The myth of studying to build mental muscles – Bryan Caplan
22 Dec 2019 Leave a comment
in econometerics, economics of education, economics of information Tags: adverse selection, asymmetric information, self-selection, signaling
The day Minsky macroeconomics died! Instability can’t be fixed so easily?
23 Nov 2019 Leave a comment
in budget deficits, business cycles, economic history, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics, Public Choice Tags: asymmetric information, bank runs, banking panics, deposit insurance, economics of central banking, Keynesian macroeconomics, moral hazard, Post-Keynesian macroeconomics
Tirole on the difficulties of network and utility regulation. Tradeoff between high cost, low profit firms v. low cost, high profit firms
16 Oct 2019 Leave a comment
My favourite economist joke as told by David Friedman
10 Oct 2019 Leave a comment
in applied price theory, David Friedman, economics of crime, economics of information, law and economics Tags: agent principal problem, asymmetric information, moral hazard
Akerlof’s lemons paper showed how markets profited from overcoming asymmetric information
21 Sep 2019 Leave a comment
in applied price theory, Austrian economics, comparative institutional analysis, economics of information, economics of regulation, entrepreneurship, industrial organisation, survivor principle Tags: asymmetric information
Ban the box, no questions on criminal records, increased statistical discrimination against young black male job applicants
01 Mar 2019 Leave a comment
in applied price theory, discrimination, economics of crime, economics of information, labour economics, labour supply, law and economics, politics - USA Tags: asymmetric information, racial discrimination, statistical discrimination
Kevin Murphy: The Economics of Innovation, Part 2 – Recent Work on Risk and Health
29 Dec 2018 Leave a comment
in applied price theory, economics of information, health economics Tags: asymmetric information, moral hazard
Pirates & the Theory of the Firm – Intro to Political Economy, Lecture17 Mike Munger
10 Dec 2018 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of crime, entrepreneurship, human capital, industrial organisation, labour economics, law and economics, managerial economics, occupational choice, organisational economics, personnel economics, property rights, survivor principle, theory of the firm Tags: asymmetric information, moral hazard, transaction costs
Doug Allen “The Duel of Honor – screening for unobserved social capital”
30 Nov 2018 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of crime, human capital, law and economics, property rights Tags: asymmetric information, screening, signalling
Gabrielle Sanchez on product differention and quality assurance in people smuggling
26 Nov 2018 Leave a comment
in applied price theory, development economics, economics of crime, economics of information, entrepreneurship, industrial organisation, international economic law, international economics, International law, labour economics, labour supply, law and economics, politics - USA, survivor principle Tags: asymmetric information, economics of immigration
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