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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questions with no upvoted or accepted answers
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Lab experiments of labour markets
I have been searching for papers that conduct lab experiments simulating a labour market, that means for a minimum there are both participants taking the role of firms, and participants taking the ...
7
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266
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Has any progress been made on the Pacman Conjecture on Finite Time Horizons?
The Pacman conjecture states that the optimal strategy for monopolistic durable goods manufacturers is to set price high and slowly drop it (i.e. eating their way down the demand curve).
Empirically ...
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Do Human Resources use information on applicants' child rearing effort as a signal
In Spence's Job Market Signaling paper (a non-paywalled version is available here) firms observe applicants' educational investment. From these signals the firms glean information on the "type&...
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Controversy surrounding the Fiscal Theory of the Price Level (FTPL)
I recently started reading a draft of John Cochrane's book on the Fiscal Theory of the Price Level. In the preface he states that the "[...] theoretical controversies are over." However, ...
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Letting clients/guest reserve their space vs keeping space clear so that it is available for people who really need it at the moment
Everybody knows that moment when you are in search for a beach lounger but everything is covered by towels, yet the people who placed them there are untraceable, often back at the hotel or in the town ...
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Game with predatory player (reference request)
I am interested in a multiplayer game where one player gains utility, not just by winning, but by seeing one other player (chosen in advance) lose (or come in last place if the game has an ordered ...
5
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63
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Are charitable donations on someone's behalf generally an effective incentive?
A study done in Sweden on 153 female, would-be blood donors showed
surprising results. The women were divided into three groups–
voluntary donation, paid donation, and paid donation with the
...
5
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Can repeated bidding in an auction make each player's type common knowledge?
In Benjamin Edelman, Michael Ostrovsky, and Michael Schwarz(2007), there's a hand-waving argument to justify their setting as a game of complete information:
we assume that all values are common
...
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Have there been any other attempts to axiomatize/mathematize a model of an economy from the ground up like Debreu's Theory of Value
I'm looking for other attempts to axiomatize/mathematize the model of an economy from the ground up, into a sort of a long-winded general mathematical model, as it is done in Debreu's Theory of Value. ...
4
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40
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Consequence of student debt forgiveness
US government has recently announced student debt forgiveness plan (link). What are the consequences of student debt forgiveness that is discussed in the economics literature, encompassing its effects ...
4
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91
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Perfect Bayesian Equilibium - Application to game with inconsistent beliefs / no common prior
Does the concept of a Perfect Bayesian Equilibrium apply only to incomplete games with a common prior / consistent belief?
In both Bonanno's "Game Theory" and Osborne's "A Course in ...
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Complexity economics and computational economics books recommendation
I'm looking for books in complexity economics and/or agent-based computational economics.
What are some good introductory and advanced books in these fields?
Thanks in advance
4
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Where can I find research on the impact of informal/unregulated suppliers on prices and externalities?
I am looking for research and papers on the impact of informal/unregulated suppliers on market prices and negative externalities. I am particularly interested in the manufacturing sector.
4
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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 ...
4
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1
answer
113
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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 ...
4
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46
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VCG mechanism with a minimum payment threshold
Suppose that we want to find a socially-optimal allocation in the following setting:
There are $n$ firms and $m$ workers.
Each firm $i$ needs one worker and has value $v_i$ for having a worker (any ...
4
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Principal's beliefs in a repeated moral hazard problem
I have a question about models of repeated principal-agent models.
There is this famous piece by Bengt Holmstrom: Moral hazard and observability, 1979, The Bell Journal of Economics.
It presents the ...
4
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91
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References on mathematically rigorous general equilibrium theories
I'm looking for a relatively recent survey on the state of the art for mathematical general equilibrium. I'm especially interested in questions of uniqueness, stability and dynamics. (I'm planing on ...
4
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Don't let me take the last bit
I believe everyone has experienced something like the following once in her or his life :
There is a cake on the table and three people to share it.
The three people each eat a quarter of the cake.
...
4
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Taking a mechanism as given, what goal functions can we implement?
Let $\theta_i$ be $i$'s private information about the state of the world, $\theta \in \Theta$, where $\theta = \times_i \theta_i$. Each agent reports $\hat{\theta_i}$ to a social planner, so that $\...
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Estimates of the global STEM workforce?
I am looking for any recent estimates of the global STEM workforce (STEM = Science Technology Engineering Mathematics, and ideally includes software engineers).
Time series data would be even better, ...
4
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Did a similar property boom take place in another country or throughout history like we have seen in London? If so how did it effect the economy?
The London property market has seen a sharp increase in the average house price. If we go back to the 70's the average UK and average London price were almost the same, however since than the gap has ...
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Papers on Game Theory and the Housing Market
Professor George Fallis in his book "Housing Economics" writes:
(Chapter 4 pg. 78)
The (home)owners will establish a pricing strategy depending on how they believe demanders are behaving; ...
3
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Is there good primer for distributional macroeconomics?
Distributional macroeconomics (for example; works of Ben Moll) seems to be more and more popular these days.
Is there any good primer for student that wants to try to get into this new field? I am ...
3
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104
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Mathematical Prerequisites for Recursive Macroeconomic Theory (Thomas J Sargent, Lars Ljungqvist)
I'm a math grad who is interested in learning more about economics for fun.
