Questions tagged [reference-request]
requests for information about papers, books, or other sources that address a particular economic question or issue.
509
questions
1
vote
0answers
16 views
What are some historical examples of laissez-faire capitalism?
I suspect both supporters and detractors of laissez-faire capitalism have some historical examples in mind that they consider reasonably close to an ideal or to a "natural experiment". (The examples ...
-1
votes
1answer
50 views
Consequences of removing hard currency [on hold]
If an appropriate electronic system were implemented governments would know how much money there is in circulation, who has it and if some illegal transaction has been done.
This measure could help ...
-1
votes
0answers
51 views
Is “laissez faire capitalism” what was practiced in economies before the advent of capitalism? [duplicate]
Is "laissez faire capitalism" what economies were before the advent of capitalism?
2
votes
0answers
19 views
Going from DRMs to Indirect Mechanisms
I have recently started studying mechanism design (after having taken a basic graduate micro course) through Borgers' 'Introduction to the theory of mechanism design'.
I was wondering if people are ...
1
vote
0answers
22 views
Is Bayes correlated equilibrium relevant for dynamic games?
Consider the following classification of solution concepts
...
2
votes
0answers
31 views
How far must one reason up the belief hierarchy?
In games of imperfect information, one must reason about the belief on the state of nature, the beliefs of other player's beliefs of their beliefs, and so on. This is referred to as the belief ...
0
votes
0answers
11 views
Reference Request: The Effect of Wealth in Society
I am new to the subject and I am looking for some help.
It goes without saying that the economy is the center of society, and the theory of economics deals with that, But I am especially interested ...
3
votes
2answers
111 views
Alternatives to Capitalism and Communism
Are there any remarkable economists who have envisioned alternative economic system to the ones previously tried? I'm looking for realistic economic system models and their authors.
1
vote
0answers
14 views
Useful models/theory private debt and borrowed constrained households
In macro oriented research papers the role of private debt is discussed and that apparently when there is a lot of private debt in the economy, households tend to be borrowed constrained..
Could ...
0
votes
0answers
36 views
The world's largest companies
There are several criteria (or key figures) to list the world's "largest" companies, giving quite different lists:
revenue (in \$)
profit (in \$)
assets (in \$)
market capitalization (in \$)
number ...
3
votes
1answer
38 views
Quantity theory of money: microfoundations
The quantity theory of money states the price level is proportional to the amount of money in circulation. That is, if the quantity of money increases by some factor $k$, the price level will increase ...
0
votes
0answers
15 views
The Econometrics of Pay-To-Play In Youth Sports
Question: Are there any econometric theories that are applicable in studying what is commonly referred to as Pay-To-Play, in the world of youth sports.
I want to preface by stating that I am not an ...
0
votes
0answers
32 views
game with payoffs defined by some stochastic process
I am trying to find examples of games that follow a similar line to the following. There are 2 players and the corresponding strategy set is $S_{i} = {x_{1}, ..., x_{m}}$ for $i = 1,2$, with $m > 1$...
1
vote
0answers
13 views
Assessing the ability of dividend yields to predict stock returns using out-of-sample forecast errors
In Introduction to Econometrics, 3rd Edition, by Stock and Watson, there is a short example about evaluating the ability of using dividend yields (current dividends over price) to predict future stock ...
2
votes
0answers
24 views
Estimating CES utility (not production) function parameters
The CES utility function has the form
\begin{equation}
u(x_1,\dots,x_n)=\left[\sum_{i=1}^n\alpha_ix_i^\rho\right]^{1/\rho},
\end{equation}
where $\alpha_i$ is the consumption share parameter and $\...
0
votes
0answers
16 views
Predicting long term asset returns
I am currently trying to form an overall asset allocation strategy which combines base strategic allocation and tactical shifts. My model already incorporates the tactical shifts using various factors ...
1
vote
0answers
18 views
Is There a Good Companion for Theory of Moral Sentiments
I am reading "The Theory of Moral Sentiments" by Adam Smith. There's a lot of technical, and/or dated language. Is there a good companion to read this with?
