NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Microeconomics

Information, Knowledge, and Uncertainty


2009
w15540 Emir Kamenica
Matthew Gentzkow

Bayesian Persuasion

w15527 Daniel S. Hamermesh
Gerard A. Pfann

Markets for Reputation: Evidence on Quality and Quantity in Academe

w15513 Mikhail Golosov
Guido Lorenzoni
Aleh Tsyvinski

Decentralized Trading with Private Information

w15489 James D. Adams
J. Roger Clemmons

The Role of Search in University Productivity: Inside, Outside, and Interdisciplinary Dimensions

w15479 Ricardo J. Caballero
Alp Simsek

Fire Sales in a Model of Complexity

w15460 Giovanni Maggi
Robert W. Staiger

Breach, Remedies and Dispute Settlement in Trade Agreements

w15414 Ricardo Lagos
Guillaume Rocheteau
Pierre-Olivier Weill

Crises and Liquidity in Over-the-Counter Markets

w15347 Kenneth Kovash
Steven D. Levitt

Professionals Do Not Play Minimax: Evidence from Major League Baseball and the National Football League

w15326 Emily Oster
Ira Shoulson
Kimberly Quaid
E. Ray Dorsey

Genetic Adverse Selection: Evidence from Long-Term Care Insurance and Huntington Disease

w15259 Robert S. Pindyck
Uncertain Outcomes and Climate Change Policy

w15242 Rajkamal Iyer
Asim Ijaz Khwaja
Erzo F.P. Luttmer
Kelly Shue

Screening in New Credit Markets: Can Individual Lenders Infer Borrower Creditworthiness in Peer-to-Peer Lending?

w15241 Liran Einav
Amy Finkelstein
Jonathan Levin

Beyond Testing: Empirical Models of Insurance Markets

w15237 Glenn Ellison
Alexander Wolitzky

A Search Cost Model of Obfuscation

w15215 Dimitri Vayanos
Jiang Wang

Liquidity and Asset Prices: A Unified Framework

w15183 Seth M. Freedman
Melissa Schettini Kearney
Mara Lederman

Product Recalls, Imperfect Information, and Spillover Effects: Lessons from the Consumer Response to the 2007 Toy Recalls

w15172 Charles F. Manski
WHEN CONSENSUS CHOICE DOMINATES INDIVIDUALISM: Jensen's Inequality and Collective Decisions under Uncertainty

w15100 Haitao Yin
Howard Kunreuther
Matthew White

Risk-Based Pricing and Risk-Reducing Effort: Does the Private Insurance Market Reduce Environmental Accidents?

w15084 Nicola Gennaioli
Andrei Shleifer

What Comes to Mind

w15069 William Easterly
Empirics of Strategic Interdependence: The Case of the Racial Tipping Point

w15051 Randall Morck
Generalized Agency Problems

w15015 Olivier J. Blanchard
Jean-Paul L'Huillier
Guido Lorenzoni

News, Noise, and Fluctuations: An Empirical Exploration

w15003 George-Marios Angeletos
Jennifer La'O

Incomplete Information, Higher-Order Beliefs and Price Inertia

w14997 Ricardo J. Caballero
Alp Simsek

Complexity and Financial Panics

w14982 George-Marios Angeletos
Jennifer La'O

Noisy Business Cycles

w14947 Nicholas C. Barberis
A Model of Casino Gambling

w14922 Robin S. Lee
Michael Schwarz

Interviewing in Two-Sided Matching Markets

w14921 Alexander Frankel
Michael Schwarz

Experts and Their Records

w14915 Veronica Guerrieri
Robert Shimer
Randall Wright

Adverse Selection in Competitive Search Equilibrium

w14898 Veronica Guerrieri
Péter Kondor

Fund Managers, Career Concerns, and Asset Price Volatility

w14885 Peter Arcidiacono
Esteban M. Aucejo
Hanming Fang
Kenneth I. Spenner

Does Affirmative Action Lead to Mismatch? A New Test and Evidence

w14841 Trevon Logan
Manisha Shah

Face Value: Information and Signaling in an Illegal Market

w14844 Christopher Avery
Jonathan D. Levin

Early Admissions at Selective Colleges

w14812 Kyle Bagwell
Self-Enforcing Trade Agreements and Private Information

w14764 Roland Bénabou
Groupthink: Collective Delusions in Organizations and Markets

w14761 Vasiliki Skreta
Laura Veldkamp

Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation

w14754 Miles S. Kimball
Claudia R. Sahm
Matthew D. Shapiro

Risk Preferences in the PSID: Individual Imputations and Family Covariation

w14742 Jonathan Guryan
Melissa Schettini Kearney

Is Lottery Gambling Addictive?

w14713 Lex Borghans
Bart H.H. Golsteyn
James J. Heckman
Huub Meijers

Gender Differences in Risk Aversion and Ambiguity Aversion

w14712 Patrick Bolton
Xavier Freixas
Joel Shapiro

The Credit Ratings Game

w14659 Sumit Agarwal
Paige M. Skiba
Jeremy Tobacman

Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?

