19

Why hasn't JPE formally retracted Oster (2005)? In this case there simply is no reason to retract the paper. Academic papers are typically retracted for one of the following reasons: Retraction for error: For example, if paper claims that if $3+x=15$ then $x=10$ and such error significantly changes conclusions from the study (usually the mistake has to be ...


12

As long as the main results/conclusions of your paper don't rely solely on the non-economics literature you cite, you should be okay. In other words, it's perfectly fine to use non-economics literature to motivate or even as part of the support for your thesis, as long as you also include proper economic arguments, i.e. theoretical models or econometric ...


8

There seem to be two things: The first is that "perceived value" is not something that directly corresponds to something economists usually study. It might be related to, say, marriage patterns and household incomes, political power, or whatnot. If you can show that it is an important aspect of a problem that falls within the (vague) boundaries of ...


6

There are a lot of game theorists quite open to many versions of behavioral economics. That being said, I think there are some reasons why these are still fairly separate areas. I will focus in particular on the issue of rationality. Parts of behavioral economics simply do standard economics with somewhat different preferences, such as other-regarding ...


6

Disclaimer: My academic coming of age was in an environment where behavioral economics played only a minor role. My research is theoretical, both "behavioral and non-behavioral", economics. I believe it is incorrect to say that game theorists (or economists) in general are not convinced by behavioral economics. You can easily see it is considered ...


6

The best way how to learn how to create new models is to see how other people create new models and learn from that. If you are already good at math then you could learn this by observing how models are created from some graduate textbook focused on theory such as MWG Microeconomic Theory. Seeing how models are derived will help you in two ways: It will ...


6

I believe there are different goals to undergraduate and (research-oriented) graduate programs. Most undergraduate students will not pursue a career in research. For them, different proof techniques may not be of first-order importance. In my eyes, they should learn basic stuff like incentives matter; thinking in terms of marginal changes; supply and demand; ...


6

In short, no it is not necessary. I have never asked anyone for permission and I have never been asked. The people I thank usually have not read my paper (rarely anyone does, to be honest), but we have had chats on visits or after seminars or conferences. If you thank someone make sure they are familiar with the paper. Certainly include someone who presented ...


5

I don’t think crisis itself has set definition as opposed to recession, unless you attach some clarifier to it as the examples you mention. Generally the word is even in academic work thrown around quite loosely. For example in Romer advanced macroeconomics in the subject index for word crisis you will find: crisis; see debt crisis; economic crisis of ...


4

You can do whatever you want, it's your paper. Will it make it more difficult to publish? Yeah. Referees are fickle and easily annoyed. You would not be the first person to go down this route. For example, the term Maskin monotonicity is common place in implementation theory. However, some authors use another term, I believe Maskin invariance. The claim is ...


4

I think this is already answered in the paper itself and in addition I think this is due to the way how they define 'simultaneous equations' topics. First as authors of that paper opine: This presumably reflects declining use of an orthodox multi-equation framework, especially in macroeconomics. The reduced coverage of Simultaneous equations has made space ...


3

Oligopolistic competition through both quantity and price can be regarded as Stackelberg competition, provided that there is a leader firm that moves first (commits) and other players move subsequently with some information on what the leader has committed herself to. It thus describes the dynamic form of the classic Cournot and Bertrand competition. Some ...


3

You should read Hal Varian's "How to Build an Economic Model in Your Spare Time".


3

What are some good Phd or research programs for Economic History / Economic Thought History? The RePEc/IDEAS website publishes various rankings in economics. I would suggest checking out their ranking of authors working in Business, Economic & Financial History or History & Philosophy of Economics and see if there are people that you'd like to work ...


2

tl;dr– You can cite whatever you want regardless of field. Of course, any finding that depends on another finding suffers the errors, unreliability, and limitations of its dependencies. Quick comments: You do research, not "Economics research". Classification is a downstream matter that should be largely ignored throughout the research process. ...


2

I agree with @1muflon1 that there is no precise or unifying definition of what constitutes an economic crisis. However, do we need one? First, we can adopt a definition of the term crisis, such as "a situation that has reached a critical phase" according to the Merriam-Webester online dictionary. Next, we can attach an adjective to the crisis to ...


2

First, some clarity. The standard language used for interfacing with a DBMS is SQL. However, its syntax and functions slightly vary according to the DBMS system you are interfacing with. The most popular ones are MySQL and PostgreSQL. The choice between them is mostly indifferent. In my personal experience, I found that building a MySQL database from scratch ...


2

It seems that there is already some prior work on theory of gamification from game theory perspective. For example, Easley & Ghosh (2016), provide theory on optimal badge design even explicitly mentioning sites like StackOverflow and their paper seems to be highly cited. Hamari, Huotari & Tolvanen (2015) have article titled "Gamification and ...


1

This link to a 43 page paper: Ricardian equivalence: an empirical application to the Portuguese economy CarlosFonseca Marinheiro https://core.ac.uk/download/pdf/6978949.pdf Introduction on page 3: The fiscal policy may be used with a stabilising role if the government finance decisions are able to influence private consumption (i.e., aggregate demand) and ...


1

In addition, to the excellent previous replies from my experience the biggest downside is the narrowing down the way you think about the economy and life to a way that is mathematically tractable. Some aspects of decision-making and interaction are rather easy to make sense of mathematically (e.g. people on average buy more for a lower price so you can write ...


Only top voted, non community-wiki answers of a minimum length are eligible