woohooo

🚨 working paper on merger 🚨 papers.ssrn.com/sol3/papers.... w/ Anirban and Federico (UVA). It "bridges" the gap b/w retrospective & prospective merger analyses to reveal that for airline mergers, either efficiency gains were limited or were offset by coordinated effects, not both. 1/2

I am very very happy to share this research paper with Charlie, Pallavi, and Arnab. Simple but well-founded economic ideas can generate big gains. for all. In the (likely) presence of exposure effect in Internet procurement, bundling K-12 schools outperforms separate auctions

Looks like the developers failed to read Becker’s 1991 Note on Restaurant Pricing. www.nytimes.com/2025/01/22/n...

Sometimes you have to write “Truth and Probability” just because Margaret won’t fuck with you. open.substack.com/pub/rottenan...

would have been better with reference to Weitzman

I've gotten a flurry of requests to access my slides on "Models, Measurement, and Language in Economics" (presumably thanks to the great new year's reading list from @rohitlamba.bsky.social). The file is publicly available via my web page, but here is the link: www.dropbox.com/scl/fi/ntgkb...

Ran Spiegler has a new book out that I found very entertaining. It's a collection of essays offering accessible introductions to modern classics of economic theory: global games, Bayesian persuasion, hold-up problem, competitive screening, ... And it's FREE! direct.mit.edu/books/oa-mon...