经济学
Open defecation, which is linked to poor health outcomes and lower cognitive ability has been widespread in India. Improved sanitation practice generates local health externalities, which implies that the returns to private toilet usage…
Non-Fungible Tokens (NFTs) are transforming how content creators, such as artists, price and sell their work. A key feature of NFTs is the inclusion of royalties, which grant creators a share of all future resale proceeds. Although widely…
We show that identification in a general class of dynamic panel logit models with fixed effects is related to the truncated moment problem from the mathematics literature. We use this connection to show that the identified set for…
This paper proposes Covariate-Balanced Weighted Stacked Difference-in-Differences (CBWSDID), a design-based extension of weighted stacked DID for settings in which untreated trends may be conditionally rather than unconditionally parallel.…
We study how artificial intelligence (AI) affects firms' incentives to pursue incremental versus radical knowledge recombinations. We develop a model of recombinant innovation embedded in a Schumpeterian quality-ladder framework, in which…
It is common when using cross-section or panel data to assign each observation to a cluster and allow for arbitrary patterns of heteroskedasticity and correlation within clusters. For regression models, there are many ways to make…
We conducted a large-scale resume audit of 36,880 applications to 9,220 job advertisements for new college graduates across the United States. Firms express task preferences through job-advertisement text, which we link to occupation-level…
Tomato prices in Kolar market exhibit high volatility alongside recurring seasonal patterns, but the consistency of these patterns across years remains unclear. This study analysed weekly tomato prices and arrivals from 2010-2024 to…
Scientific knowledge flows enable cumulative progress by connecting researchers across disciplines, institutions, and countries. Yet it remains unclear how geography and national structures continue to shape these exchanges in an…
When does consulting one information source raise the value of another, and when does it diminish it? We study this question for Bayesian decision-makers facing finite actions. The interaction decomposes into two opposing forces: a…
As AI systems shift from directing users to content toward consuming it directly, publishers need a new revenue model: charging AI crawlers for content access. This model, called pay-per-crawl, must solve a problem of mechanism selection at…
Society 5.0 and Industry 5.0 call for human-centric technology integration, yet the concept lacks an operational definition that can be measured, optimized, or evaluated at the firm level. This paper addresses three gaps. First, existing…
We develop a theory of distributive competition under redistricting that explains both electoral outcomes and the equilibrium allocation of policy benefits by endogenizing voter pivotality. In a multi-district model with primaries, general…
In this paper, we study aggregation rules with nontrivial symmetric classes of invariant sets (restricted domains), assuming that they, unlike others, have a logical nature. In the simplest case, we provide a complete classification of such…
A burgeoning literature in economics studies how people form beliefs about the causal structures linking economic variables, and what happens when those beliefs are mistaken. We survey this research and connect it to a rich literature in…
Randomization tests deliver exact finite-sample Type 1 error control when the null satisfies the randomization hypothesis. In practice, achieving these guarantees often requires stronger conditions than the null hypothesis of primary…
Motivated by concerns that AI-driven entry-level automation may deprive new generations of valuable work experience, this paper studies how technological change affects the intergenerational transmission of tacit knowledge -- practical,…
A researcher wants to ask a decision-maker about a belief related to a choice the decision-maker made; examples include eliciting confidence or cognitive uncertainty. When can the researcher provide incentives for the decision-maker to…
Standard procurement models assume that the buyer knows the quality of the good at the time of procurement; however, in many settings, the quality is learned only long after the transaction. We study procurement problems in which the…
We conduct an incentivized laboratory experiment to study people's perception of generative artificial intelligence (GenAI) alignment in the context of economic decision-making. Using a panel of economic problems spanning the domains of…