6 papers
Valuing Pharmaceutical Drug Innovations
Gaurab Aryal, Federico Ciliberto, Leland E. Farmer +1
We propose a methodology to estimate the market value of pharmaceutical drugs. Our approach combines the event study method with a discounted cash flow model that infers drug value…
Desirable Rankings
Gaurab Aryal, Thayer Morrill, Peter Troyan
We study the problem of aggregating individual preferences over alternatives into a collective ranking. A distinctive feature of our setting is that agents are matched to alternati…
Bridging Quasi-Experimental and Structural Approaches for Robust Evaluation of US Airline Mergers
Gaurab Aryal, Anirban Chattopadhyaya, Federico Ciliberto
We bridge quasi-experimental and structural approaches for robust merger evaluation. First, we show that the difference-in-differences (DiD) equation is the "reduced form" of a str…
The Benefits from Bundling Demand in K-12 Broadband Procurement
Gaurab Aryal, Charles Murry, Pallavi Pal +1
We study a new market design for K-12 school broadband procurement that switched from school-specific bidding to a system that bundled schools into groups. Using an event study app…
Identification and Estimation of Multidimensional Screening
Gaurab Aryal, Federico Zincenko
We study the identification and estimation of a multidimensional screening model, where a monopolist sells a multi-attribute product to consumers with private information about the…
Econometrics of Insurance with Multidimensional Types
Gaurab Aryal, Isabelle Perrigne, Quang Vuong +1
In this paper, we address the identification and estimation of insurance models where insurees have private information about their risk and risk aversion. The model includes rando…