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Are survey stock price forecasts anchored by fundamental forecasts? A long-run perspective
This paper firstly shows that a wide range of asset pricing models, including full information and Bayesian rational expectations models, typically...
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Does the Russia-Ukraine war cause exchange rate depreciation? Evidence from the rouble exchange rate
This paper aims to examine the impact of the Russian-Ukraine war on the USD/RUB rate. The outcome reveals that war has severe adverse consequences...
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Remote work and location preferences: a study of post-pandemic trends in Italy
This study investigates how working remotely, by reducing workplace commuting, weakens the limitations connected to residential mobility and enables...
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Artificial intelligence and shapeshifting capitalism
Artificial intelligence (AI) is anticipated to reshape the economy by revolutionizing human interaction with technology. Despite its significance,...
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Stock Markets Cycles and Macroeconomic Dynamics
There is a consensus that stock markets are procyclical. However, answers to some important questions remain unclear. Do stock markets lead or lag...
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A Classical Requiem for Robert Solow
We prove an alternative and much simpler proof of the key results of the celebrated Solow growth model (Solow
1956 ), without the neo-classical... -
Economic Development, Energy Consumption, and Environmental Deterioration: A Non-Linear Evidence from India
This study examines whether hydropower consumption, fossil fuel consumption, and economic growth had symmetric or asymmetric impacts on India’s...
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Feudal political economy
How is order achieved in a realm in which every elite commands both economic and military resources, and no stable institutions of power exist? We...
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The Hotelling Line at 95: Introduction to the Special Issue
We discuss Harold Hotelling’s seminal paper “Stability in Competition,” some of the literature that built upon it, and introduce the papers in the...
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Probabilistic models of profiles for voting by evaluation
Considering voting rules based on evaluation inputs rather than preference rankings modifies the paradigm of probabilistic studies of voting...
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Partitionable choice functions and stability
We consider the two-sided many-to-one matching problem and introduce a class of preferences reflecting natural forms of complementarities. For...
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Spatial Competition Models in Health Care Markets: A Review
Through time, spatial competition has become the natural environment for studying a number of problems, ranging from product differentiation to mail...
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Calling “Gevald”: on the emergence of negative election forecasts in partisan communications
Individuals were found to anonymously predict positive election outcomes for their preferred candidate. Yet, there is little scientific knowledge...
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Sophisticated reasoning, learning, and equilibrium in repeated games with imperfect feedback
We analyze the infinite repetition with imperfect feedback of a simultaneous or sequential game, assuming that players are strategically...
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Blame and praise: responsibility attribution patterns in decision chains
How do people attribute responsibility when an outcome is not caused by an individual but results from a decision chain involving several people? We...
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Persistence or decay of strategic asymmetric dominance in repeated dyadic games?
In a dyadic game, strategic asymmetric dominance occurs when a player’s preference for one strategy A relative to another B is systematically...
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Dynamically consistent menu preferences
We provide a unified analysis of dynamically consistent menu preferences in which an agent may exhibit a preference for flexibility, a preference for...
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State’s Role in Income Inequality: Social Preferences and Life Satisfaction
This study analyzes the determinants of life satisfaction in two social identity profiles according to whether the individual favors or is against...
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Padding and pruning: gerrymandering under turnout heterogeneity
Padding is the practice of adding nonvoters (e.g., noncitizens or disenfranchised prisoners) to an electoral district in order to ensure that the...
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Generalized welfare lower bounds and strategyproofness in sequencing problems
In an environment with private information, we study the class of sequencing problems with welfare lower bounds. The “generalized welfare lower...
