author-supplied keyword. The keyword
is followed by the name of the primary author. Long keywords have been truncated. A complete
bibliographic listing can be found by consulting the corresponding entry for the primary ...
NL Rose, S Athey,
S Stern… - 2003 - 18.7.29.232
This thesis investigates forms of non-price competition in the US airline industry. The first two
chapters focus on airlines' use of frequent flyer programs (FFPs) while the final chapter
considers the entry strategies of" low-cost carriers". FFPs may alter the intensity of ...
SC Athey… - 1994 - opengrey.eu
Flexibility, Coordination and the Organization of Work. Susan C Athey, Armin Schmutzler
Universität Heidelberg, Wirtschaftswissenschaftliche Fakultät, 1994.
S Athey - Econometrica, 2005 - Wiley Online Library
THE 2006 NORTH AMERICAN SUMMER MEETING of the Econometric Society will be
hosted by the Economics Department of the University of Minnesota and will be held at the
University of Minnesota, Minneapolis, MN, from June 22 to June 25, 2006. The program ...
CE Brown… - Expert systems in business and finance, 1993 - dl.acm.org
Google, Inc. (search). ...
P Cramton, S Athey… - 2002 - works.bepress.com
Two major concerns arise when pricing timber stands in British Columbia. The first concern
is that timber should, on average, be priced correctly. This concern is most relevant in trade
negotiations, because the net flow of product from British Columbia to the United States ...
CS Bambara, CP Harbour, TG Davies… - Community College …, 2009 - eric.ed.gov
Abstract: This article reports the findings of a phenomenological study that examined the
lived experience of community college students enrolled in high-risk online courses (HRCs)
at a community college in the American Southeast. HRCs were defined as college ...
JC Ely, EJ Green, BL Lipman, D Ray, S Athey… - Wiley Online Library
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