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Questions tagged [reference-request]

requests for information about papers, books, or other sources that address a particular economic question or issue.

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Textbooks addressing MDP's in microeconomics/game theory/decision theory?

I have learned about the MDP formalism in the context of machine learning. I know that micro theorists also study MDP's, and agent behaviour in this context (both single and multi-agent I think). I ...
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Which blogs do you recommend for an easy way to start publishing? [on hold]

I discovered an interesting idea today, but I don't have enough time to turn it into a journal article. I would like to get my idea typed up though, and put on a blog, so that others can see it. And, ...
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reference request: models of how racism or sexism affects decision making

My background is more in statistics and applied math, so I am not familiar with the breadth of decision making models from economics. However, I am working on a project that involves decision making ...
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Reference recommendation on the causal relationship between family size and children's educational attainment, or the quantity-quality trade-off

I am currently reading both Poor Economics and Factfulness, and two seemingly contradictory statements jump out at me. From Factfulness, and I am kind of taking this statement out of context, but it ...
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Review papers on Momentum Investing critiquing model overfitting and data methods

I am reading Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk and the author cites numerous papers with experiments regarding momentum investing strategies. One ...
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Collapse of Lehman Brothers: What did they have in their books?

What kind of products did Lehman Brothers have on their books that caused the collapse? Do we have access to data on this topic?
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Two formulations of the continuity axiom in Expected Utility Theory

MWG state the continuity axiom as follows: C1. $\succsim$ is continuous if for all $L,L',L''$, the two sets below are both closed: \begin{align} S&=\{\alpha\in[0,1]:\alpha L+(1-\alpha)L''\...
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Name of a certain economic fallacy

I remember seeing a fallacy mentioned concerning the different valuations you put on something just because you own it. I would like a link to the discussion of that fallacy. Thanks.
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Which authors have cited the Wealth of Nations to support their non-academic viewpoints (e.g., privatizing schools or supporting unschooling)?

In "Book 5" of the Wealth of Nations there is a section called "Art. II. Of the Expense of the Institutions for the Education of Youth." This section strongly criticizes universities and schools in ...
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Any good lecture notes that shows the

properties (with proofs) of Indirect utility function, Walrasian/Marshallian demand, Expenditure function, and Hicksian demand in a succint manner? I've been reading them from MWG so far.
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Economics of clubs(sport gym, language course, etc)

I am looking for economic research, theory or empirics, on production/profit maximization/competition for firms producing goods with network effects, such as clubs in which every one's utility depends ...
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What are some good advanced level textbooks on public economics?

I'm taking a public policy course and the textbooks that were recommended for the course are way out of sync with the course material. These are: Gruber, Public Finance and Public Policy Stiglitz, ...
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Proving the existence of Nash Equilibrium using alternate approaches

Most of the standard books/papers/reading materials prove/state the existence of a Nash Equilibrium by appealing to Sperner's Lemma, or to Brouwer's/Kakutani's FPT. However, I've recently come to know ...
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Applications of Pure Mathematics in Economics

Are there any applications of number theory and abstract algebra in economics? An economist had told me that number theory had an application to a theorem in economics, however he did not remember ...
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Any examples of non-parallelism making Diff-in-Diff estimation biased?

The key assumption in a Differences in Differences design is that both the control and the treatment group have parallel tendencies, that is, they'd follow similar paths over time if there was no ...
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Literature on the effects of third-party certification on industrial dynamics?

Is there any comprehensive theoretical studies on how third-party certification adoption may affect industrial performance/dynamics of an industry?
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what is the most comprehensive History of Economic Thought book for an undergrad?

Which Book or books would you recommend for an undergrad to learn about the history and evolution of economic thought and theory, and why? There Just so many of them out there and I just don't know ...
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1answer
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advanced mathematical treatement of revealed preference and utility theory?

I am looking for a textbook that treats revealed preference and utility theory much more thoroughly than does Mas-Collel. What would be suggestions for this? Specifically I'm interested in conditions ...
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Weighted voting: Vote of representative weighted by number of election votes

I was wondering if there is any literature on voting systems where voters elect representatives, and in the representatives' assembly the vote of each representative is weighted by the number of votes ...
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Publishing fixed and random effects in one model

I am a health economist working with panel data for a paper I am working on, I use Hausman tests to determine if I should use fixed or random effects estimators in my analysis. For some outcomes ...
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Are there empirical studies that quantify shoe-leather or menu costs?

Two theoretical arguments why a high level of inflation is bad (e.g. for growth) are: shoe-leather cost: keeping lower money balances when inflation is high (implying more frequent trips to the bank/...
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Models of a Planned Economy

Are there any mathematical models of a planned economy like in the soviet union? Specifically id like to know how we would model 5 year plans. Do any exist?
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Are there any experiments about financial games with just one player?

I was wondering if there are any experiments of financial games (laboratory games under controlled circumstances like Plott and Sunder's Rational Expectations and the Aggregation of Diverse ...
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Has any research found that automation will decrease inequality?

A paper by IMF researchers (but not an official position of the IMF) has found that automation will lead to higher inequality under all scenarios they considered. Even in the scenario where robots ...
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Long term effects of open technology through makers and fablabs

Are there studies on open technology effects, not just open source code but open hardware as well? For example, there is a community working on a 3D metal and glass printer to print solar cells and ...
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1answer
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Does mathematical education imply a better salary?

