Learn why perfect competition leads to no long-term economic profits and how it serves as a key benchmark for analyzing ...

Hatfield, John William, and Scott Duke Kominers. "Stability and Competitive Equilibrium in Matching Markets with Transfers." ACM SIGecom Exchanges 10, no. 3 (December 2011).

Efforts to show the relevance of economic concepts early in a student's education can prevent the "economics is not very useful" attitude from setting in. The author extends the work of Holt to ...

Recent literature has shown that corporate indebtedness affects firm-level investment behavior but not necessarily aggregate business cycles. I argue that interactions among heterogeneous firms play ...