w14654 Patrick Bolton
Antoine Faure-Grimaud

Satisficing Contracts

w14638 William D. Nordhaus
The Perils of the Learning Model For Modeling Endogenous Technological Change


2008
w14627 Bruce Blonigen
New Evidence on the Formation of Trade Policy Preferences

w14605 Andrew Caplin
John Leahy

Trading Frictions and House Price Dynamics

w14602 Matthew J. Higgins
Paula E. Stephan
Jerry G. Thursby

Conveying Quality and Value in Emerging Industries: Star Scientists and the Role of Learning in Biotechnology

w14590 Susan Athey
Jonathan Levin
Enrique Seira

Comparing Open and Sealed Bid Auctions: Evidence from Timber Auctions

w14586 Olivier Coibion
Yuriy Gorodnichenko

What Can Survey Forecasts Tell Us About Informational Rigidities?

w14523 Dimitri Vayanos
Paul Woolley

An Institutional Theory of Momentum and Reversal

w14508 Ernesto Dal Bó
Marko Terviö

Self-Esteem, Moral Capital, and Wrongdoing

w14502 Pascal Courty
Gerald R. Marschke

On the Sorting of Physicians across Medical Occupations

w14487 Alessandra Casella
Storable Votes and Agenda Order Control. Theory and Experiments

w14457 Emmanuel Farhi
Josh Lerner
Jean Tirole

Fear of Rejection? Tiered Certification and Transparency

w14414 Liran Einav
Amy Finkelstein
Mark R. Cullen

Estimating Welfare in Insurance Markets Using Variation in Prices

w14409 Hyunhoe Bae
Peter Wilcoxen
David Popp

Information Disclosure Policy: Do States' Data Processing Efforts Help More than the Information Disclosure Itself?

w14408 Daron Acemoglu
Kostas Bimpikis
Asuman Ozdaglar

Experimentation, Patents, and Innovation

w14396 Charles F. Manski
Partial Prescriptions For Decisions With Partial Knowledge

w14382 Jeremy T. Fox
Estimating Matching Games with Transfers

w14359 Lawrence H. Summers
Richard J. Zeckhauser

Policymaking for Posterity

w14353 Christopher F. Chabris
David Laibson
Carrie L. Morris
Jonathon P. Schuldt
Dmitry Taubinsky

Measuring intertemporal preferences using response times

w14350 Hai Fang
Nolan H. Miller
John A. Rizzo
Richard J. Zeckhauser

Demanding Customers: Consumerist Patients and Quality of Care

w14330 Jeffrey Liebman
Richard Zeckhauser

Simple Humans, Complex Insurance, Subtle Subsidies

w14261 Jason M. Lindo
Nicholas J. Sanders
Philip Oreopoulos

Ability, Gender, and Performance Standards: Evidence from Academic Probation

w14229 Joseph R. Blasi
Douglas L. Kruse
Harry M. Markowitz

Risk and Lack of Diversification under Employee Ownership and Shared Capitalism

w14271 Joshua Graff Zivin
Matthew Neidell

Days of Haze: Environmental Information Disclosure and Intertemporal Avoidance Behavior

w14258 Brian C. Murray
Richard G. Newell
William A. Pizer

Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade

w14255 Manuel Amador
Pierre-Olivier Weill

Learning from Prices: Public Communication and Welfare

w14252 Pradeep Chintadunta
Renna Jiang
Ginger Z. Jin

Information, Learning, and Drug Diffusion: the Case of Cox-2 Inhibitors

w14228 Markus K. Brunnermeier
Filippos Papakonstantinou
Jonathan A. Parker

An Economic Model of the Planning Fallacy

w14226 Emmanuel Dechenaux
Jerry Thursby
Marie C. Thursby

Inventor Moral Hazard in University Licensing: The Role of Contracts

w14222 Julio J. Rotemberg
Liquidity Needs in Economies with Interconnected Financial Obligations

w14209 Matthew J. Neidell
Information, Avoidance Behavior, and Health: The Effect of Ozone on Asthma Hospitalizations

w14184 Yuriy Gorodnichenko
Endogenous information, menu costs and inflation persistence

w14181 Stefano Eusepi
Bruce Preston

Expectations, Learning and Business Cycle Fluctuations

w14175 Menzie D. Chinn
Michael J. Moore

Private Information and a Macro Model of Exchange Rates: Evidence from a Novel Data Set

w14159 James B. Rebitzer
Mari Rege
Christopher Shepard

Influence, Information Overload, and Information Technology in Health Care

w14153 M. Kate Bundorf
Jonathan D. Levin
Neale Mahoney

Pricing and Welfare in Health Plan Choice

w14119 Ricardo Lagos
Guillaume Rocheteau
Pierre-Olivier Weill

Crashes and Recoveries in Illiquid Markets

w14107 Dan Bogart
Gary Richardson

Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830

w14070 Andrew Epstein
Jonathan D. Ketcham
Sean Nicholson

Professional Partnerships and Matching in Obstetrics

w14067 Giovanni Maggi
Robert W. Staiger

On the Role and Design of Dispute Settlement Procedures in International Trade Agreements

