General Economics
Broad economic research including computational and behavioral economics.
econ.GN · 114 papersEffects of Genetic Propensity for Education on Labor Market and Health Trajectories across the Working Life
Genetic propensity for education predicts income growth for tertiary-educated individuals via job mobility, with significant paternal genetic influence.
Price as Focal Point: Prediction Markets,Conditional Reflexivity, and the Politics of Common Knowledge
This paper argues prediction markets act as coordination mechanisms, influencing behavior and potentially becoming self-fulfilling, rather than just forecasting.
A phase transition in monetary function explains expansion without inflation
Monetary function is phase-dependent; new money can occupy distinct compartments, explaining why large expansions don't always cause inflation.
MarketBench: Evaluating AI Agents as Market Participants
MarketBench evaluates AI agents' self-assessment and cost estimation for market participation, revealing miscalibration as a key bottleneck.
Buying the Right to Monitor:Editorial Design in AI-Assisted Peer Review
AI in peer review causes reviewer effort collapse, requiring editors to loosen acceptance standards and invest in AI detection, a policy reversal.
The Security Cost of Intelligence: AI Capability, Cyber Risk, and Deployment Paradox
This paper introduces the 'deployment paradox,' where better AI can lead to less deployment in high-risk environments due to weak governance and broad authority exposure.
Price Cap vs. Per-Unit Subsidies: Selection, Pricing, and Cross Subsidization
This paper evaluates FCC healthcare subsidy mechanisms, finding ad valorem reduces spending but consortiums inflate it via cross-subsidization.
On Benchmark Hacking in ML Contests: Modeling, Insights and Design
This paper models benchmark hacking in ML contests, revealing strategic effort allocation and reward impacts on true generalization.
Mitigate or Fail: How Risk Management Shapes Cybersecurity Competency
Cybersecurity professionals are trained for threat management, not true risk management, despite using risk language, leading to persistent failures.
Demand Curvature and Pass-Through in Differentiated Oligopoly
This paper provides a general framework for understanding cost pass-through in differentiated oligopolies, considering demand curvature, substitution, and multiproduct ownership.
Ideological Bias in LLMs' Economic Causal Reasoning
LLMs exhibit systematic ideological bias in economic causal reasoning, performing better on intervention-oriented predictions than market-oriented ones.
AI Governance under Political Turnover: The Alignment Surface of Compliance Design
A model reveals how AI governance, designed for compliance, can be strategically exploited by future governments, making AI adoption hard to reverse.
Large Language Models Outperform Humans in Fraud Detection and Resistance to Motivated Investor Pressure
Large language models significantly outperform humans in detecting investment fraud and resisting investor pressure to suppress warnings.
Information Aggregation with AI Agents
AI agents can aggregate information in prediction markets, but struggle with complexity and surprisingly perform worse with performance feedback.
Routine Work, Firm Boundaries, and the Rise of Local Supplier Entry
Outsourcing of routine-cognitive work leads to a rise in local supplier entry, explaining increased business applications but fewer employer firms.
Educational Mobility Across Multiple Generations in Indonesia
This paper finds greater multigenerational educational mobility in Indonesia than parent-child correlations suggest, driven by financial constraints and marital norms.
Stochastic Networked Governance: Bridging Econophysics and Institutional Dynamics in a Positive-Sum Agent-Based Model
The SNG model uses econophysics and network science to simulate how institutional changes and shocks drive economic collapses, validated with historical data.
Behavioral Transfer in AI Agents: Evidence and Privacy Implications
AI agents systematically reflect their human owners' behaviors, acting as extensions and raising significant privacy concerns through implicit data transfer.
Comment on "The Forsaken Road: Reassessing Living Standards Following the Cuban Revolution and the American Embargo"
This paper refutes claims that the US embargo had minimal impact on Cuba's economy, showing it explains a substantial portion of underperformance.
Understanding the Mechanism of Altruism in Large Language Models
Researchers uncover the neural mechanisms of altruism in LLMs using SAEs, identifying and manipulating features linked to prosocial behavior.
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