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Toomas Hinnosaar

@toomas.hinnosaar.net

Associate Professor @uoneconomics.bsky.social. Member @unet.bsky.social, @uoncedex.bsky.social, @cepr.org. https://toomas.hinnosaar.net/

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31.10.2023
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Latest posts by Toomas Hinnosaar @toomas.hinnosaar.net

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πŸ“’ Next UNET Seminar: Jan Knoepfle (QMUL)
πŸ“… Tue 10 Mar, 14:00–15:00
πŸ“ C43, SCGB (@UoNEconomics) + MS Teams
πŸ“ β€œWho and How? Adverse Selection and Flexible Moral Hazard” (w/ Henrique Castro-Pires & Deniz Kattwinkel)
πŸ“„ arxiv.org/pdf/2506.12979

05.03.2026 11:42 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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πŸ“’ Next UNET Seminar (joint w/ Senior Academic Seminars): John Vickers (Oxford)
πŸ“… Tue 3 Mar, 14:00–15:00
πŸ“ A39, SCGB (@UoNEconomics) + MS Teams
πŸ“ β€œMultibrand Price Dispersion” (w/ Mark Armstrong)
πŸ“„ mpra.ub.uni-muenchen.de/127017/1/MPR...

26.02.2026 14:41 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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πŸ“’ Next UNET Seminar by Mariann Ollar (NYU Shanghai)
πŸ“… Thursday, 11 Dec 2025, 14:00–15:00
πŸ“ Room C43, Sir Clive Granger @uoneconomics.bsky.social + MS Teams

The paper is on "Incentive Compatibility and Belief Restrictions"
πŸ”— sites.google.com/site/omariann/

03.12.2025 14:44 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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πŸ“’ Next UNET Seminar already on Monday!
Bhaskar Dutta (University of Warwick)
πŸ“… Monday, 17 Nov 2025, 14:00–15:00
πŸ“ Room C43, Sir Clive Granger
@UoNEconomics + MS Teams

The paper is on "Peer Selection with Friends and Enemies"
πŸ”— profiles.warwick.ac.uk/ecsfd-bhaska...

15.11.2025 23:00 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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πŸ“’ The next UNET seminar: In-Uck Park (University of Bristol)
πŸ“… Tuesday, Oct 28, 2–3 pm
πŸ“ Room C43 @uoneconomics.bsky.social + Teams
In-Uck presents β€œSelling Information for Bilateral Trade” (with Robert Evans)
πŸ”— inuck-park.com

23.10.2025 11:08 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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It's the first day of the new term at the University of Nottingham and the first post on Bluesky from the School of Economics πŸŽ“

Wishing all those that are joining us today a fantastic year ahead on what we hope you will come to agree is a beautiful campus πŸ‚

#WeAreUoN #Economics #Autumnvibes

22.09.2025 14:57 πŸ‘ 9 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Well done to @lucasdemelo93.bsky.social for passing his PhD viva!

Congratulations from all of us in @uoneconomics.bsky.social 🍾

13.10.2025 09:04 πŸ‘ 4 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
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The next UNET seminar: Eyal Winter
πŸ“… Tuesday, Oct 21, 2–3 pm
πŸ“ Room C43 @UoNEconomics + Teams
Eyal presents β€œOrganizing negative externalities among consumers” (with Alex Gershkov)
πŸ”— www.lancaster.ac.uk/lums/people/...

15.10.2025 14:58 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Great prize. Of course, I'm personally especially happy for Joel Mokyr from @NUEconomics. Congratulations!
www.nobelprize.org/prizes/econo...

13.10.2025 10:10 πŸ‘ 5 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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The UNET seminars continue!
πŸ“… Tuesday, Oct 14, 2–3 pm
πŸ“ Room C43 + online
Our next speaker is Mehmet Mars Seven (@mehmetmars7.bsky.social, King’s), presenting β€œElo performance in sports.”
πŸ”— kcl.ac.uk/people/mehmet-ismail

08.10.2025 16:58 πŸ‘ 2 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

The first chance to see the presentation:
bsky.app/profile/unet...

04.10.2025 11:28 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Trailer: Collusion without Patience

04.10.2025 11:28 πŸ‘ 4 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0
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The UNET seminars are back!
πŸ“… Tuesdays, 2–3 pm
πŸ“ Room C43 + online
The first talk is "Collusion without Patience" on Oct 7 by Toomas Hinnosaar (@toomas.hinnosaar.net), joint with Jacopo Bizzotto.
toomas.hinnosaar.net

02.10.2025 15:24 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 1
Map of Walmart Supercenter locations in North Dakota and neighbouring states.

Sunday morning store closures impose significant costs on consumers, but supporters of such β€˜blue laws’ argue these rules protect workers, family life, and small retailers. This column uses GPS data to study the effects of lifting North Dakota’s strict Sunday morning retail ban in 2019. After the repeal, Sunday morning visits to Walmart stores rose sharply, reducing cross-border travel and shifting shopping to preferred times and stores. The consumer welfare loss from the ban was equivalent to an extra 1.4 miles (2.25 km) per shopping trip, highlighting a trade-off between a day of shared rest and consumer flexibility.

Map of Walmart Supercenter locations in North Dakota and neighbouring states. Sunday morning store closures impose significant costs on consumers, but supporters of such β€˜blue laws’ argue these rules protect workers, family life, and small retailers. This column uses GPS data to study the effects of lifting North Dakota’s strict Sunday morning retail ban in 2019. After the repeal, Sunday morning visits to Walmart stores rose sharply, reducing cross-border travel and shifting shopping to preferred times and stores. The consumer welfare loss from the ban was equivalent to an extra 1.4 miles (2.25 km) per shopping trip, highlighting a trade-off between a day of shared rest and consumer flexibility.