w14040 Daron Acemoglu
Munther A. Dahleh
Ilan Lobel
Asuman Ozdaglar

Bayesian Learning in Social Networks

w14020 Kam Yu
Measuring the Output and Prices of the Lottery Sector: An Application of Implicit Expected Utility Theory

w14015 George-Marios Angeletos
Private Sunspots and Idiosyncratic Investor Sentiment

w13991 Richard G. Newell
William A. Pizer

Indexed Regulation

w13956 David A. Jaeger
Esteban F. Klor
Sami H. Miaari
M. Daniele Paserman

The Struggle for Palestinian Hearts and Minds: Violence and Public Opinion in the Second Intifada

w13954 B. Douglas Bernheim
On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal

w13935 Keith Finlay
Effect of Employer Access to Criminal History Data on the Labor Market Outcomes of Ex-Offenders and Non-Offenders

w13927 Geoffrey Heal
Climate Economics: A Meta-Review and Some Suggestions

w13907 Roland Bénabou
Ideology

w13904 Stijn Van Nieuwerburgh
Laura Veldkamp

Information Acquisition and Under-Diversification

w13894 Noah Williams
Persistent Private Information

w13827 Hanming Fang
Peter Norman

Toward an Efficiency Rationale for the Public Provision of Private Goods

w13822 Sumit Agarwal
John C. Driscoll
Xavier Gabaix
David Laibson

Learning in the Credit Card Market

w13808 Erzo F.P. Luttmer
Richard J. Zeckhauser

Schedule Selection by Agents: from Price Plans to Tax Tables

w13766 Michael Ostrovsky
Michael Schwarz

Information Disclosure and Unraveling in Matching Markets

w13752 Alma Cohen
Asymmetric Learning in Repeated Contracting: An Empirical Study

w13726 Julia Coronado
Olivia S. Mitchell
Steven A. Sharpe
S. Blake Nesbitt

Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values


2007
w13699 Young Han Lee
Ulrike Malmendier

The Bidder's Curse

w13637 Brian Knight
Nathan Schiff

Momentum and Social Learning in Presidential Primaries

w13623 Justine S. Hastings
Jeffrey M. Weinstein

Information, School Choice, and Academic Achievement: Evidence from Two Experiments

w13590 George-Marios Angeletos
Alessandro Pavan

Policy with Dispersed Information

w13584 Thomas Philippon
Yuliy Sannikov

Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk

w13579 Geoffrey Heal
Howard Kunreuther

Social Reinforcement: Cascades, Entrapment and Tipping

w13570 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Corporate Financial Policies With Overconfident Managers

w13564 Steven Shavell
Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation

w13540 Oliver Hart
Hold-up, Asset Ownership, and Reference Points

w13516 Hongbin Cai
Yuyu Chen
Hanming Fang

Observational Learning: Evidence from a Randomized Natural Field Experiment

w13481 Oliver D. Hart
Reference Points and the Theory of the Firm

w13445 Richard G. Frank
Richard J. Zeckhauser

Custom Made Versus Ready to Wear Treatments; Behavioral Propensities in Physician's Choices

w13414 Lars E.O. Svensson
Noah M. Williams

Bayesian and Adaptive Optimal Policy under Model Uncertainty

w13401 Bernard Dumas
Alexander Kurshev
Raman Uppal

Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility

w13392 Kerwin Kofi Charles
Erik Hurst
Nikolai Roussanov

Conspicuous Consumption and Race

w13385 Nicholas Bloom
The Impact of Uncertainty Shocks

w13370 Jeremy C. Stein
Conversations Among Competitors

w13366 Stijn Van Nieuwerburgh
Laura Veldkamp

Information Immobility and the Home Bias Puzzle

w13259 Stefano Eusepi
Bruce Preston

Central Bank Communication and Expectations Stabilization

w13228 Liran Einav
Amy Finkelstein
Paul Schrimpf

The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market

w13204 Veronica Guerrieri
Guido Lorenzoni

Liquidity and Trading Dynamics

w13201 Zoran Ivkovich
Scott Weisbenner

Information Diffusion Effects in Individual Investors' Common Stock Purchases Covet Thy Neighbors' Investment Choices

w13191 Sumit Agarwal
John C. Driscoll
Xavier Gabaix
David Laibson

The Age of Reason: Financial Decisions Over the Lifecycle

w13172 Sinan Aral
Erik Brynjolfsson
Marshall Van Alstyne

Information, Technology and Information Worker Productivity: Task Level Evidence

w13163 Rafael Di Tella
Federico Weinschelbaum

Choosing Agents and Monitoring Consumption: A Note on Wealth as a Corruption-Controlling Device

w13140 Meghan R. Busse
Duncan Simester
Florian Zettelmeyer

"The Best Price You'll Ever Get" The 2005 Employee Discount Pricing Promotions in the U.S. Automobile Industry

w13124 Ulrike Malmendier
Devin Shanthikumar

Do Security Analysts Speak in Two Tongues?

