17
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Most common programs used by Economists
In the ReplicationWiki (that I work on) we have a list of software packages that were used in more than 2000 empirical studies, mainly in the American Economic Review, American Economic Journals and ...
- 539
16
votes
R or Python for private sector economist/strategist
If you already know how to code in MATLAB then python is more similar to it than R so I would say you will have easier time to transitioning there.
Otherwise, both R and Python are programming ...
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12
votes
Accepted
Visualization tools for game theory: Decision trees
LaTeX with forest
The forest package of LaTeX allows you to draw game trees with pretty simple syntax. After copying a pre-set ...
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7
votes
Visualization tools for game theory: Decision trees
Mathematica has a graph building and drawing capability.
So, if you built the graph in Mathematica, then you could plot it using settings of your choosing.
In Mathematica, you might use the ...
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6
votes
Game theory software
I have used gambit (python) in the past and could recommend it. It also includes a small GUI which makes things very intuitive.
R also has GameTheory if you prefer this platform instead
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6
votes
R or Python for private sector economist/strategist
I would like to add on to the previous post from 1muflon1. Total agree with the post and I will try not to repeat anything said but I feel there is some additional information that is worth ...
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5
votes
Accepted
Will a Free Software Society ever become a reality?
Your questions asks:
A society where all the players abide by the above FSF principles
It won't ever happen for all players. As a counter-example, consider an engineer who invents software that ...
- 938
5
votes
Free alternative to EViews for ARIMA modelling
The standard open source statistical language is R. The R-Project homepage is here. Here is a page about ARIMA in R. If you want to try using R without having to install anything, then I would ...
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5
votes
Game theory software
Game theory explorer (GTE) offers a web-based solver that searches for Nash equilibria of the inputted games. Its documentation highlights the main differences between GTE and Gambit:
Gambit has ...
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5
votes
Current status and trends in the choice of software for teaching econometrics
In 2008 the American Economic Association (AEA) created a reproducible research requirement about posting the code and the data for their papers. According to analysis done by the AEA Data Editor ...
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5
votes
Accepted
What are the advantages using Otree to progam economic experiments?
One irreducible advantage of oTree over z-Tree is that you can easily reuse/imply the entire trajectories of results per entity (session/group/player) when doing repeated games. With z-Tree, it is ...
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4
votes
How is software treated in Gross Domestic Product calculations?
The National Income and Product Accounts (NIPA) are used to calculate GDP. The Bureau of Economic Analysis (BEA) prepares methodology papers discussing how they calculate various contributions to the ...
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4
votes
Free alternative to EViews for ARIMA modelling
As suggested above, R is an excellent language/program and suitable for almost anything in economics.
However, if you're looking for a free graphical interface program like Eviews, I'd give gretl (...
- 1,228
4
votes
Visualization tools for game theory: Decision trees
If you use LaTeX, you can also draw game trees with the istgame package, which is based on TikZ.
The manual contains lots of examples with full codes including:
...
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4
votes
Accepted
4
votes
Create simple graphs without functional forms
My main suggestions would be:
Adobe Illustrator, which will let you draw graphs freehand. This is a very powerful professional illustration tool that will allow you to produce crisp vector images (if ...
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4
votes
What is the Thomson Reuters tool that is used in universities?
It is a huge financial database which consents you to export data easily via the datastream tool for excel. There you can find common data (such as those available via online databases, e.g. yahoo ...
4
votes
Current status and trends in the choice of software for teaching econometrics
At McMaster University in Canada (#4 in Canada for research and #98 worldwide) both undergraduate and graduate (MA and above) economics programs utilize STATA for econometrics for its ease of use (...
- 159
3
votes
Accepted
Software to simulate the effects of interest rates on an economy?
Unfortunately, the answer is so broad I'm not sure how useful it may be.
First things first, you'd need a model for the economy. There are various around, in the last few years DSGE models like RBCM ...
- 466
3
votes
Accepted
A graphic calculator for simple microeconomics problems
I wrote some silly program where you just fix endowment $e=(e_1,e_2)$ and utility functions $u=(u_1(x_1,y_1),u_2(x_2,y_2))$. The example provides an illustration for your utility functions and $x_1+...
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3
votes
How to create a Budget line in excel or R
If you want to draw a budget constrain which takes $m$, $p_1$ and $p_2$ as inputs, this is a R code that does it:
...
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3
votes
Create simple graphs without functional forms
Ah, this is a question I have struggled with. I think the answer depends wether you are intending to use the image in LaTeX or not. That said, in my opinion most answers provide good solutions (I've ...
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3
votes
Most common programs used by Economists
Just as an addition to all mentioned above and because the original question is about environmental economics: in that context GAMS is used quite a bit.
In fact Nordhaus celebrated DICE model that is ...
- 2,375
3
votes
Current status and trends in the choice of software for teaching econometrics
In my experience in Ecomomics I would say Stata and Matlab. Stata is widely used at the undergrad level and for microeconometrics, while Matlab is introduced more at the postgrad level for general ...
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3
votes
Resources to derive economic forecasts
You can find excellent examples of codes for DSGE models as well as VAR on QuantEcon.
For example, here is an example of VAR model in Python, and here is an example of some simple DSGE model.
The ...
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3
votes
Resources to derive economic forecasts
For forecasting with VAR in R there are some good tutorials on econometrics with R. This tutorial from Justin Eloriaga also helped me when we had to make VAR for our quantitative macro assignment. ...
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2
votes
How does GNU software development sustain economically?
Open-source software development is done for diverse reasons, but it's a common misunderstanding that it's done primarily by hobbyists or professionally but as a side-project. I'm answering this ...
- 51
2
votes
Accepted
Flexible lab experiment in otree
I found an answer to the second part of the question here https://github.com/oTree-org/otree-docs/issues/2.
It turns out that in oTree, the variable ...
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