Ilke Onur

A Life Course Perspective on Gender Differences in Cognitive Functioning in India

We examine gender differences in four measures of cognitive functioning among older Indians. We estimate the impact of childhood circumstances, choices in adulthood, and current circumstances on cognitive functioning. Baseline estimates reveal a female disadvantage across all measures. Our most detailed specification suggests that variables over the life course account for female disadvantage in one measure; sizable gaps remain in the others. Predicted cognition gaps are driven by gender differences in characteristics as well as the asymmetric returns to these characteristics. Lower cognitive functioning and higher life expectancy imply a lower quality of life for Indian women in old age.

Interplay between Buy-It-Now price and last minute bidding on online bidding strategies

Sellers and buyers on online auction sites like eBay have the option of setting and executing auction parameters such as auction length, Buy-It-Now price, starting price, reserve price, etc. Understanding why bidders choose to execute the Buy-It-Now price as opposed to submitting a bid at the last minute of an auction helps managers better choose auction parameters and generate more revenue. In this paper, we first study online bidder behavior pertaining to the execution of the Buy-It-Now option as opposed to the last minute bidding strategy on eBay. Consequently, we study the seller’s decision to set a Buy-It-Now option and the amount of it. Our main finding is that a dominant strategy for the seller is to offer a Buy-It-Now option at the beginning of the auction. An early bidder arriving at the auction site is indifferent in choosing threshold Buy-It-Now prices or moving onto the auction and under particular circumstances strategically waiting for the last minutes of the auction to submit a bid. We also provide conditions on the existence of a set of equilibria which predicts the outcome of the game of executing the Buy-It-Now option versus last-minute bidding on eBay.

The gap between self-reported and objective measures of disease status in India

Researchers interested in the effect of health on various life outcomes (such as employment, earnings and life satisfaction) often use self-reported health and disease status as an indicator of true, underlying health status. Self-reports appear to be reasonable measures of overall health. For example, self-assessed overall health has been found to be a reliable predictor of mortality. However, the validity of self-reports is questionable when investigating specific diseases such as diabetes and hypertension. A small and nascent body of research comparing self-reported status on certain diseases with the true status based on clinical diagnoses has found significant gaps. These validation exercises predominantly use data from high-income countries. In this paper, we use survey data from India to compare self-reports of disease prevalence to diagnostic tests conducted on the same individuals. We focus on hypertension and lung disease, two of the primary causes of death in India. We find that self-reported measures substantially understate the true disease burden for both conditions. The attenuation bias from using self-reports is over 80 percent for both diseases, and bigger than estimates from high-income countries. We test and reject the hypothesis that self-reports of the disease status are identical to the true disease status in expectation. We identify characteristics associated with false negative reporting (reporting not having the disease but testing positive for it) for both diseases. The large awareness gap between self-reports and true disease burden indicates multiple deficiencies in India’s public health policy. The survey data depicts limited access to medical facilities, high levels of health illiteracy, low rates of health insurance, and other barriers related to poverty and lack of equity in the delivery of health services. These factors prevent timely intervention for managing health and controlling disease, invariably leading to morbidity and often to premature death.

Competition, Endogeneity and the Winning Bid: An Empirical Analysis of Ebay Auctions

Using a dataset of Texas Instruments (TI) calculator auctions on eBay, we estimate the impact of the number of bidders on the winning bid. We highlight the possible endogeneity associated with using the number of observed bidders. We tackle this problem by employing approaches involving instrumental variables. We introduce a novel instrumental variable, the closing interval between successive auctions. Estimates from the two-stage least squares (2SLS) regression are over three times those from an ordinary least squares (OLS) regression.