Imperfect Information

Writing in the New York Times today, Richard Thaler had this to say : Here's a list of national domestic priorities, in no particular or...

For several years now Michele Boldrin and David Levine have been making a vigorous case for the outright elimination of most copyright and p...

In an earlier post I mentioned an interview with Eric Maskin in which he claimed that "most of the pieces for understanding the curre...

There has been a lot of impassioned debate over the efficient markets hypothesis recently, but some of the disagreement has been semantic ra...

In a recent essay in Nature , Doyne Farmer and Duncan Foley have made a strong case for the use of agent-based models in economics. These...

Two notable economics blogs - Cheap Talk and The Money Illusion - celebrated their first birthdays yesterday. Each marked the occasion wit...

In response to the barrage of criticism that has been aimed at the efficient markets hypothesis recently, Robin Hanson makes a plea : Look, ...