Advances in Economics and Econometrics

This is the second of three volumes containing edited versions of papers and a commentary presented at invited symposium sessions of the Ninth World Congress of the Econometric Society, held in London in August 2005. The papers summarize and interpret key developments, and they discuss future directions for a wide variety of topics in economics and econometrics. The papers cover both theory and applications. Written by leading specialists in their fields, these volumes provide a unique survey of progress in the discipline.

• The 30 most important summative statements of key topics in today’s economics • Written by world-class, internationally known scholars based in North America and Europe • The most rigorous focused analyses of these subjects available anywhere

Contents

1. Empirical models of auctions; 2. Identification in models of oligopoly entry; 3. Empirical models of imperfect competition: a discussion; 4. Recent developments in the economics of price discrimination; 5. Bounded rationality in industrial organization; 6. Price discrimination and irrational consumers: discussion of Armstrong and Ellison; 7. Behavioral economics; 8. Incentives and self-control; 9. Discussion of behavioral economics; 10. Dynamic models for policy evaluation; 11. Microeconometric search-matching models and matched employer-employee data; 12. Discussion of ‘dynamic models for policy evaluation’ and ‘microeconometric search-matching models and matched employer-employee data; 13. Field experiments in development economics; 14. Institutions and development: a view from below.