🚨Econ Market Applicants: Chicago Booth Marketing has an open job ad. While most of our hiring is in the marketing job market in summer, we keep the ad open in case there is a great opportunity. Apply if you think it might be a fit! EOE/Vet/Disability apply.interfolio.com/124836

Newly Accepted Articles 10/23 (5 of 5) "Online Search and Optimal Product Rankings: An Empirical Framework" by Compiani, Giovanni; Lewis, Gregory; Peng, Sida; Wang, Will Giovanni Compiani Greg Lewis

Articles in Advance 12/23 (6 of 8) "Online Search and Optimal Product Rankings: An Empirical Framework" by Giovanni Compiani, Gregory Lewis, Sida Peng, Peichun Wang Giovanni Compiani Greg Lewis doi.org/10.1287/mksc.2…

New paper drafted about retail investment decisions under uncertainty. In the past, I had largely thought of uncertainty as being market-specific (is this neighborhood good or not for a restaurant?)…

The organizing committee (myself, Avner Strulov-Shlain and Alina Ferecatu) is excited to announce the 2024 Program of Behavioral IO and Marketing Symposium.  biomsymposium.org/2024-program/ Conference: May 16-17, Ann Arbor Registration is open on the conference website.

New working paper, "An Equilibrium Model of Rollover Lotteries," from Giovanni Compiani (Chicago Booth), Lorenzo Magnolfi, and Lones Smith. ow.ly/nHmq50QX2Q2

Tune in to the eQMS seminar tomorrow (careful with the time difference to the US this week!). I will be presenting new work with Giovanni Compiani and Ilya Morozov on "demand estimation with text and image data". sites.google.com/view/euro-quan…

Short thread on new working paper, “The Economics of Rollover Lotteries," from Chicago Booth's Giovanni Compiani, Lorenzo Magnolfi, and Lones Smith:

Sylvain Catherine This plot is consistent with our paper: We claim the expected loss is a price of the lottery ticket "thrill" -- which includes dreaming about getting rich. The poor surely value that dream more. PS Jackpot rollovers shift supply, and help identify demand. papers.ssrn.com/sol3/papers.cf…

Happy to say I'm starting on as a Co-Editor at QME Public Editor. I think it is a great journal that has published many high quality influential papers at the intersection of quantitative marketing and economics, so I'm really excited to be a part of it. A few thoughts:

💡⭐️Take a look at the year's fantastic line-up of the Structural Microeconometrics Workshop at the Barcelona School of Economics #SummerForum, organized by Joan Llull (Econ) and myself.

The Chicago Booth marketing group is hiring on the regular marketing job market cycle this year. Please apply! We will begin reviewing applications on July 8. apply.interfolio.com/145121 EOE/Vet/Disability

We have a beautiful literature on experiments with interference between units but what if there’s interference between experimenters? Estimands change and in a way we can understand and unpack. I hope you enjoy this one! 😊

🚨📜CALL FOR PAPERS 📜🚨 Send us your best work using non-standard data (e.g., unstructured data, clickstreams, data from genAI) to learn about consumer preferences. More details below.

For those attending #ASSA2025, come to our session on ML/AI + unstructured data (e.g., text and images). We'll have a couple of papers on the econometrics of it, and I'll talk about incorporating this type of data in demand estimation. It's Sunday Jan 5 at 10:15 AM.

Just a reminder that applications for our funded, joint Department of Economics, Oxford-Competition & Markets Authority PhD are due in less than a month. Please drop me or Howard Smith a message if you have any questions!

An updated version of "Demand Estimation with Text and Image Data" with Giovanni Compiani (Giovanni Compiani) and Ilya Morozov is now available online: papers.ssrn.com/sol3/papers.cf… We also make the full code pipeline available here: github.com/deep-logit-dem…

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Tomorrow !!! A new Super Seminar at #AMLEDS "Demand Estimation with Text and Image Data" by Giovanni Compiani (Chicago Booth) moderated by L. Nesheim 👇 #econtwitter #machinelearning Central Bank Research Association Bank for International Settlements European Central Bank Research Banco de España Research Richard Baldwin CEPR NBER Ludwig Straub AMLEDS