Letting people know that others might ask them, is an obvious implication of our study, and it turns out that the Obama campaign did just that, too, as part of their turnout experiments. They let Democratic voters know that they would be asked whether they voted, and so this tight-knit community where there is some informal monitoring does seem to be one of the ways that keeps up voting. Now you may ask, “Is this a good or a bad thing, potentially inflicting shame and guilt on those that don’t vote?”, and that’s part of what we point to. That’s part of how we get voting to be high enough, which is generally a desirable objective.
This is the program for the economics research seminar at the University of Giessen, which is organized by Dr. Johannes Paha and myself.
|Oct. 28, 2013||Prof. Lutz Kilian, PhD (Univ. of Michigan)||Quantifying the Role of Speculation in Oil Markets||HS 24a|
|Dec. 4, 2013||Florian Hoos, PhD (HEC Paris)||Can They Serve Different Masters?||R 601|
|Dec. 11, 2013||Dr. Benjamin Weigert (German Council of Economic Experts)||Vorstellung des Jahresgutachtens des Sachverständigenrats||HS 3|
|Jan., 15, 2014||Prof. Dr. Oliver Hülsewig (University of Applied Sciences Munich)||Smells like fiscal policy? Evaluating the potential effectiveness of the ECB’s OMT program||R 601|
|Feb., 2, 2014||Prof. Dr. Sebastian Kranz (Ulm University)||Predatory Short-Sales and Bailouts||R 601|
All talks start at 6 pm.
My new paper “Rewards and the private provision of public goods on dynamic networks” is published in the Journal of Evolutionary Economics (here).
Last month, Frank Hahn (1925-2013), one of the fathers of general equilibrium theory, has passed away.
In 1991 he wrote about the next 100 years of economic theory:
I am pretty certain that the following prediction will prove correct: theorising of the ‘pure’ sort will become both less enjoyable and less possible.
As someone working in game theory I was delighted to hear that Alvin Roth and Lloyd Shapley were awared rthe 2012 Nobel Price in economics. Here is a nice piece on Roth’s work on dwarf-tossing and wife-carrying.
Veronika Grimm explains Shapley’s and Roth’s work on matching and its practical relevance for a broad audience here (in German).
Here is a very good description on how to surive the peer review process.
The Journal of Economic Perspectives JEP celebrates its 25th birthday. Access to all issues is now free.
Karl Marx is now on the new MasterCard from Sparkasse Chemnitz.
“The only intelligible language in which we converse with one another consists of our objects in their relation to each other. We would not understand a human language and it would remain without effect. By one side it would be recognised and felt as being a request, an entreaty, and therefore a humiliation.“
Marx, Comments on James Mill (1844)
Reminds me of my days as a grad student: “You know you are a graduate student, goes one quip, when your office is better decorated than your home and you have a favourite flavour of instant noodle.”
As the walk out of 70 students from Prof. Mankiw’s class illustrates, there is a demand for “alternative approaches” to economics. Here you can read a summary of the events as well as the open letter to Prof. Mankiw, in which the students explicitely state their demand for Keynesian economics.
Together with Larry Summer’s statement (see the previous post) the walk out shows evidence for a growing discontent with the homogenization of economic programs.