明德经济学堂——明德经济学研讨会第63期
发文时间:2025-05-12

会议时间:2025年5月14日10:30-12:00

会议地点:明主734

主讲人:周艺艺 纽约州立大学石溪分校经济系终身副教授

主持人:罗茸副教授

主题:Dynamic Search in a Non-Stationary Search Environment: An Application to The Beijing Housing Market


讲座简介:We studies how dynamic changes in the search environment affect consumer search and purchase behavior. We develop a dynamic model that incorporates a non-stationary search environment and propose a feasible estimation procedure to estimate its parameters. We apply our model and estimation procedure to the Beijing housing market, utilizing detailed data on consumers' complete search records. We show that accounting for dynamics is crucial for accurately estimating search costs. Additionally, we find that search environment dynamics have a significant impact on consumer decisions and welfare. Housing supply policies that alter search environment dynamics---by increasing the number of new listings and slowing down price increases---benefit consumers, primarily by incentivizing longer searches, more property visits, and ultimately leading topurchases that yield higher utility.


个人简介:周艺艺是纽约州立大学石溪分校经济系终身副教授、博士生导师,专注于研究产业组织、环境经济学和健康经济学。周艺艺副教授硕士毕业于北京大学中国经济研究中心,博士毕业于弗吉尼亚大学,于2012年加入纽约州立大学石溪分校经济系担任助理教授,2020年晋升副教授,主要讲授Empirical Industrial Organization、Management Economics、Business Strategy 等课程。她的多篇论文曾在The RAND Journal of Economics、International Economic Review、Management Science、Journal of Industrial Economics、Journal of the Association of Environmental and Resource Economist等一流国际学术期刊发表。