w13009 Justine S. Hastings
Jeffrey M. Weinstein

No Child Left Behind: Estimating the Impact on Choices and Student Outcomes

w13005 Hirofumi Uchida
Gregory F.Udell
Wako Watanabe

Bank Size and Lending Relationships in Japan

w12995 Justine S. Hastings
Richard Van Weelden
Jeffrey Weinstein

Preferences, Information, and Parental Choice Behavior in Public School Choice

w12994 Orazio Attanasio
Nicola Pavoni

Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption

w12941 Ginger Zhe Jin
Alex Whalley

The Power of Attention: Do Rankings Affeect the Financial Resources of Public Colleges?

w12940 Markus K. Brunnermeier
Christian Gollier
Jonathan A. Parker

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

w12936 Nicholas Barberis
Ming Huang

Stocks as Lotteries: The Implications of Probability Weighting for Security Prices

w12898 Guido Lorenzoni
News Shocks and Optimal Monetary Policy

w12841 Nicholas Bloom
Uncertainty and the Dynamics of R&D

w12827 Alexander Muermann
Howard Kunreuther

Self-Protection and Insurance with Interdependencies


2006
w12778 George-Marios Angeletos
Alessandro Pavan

Socially Optimal Coordination: Characterization and Policy Implications

w12776 A. Mitchell Polinsky
Steven Shavell

Mandatory Versus Voluntary Disclosure of Product Risks

w12752 Robert S. Pindyck
Uncertainty In Environmental Economics

w12709 Kelly Shue
Erzo F. P. Luttmer

Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes

w12706 Oliver Hart
John Moore

Contracts as Reference Points

w12670 Dimitri Vayanos
Pierre-Olivier Weill

A Search-Based Theory of the On-the-Run Phenomenon

w12659 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian

Simplification and Saving

w12648 Daron Acemoglu
Victor Chernozhukov
Muhamet Yildiz

Learning and Disagreement in an Uncertain World

w12615 Ahmed Khwaja
Dan Silverman
Frank Sloan

Time Preference, Time Discounting, and Smoking Decisions

w12606 Thomas Sargent
Noah Williams
Tao Zha

The Conquest of South American Inflation

w12582 W. Kip Viscusi
Richard J. Zeckhauser

National Survey Evidence on Disasters and Relief: Risk Beliefs, Self-Interest, and Compassion

w12557 Laura Veldkamp
Justin Wolfers

Aggregate Shocks or Aggregate Information? Costly Information and Business Cycle Comovement

w12505 Flavio Cunha
James J. Heckman

A New Framework for the Analysis of Inequality

w12477 Guido Lorenzoni
A Theory of Demand Shocks

w12455 Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Contractual Tradeoffs and SMEs Choice of Organizational Form, A View from U.S. and French History, 1830-2000

w12445 Patrick Bajari
Han Hong
Ahmed Khwaja

Moral Hazard, Adverse Selection and Health Expenditures: A Semiparametric Analysis

w12441 Bennett T. McCallum
E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models

w12428 Benjamin A. Olken
Corruption Perceptions vs. Corruption Reality

w12419 Stefania Albanesi
Optimal Taxation of Entrepreneurial Capital with Private Information

w12390 Ginger Zhe Jin
Andrew Kato
John A. List

That's News to Me! Information Revelation in Professional Certification Markets

w12383 Nick Bloom
John Van Reenen
Stephen Bond

Uncertainty and Investment Dynamics

w12359 Yingjin Hila Gan
Christopher Mayer

Agency Conflicts, Asset Substitution, and Securitization

w12348 W. Kip Viscusi
Patricia Born

The Catastrophic Effects of Natural Disasters on Insurance Markets

w12289 Hanming Fang
Michael P. Keane
Dan Silverman

Sources of Advantageous Selection: Evidence from the Medigap Insurance Market

w12286 Julie Berry Cullen
Randall Reback

Tinkering Toward Accolades: School Gaming Under a Performance Accountability System

w12281 Geoffrey Heal
Howard Kunreuther

Supermodularity and Tipping

w12263 Ken Hendricks
Alan Sorensen

Information Spillovers in the Market for Recorded Music

w12261 James J. Choi
David Laibson
Brigitte C. Madrian

Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds

w12255 Carolyn Kousky
Erzo F.P. Luttmer
Richard J. Zeckhauser

Private Investment and Government Protection

w12252 Ana Carla A. Costa
Joao M.P. De Mello

Judicial Risk and Credit Market Performance: Micro Evidence from Brazilian Payroll Loans

w12245 E. Han Kim
Adair Morse
Luigi Zingales

Are Elite Universities Losing Their Competitive Edge?

