- For-Profit Journals Must End
- As the cost to deliver information falls, for-profit journals are not just exclusionary but also economically inefficient.
- What an Economist Means by Rationality
- The bedrock of modern economic methodology is both more powerful and more innocuous than you think.
- Aging Happens to Us All
- How we might achieve deeper yet more accessible debate on economic policy by focusing less on the details, via the case study of aging populations.
- Cats Among the Pigeons: Top Economic Reads
- A few book recommendations from summer 2015.
Academic journal articles (my Google Scholar page)
- Ownership and Pricing of Information: A Model and Application to Open Access (Information Economics and Policy, December 2015), pdf working paper version
- Model of use of information with an intergenerational externality; in general neither competitive or monopolized markets correct the externality; as costs fall, monopolized information is increasingly inefficient; open access is good for either efficiency, consumer surplus, or both.
- Localized Price Promotions as a Quality Signal in a Publicly Observable Network (Quantitative Marketing and Economics, March 2015), pdf working paper version
- Signaling game with consumers arranged in a network that transmits quality information; efficient signaling requires considering set connectivity rather than individual connectivity.
- Privacy Regulation and Market Structure, with Avi Goldfarb and Catherine Tucker (Journal of Economics & Management Strategy, Spring 2015), pdf working paper version
- Regulation to protect consumers’ data could be anti-competitive; global opt-in privacy rules may induce less distortion to competition.
- Targeting Informative Messages to a Network of Consumers (Review of Network Economics, September 2012), pdf working paper version
- Firms competing to inform a population in which consumers share information across network links; targeting patterns depend on structure of the informers’ industry; in some cases network owners strategically induce an advertising arms race in equilibrium.
Academic work in progress
- Availability of better data on communication networks can undermine community enforcement (working paper, draft 10/22/16)
- Precise, non-anonymous data on communication networks can undermine the ability of those networks to police bad behavior by outsiders.
- Encouraging upstream experimentation and downstream coordination in a design and development game (working paper, draft 8/9/2017)
- Intermediaries can help everyone do better in competitive standard-setting problems by acting as a commitment device that strategically sometimes rewards ‘bad’ ideas. Applications to political primaries and technology compatibility problems.
- Cannibalization, Innovation, and Spin-outs (with April M. Franco, revised draft coming soon)
A few things I’m currently working on: valuing social network data, literary readings of intermediate microeconomics models, learning and assimilation in organizations, competitive public relations, and an angel/devil on your shoulders model of decision-making. Feel free to drop me a line if you’d like to talk about these, or any other topics you think I might be interested in.