After a repeal of North Dakota's Sunday morning retail ban, morning visits to Walmart stores rose sharply, reducing cross-border travel & shifting shopping to preferred times and stores.
J Donna, @marit.hinnosaar.net @toomas.hinnosaar.net @andre-trindade.bsky.social
cepr.org/voxeu/column...
#EconSky

12.09.2025 08:18 πŸ‘ 6 πŸ” 5 πŸ’¬ 0 πŸ“Œ 0
Preview
The Limits of Limited Commitment (Forthcoming Article) - We study limited strategic leadership. A collection of subsets covering the leader’s action space determines her commitment opportunities. We characterize the outcomes resultin...

Forthcoming in AEJ: Microeconomics: "The Limits of Limited Commitment" by Jacopo Bizzotto, Toomas Hinnosaar, and Adrien Vigier. www.aeaweb.org/articles?id=...

22.05.2025 13:10 πŸ‘ 10 πŸ” 3 πŸ’¬ 0 πŸ“Œ 0
Centre for Competition Policy High quality independent research into competition policy and regulation

Call for papers, 4th UK Workshop on Digital Economics, London 28 November 2025: competitionpolicy.ac.uk/events/4th-w... This is always a great event

25.07.2025 09:43 πŸ‘ 20 πŸ” 14 πŸ’¬ 0 πŸ“Œ 0
Shop open sign

Shop open sign

This paper examines the effects of deregulating store opening hours, specifically focusing on North Dakota's repeal of its Sunday closing law in 2019.
spkl.io/63326A1iQu
@marit.hinnosaar.net @andre-trindade.bsky.social @toomas.hinnosaar.net

22.07.2025 15:00 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Multiplication result

Summer 2025 reality check for those who rely on LLMs for help with math and logic: chatgpt.com/s/t_6880b52a...
I tested four models, all gave wrong answers (ChatGPT (4o), Gemini (2.5flash), Perplexity, DeepSeek). For some other numbers, the answers were correct.

23.07.2025 10:18 πŸ‘ 4 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
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Our final UNET seminar of the year is on May 20th by Rossella Argenziano (University of Essex), and she will present "Data governance with vulnerable individuals" (with Francesco Squintani). As usual, it is from 3-4pm in C43 and on Teams.
sites.google.com/site/rargenz...

15.05.2025 09:30 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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I think people don’t yet realize that the new Pope might prefer Chicago-style pizza over Italian pizza.

09.05.2025 17:14 πŸ‘ 8 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
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The speaker for the next week's UNET seminar on Tuesday (May 6) from 3-4 pm at C43 and on Teams is Gianni De Fraja (Nottingham). He presents "Discrimination spillovers, glass ceilings and pay gaps" (with Jozsef Sakovics)
sites.google.com/site/giannid...

30.04.2025 08:36 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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The speaker for the next UNET seminar on Tuesday (April 29) from 3-4 pm at C43 and on Teams is Martin Cripps (UCL). He presents a paper, "The asymptotic cost of complexity".
sites.google.com/site/mwcripp...

24.04.2025 17:47 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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The speaker for the next UNET seminar on Tuesday (April 15) from 3-4 pm at C43 and on Teams is Larry Samuelson (Yale). He presents a paper, "Delegated Bidding".
sites.google.com/site/larryat...

11.04.2025 08:56 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Trump Risks Historic Economic Damage | Musk Crushed In Wisconsin | Sen. Booker's Marathon Speech
Trump Risks Historic Economic Damage | Musk Crushed In Wisconsin | Sen. Booker's Marathon Speech YouTube video by The Late Show with Stephen Colbert

"For every economist, there is an equal and opposite economist." - John N Kennedy
Has anybody met my equal and opposite economist? What about yours?
youtu.be/zJepmdxrf7Q?...

03.04.2025 09:26 πŸ‘ 3 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Congratulations to @marit.hinnosaar.net and @aggraziano.bsky.social on their promotion to Associate Professors! Well done, @uniofnottingham.bsky.social !

02.04.2025 09:42 πŸ‘ 14 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
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Our next UNET seminar is on Tuesday (March 25) from 3-4 pm at C43 and on Teams. @fgiovannoni.bsky.social (Bristol) presents "Pricing Novel Goods" (with @toomas.hinnosaar.net ). sites.google.com/site/frances...

19.03.2025 23:13 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Our next UNET seminar is on Tuesday (March 18) from 3-4 pm at C43 and on Teams. Mikhail Safronov from @Cambridge_Uni presents "Strategic renegotiation in repeated games" (with Bruno Strulovici).
www.caths.cam.ac.uk/directory/dr...

12.03.2025 18:15 πŸ‘ 3 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Our first UNET seminar in 2025 is on Tuesday (March 4) from 3-4 pm at C43 and on Teams. Jack Fanning (Brown University) presents "Searching for surplus"
sites.google.com/a/brown.edu/...

01.03.2025 16:23 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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A deep joke by DeepSeek?

28.01.2025 22:30 πŸ‘ 11 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

The result? All three could solve Gemini’s and DeepSeek’s problems, but only DeepSeek solved ChatGPT’s! Impressive.

28.01.2025 18:25 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0