w12239 Louis Kaplow
Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

w12205 Amy Finkelstein
James Poterba
Casey Rothschild

Redistribution by Insurance Market Regulation: Analyzing a Ban on Gender-Based Retirement Annuities

w12200 Justin Wolfers
Eric Zitzewitz

Interpreting Prediction Market Prices as Probabilities

w12156 Mark Coppejans
Donna Gilleskie
Holger Sieg
Koleman Strumpf

Consumer Demand under Price Uncertainty: Empirical Evidence from the Market for Cigarettes

w12112 Amy Finkelstein
James Poterba

Testing for Adverse Selection with "Unused Observables"

w12089 Bennett T. McCallum
Edward Nelson

Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences

w12083 Justin Wolfers
Eric Zitzewitz

Prediction Markets in Theory and Practice

w12067 Raj Chetty
A Bound on Risk Aversion Using Labor Supply Elasticities

w12060 Justin Wolfers
Eric Zitzewitz

Five Open Questions About Prediction Markets

w12053 Andrew Leigh
Justin Wolfers

Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets

w12051 Patrick Bajari
Stephanie Houghton
Steve Tadelis

Bidding for Incomplete Contracts: An Empirical Analysis

w11967 John Kennan
Private Information, Wage Bargaining and Employment Fluctuations

w11942 Marc Giannoni
Robust Optimal Policy in a Forward-Looking Model with Parameter and Shock Uncertainty

w11929 Refet Gurkaynak
Justin Wolfers

Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk

w11922 Pierpaolo Benigno
Anastasios Karantounias

Overconfidence, Subjective Perception and Pricing Behavior

w11914 A. Burak Güner
Ulrike Malmendier
Geoffrey Tate

Financial Expertise of Directors


2005
w11896 Michael Woodford
Robustly Optimal Monetary Policy with Near Rational Expectations

w11892 Marianne Bertrand
Dean Karlin
Sendhil Mullainathan
Eldar Shafir
Jonathan Zinman

What's Psychology Worth? A Field Experiment in the Consumer Credit Market

w11867 Patrick Bolton
Antoine Faure-Grimaud

Thinking Ahead: The Decision Problem

w11848 Charles F. Manski
Search Profiling with Partial Knowledge of Deterrence

w11826 George-Marios Angeletos
Alessandro Pavan

Efficiency and Welfare with Complementarities and Asymmetric Information

w11781 Steven Shavell
Liability for Accidents

w11770 Toshiaki Iizuka
Ginger Zhe Jin

Drug Advertising and Health Habit

w11755 Xavier Gabaix
David Laibson

Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

w11741 Guenter Franke
Jan Pieter Krahnen

Default Risk Sharing Between Banks and Markets: The Contribution of Collateralized Debt Obligations

t0317 George W. Evans
Seppo Honkapohja
Noah Williams

Generalized Stochastic Gradient Learning

w11689 Robert Shimer
Ivan Werning

Liquidity and Insurance for the Unemployed

w11664 Matthew Gentzkow
Jesse Shapiro

Media Bias and Reputation

w11648 Luigi Guiso
Paola Sapienza
Luigi Zingales

Trusting the Stock Market

w11588 Stephen H. Shore
Todd Sinai

Commitment, Risk, and Consumption: Do Birds of a Feather Have Bigger Nests?

w11579 Bernadette A. Minton
René Stulz
Rohan Williamson

How Much Do Banks Use Credit Derivatives to Reduce Risk?

w11549 Andrew Epstein
Sean Nicholson

The Formation and Evolution of Physician Treatment Styles: An Application to Cesarean Sections

w11537 Lars E.O. Svensson
Social Value of Public Information: Morris and Shin (2002) Is Actually Pro Transparency, Not Con

w11535 Roland Bénabou
Jean Tirole

Incentives and Prosocial Behavior

w11515 Florian Zettelmeyer
Fiona Scott Morton
Jorge Silva-Risso

How the Internet Lowers Prices: Evidence from Matched Survey and Auto Transaction Data

w11485 Wojciech Kopczuk
Joel Slemrod

Denial of Death and Economic Behavior

w11461 Alma Cohen
Liran Einav

Estimating Risk Preferences from Deductible Choice

w11442 Mark Carey
Rene M. Stulz

The Risks of Financial Institutions

w11420 Leemore Dafny
David Dranove

Do Report Cards Tell Consumers Anything They Don't Already Know? The Case of Medicare HMOs

w11313 Jeff Dominitz
Charles F. Manski

Measuring and Interpreting Expectations of Equity Returns

w11287 Jonathan Guryan
Melissa S. Kearney

Lucky Stores, Gambling, and Addiction: Empirical Evidence from State Lottery Sales

w11284 Steven Shavell
Contracts, Holdup, and Legal Intervention

w11227 A. Mitchell Polinsky
Daniel L. Rubinfeld

A Damage-Revelation Rationale for Coupon Remedies

w11208 Roland Benabou
Jean Tirole

Belief in a Just World and Redistributive Politics

w11128 Marie Thursby
Jerry Thursby
Emmanuel Dechenaux

Shirking, Sharing Risk, and Shelving: The Role of University License Contracts

w11053 Steven D. Levitt
Chad Syverson

Market Distortions when Agents are Better Informed: The Value of Information in Real Estate Transactions

w11039 Amy Finkelstein
Kathleen McGarry
Amir Sufi

Dynamic Inefficiencies in Insurance Markets: Evidence from long-term care insurance

