Imperfect Information

In a fascinating post on joke-theft in the world of stand-up comedy, Kal Raustiala and Chris Sprigman describe the manner in which social n...

Theoretical Economics is among the most prestigious journals specializing in economic theory, with a stellar editorial board and high quali...

Over on the Aleph Blog, David Merkel has promised a "long set of irregular posts" about what he calls "the rules." Here...

A recent report by Max Abelson contains some choice statements by a couple of former Lehman executives: There are two ways to react to the ...

Financial practices such as leverage and maturity transformation have been getting a lot of attention in the aftermath of the recent crisis....

One of the most rewarding aspects of blogging is that it gives me the opportunity learn from those who read and comment on the ideas expres...

The recent difficulties faced by Greece (and some other eurozone states) in rolling over their national debt has let some to blame hedge f...