Could Distributed Peer Review Better Decide Grant Funding?
The landscape of academic grant funding is notoriously competitive and plagued by lengthy, bureaucratic processes, exacerbated by difficulties in finding willing reviewers. Distributed […]
Why Did Contract Theory Deserve a Nobel Prize?
As technology improves and organizations become more complex, the theory and practice of contract design will only increase in importance. As such, we owe, we owe a great debt to this year’s Nobel laureates in economics for giving us powerful tools to structure effective contracts.
How Data Empowered the Individual (and Won a Nobel)
Angus Deaton called for the applied microeconomists not to abandon economic theory in favor of experiments but instead to think more deeply about the consequences of economic theories and how they can be tested using real-world data. This is the approach he has followed throughout his career and what has led to him win a Nobel Prize.
Bridge-building Economist Angus Deaton Wins Nobel
The Nobel committee has awarded Princeton’s Angus Deaton ‘for his analysis of consumption, poverty, and welfare.’ But in fact, he was awarded for building bridges – between disciplines, between theory and reality, between people.
What I’ve Got Against the Nobel in Economics
This year’s winner of the not-quite Nobel Prize in economics once again demonstrates the triumph of the blackboard over the real world in what gets recognized — and that’s not good, argues David Spencer.
Regulation Wrangler Wins Nobel in Economics
How do we understand and regulate industries where there are only a few powerful firms? French economist Jean Tirole, for one, asked such a question and his answers earned him a Nobel this morning.
My social science career: Interview with Elinor Ostrom
As part of a series of occasional interviews with leading social scientists, Elinor Ostrom spoke to socialsciencespace. In 2009, she became the […]
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