w11024 Flavio Cunha
James J. Heckman
Salvador Navarro

Separating Uncertainty from Heterogeneity in Life Cycle Earnings


2004
w11017 George-Marios Angeletos
Christian Hellwig
Alessandro Pavan

Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change

w11015 George-Marios Angeletos
Ivan Werning

Crises and Prices: Information Aggregation, Multiplicity and Volatility

w10970 Raj Chetty
Adam Szeidl

Consumption Commitments: Neoclassical Foundations for Habit Formation

w10943 Xinyu Hua
Kathryn E. Spier

Information and Externalities in Sequential Litigation

w10887 Meghan Busse
Florian Zettelmeyer
Jorge Silva-Risso

$1000 Cash Back: Asymmetric Information in Auto Manufaturer Promotions

w10883 Ricardo Reis
Inattentive Consumers

w10879 Paul Willen
Igal Hendel
Joel Shapiro

Educational Opportunity and Income Inequality

w10867 Christopher Carroll
Theoretical Foundations of Buffer Stock Saving

w10813 Ulrike Malmendier
Geoffrey Tate

Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction

w10763 David H. Autor
David Scarborough

Will Job Testing Harm Minority Workers?

w10759 Isaac Ehrlich
Yong Yin

Explaining Diversities in Age-Specific Life Expectancies and Values of Life Saving: A Numerical Analysis

w10754 Steven Shavell
The Appeals Process and Adjudicator Incentives

w10707 Markus K. Brunnermeier
Jonathan A. Parker

Optimal Expectations

w10706 Geoffrey Heal
Howard Kunreuther

Interdependent Security: A General Model

w10675 Zoran Ivkovich
Clemens Sialm
Scott Weisbenner

Portfolio Concentration and the Performance of Individual Investors

w10664 Josh Lerner
Jean Tirole

A Model of Forum Shopping, with Special Reference to Standard Setting Organizations

w10615 Peter M. DeMarzo
Yuliy Sannikov

A Continuous-Time Agency Model of Optimal Contracting and Capital Structure

w10597 David Backus
Bryan Routledge
Stanley Zin

Exotic Preferences for Macroeconomists

w10594 Dennis W. Carlton
James D. Dana

Product Variety and Demand Uncertainty

w10504 Justin Wolfers
Eric Zitzewitz

Prediction Markets

w10500 Raj Chetty
Optimal Unemployment Insurance When Income Effects are Large

w10436 Zoran Ivkovich
Scott Weisbenner

Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices

w10397 Oliver Hart
John Moore

Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In

w10391 George-Marios Angeletos
Alessandro Pavan

Transparency of Information and Coordination in Economies with Investment Complementarities

w10386 M. Kate Bundorf
Laurence Baker
Sara Singer
Todd Wagner

Consumer Demand for Health Information on the Internet

w10359 Charles F. Manski
Interpreting the Predictions of Prediction Markets

w10354 Raj Chetty
Interest Rates and Backward-Bending Investment

w10257 Steven Haider
Melvin Stephens Jr.

Is There a Retirement-Consumption Puzzle? Evidence Using Subjective Retirement Expectations

w10227 Ann Dryden Witte
Magaly Queralt

What Happens When Child Care Inspections and Complaints Are Made Available on the Internet?

w10226 Mark Grinblatt
Matti Keloharju
Seppo Ikaheimo

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

w10211 Raj Chetty
Consumption Commitments, Unemployment Durations, and Local Risk Aversion


2003
w10105 Philip A. Haile
Han Hong
Matthew Shum

Nonparametric Tests for Common Values at First-Price Sealed-Bid Auctions

w10104 Roland G. Fryer
Glenn C. Loury

Categorical Redistribution in Winner-Take-All Markets

w10094 Steven Shavell
On the Writing and the Interpretation of Contracts

w10076 Patrick Bajari
Ali Hortacsu

Economic Insights from Internet Auctions: A Survey

w10056 Wouter Dessein
Tano Santos

The Demand for Coordination

w10013 Harrison Hong
Jeremy C. Stein

Simple Forecasts and Paradigm Shifts

w9997 Nicholas Barberis
Ming Huang
Richard Thaler

Individual Preferences, Monetary Gambles and the Equity Premium

w9988 Raj Chetty
A New Method of Estimating Risk Aversion

w9957 Amy Finkelstein
Kathleen McGarry

Private Information and its Effect on Market Equilibrium: New Evidence from Long-Term Care Insurance

w9926 Jeff Dominitz
Charles F. Manski

How Should We Measure Consumer Confidence (Sentiment)? Evidence from the Michigan Survey of Consumers

w9925 Mark V. Pauly
Kate H. Withers
Krupa Subramanian-Viswana
Jean Lemaire
John C. Hershey

