Research in Brief

Cheap Talk and the Economics of Negotiation

Empirical research shows that impatient sellers use round numbers to signal their willingness to cut prices in order to sell more quickly.

Using Real Time Data to Forecast Impacts of Financial Crises

New research outlines the impact of economic crises in the Post-War Era using real time data.

How Dictators Adapt to Modernity

Economist Sergei Guriev and political scientist Daniel Treisman utilize informational theory to articulate the way in which modern dictators survive in an age of mass information and globalization.

A Tripartite Alliance for Hukou Reform

Although earlier hukou reforms benefited rural residents by allowing them to seek employment and business opportunities in the city, recent hukou reforms have served as a wheel of agrarian capitalism, the purpose of which is to lure or force rural residents to leave land for city and to open up the countryside for agrarian capital.

Winners and Losers in the Shale Gas Boom

Society is accruing a large economic benefit from the shale gas boom. While more evidence is needed to calculate the costs of the externalities associated with techniques such as fracking, those costs would need to be very large to justify preventing this new technique.

Hacking Back against Cyber Attacks

Active defense against cyber crimes falls into a grey area between what is legal and what is not. Without a sound regulatory framework for cyber security practices, back hacking actions are both challenging and risky.

With Energy Labels, One Size Doesn’t Fit All

Research shows that minor, individual energy savings can lead to a significant aggregate decrease in energy consumption. The challenge is informing consumers in a way that changes their behavior.

Technical Education at a Community College Improves Graduates’ Future Earnings

A new NBER working paper shows how many Career Technical Education programs in California’s community college system increase earnings by larger amounts.

Can Behavioral Economists Nudge Young Hands Out of the Cookie Jar?

Using incentives to influence children’s food choices may have an impact that extends beyond a one-time choice. Leveraging behavioral economic techniques, like incentives, could help encourage children to choose and consume healthier foods.