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4562 results in Microeconomics

Page 1 of 229

The Economics of Language
  • How Large Language Models Can Reshape Behavioural Economics
  • Valerio Capraro
  • Coming soon
  • Expected online publication date:
    April 2026
    Print publication:
    30 April 2026
  • The development of artificial intelligence and machine learning is leading to a revolution in the way we think about economic decisions. The Economics of Language explores how the use of generative AI and large language models (LLMs) can transform the way we think about economic behaviour. It introduces the LENS framework (Linguistic content triggers Emotions and suggests Norms, which shape Strategy choice) and presents empirical evidence that LLMs can predict human behaviour in economic games more accurately than traditional outcome-based models. It draws on years of research to provide a step-by-step development of the theory, combining accessible examples with formal modelling. Offering a roadmap for future research at the intersection of economics, psychology, and AI, this book equips readers with tools to quantify the role of language in decision-making and redefines how we think about utility, rationality, and human choice.

Games and Coalitions
  • Bridging Non-cooperative and Cooperative Approaches
  • Akira Okada
  • Coming soon
  • Expected online publication date:
    April 2026
    Print publication:
    30 April 2026
  • Coalition formation is an important problem in economics, politics, and a broad range of other social situations. Examples of coalitions range from those at the level of individuals (families, couples, teams, employers, workers) through to those at the level of organisations and countries (political parties, free trade agreements, environmental agreements, military alliances). Traditionally, game theory has been divided into non-cooperative and cooperative games. The former approach scrutinizes individuals' rational behaviour under a well-specified process of a game. The latter presents various cooperative solutions based on collective rationality. Games and Coalitions draws on both approaches, providing a bridge between cooperative and non-cooperative analyses of coalition formation. Offering a useful research monograph regarding the models, results and applications of non-cooperative coalitional bargaining theory, this book illustrates how game theory applies to various economic and political problems, including resource allocation, public goods, wage bargaining, legislative bargaining, and climate cooperation.

Empirical Bayes
  • Some Tools, Rules, and Duals
  • Roger Koenker, Jiaying Gu
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Empirical Bayes methods as envisioned by Herbert Robbins are becoming an essential element of the statistical toolkit. In Empirical Bayes: Tools, Rules, and Duals, Roger Koenker and Jiaying Gu offer a unified view of these methods. They stress recent computational developments for nonparametric estimation of mixture models, not only for the traditional Gaussian and Poisson settings, but for a wide range of other applications. Providing numerous illustrations where empirical Bayes methods are attractive, the authors give a detailed discussion of computational methods, enabling readers to apply the methods in new settings.

  • Chapter 10 - Racial Justice from Within? Diversity and Inclusion in Economics

  • from Part V - Policy Session: What can Economics do for Racial Justice?
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 282-294

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 12 - Lightly Edited Comments of Remarks Given at 2020 Econometric Society Session of Racial Equity

  • from Part V - Policy Session: What can Economics do for Racial Justice?
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 299-302

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 14 - Cooperation in Large Societies

  • from Part VI - Topics in Microeconomic Theory
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 389-440

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 1 - Individual and SocialWelfare: A Bayesian Perspective

  • from Part I - Frisch Lecture
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    11 November 2025
    Print publication:
    31 January 2026, pp 3-46

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 3 - Incomplete-Information Models for Industrial Organization

  • from Part II - Topics in Industrial Organization
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 71-124

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 4 - Advances in Horizontal Merger Analysis

  • from Part II - Topics in Industrial Organization
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 125-150

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 6 - Synthetic Controls in Action

  • from Part IV - Modern Causal Inference
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    11 November 2025
    Print publication:
    31 January 2026, pp 195-224

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 3 - The Unreasonable Effectiveness of Optimal Transport in Economics

  • from Part II - Frontiers of Modern Econometrics
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    11 November 2025
    Print publication:
    31 January 2026, pp 90-114

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 9 - Race-Related Research in Economics and Other Social Sciences

  • from Part V - Policy Session: What can Economics do for Racial Justice?
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 262-281

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 5 - Child Mental Health as Human Capital

  • from Part III - Health as Human Capital
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    28 November 2025
    Print publication:
    31 January 2026, pp 153-175

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

  • Chapter 9 - Comments on Carbon Policy: Panel Discussion

  • from Part V - Policy Session: Climate Change
  • Edited by Victor Chernozhukov, Massachusetts Institute of Technology, Johannes Hörner, Yale University, Connecticut, Eliana La Ferrara, Harvard University, Massachusetts, Iván Werning, Massachusetts Institute of Technology
  • Book:
    Advances in Economics and Econometrics
    Published online:
    11 November 2025
    Print publication:
    31 January 2026, pp 283-291

  • Summary

    Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.

Page 1 of 229