Playing Divide-and-Choose Given Uncertain Preferences
We study the classic divide-and-choose method for equitably allocating divisible goods between two players who are rational, self-interested Bayesian agents.
Research
Second-Best Amendment: Market Power and Tax Design in the Firearms Industry
This paper studies the roles of market power and taxes in determining market surplus and social welfare in the U.S. consumer firearms industry.
Austria Should Be America’s European Model
Political lessons from one of the West’s most underrated countries.
Race, shaming, and international human rights
Can human rights organizations (HROs) shame governments without fueling racism against diasporas or appearing racist?
Rebuilding Kharkiv: Economic Strategy
This report presents an economic strategy for Kharkiv's recovery and development.
The True Cost of Living
Sharply higher borrowing costs, especially for housing, fueled a disconnect between inflation statistics and consumer sentiment
The Complementarity Between Cities and State Capacity
Public capacity complements urban density because externalities abound in cities and urban scale makes it possible to share infrastructure that needs to be managed.
GDP as a Measure of Economic Well-Being
The sense that recent technological advances have yielded considerable benefits for everyday life, as well as disappointment over measured productivity and output growth in recent years, have spurred
Eight Questions—and Some Answers—on the US Fiscal Situation
This paper examines the current US fiscal situation and outlook through eight key questions.
The Mysteries of Cities and Economic Growth
It’s impossible to think about economic growth without also thinking about cities’ vital role in connecting the world
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