Cornell University

During the spring semester, in-person concerts, events and lectures that involve outside guests will not be held, per the university’s COVID-19 travel and visitor policy.

This is a past event. Its details are archived for historical purposes.

The contact information may no longer be valid.

Please visit our current events listings to look for similar events by title, location, or venue.

Joint Public Economics & Applied Microeconomics Workshop: Maisy Wong

Thursday, May 6, 2021 at 11:15am to 12:45pm

Virtual Event

Maisy Wong, University of Pennsylvania

Estimating Preferences for Neighborhood Amenities Under Imperfect Information (joint w/Professor Fernando Ferreira).

AbstractThis paper presents a new framework to estimate preferences for neighborhoods in the presence of individual imperfect information about every amenity in each neighborhood. We estimate the model with data from a new neighborhood choice program that provided information about market rents and same-school network, and collected neighborhood rankings for the same individual before and after receiving information. We find that switchers - who change rankings after the information intervention - increase network shares by 1.46 percentage points and decrease rents by $430. This variation from the panel data of individual rankings is critical to produce a latent quality index that addresses biases arising from imperfect information. Estimates from the neighborhood sorting model reveal a strong negative marginal utility of rents, and a positive marginal willingness to pay of $123 per month to live in a neighborhood with a larger network. Finally, information also influenced residential choices after graduation. 


Dial-In Information

If you are interested participating in this seminar, please email Ulrike Kroeller at for Zoom information.

Google Calendar iCal Outlook
Event Type

Seminar, Class/ Workshop




economics, EconSeminar, EconPublic, EconAppliedMicro

Contact E-Mail

Contact Name

Ulrike Kroeller


Maisy Wong

Speaker Affiliation

University of Pennsylvania

Open To

Cornell Economics Community - List Serve Members