Vertical Integration and Trade Protection: The Case of Antidumping Duties Maya Cohen-Meidan ∗ (2008)
Nick Bloom, Tim Bresnahan, Liran Einav, Fitzjerald Bob Hall
Comments are welcomed This paper analyzes the interaction of trade policy with the vertical structures of foreign firms exporting goods to the United States, focusing on the case of antidumping...
Estimating Risk Preferences from Deductible Choice (2007)
We estimate the distribution of risk preferences using a large data set of deductible choices in auto insurance contracts. To do so, we develop a structural econometric model of adverse selection...
Estimating Risk Preferences from Deductible Choice (2007)
We estimate the distribution of risk preferences using a large data set of deductible choices in auto insurance contracts. To do so, we develop a structural econometric model of adverse selection...
Consistency and Heterogeneity of Individual Behavior under Uncertainty ∗ (2007)
Syngjoo Choi, Raymond Fisman, Shachar Kariv, Jim Andreoni, Dan Ariely, Liran Einav, ...
NYU ∗ Some of the results reported here were previously distributed in a paper titled “Substantive
Caruana, Guillermo, Einav, Liran
We present a dynamic quantity setting game, where players may continuously adjust their quantity targets, but incur convex adjustment costs when they do so. These costs allow players to use quantity...
Uniform Prices for Differentiated Goods: The Case of the Movie-Theater Industry (2005)
Orbach, Barak Y., EINAV, LIRAN
Since the early 1970s, each moviegoer pays at any given theater one price for all movies, seven days a week, throughout the year. This pricing model is puzzling in light of the potential...
Uniform Prices for Differentiated Goods: The Case of the Movie-Theater Industry (2005)
Orbach, Barak Y., EINAV, LIRAN
Since the early 1970s, each moviegoer pays at any given theater one price for all movies, seven days a week, throughout the year. This pricing model is puzzling in light of the potential...
Valuing New Goods in a Model with Complementarities: Online Newspapers,” working paper (2004)
Matthew Gentzkow, Karen Clay, Liran Einav, Gautam Gowrisankaran, Larry Katz, Julie Mortimer, ...
Many important economic questions hinge on the extent to which new goods either crowd out or complement consumption of existing products. Recent methods for studying new goods rule out...
Seasonality and Competition in Time: An Empirical Analysis of Release Date Decisions (2002)
Strong seasonality in demand, a short product life cycle, and the absence of any price competition make the release date of first-run movies one of the main strategic decisions taken by movies ’...
The Effects of Mandatory Seat Belt Laws on Driving Behavior and Traffic Fatalities (2001)
This paper investigates the effects of mandatory seat belt laws on driver behavior and traffic fatalities. Using a unique panel data set on seat belt usage rates in all U.S. jurisdictions, we analyze...
The Effects of Mandatory Seat Belt Laws on Driving Behavior and Traffic Fatalities (2001)
This paper investigates the effects of mandatory seat belt laws on driver behavior and traffic fatalities. Using a unique panel data set on seat belt usage rates in all U.S. jurisdictions, we analyze...
Uniform Prices for Differentiated Goods: The Case of the Movie-Theater Industry (2001)
Einav, Liran, Orbach, Barak Y.
In any given movie theater, all movies are priced the same regardless of their theatrical success and potential and regardless of the general demand conditions. This phenomenon is an extreme example...
Uniform Prices for Differentiated Goods: The Case of the Movie-Theater Industry (2001)
Einav, Liran, Orbach, Barak Y.
In any given movie theater, all movies are priced the same regardless of their theatrical success and potential and regardless of the general demand conditions. This phenomenon is an extreme example...
Guillermo Caruana, Liran Einav
We present a dynamic quantity setting game, where players may continuously adjust their quantity targets, but incur convex adjustment costs when they do so. These costs allow players to use quantity...
What's in a Surname? The Effects of Surname Initials on Academic Success
In this paper, we focus on the effects of surname initials on professional outcomes in the academic labor market for economists. We begin our analysis with data on faculty in all top 35 U.S....
Guillermo Caruana, Liran Einav
We present a dynamic quantity setting game, where players may continuosly adjust their quantity targets, but incur convex adjustment costs when they do so. These costs allow players to use quantity...