Price Elasticity of Demand for Term Life Insurance and Adverse Selection

w9904 David Austen-Smith
Roland G. Fryer

The Economics of 'Acting White'

w9885 Geoffrey Heal
Howard Kunreuther

You Only Die Once: Managing Discrete Interdependent Risks

w9863 Jay Bhattacharya
Dana Goldman
Neeraj Sood

Market Evidence of Misperceived Prices and Mistaken Mortality Risks

w9852 Louis Kaplow
The Value of a Statistical Life and the Coefficient of Relative Risk Aversion

w9798 Jeff Dominitz
Charles F. Manski
Jordan Heinz

"Will Social Security Be There For You?": How Americans Perceive Their Benefits

w9797 Kenneth Leonard
Joshua Graff Zivin

Outcome Versus Service Based Payment in Health Care: Lessons from African Traditional Healers

w9796 N. Gregory Mankiw
Ricardo Reis
Justin Wolfers

Disagreement about Inflation Expectations

w9767 George-Marios Angeletos
Christian Hellwig
Alessandro Pavan

Coordination and Policy Traps

w9711 Harrison Hong
Jeffrey D. Kubik
Jeremy C. Stein

The Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trade of Money Managers

w9699 Steven Shavell
Economic Analysis of the General Structure of the Law

w9698 Steven Shavell
Economic Analysis of Public Law Enforcement and Criminal Law

w9696 Steven Shavell
Economic Analysis of Contract Law

w9694 Steven Shavell
Economic Analysis of Accident Law

w9678 Joshua Graff Zivin
Richard Just
David Zilberman

Risk Aversion, Liability Rules, and Safety

w9579 Roland G. Fryer
Jr.
Matthew O. Jackson

Categorical Cognition: A Psychological Model of Categories and Identification in Decision Making

w9508 Melvin Stephens
Jr.

Job Loss Expectations, Realizations, and Household Consumption Behavior

w9483 Steven Shavell
Economic Analysis of Accident Law

w9474 Lance Lochner
Individual Perceptions of the Criminal Justice System


2002
w9388 Eduardo Jallath-Coria
Tridas Mukhopadhyay
Amir Yaron

How Well Do Banks Manage Their Reserves?

w9328 Robert C. Feenstra
Gordon H. Hanson
Songhua Lin

The Value of Information in International Trade: Gains to Outsourcing through Hong Kong

w9299 Mark V. Pauly
Bradley Herring
David Song

Health Insurance on the Internet and the Economics of Search

w9283 Roberton Williams
Prices vs. Quantities vs. Tradable Quantities

w9260 R. Gaston Gelos
Shang-Jin Wei

Transparency and International Investor Behavior

w9173 Jonathan Katz Nelson
Richard J. Zeckhauser

A Renaissance Instrument to Support Nonprofits: The Sale of Private Chapels in Florentine Churches

w9073 Mark Coppejans
Holger Sieg

Price Uncertainty, Tax Policy, and Addiction: Evidence and Implications

w9050 Neil Doherty
Kent Smetters

Moral Hazard in Reinsurance Markets

w9035 Amy Finkelstein
When Can Partial Public Insurance Produce Pareto Improvements?

w8979 D. Lee Heavner
Lance Lochner

Social Networks and the Aggregation on Individual Decisions

w8885 Esther Duflo
Emmanuel Saez

The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment

w8718 Jeff Dominitz
Charles F. Manski
Jordan Heinz

Social Security Expectations and Retirement Savings Decisions


2001
w8673 Michael Woodford
Imperfect Common Knowledge and the Effects of Monetary Policy

w8669 Hans-Werner Sinn
Risk Taking, Limited Liability and the Competition of Bank Regulators

w8626 Mireia Jofre-Bonet
Martin Pesendorfer

Estimation of a Dynamic Auction Game

w8589 Michael Chernew
Gautam Gowrisankaran
Dennis P. Scanlon

Learning and the Value of Information: Evidence From Health Plan Report Cards

w8548 Alan T. Sorensen
An Empirical Model of Heterogeneous Consumer Search for Retail Prescription Drugs

w8445 Canice J. Prendergast
Consumers and Agency Problems

w8376 Luis Garicano
Ignacio Palacios
Canice Prendergast

Favoritism Under Social Pressure

w8291 H. Naci Mocan
Can Consumers Detect Lemons? Information Asymmetry in the Market for Child Care

w8233 Christopher D. Carroll
Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income

w8088 Gordon H. Hanson
Robert C. Feenstra

Intermediaries in Entrepot Trade: Hong Kong Re-Exports of Chinese Goods


2000
w8045 Amy Finkelstein
James Poterba

Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market

w8030 Christopher L. House
John V. Leahy

An sS Model with Adverse Selection

t0263 Charles F. Manski
Using Studies of Treatment Response to Inform Treatment Choice in Heterogeneous Populations

w7976 Christian Keuschnigg
Soren Bo Nielsen

Tax Policy, Venture Capital, and Entrepreneurship

w7839 Christopher D. Carroll
'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption?

w7812 Jeffrey R. Brown
Olivia S. Mitchell
James M. Poterba

Mortality Risk, Inflation Risk, and Annuity Products

w7781 Jonathan Gruber
Risky Behavior Among Youths: An Economic Analysis

w7736 Assaf Razin
Efraim Sadka
Chi-Wa Yuen

Do Debt Flows Crowd Out Equity Flows Or the Other Way Round?

w7735 Esther Duflo
Emmanuel Saez

Participation and Investment Decisions in a Retirement Plan: The Influence of Colleagues' Choices

w7699 Jonathan Lewellen
Jay Shanken

Estimation Risk, Market Efficiency, and the Predictability of Returns

w7637 David H. Autor
Why Do Temporary Help Firms Provide Free General Skills Training?


