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Philipp Koch, Viktor Stojkoski, and César Hidalgo
vol. 121 (39), n. e2402060121, September 2024
Can we use data on the biographies of historical figures to estimate the GDP per capita of countries and regions? Here, we introduce a machine learning method to estimate the GDP per capita of dozens of countries and hundreds of regions in Europe and North America for the past seven centuries...
Daniel L. Chen, Seda Ertac, Theodoros Evgeniou, Xin Miao, Ali Nadaf, and Emrah Yilmaz
vol. 9, n. 57, September 2024
Grit, a non-cognitive skill that indicates perseverance and passion for long-term goals, has been shown to predict academic achievement. This paper provides evidence that grit also predicts student outcomes during the challenging period of the Covid-19 pandemic. We use a unique dataset from a...
Sultan Mehmood, Shaheen Naseer, and Daniel L. Chen
vol. 170, n. 103317, September 2024
Randomizing different schools of thought in training altruism finds that training junior deputy ministers in the utility of empathy renders at least a 0.4 standard deviation increase in altruism. Treated ministers increased their perspective-taking: blood donations doubled, but only when blood...
Alexandre de Cornière, and Greg Taylor
vol. 70, n. 9, September 2024, pp. 5627–6482
We study mergers between firms operating in data-connected markets: the data generated as a byproduct of the activity on market A can be used by firms operating on market B. The effects of such a merger depend on whether data trade among independent firms is possible, and on whether data use...
Romain Espinosa, Sylvie Borau, and Nicolas Treich
vol. 14, n. 20584, September 2024
Fabien Gensbittel, Dana Pizarro, and Jérôme Renault
vol. 14, n. 4, September 2024, pp. 806 – 845
We extend the prophet inequality problem to a competitive setting. At every period, a new realization of a random variable with a known distribution arrives, which is publicly observed. Then two players simultaneously decide whether to pick an available value or to pass and wait until the next...
Marc Arnaudon, Koléhè Coulibaly-Pasquier, and Laurent Miclo
vol. 37, September 2024
Daniel L. Chen
vol. 111, n. 102218, August 2024
Jean-Charles Rochet
vol. 113, August 2024, p. 103010
This expository article surveys the literature that has followed my paper “A Necessary and Sufficient Condition for Rationalizability in a Quasi-linear Context” that was published in the Journal of Mathematical Economics in 1987.
Marco Corazza, René Garcia, Faisal Shah Khan, Davide La Torre, and Hatem Masri (eds.)
World Scientific Publishing, August 2024
