How to Judge Voting Schemes

[Symposium: Economics of Voting]

By Amartya Sen

Journal of Economic Perspectives, Winter 1995

This symposium on voting procedures presents many interesting findings and insights. This note scrutinizes them and discusses two general issues. First, the assumption that voters' preferences are menu-independent (and based on one canonical ordering of t...

A Simple Mechanism for the Efficient Provision of Public Goods: Experimental Evidence

By Josef Falkinger, Ernst Fehr, Simon Gächter, and Rudolf Winter-Ember

American Economic Review, March 2000

Racial Profiling as a Public Policy Question: Efficiency, Equity, and Ambiguity

By Steven N. Durlauf

American Economic Review, May 2005

Firm-Specific Human Capital as a Shared Investment: Reply

By Masanori Hashimoto

American Economic Review, March 2001

Standing on the Shoulders of Giants: Cumulative Research and the Patent Law

[Symposium: Intellectual Property]

By Suzanne Scotchmer

Journal of Economic Perspectives, Winter 1991

Most innovators stand on the shoulders of giants, and never more so than in the current evolution of high technologies, where almost all technical progress builds on a foundation provided by earlier innovators. Most economics literature on patenting and p...

Space: The Final Frontier

[Symposium: Urban Agglomeration]

By Paul Krugman

Journal of Economic Perspectives, Spring 1998

Traditionally, until the early 1990s, spatial economics -- the study of where economic activity takes place and why -- was pretty much neglected. Even now not one of the best-selling introductory textbooks in economics contains a single index entry for "l...

Repo Market Effects of the Term Securities Lending Facility

By Michael J. Fleming, Warren B. Hrung, and Frank M. Keane

American Economic Review, May 2010

Bank Leverage Cycles

By Galo Nuño and Carlos Thomas

American Economic Journal: Macroeconomics, April 2017

We propose a general equilibrium framework with financial intermediaries subject to endogenous leverage constraints, and assess its ability to explain the observed fluctuations in intermediary leverage and real economic activity. In the model, intermediar...

Beneficial Long Communication in the Multiplayer Electronic Mail Game

By Kris De Jaegher

American Economic Journal: Microeconomics, November 2015

In the two-player electronic mail game (EMG), as is well-known, the probability of collective action is lower the more confirmations and reconfirmations are made available to players. In the multiplayer EMG, however, we show players may coordinate on equi...

Do Online Homework Tools Improve Student Results in Principles of Microeconomics Courses?

By William Lee, Richard H. Courtney, and Steven J. Balassi

American Economic Review, May 2010

Bicameralism and Its Consequences for the Internal Organization of Legislatures

By Daniel Diermeier and Roger B. Myerson

American Economic Review, December 1999

Theories of organization of legislatures have mainly focused on the U.S. Congress, explaining why committee systems emerge there, but not explaining variance in organization across legislatures of different countries. To analyze the effects of different c...

Explaining Asset Prices with External Habits and Wage Rigidities in a DSGE Model

By Harald Uhlig

American Economic Review, May 2007

Openness, Open Source, and the Veil of Ignorance

By Suzanne Scotchmer

American Economic Review, May 2010

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Spring 2008

Coming to America: Does Having a Developed Home Country Matter for Self-Employment in the United States?

By Ruth Uwaifo Oyelere and Willie Belton

American Economic Review, May 2012

This research examines the relationship between the economic status of an immigrant's home country and the probability of self-employment in the US. We find that immigrants from developing countries on average have lower self-employment probabilities rela...

A Note on Different Approaches to Index Number Theory

By Matthijs van Veelen and Roy van der Weide

American Economic Review, September 2008

Free Markets and Fettered Consumers

By Daniel McFadden

American Economic Review, March 2006

Taxes, Social Subsidies, and the Allocation of Work Time

By L. Rachel Ngai and Christopher A. Pissarides

American Economic Journal: Macroeconomics, October 2011

We examine the allocation of hours of work across industrial sectors in OECD countries. We find large disparities across three sector groups, one that produces goods without home substitutes, and two others that have home substitutes but are treated diffe...

Portfolio Choices of Parents and Their Children as Young Adults: Asset Accumulation by African-American Families

By Ngina S. Chiteji and Frank P. Stafford

American Economic Review, May 1999

Regional Workshops to Improve the Teaching Skills of Economics Faculty

By Rae Jean B. Goodman, Mark Maier, and Robert L. Moore

American Economic Review, May 2003