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Essays on Social Demand Estimation: Evidence from CAPS and Steam
This dissertation examines the role of peer influence on the demand decisions made by socially connected consumers within markets for household investment and digital video games. In both applications, novel and rich data provides visibility into demand outcomes and the evolution of social networks, allowing for the estimation ...
Essays on Bristol Bay Sockeye Salmon Commercial Fishery – Management Policies and Pricing Mechanism
This dissertation consists of three manuscripts studying management policies and ex-vessel pricing mechanism observed in the world’s largest wild sockeye salmon run – Bristol Bay. For the first manuscript, we develop a comprehensive management strategy evaluation technique to evaluate whether increase in the number of fish ...
Three Essays on Foreign Trade, Offshoring and International Rivalry
This dissertation consists of three essays, covering the topics of foreign trade, offshoring and international rivalry. In particular, Chapter 1 analyzes the strategic capacity allocation of an international oligopoly. Because a line of products shares specific inputs that are fixed in the short run, a multiproduct oligopolist ...
Three Essays in Fisheries Economics
The first chapter of this dissertation examines how the sample of catches used by researchers to construct catch expectations proxies is selected by the fisher. We suggest a full information maximum likelihood procedure that can purge the bias from predictions of catch. We find impacts from spatial policies are underestimated, ...
Essays on the Analysis of Dynamic Games
This dissertation seeks to combine ideas from literature in Machine Learning and the econometric analysis of games, and contributes to the analysis of dynamic competition in the context of high dimensional covariates. Chapter 1 studies new entry and mergers in the U.S. airlines industry and explores how the incentives of ...
Essays on Economic Impacts of Coral Bleaching: Evidence from Indonesia
This dissertation explores the economic effects of the 1998 massive coral bleaching on Indonesian households. The first chapter explores the effects on income and labor-related outcomes among fishery households. Results suggest a 27 % reduction in income in the short run as well as a short-run increase in migration, and ...
How do Small Players Deduce Beliefs about Uncertainty? A Look at Texas Shale Oil Investments
Derivative markets enable firms to eliminate unwanted risk and, thereby, focus on their core competence. We ask whether small firms respond to changes in complex risk structures, using the emerging Texas shale oil industry. Unlike their conventional drilling counterparts, shale oil producers are small, with short production ...
Essays on Corruption and Enforcement
This dissertation examines the role and limits of enforcement in environments where the enforcing party faces issues related to corruption and misreporting. In the first chapter, we construct a principal – agent – auditor model with adverse selection in which the principal optimally allows bribery to occur due to the potential ...
Essays on Machine Learning and Hedonic Models
Chapter 1 and 2: We survey and apply several techniques from the statistical and computer science literature to the problem of demand estimation. We derive novel asymptotic properties for several of these models. To improve out-of-sample prediction accuracy and obtain parametric rates of convergence, we propose a method of ...
Essays on water and energy economics
The preferences and behavior of economic agents is often highly nuanced and heterogenous, having large impacts on the costs and benefits of different methods employed to acheive environmental goals, such as the production of green energy and the efficient allocation of water to residential use. The first chapter of this ...