openaccess Tag

https://www.rivisteweb.it/doi/10.1410/118341

Abstract.  The economic causes of nineteenth-century agrarian unrest in the United States continue to be debated.  This paper examines how Populism was influenced by errors in farmers’ forecasting of crop prices.  These losses are quantified by applying a model that makes minimal assumptions about how farmers formed price expectations.  Both wheat and cotton producing states exhibit a pattern of forecasting errors peaking during the height of the...

In Qeios, online open access journal with signed reviews, 10/25/2025.

https://www.qeios.com/read/MW5WXQ.2

With William E. Watkins

Economists conventionally attribute inequality in employee compensation to differences in the marginal productivities of workers. However, it is possible that inequality arises from an entirely different source – the network structure of the organizations to which the employees belong....




Ecological Economics 201 (November 2022)

(with Charles F. Manski and Alan H. Sanstad)

https://authors.elsevier.com/sd/article/S0921-8009(22)00214-2
Abstract

Integrated assessment models have become the primary tools for comparing climate policies aimed at reducing greenhouse gas emissions. Such policies have often been identified by considering a planner who seeks to make optimal trade-offs between the...