1999
t0244 Allan Drazen
Plutarchos Sakellaris

News About News: Information Arrival and Irreversible Investment

w7185 Susan Athey
Jonathan Levin

Information and Competition in U.S. Forest Service Timber Auctions

w7166 Jens Ludwig
Philip J. Cook

The Benefits of Reducing Gun Violence: Evidence from Contingent-Valuation Survey Data

w7020 Steven Huddart
Ravi Jagannathan
Jane Saly

Valuing the Reload Features of Executive Stock Options

w6986 Dobrin R. Kolev
Thomas J. Prusa

Dumping and Double Crossing: The (In)Effectiveness of Cost-Based Trade Policy Under Incomplete Information

w6875 Bengt Holmstrom
Managerial Incentive Problems: A Dynamic Perspective


1998
w6832 Marianne Bertrand
Erzo F.P. Luttmer
Sendhil Mullainathan

Network Effects and Welfare Cultures

w6830 Marianne Bertrand
Sendhil Mullainathan

Executive Compensation and Incentives: The Impact of Takeover Legislation

w6715 Eli Berman
Sect, Subsidy, and Sacrifice: An Economist's View of Ultra-Orthodox Jews

w6689 Eduardo M.R.A. Engel
Ronald D. Fischer
Alexander Galetovic

Least-Present-Value-of-Revenue Auctions and Highway Franchising

w6686 Daron Acemoglu
Robert Shimer

Efficient Unemployment Insurance

w6577 Igal Hendel
Alessandro Lizzeri

The Role of Leasing under Adverse Selection

w6568 Christopher D. Carroll
Byung-Kun Rhee
Changyong Rhee

Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants

t0231 Bernard Dumas
Raman Uppal
Tan Wang

Efficient Intertemporal Allocations with Recursive Utility

w6355 Paul Beaudry
Charles Blackorby

Taxes and Employment Subsidies in Optimal Redistribution Programs


1997
w6279 Joseph G. Altonji
Charles R. Pierret

Employer Learning and Statistical Discrimination

w5213 Robert B. Barsky
Miles S. Kimball
F. Thomas Juster
Matthew D. Shapiro

Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey

w6194 Igal Hendel
Alessandro Lizzeri

Adverse Selection in Durable Goods Markets

t0199 Robert Gibbons
An Introduction to Applicable Game Theory

w6090 Dobrin R. Kolev
Thomas J. Prusa

Tariff Policy for a Monopolist Under Incomplete Information

w6081 Christopher D. Carroll
Wendy E. Dunn

Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets

w5971 Avinash Dixit
Robert S. Pindyck
Sigbjorn Sodal

A Markup Interpretation of Optimal Rules for Irreversible Investment


1996
w5765 Canice Prendergast
Lars A. Stole

Non-Monetary Exchange Within Firms and Industry

w5692 Christina D. Romer
David H. Romer

Federal Reserve Private Information and the Behavior of Interest Rates

w5669 John Cawley
Tomas Philipson

An Empirical Examination of Information Barriers to Trade in Insurance

w5605 Daron Acemoglu
Jorn-Steffen Pischke

Why Do Firms Train? Theory and Evidence

w4290 Louis Kaplow
Optimal Insurance Contracts When Establishing The Amount of Losses is Costly


1995
w5284 Owen Lamont
Macroeconomics Forecasts and Microeconomic Forecasters

w3958 Louis Kaplow
A Model of the Optimal Complexity of Rules

w5071 Michel Glower
Donald R. Haurin
Patric H. Hendershott

Selling Price and Selling Time: The Impact of Seller Motivation


1994
w4796 Roger H. Gordon
A. Lans Bovenberg

Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation

w4700 Paul Gertler
Roland Sturm
Bruce Davidson

Information and the Demand for Supplemental Medicare Insurance

w4652 Karla Hoff
Andrew B. Lyon

Non-Leaky Buckets: Optimal Redistributive Taxation and Agency Costs


1993
w4605 Kenneth Hendricks
Robert H. Porter

Determinants of the Timing and Incidence of Exploratory Drilling on Offshort Wildcat Tracts


1992
w4185 Robert H. Porter
The Role of Information in U.S. Offshore Oil and Gas Lease Auctions

w3868 Louis Kaplow
Steven Shavell

Private Versus Socially Optimal Provision of Ex Ante Legal Advice


1991
w3798 Francois Degeorge
Richard Zeckhauser

Information Handling and Firm Performance: Evidence from Reverse LBOs

w3769 Charles T. Clotfelter
Philip J. Cook

The "Gambler's Fallacy" in Lottery Play

w3766 Philip J. Cook
Charles T. Clotfelter

The Peculiar Scale Economies of Lotto

w3714 Joseph G. Altonji
The Demand for and Return to Education When Education Outcomes are Uncertain


Generated Tue Nov 24 04:34:39 2009

 
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