0
votes
0answers
13 views
Related Literature about Exports
I am working on my master thesis, where I investigate the impact of the Russian embargo on Georgia's exports. I have already identified my dependent variable, as well as the variables of interest. ...
0
votes
1answer
23 views
Utility functions of countries
In international relationships, often the interacting agents are countries. For example, countries negotiate, sign agreements, give loans to each other, trade, etc. Thus it is interesting whether ...
0
votes
0answers
19 views
Household utility functions
In basic consumer theory, there is an individual consumer who has a utility function, this function induces the individual's demand (given budget and prices), and this in turn determines the ...
1
vote
0answers
46 views
Independence Axiom for Linear Utility - Who proved this first?
Who first proposed the following axiomatization of linear utility using Independence? I remembered that it was Debreu but I am not so sure. What was the first paper proving this?
Consider a ...
1
vote
0answers
19 views
Reference Request for Planned Economies
I'm asking this board for resources and figures on the Soviet command economy, specifically good places to start.
I understand this question has political connotations, and that there are claims of ...
4
votes
1answer
46 views
Is there any mainstream criticism of the Benes-Kumhof conclusion that the Chicago Plan would improve the US economy nowadays?
A 2012 IMF Working paper by Benes and Kumhof "The Chicago Plan Revisited
" has this abstract, finding in favor of the Chicago Plan an all counts basically:
At the height of the Great Depression a ...
0
votes
0answers
21 views
What are the hot topics (sub-fields) in the International-trade to pursue for the research work?
I am interested in trade economics. Suggest me some hot topics and authors in the field. Different dimensions of trade economics. Use of game theory, networks etc.
2
votes
0answers
52 views
Are there any studies, academic papers or articles that defy “common” knowledge", i.e that patents give an incentive for R&D to private business?
In Economic Growth and particularly dynamic optimization. My professor taught us that an intertemporal allocation is a dynamic optimum(Pareto Optimum) only if(necessary condition) at any given ...
1
vote
0answers
17 views
Do you know any paper that discuss the effect of the deterrence of fines of individuals' behaviours? What is the difference between a fine a fee?
According to Gneezy and Rustichini the presence of an extrinsic reward in activities with a level of intrinsic motivation (e.g. volunteering) reduces intrinsic motivation, thus it may determine ...
0
votes
2answers
24 views
Where can I find the data for income, equity, assets and sales of a company that is presented in terms of U.S. and outside of US.?
I need to find the income, sales, equity and assets of Microsoft, Google and Apple for U.S. and outside of U.S. I see these information in the income stamens as a whole. But I need to know how much it ...
1
vote
1answer
55 views
Gapminder and OurWorldInData [closed]
I have found two great resources to learn about the distribution of goods (of any kind) all over the world:
gapminder (Hans Rosling)
ourworldindata (Max Roser)
By reading their "about" sections they ...
1
vote
0answers
17 views
Are there political economy models that include a “majority capture” of (protectionist) trade policy?
A highly cited model of protectionism is the "protection for sale" model or Grossman and Helpman. (For an [updated] evaluation of that model see for instance the Advanced International Trade textbook ...
5
votes
1answer
89 views
What is the game theory of retaliatory trade tariffs?
Suppose no tariffs, or negligible tariffs, exist between nations A and B, and suddenly A introduces substantive tariffs on certain products A imports from B. In theory, this could lead to B and A ...
2
votes
1answer
34 views
Obligations of a company
Any company may "feel" obligated towards several parties at once:
its shareholders
its employees
its customers
its partner companies (sub-contractors and suppliers)
its country and social environment ...
3
votes
2answers
71 views
Will the third Heathrow runway fill up within 25 years?
From a Wired article published 9 June 2018 about the proposed third Heathrow Airport runway:
But Warnock-Smith1 warns that Heathrow will eventually fill up again unless air travel is redistributed ...
0
votes
0answers
17 views
microeconomic model of software agents?
