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Games on Multiplex Networks

By Yves Zenou and Junjie Zhou

American Economic Review

We develop a simple multilayer network model in which agents allocate effort across layers with heterogeneous structures, subject to an aggregate effort constraint. Incentives are shaped by agents’ network positions within each layer, and equilibrium...

Prime Locations

By Gabriel M. Ahlfeldt, Thilo N. H. Albers, and Kristian Behrens

American Economic Review: Insights

We develop a method for delineating prime locations—ultra-dense clusters of economic activity—within cities and apply it to comprehensive establishment data covering all US metropolitan areas. We further use big data to extend the analysis to a glo...

How Test Optional Policies in College Admissions Disproportionately Harm High Achieving Applicants from Disadvantaged Backgrounds

By Bruce Sacerdote, Douglas O. Staiger, and Michele Tine

American Economic Review: Insights

We analyze data from one elite institution and find that test score optional policies harm the likelihood of admission for high achieving applicants from disadvantaged backgrounds. Under test optional policies, these applicants submit test scores at to...

On Dynamic Pricing

By Ilia Krasikov and Rohit Lamba

American Economic Journal: Microeconomics, February 2026

This paper builds a theory of dynamic pricing for the sale of timed goods. The main friction is private and evolving valuation of the buyer prior to the date of consumption, which follows a Poisson process. A combination of membership fees and continuousl...