Reading through RMT, I saw some interesting math (in chapter 2) around using "invariant functions" to determine ...
3
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Does anyone have any references relating to supermarkets pricing goods to keep CPI down?
On BBC Radio 4's Today programme during the Business News on the 31st August 22, I heard an ex-buyer for a major UK supermarket saying that they always kept a list of CPI goods and they made sure that ...
3
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53
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History of Education Economics
I am looking for an historical overview about education economics covering especially the 20th century, e.g. the randomized experiments beginning in the 1960s or the early as well as recent attempts ...
3
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1
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Interesting example of general equilibrium effects contradicting RCT results
One of the concerns that one can have regarding the use of RCTs for evaluating policies is that while when done in small scales, the RCTs may show the result in one direction, scaling the policies may ...
3
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Safety: Air travel vs. car travel
One sometimes hears that flying is much safer than driving a car, the death/mileage ratio being much lower. This is very plausible, especially in developed countries, and the safety gap widened as ...
3
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53
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How is market share of a firm calculated *in practice*?
As stated in the title: How is the market share of a firm calculated in practice?
By emphasizing "in practice", I'm most interested in the market share figures that show up in companies' ...
3
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33
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Super and sub modular games
I was trying to read up on super and sub modular games. I have started with basic survey papers like the one by Rabah Amir (2005). Research papers assume a lot of common knowledge (the papers that I ...
3
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61
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Order-driven vs quote-driven markets
What is the difference between order driven and quote driven markets? Is there any theoretical microstructure book that gives the intuition behind the types of markets with respect to the orders that ...
3
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618
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Best companion for Mas-Colell Microeconomic Theory textbook
What are the best sources to accompany MasColell Microeconomic Theory textbook in 1st year of MA in economics?
I mean any sources - textbooks, videos, websites, book companions, etc.
And I mean easy ...
3
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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 ...
3
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Resources on the Rotterdam demand system
I've been doing some self study on the Almost Ideal Demand System, and have been hearing a lot about the Rotterdam demand system developed by Henri Theil.
I've been looking for resources on google ...
3
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34
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Ausubel (2004) auction, any implementation?
I'm looking for an implementation of the ascending-bid auction introduced in his 2004 AER paper. More specifically, a market using this framework which either
has been reviewed by other scholars or
...
3
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References? -- Coordination Between Groups
Can anyone provide references for research that focuses on coordination between groups of decision makers rather than within group coordination with individual decision makers? \
Edits given the ...
3
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47
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Has the shrinking of the American household improved or diminished household welfare?
Over the last fifty years U.S. average household size has declined dramatically. When making within-year comparisons of household income, it is regarded as good practice to adjust for adult-equivalent ...
3
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Analyses of the paradox of voting — given that close elections are usually disputed?
In the standard analysis of the paradox of voting, votes are pivotal only in two scenarios (exact tie or win by 1).
But in reality, vote counting is difficult and messy. And in reality, close ...
3
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References for estimating lifetime earnings lost due to caregiving (health economics)
I am working on a project on the productivity costs for caregivers of people with Disease X, a degenerative disease that affects mobility over time. I am looking for references, either scholarly ...
3
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359
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A theoretical/mathematical approach to cost-benefit analysis and cost-utility analysis in health economics
I am looking to get some resources looking at health economics from a pure mathematical point of view, ie developing models using partial differential equations or complex analysis.
In particular, I ...
3
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Causes of upward trend in median first marriage age in USA?
I found a chart here of median age at first marriage by year from 1890 to 2010. It looks like it dips to a low during the 60s then has an upward trend until 2010.
As an answer, I'm looking for any ...
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What models exist that explain which people emigrate to another country?
I'm looking for papers about this, or if there's a pretty standard model across many papers, then maybe just a rundown of the model. I'd like to use the model in an econometric analysis.
For example, ...
3
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Reference Request: Cost Benefit Analysis of Conversion of Undeveloped Land for Housing
London is surrounded by a "green belt", a large area which government policy has protected from housing development. The current high cost of housing in London has led some to advocate a selective ...
3
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Structural estimation
My understanding of structural estimation follows the lines beautifully lectured by Christophe Taber (U. of Wisconsin):
Identify the policy question to be answered
Write down a model that can ...
3
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How do organisations diversify? Determinants of choosing new target industries
A very weird question I agree.
I am interested in understanding the motives behind firm behaviours of diversification. Why would some firms choose new target sectors/activities?
Is there any ...
3
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Ultrafilters in Social Choice Theory Literature Request
I am an undergraduate math major who is intrigued about social choice theory. I am in the early stages of planning my senior project and was wondering if anybody had some recommendations of literature ...
3
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1
answer
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Ordinal axiomatization of proportional division
A proportional division is a kind of fair division in which a resource is divided among $n$ partners with subjective valuations, and each partner receives a share which is worth for him at least $1/n$ ...
3
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1
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Why are people rich?
Different people become rich for different reasons, such as:
Developing/selling a great product
Investing
Winning the lottery
Inheriting family money
Some of these seem more fair than others, which ...
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46
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Estimating the form of a utility function on two or more commodities
I am looking for experiments for estimating the form a utility function of a consumer on two or more commodities. In particular, I would like to know e.g. if the utility function of a consumer is of ...