I am wondering whether there is a microeconomic analysis of software agents.
There seem to be parrallels between software agents, or more generally, programs, and topics in economics:
principal ...
7
votes
1answer
81 views
Robust asymmetric information?
Bergeman and Morris (2014) explain how the concept of Bayesian Correlated equilibrium contains all the robust predictions in games of incomplete information. In particular, their question is what are ...
5
votes
1answer
475 views
First paper to introduce the “principal-agent problem”
The principal-agent problem is to some extent an intuitive thing that even ancient kings must have thought about.
But what is the first journal paper that has introduced the term "principal" and "...
1
vote
0answers
10 views
Have any economics papers used unified cure models?
Does anyone know if there are unified cure models (aka split population models) in time-until-employment studies that combine the mixture cure approach with the promotion time approach as described in ...
0
votes
0answers
14 views
Macro economics drivers in supply chain
I am working on building a sentiment indicator for companies and investors in the supply chain. I am looking for interesting research on the macroeconomic drivers in the global supply chain (...
3
votes
1answer
76 views
Synthetic Control Method
I need to study Synthetic Control Method for my term paper. So can anyone suggest some book/literature from where I can study Synthetic Control Method on my own?.
2
votes
0answers
57 views
Greek mathematics' application in the early economic theories
I am writing about the development of mathematics in the Ancient Greece as an assigment and I have to include its relation with economics. However, I lack of sources for this topic and I only found ...
4
votes
0answers
52 views
Examples of Analysis of Competition in a Latent Product Characteristic Space
Competition between firms offering heterogenous products is often an exercise of constructing the right kind of spatial model.
There is the famous Hotelling model and many other papers that model ...
6
votes
1answer
57 views
Intermediate Case of Bertrand and Cournot
I am wondering whether there is a model of oligopolies in which we have some intermediate case of Bertrand and Cournot competition. What I do not mean by "intermediate" is the mixed Bertrand - Cournot ...
1
vote
1answer
19 views
What do they mean by “bottom line” and why did US IRS turned back 810 millions to IBM? and what do they mean by “unspecified “ layoffs?
In the quarter ended in March, IBM’s revenues rose by 5.1 percent to \$19.1 billion, and its gross profits were up by 6.1 percent to \$8.25 billion. There were a whole bunch of things that affected ...
0
votes
0answers
29 views
Reading List for economics undergraduate
I am an undergraduate students currently studying architecture. This is might sound absurd but I am very much interested in economics since a very young age. I would like to know what textbooks do ...
0
votes
1answer
38 views
cournot competition with strategic consumers
I am not familiar with economics but does anybody know any reference about cournot competition with strategic consumers?
In other words, is there any known competition where both producer and ...
1
vote
0answers
16 views
Dominated lotteries in CPE
I have been looking into expectation-based loss aversion following Kőszegi-Rabin (2005, 2007). In particular, I find their choice-acclimating personal equilibrium (CPE) interesting, but it has a ...
7
votes
4answers
97 views
Game Theory Book
I am looking for a book on game theory, but I am not looking for a textbook. What I am after is more of a narrative form book that still provides valuable insights about game theory that I can pick up ...
3
votes
0answers
21 views
Are modern conglomerate mergers better or worse for economic competition?
Modern conglomerate mergers differ from those from decades ago as, even though they takeover smaller companies, they have a more narrow focus on related business and, in order to be successful, have ...
4
votes
2answers
299 views
Questions of the type “What do you think other people would think?”
For a study in the adoption of new technology, a student and I are developing a questionnaire that will poll domain experts on their opinions of what their colleagues would think about benefits/...
3
votes
2answers
136 views
“The citizens know their own utility functions better than the politicians”
In informal discussions about public policy, I often hear the claim that the government should not intervene in a certain way, because the citizens know what is good for them better than the ...
2
votes
1answer
38 views
The impact of news in the stock market?
I am currently working on a large sample of textual data from news articles. I was just wondering whether there exists any studies which tries to explain the market anomaly known as "The-Day-Of-The-...
