经济学

In models of intra-household resource allocation, the earnings from joint work between two or more household members are often omitted. I test assumptions about complete pooling of resources within a household, by accounting for income…

This paper systematically analyzes and reviews identification strategies for binary choice logit models with fixed effects in panel and network data settings. We examine both static and dynamic models with general fixed-effect structures,…

We explore the core concept in a generalization of the housing market model where agents own fractional endowments while maintaining ordinal preferences. Recognizing that individuals are easier than coalitions to block an allocation, we…

This paper analyzes Shinohara Rock-Paper-Scissors (RPS), a variant of the classic RPS game introduced by board game designer Yoshiteru Shinohara. Players compete against a host who always plays rock, so players choose either rock or paper.…

Caseworkers in foster care systems match waiting children to adoptive homes. We use dynamic matching market design to characterize a class of mechanisms that incentivize expedient matches that homes can accept or decline. We design…

This paper addresses information design in a workhorse model of network games, where agents have linear best responses, the information designer maximizes a quadratic objective, and the payoff-relevant state follows a multivariate Gaussian…

Yu and Zhang (2025) introduce a new method for defining trading mechanisms in market design and apply it to develop new mechanisms that achieve efficiency and fairness in various models. However, their assumption of strict preferences…

We develop a method using parameterized linear equations to define trading mechanisms in market design models. Our method adeptly addresses challenges arising from factors such as complex endowments or coarse priorities, while offering…

We consider a correlated random coefficient panel data model with two-way fixed effects and interactive fixed effects in a fixed T framework. We propose a two-way mean group (TW-MG) estimator for the expected value of the slope coefficient…

When environmental regulations are unpopular, policymakers often attribute resistance to information frictions and poor communication. We test this idea in the context of a major climate policy: Germany's Heating Law of 2023, which mandates…

The theory of optimal choice sets offers a well-established solution framework in social choice and game theory. In social choice theory, decision-making is typically modeled as a maximization problem. However, when preferences are cyclic…

Although Artificial Intelligence (AI) holds great promise for enhancing innovation and productivity, many firms struggle to realize its benefits. We investigate why some firms and industries succeed with AI while others do not, focusing on…

The information investors acquire in asset markets has various forms. We refer to range information as information about the upper and lower bound which the payoff of an asset may reach in the future. This paper explores the market impacts…

While there is excitement about the potential for algorithms to optimize individual decision-making, changes in individual behavior will, almost inevitably, impact markets. Yet little is known about such effects. In this paper, I study how…

Many widely used network centralities are based on counting walks that meet specific criteria. This paper introduces a systematic framework for walk enumeration using generating functions. We introduce a first-passage decomposition that…

We study a model of persuasion in which the receiver is a `conservative Bayesian' whose updated belief is a convex combination of the prior and the correct Bayesian posterior. While in the classic Bayesian case providing information…

We study fairness in the allocation of discrete goods. Exactly fair (envy-free) allocations are impossible, so we discuss notions of approximate fairness. In particular, we focus on allocations in which the swap of two items serves to…

Motivated by the orthogonal series density estimation in $L^2([0,1],\mu)$, in this project we consider a new class of functions that we call the approximate sparsity class. This new class is characterized by the rate of decay of the…

This paper examines Modern Mercantilism, characterized by rising economic nationalism, strategic technological decoupling, and geopolitical fragmentation, as a disruptive shift from the post-1945 globalization paradigm. It applies Principal…

We analyze inertial coordination games: dynamic coordination games with an endogenously changing state that depends on (i) a persistent fundamental players privately learn about over time; and (ii) past play. The speed of learning…