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:

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…

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

New working paper, 'An Equilibrium Model of Rollover Lotteries,' from Giovanni Compiani (@ChicagoBooth), 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…

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 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?)…

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…

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

🚨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

Demand Estimation with Text and Image Data | Giovanni Compiani, Ilya Morozov, Stephan Seiler
#EconTwitter
cesifo.org/en/publication…

RP opening in Marketing!
Researchers: Pradeep Chintagunta, Giovanni Compiani (Giovanni Compiani), Günter Hitsch (@Guenter_Hitsch), Sanjog Misra, Brad Shapiro (@btshapir), Avner Strulov-Shlain
Institution: Chicago Booth
Deadline: Rolling
bit.ly/48YLdgD

Econ RA Listings

New CEPR Discussion Paper - DP18507
Demand Estimation with Text and Image Data
Giovanni Compiani Giovanni Compiani Chicago Booth, Ilya Morozov Kellogg School, Stephan Seiler Stephan Seiler Imperial College Business School
ow.ly/Eb2650PW6R6
#CEPR_IO

Come work as a pre-doc with faculty in the marketing group at Booth! Multiple positions are open.

Target start date is July 2024, but we can be flexible.

First review is on Oct 16.

More info here: chicagobooth.edu/-/media/facult…

Please share and apply!

🚨🚨 New working paper!!! 🚨🚨
Demand Estimation with Text and Image Data (together with Giovanni Compiani and Ilya Morozov)

papers.ssrn.com/sol3/papers.cf…

We propose a method to include product similarity measured using unstructured data into a demand estimation framework. 1/7

When #cryptomining comes to town: High #electricity use spillovers to the local #economy
Matteo Benetton Haas School of Business, Giovanni Compiani Chicago Booth, Adair Morse Institute for Business & Social Impact
ow.ly/xYHv50PyvFq

New in The Review of Economic Studies: A class of methods for identification and inference in dynamic models with serially correlated unobservables.

By Steven Berry and Giovanni Compiani: economics.yale.edu/research/cfp-1…

Escalating electricity consumption of #cryptomining imposes additional costs on local households & businesses, leading to increased expenses & adverse effects on wages & investments
Matteo Benetton Haas School of Business, Giovanni Compiani Chicago Booth, Morse Institute for Business & Social Impact
ow.ly/FwJQ50Pyuuq

How does mining for crypto impact local energy prices and supply?

Chicago Booth's Giovanni Compiani, Matteo Benetton, & Adair Morse show that cryptomining costs households and businesses millions in higher utility bills just in NY State. Read the research:

NEW: A class of methods for identification and inference in dynamic models with serially correlated unobservables.

By Steven Berry and Giovanni Compiani, in The Review of Economic Studies: economics.yale.edu/research/cfp-1…