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1500 questions
7
votes
1 answer
Intellectual property as a retarder of innovation
I am aware of some work such as
O'Donoghue (1998): "A Patentability Requirement for Sequential
Innovation", RAND Journal of Economics
and
Hunt (1999): "Nonobviousness and the incentive to innovate: an
economics analysis of intellectual…
Ubiquitous
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7
votes
2 answers
Can't Derive Expectation in Second Price Auction
I'm working on a SPA where we solve:
$\max_{\beta \ge 0} Pr\{Winning\}[v - \mathbb{E}(b^{[2]} \ | \ b^{[2]} \le \beta)]$
We assume all beliefs on bids are independently and identically distributed on $[0,1]$ given by CDF $F(b)$.
$b^{[2]}$ denotes…
hipHopMetropolisHastings
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7
votes
3 answers
Why is a higher inflation rate bad for international competitiveness?
Why if there's a higher inflation rate in country A then its exports are less competitive and its trading partners prefer to buy from countries with lower inflation rates?
Richard Smith
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7
votes
1 answer
Which data on GDP to use?
Wiki's article provides with 3 sources for GDP data: IMF, World Bank and CIA.
I wonder which of them is better (i.e. more accurate)? Also, what about reliability of so called Penn tables?
If anyone is aware of the source which is better than the…
push
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7
votes
3 answers
Why did creating the Eurozone cause the cost of labor to rise in Greece?
As I understand the implementation of the Euro as a common currency caused labor prices to spike in certain countries, Greece being one of them. Why did this happen? Why did it affect certain countries more than others?
Ian Vera
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7
votes
1 answer
Literature on factors affecting number of houses built
Is there any existing literature on the various factors affecting the number of houses constructed in a particular city over, say, a given month? Factors might include: quality of housing stock, a lagging value of housing sale price, house price to…
Alex
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7
votes
3 answers
Is there an economic analysis of how piracy allows a product to take a hegemonic position?
There's an interesting situation with the likes of Photoshop, where the software being pirated actually increases its market usage, and the software becomes the de facto standard, in part due to software piracy.
In the instance of Photoshop for…
dwjohnston
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7
votes
6 answers
Economics and Euclidean geometry
I am looking for economics papers which use concepts, techniques and theorems from geometry. I am mainly interested in Euclidean geometry, the kind of material that is taught on high-schools (e.g. proving theorems about triangles, squares, circles,…
Erel Segal-Halevi
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7
votes
4 answers
How is money created on net?
I have the impression that everyone has more net money than in the past. By net money I means cash + money lent to others - money borrowed from others. If this is true, where does the extra net money come from? Is it right to say that originally all…
Petite Etincelle
- 131
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7
votes
5 answers
list of math intense graduate level microeconomics books?
List of math intense graduate level microeconomics books?
Except Reny's book, krep's books, varian's book and mas-collell's book
books from subfields are acceptable, however by math intense i mean most of the books pages contain some level of…
Victor
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7
votes
3 answers
Why do indebted governments fear deflation?
It's widely accepted among people who follow finance that various governments around the world, including the US government, are doing (or their central banks are doing) everything possible to keep their economy out of a deflationary state. (cf. Ben…
Mason Wheeler
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7
votes
3 answers
Why are nations engaging in austerity when bond yields are historically low?
In the UK and EU austerity programmes are rife. However, bond yields are also historically low, and have even been negative! At a time when debt is cheaper than ever, and below the accepted long term rate of inflation, why do governments not take…
James
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7
votes
1 answer
Game theory: Textbooks
I am really a beginner guy in game theory.
Which kind of books could you suggest me as beginner/intermediate/advanced textbooks in game theory ?
I have no problem in maths, so any books with full of maths are ok for me.
As I don't really know so…
optimal control
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7
votes
5 answers
Reading list: history of economic thought / political economy
Can you all please suggest books that I can read to get started in the fields of political economy and the history of economic thought?
While my major in Mathematical Economics has given me a good grounding in the theoretical models of economics…
lasoon
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7
votes
3 answers
How can I draw an edgeworth box with 3 different goods?
If there are 3 types of goods(x,y,z) and 2 consumers (a,b) how can I draw the Edgeworth box? It must be 3 dimensional, right?
Is there a software or online tool that I can use to draw a 3D Edgeworth box?
economist
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