Boli Xu is an Assistant Professor of Economics at the Tippie College of Business. He will be discussing "Reserve Price Signaling with Public Information: Evidence from Online Auto Auctions."

Abstract: This paper considers an auction model in which a seller’s choice of reserve price signals her private information about the object’s quality. We show that the signaling incentive would lower the seller’s payoff and the probability of sale. We estimate the model using a novel dataset from a large...

Join us to hear from Yi Hao, University of Iowa. The Clarence Tow Lectures in Finance Series brings high-profile researchers to Tippie College of Business to present to an audience of faculty, PhD students, and researchers from around the University of Iowa.

Join us to hear from Huiyi Guo, Texas A&M University, presenting, "Learning by Consuming: Optimal Pricing for a Divisible Good". 

Abstract
We study the revenue-maximizing mechanism when a buyer’s value evolves because
of learning-by-consuming. The buyer chooses the initial consumption based on his rough
valuation. Consuming more induces a finer valuation estimate, after which he determines
the final consumption. The seller faces the tradeoff that selling more initially makes selling
the...

Join us to hear from Martin Grace, Temple University. The Clarence Tow Lectures in Finance Series brings high-profile researchers to Tippie College of Business to present to an audience of faculty, PhD students, and researchers from around the University of Iowa.

Join us to hear from Daniel Bauer, University of Wisconsin. The Clarence Tow Lectures in Finance Series brings high-profile researchers to Tippie College of Business to present to an audience of faculty, PhD students, and researchers from around the University of Iowa.

Gautam Gowrisankaran is a Professor of Economics at Columbia University, Research Associate at the National Bureau of Economic Research, Research Fellow of the Centre for Economic and Policy Research, and Professeur afilié at HEC Montréal.