The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market
Liran Einav, Amy Finkelstein, Paul Schrimpf
Much of the extensive empirical literature on insurance markets has focused on whether adverse selection can be detected. Once detected, however, there has been little attempt to quantify its...
Equilibrium Demand Elasticities across Quality Segments
Olivier Coibion, Liran Einav, Juan Carlos Hallak
Empirical studies find substantial differences in demand elasticities and associated markups among products of different quality. This paper analyzes the theoretical determinants of such variation....
A Theory of Endogenous Commitment
GUILLERMO CARUANA, LIRAN EINAV
Commitment is typically modelled by assigning to one of the players the ability to take an initial binding action. The weakness of this approach is that the fundamental question of who has the...
Estimating Risk Preferences from Deductible Choice
We develop a structural econometric model to estimate risk preferences from data on deductible choices in auto insurance contracts. We account for adverse selection by modeling unobserved...
Not All Rivals Look Alike: An Empirical Model for Discrete Games with Asymmetric Rivals
Liran Einav (Stanford University)
Strong seasonality in demand, a short product life cycle, and the absence of any price competition make the release date of first-run movies one of the main strategic decisions taken by movies'...
Informational Asymmetries and Observational Learning in Search
As economics modeling moves from super rational decision makers to considering boundedly rational agents, some economic problems deserve a second look. This paper studies the effects of learning on...
Guillermo Caruana, Liran Einav
We present a dynamic quantity setting game, where players may continuously adjust their quantity targets, but incur convex adjustment costs when they do so. These costs allow players to use quantity...
Determinants of international tourism: a three-dimensional panel data analysis
International tourism is a fast growing industry generating half a trillion dollars in annual revenues and accounting for almost 10% of total international trade, and almost half of total trade in...
The Effects of Mandatory Seat Belt Laws on Driving Behavior and Traffic Fatalities
This paper investigates the effects of mandatory seat belt laws on driver behavior and traffic fatalities. Using a unique panel data set on seat belt usage in all U.S. jurisdictions, we analyze how...
MULTILATERAL BARGAINING WITH CONCESSION COSTS
Guillermo Caruana, Liran Einav, Daniel Quint
This paper presents a new non-cooperative approach to multilateral bargaining. We consider a demand game with the following additional ingredients: (i) There is an exogenous deadline, by which...
Estimating Risk Preferences from Deductible Choice
We use a large data set of deductible choices in auto insurance contracts to estimate the distribution of risk preferences in our sample. To do so, we develop a structural econometric model, which...
Liquidity Constraints and Imperfect Information in Subprime Lending
William Adams, Liran Einav, Jonathan Levin
We present new evidence on consumer liquidity constraints and the credit market conditions that might give rise to them. Our analysis is based on unique data from a large auto sales company that...
Discrete choice models of firms’ strategic decisions
Michaela Draganska, Sanjog Misra, Victor Aguirregabiria, Pat Bajari, Liran Einav, Paul Ellickson, ...
Empirical discrete games, Market entry, Discrete choice, Marketing,
Estimating Welfare in Insurance Markets Using Variation in Prices
Liran Einav, Amy Finkelstein, Mark R. Cullen
We show how standard consumer and producer theory can be used to estimate welfare in insurance markets with selection. The key observation is that the same price variation needed to identify the...
Not-so-Classical Measurement Errors: A Validation Study of Homescan
Liran Einav, Ephraim Leibtag, Aviv Nevo
We report results from a validation study of Nielsen Homescan data. We use data from a large grocery chain to match thousands of individual transactions that were recorded by both the retailer (at...
Guillermo Caruana, Liran Einav
We analyze a dynamic model of quantity competition, where firms continuously adjust their quantity targets, but incur convex adjustment costs when they do so. Quantity targets serve as a partial...
Liquidity Constraints and Imperfect Information in Subprime Lending
William Adams, Liran Einav, Jonathan Levin
We present new evidence on consumer liquidity constraints and the credit market conditions that might give rise to them. We analyze unique data from a large auto sales company serving the subprime...
Beyond Testing: Empirical Models of Insurance Markets
Liran Einav, Amy Finkelstein, Jonathan Levin
We describe recent advances in the empirical analysis of insurance markets. This new research proposes ways to estimate individual demand for insurance and the relationship between prices and insurer...