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上海财经大学微观经济学课件Chapter 5 Choice
There is well-established evidence that decision makers consistently fail to consider all available options. Instead, they restrict their attention to only a subset of it and then undertake a more d...
This paper examines the effect of direct-to-consumer advertising (DTCA) on doctor choice of prescription drugs. Using antihistamines as an example, we show that DTCA has a small and insigni...
This paper shows how to recursively calculate analytic first and second derivatives of the likelihood function generated by a popular version of a discrete-choice, dynamic programming model, allowing ...
The criterion of economic performance used in this study is magnitude of fluctuations in inflation and output around longer term secular trends. The secular trends themselves are not the immediate f...
There has probably never been a consensus among economists about the role of expectations in formulating monetary policy. Today two widely different views seem to dominate policy research and practi...
While much of the school choice literature advocates strategyproofness, recent research has aimed to improve efficiency using mechanisms that rely on non-truthtelling equilibria. We address two issues...
The theory of intertemporal consumption choice makes sharp predictions about the evolution of the entire distribution of household consumption, not just about its conditional mean. In the paper, we ...
Envelope Theorems for Arbitrary Choice Sets.
What determines the choice of countries' trade partners? We show theoretically and empirically that financial market imperfections affect the number and identity of exporters' destinations. Big...
Premiums in health insurance markets frequently do not reflect individual differences in costs, either because consumers have private information or because prices are not risk rated. This creates i...
Analyzing School Choice Reforms That Use America’s Traditional Forms of Parental Choice.
Comprehensive yet Simple: Florida’s Tapestry of School Choice Programs.
Choice and Federalism Defining the Federal Role in Education.
In the market for medical care, physicians often face uncertainty about how a newly diagnosed patient will respond to available treatments. I design a framework to analyze how price and promotion in...

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