In some sense this is a follow-up to Correlation between salary level and housing prices in a town There I was reminded to ask for causality, not correlation. I am interested in the causal effect of ...
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Research community around logistics micro-economic topics?

Is there the equivalent of a Rand Journal of Economics for the topic of logistics, focusing on the micro-economics of productivity gains via automation or disruptive technologies. There is the ...
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Economic history/geography of the UK (1960-today)

I am not an economist and I am looking for reference knowledge about how the economy of the UK (mainly focussing on England/Scotland/Wales) developed over the past 5 decades. The kind of information I ...
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1answer
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Articles about the economics of non-compete contracts

Today I read in a non-scientific article that Amazon requires some physical workers to sign non-compete agreements. I used to think that the idea behind allowing non-compete clauses in contracts is to ...
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The use of preference relations in choice theory and the $\succsim$ symbol

At least as from Edgeworth and Pareto we think about utility in mathematical terms. My question twofold (i) about the start of the usage of binary relations to model preferences in economics, and ...
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Commodity price and production data

I am doing some modeling and need some data. First I would like to get some data on commodity prices, ideally historical price data (but current quotes are fine). For example it would be nice to ...
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Book suggestion related to the subjects of two questions in the yellow box

I have two types of questions as: policy optimality requires that government precommitment to future actions. And the second one: the intertemporal approach to the current account ...
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1answer
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An index of the The Economist's Schools Brief series

I was wondering whether anyone might have an index of the articles that made up the The Economist's Schools Brief series that ran from 1975 to 1999 (with a brief refresh in 2013)? They were an ...
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Model of sales of a new product

I am looking for any popular model to calculate sales of a new product under the assumption that some goodnesses of the product are given. For example, the novelty $N$ and usefulness $U$ of a new ...
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Adaptation of new keynesian model

I'm looking for literature in new keynesian model adaptation to model price shocks. I'm aware of Blanchard, Olivier, and Jordi Gali. 2007. “The Macroeconomic Effects of Oil Shocks: Why Are the 2000s ...
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1answer
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Summary data on venture capital

Is there a trade group, government, or other publication providing data on aggregate venture capital investment? Specifically, I'm interested in how overall venture capital funding has changed over ...
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Easy introduction to Heckscher-Ohlin model

I'm looking for an easy introduction to this model. I have no background in economics at all. A bit of math is ok. I would prefer books, but pdfs are also ok. I searched after a few books, but I think ...
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How to find sequential equilibria and weak perfect bayesian equilibria quickly?

I have read several texts on the nature of sequential equilibria and weak perfect bayesian equilibria (called such by Mas-Colell, also called weak sequential equilibria). I am not looking for ...
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1answer
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Utility Maximisation Subject to Income and Time Constraints

The consumption of economic goods often takes time. Consider, for example: Transport services, eg flights, rail journeys; Leisure goods, eg watching a film, visiting a park. I would like to explore ...
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Rothschild-Stiglitz working paper?

I recently rediscovered Rothschild and Stiglitz's classic paper, "Equilibrium in Competitive Insurance Markets". In footnote 7, they refer to an earlier version of their paper for details on the ...
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1answer
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What are the contents of “Recursive Macroeconomic Theory”

I am trying to self-study macroeconomics. I just read parts of "Advanced Macroeconomics" by Romer, and found it a good, intuitive introduction to more advanced models (I have also read a more basic ...
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Book summarizing microeconomic behavior of specific industries?

One of my upper level econ classes was called Government and Business We basically looked at how public policy affected firm, and industry performance - as well as the market process as a whole. ...
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Philosophy books for decision theory and economics idea

I have learned economics so far, the most astonishing economics' thing is its though which is talkable and visually in the real world or the abstract world that is worth researching and talking. What ...
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Social conflicts in economic growth models

I'm highly interested in theories and models which explain how do social conflicts influence economic growth. What papers on the topic can you recommend? I was searching for some seminal and most ...
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Simultaneous consumption tax and subsidy

Suppose the government introduces a simultaneous tax and subsidy on a consumption good, which is produced under perfect competition. If the tax and the subsidy are equal, then there will be no ...
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2answers
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Book recommendations: National income accounting and IS-LM model

Basically I'm interested in solving tricky thought provoking exercises based on National income and on IS LM model. I've read mankiw but it didn't satisfy my needs.
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Is profit margin the same as net profit margin?

I'm quite confused by these two terms because different websites define them differently.
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2answers
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Why would minimum rent under franchise arrangements for McDonald's decrease year by year?

I am working on a project regarding the refranchising strategy of McDonald's and came across this piece of data in their 2014 annual report. My understanding of minimum rent is that its a fixed amount ...
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Competition and welfare - empirical evidence

Consider the following claims: less competitive markets deliver worse outcomes for consumers, less competitive markets deliver lower social welfare, less competitive markets deliver higher prices/...
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1answer
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Original Work for Pareto Refinement of NE under Strategic Form

Just looking to see if anyone has any knowledge of original work for pareto refinement of NE under strategic form. I want to give credit to the refinement in a paper I am writing. I pulled the ...