Research Publications and Outputs: Recent submissions
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A one-shot deviation principle for stability in matching problems
Published 2013-06-01This paper considers marriage problems, roommate problems with nonempty core, and college admissions problems with responsive preferences. All stochastically stable matchings are shown to be contained in the set of matchings ...Open AccessWorking Paper -
Specification Tests of Calibrated Option Pricing Models
Published 2013-05-01In spite of the popularity of model calibration in finance, empirical researchers have put more emphasis on model estimation than on the equally important goodness-of-fit problem. This is due partly to the ignorance of ...Open AccessWorking Paper -
The Impact of Resale on Entry in Second Price Auctions
Published 2013-04-01This paper investigates the effect of resale allowance on entry strategies in a second price auction with two bidders whose entries are sequential and costly. We first characterize the perfect Bayesian equilibrium in ...Open AccessWorking Paper -
Is Monotonicity in an IV and RD design testable? No, but you can still check it
Published 2013-04-01Whenever treatment effects are heterogeneous and there is sorting into treatment based on the gain, monotonicity is a condition that both Instrumental Variable and fuzzy Regression Discontinuity designs have to satisfy for ...Open AccessWorking Paper -
The Relationship Between Delegation and Incentives Across Occupations: Evidence and Theory
Published 2013-03-01A large literature, both theoretical and empirical, suggests that delegation of authority and incentives should have a positive relationship. Using data from a large cross section of British establishments, we show that ...Open AccessWorking Paper