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Journal of Economic Theory, ISSN 0022-0531, 03/2017, Volume 168, pp. 209 - 236
The hypothesis that financial markets punish traders who make relatively inaccurate forecasts and eventually eliminate the effect of their beliefs on prices is... 
Heterogeneous beliefs | Financial markets | Price impact | Survival | General equilibrium | FINANCIAL-MARKETS | WELFARE | EQUILIBRIUM | TRADERS | ECONOMICS | EXPECTATIONS | Endowments | Business schools
Journal Article
Genetics, ISSN 0016-6731, 05/2016, Volume 203, Issue 1, pp. 451 - 462
Deleterious alleles can reach high frequency in small populations because of random fluctuations in allele frequency. This may lead, over time, to reduced... 
Purging | Genetic drift | Genetic load | Selection | Human genetics | human genetics | DISTANCE | FITNESS | genetic drift | POPULATIONS | PATTERNS | DRIFT | MUTATION LOAD | genetic load | selection | INBREEDING DEPRESSION | GENETICS & HEREDITY | DELETERIOUS GENETIC-VARIATION | purging | Studies | Demography | African Americans | Inbreeding | Genomes | Mutation | Population genetics | Equilibrium | Investigations
Journal Article
Separation and Purification Technology, ISSN 1383-5866, 08/2016, Volume 168, pp. 62 - 67
Selection of the operating pressure of a distillation column is one of the most important design decisions. Pressure has a major impact on phase equilibrium in... 
Vacuum distillation | Azeotropic distillation | Extractive distillation | ENGINEERING, CHEMICAL | Distillation | Costs | Utilities | Separation | Cooling | Financing | Columns (process)
Journal Article
Econometrica, ISSN 0012-9682, 1/2016, Volume 84, Issue 1, pp. 243 - 315
This paper analyzes a sequential search model with adverse selection. We study information aggregation by the price—how close the equilibrium prices are to the... 
Adverse selection | auctions | winner's curse | search theory | information aggregation | Information aggregation | Auctions | Winner's curse | Search theory | COMMON VALUES | LEMONS | MARKET | GAMES | STATISTICS & PROBABILITY | MODEL | INFORMATION PERCOLATION | MATHEMATICS, INTERDISCIPLINARY APPLICATIONS | EQUILIBRIUM | UNCERTAINTY | SOCIAL SCIENCES, MATHEMATICAL METHODS | ECONOMICS | OFFERS | AGGREGATION
Journal Article
1997, MIT Press series on economic learning and social evolution, ISBN 9780262193825, ix, 309
Book
Journal of the American Statistical Association, ISSN 0162-1459, 06/2012, Volume 107, Issue 498, pp. 592 - 606
Journal Article
Angewandte Chemie International Edition, ISSN 1433-7851, 02/2019, Volume 58, Issue 9, pp. 2739 - 2743
Journal Article
The Review of Economic Studies, ISSN 0034-6527, 01/2018, Volume 85, Issue 1, pp. 275 - 306
Abstract This article develops a tractable model with two-dimensional asymmetric information in asset markets: sellers are privately informed about their asset... 
Liquidity | Decentralized trading | Market dry-up | Fire sales | LEMONS | MONEY | THE-COUNTER MARKETS | PRICES | QUALITY | INFORMATION | COMPETITIVE SEARCH EQUILIBRIUM | ASSET FIRE SALES | MODEL | ECONOMICS | ILLIQUIDITY | D82
Journal Article
Econometrica, ISSN 0012-9682, 01/2016, Volume 84, Issue 1, p. 243
  This paper analyzes a sequential search model with adverse selection. We study information aggregation by the price -- how close the equilibrium prices are... 
Studies | Economic models | Prices | Adverse selection | Equilibrium
Journal Article
Physical Review Letters, ISSN 0031-9007, 12/2014, Volume 113, Issue 24, p. 248101
Journal Article
Journal of Public Economics, ISSN 0047-2727, 05/2019, Volume 173, pp. 85 - 95
In this paper, we study the welfare consequences of imposing alternative regimes of competition between two local governments that compete for mobile firms... 
Asymmetric information | Constitutional constraints | Fiscal policy | Interjurisdictional competition | GAINS | TAXATION | COMMON AGENCY | FIRMS | HARMFUL | ECONOMICS | PREFERENTIAL TAX REGIMES | Services | Wireless communication systems | Local government | Federal Reserve banks | Conferences and conventions | Constitutional law
Journal Article
Journal of the American Chemical Society, ISSN 0002-7863, 02/2006, Volume 128, Issue 5, pp. 1410 - 1411
Journal Article
PLoS Computational Biology, ISSN 1553-734X, 12/2013, Volume 9, Issue 12, p. e1003381
Journal Article
Journal of Economic Theory, ISSN 0022-0531, 07/2019, Volume 182, pp. 143 - 160
I analyze the survival probabilities of different types of agents in a general equilibrium model with disagreement over idiosyncratic uncertainties. I find... 
Heterogeneous beliefs | Market selection hypothesis | Asset pricing | General equilibrium | RISK | ECONOMICS | Pricing | Interest rates
Journal Article
Econometrica, ISSN 0012-9682, 11/2010, Volume 78, Issue 6, pp. 1823 - 1862
Journal Article
Econometrica, ISSN 0012-9682, 01/2017, Volume 85, Issue 1, pp. 67 - 105
This paper proposes a perfectly competitive model of a market with adverse selection. Prices are determined by zero‐profit conditions, and the set of traded... 
Adverse selection | contract theory | general equilibrium | HEALTH-INSURANCE MARKETS | CONSUMER WELFARE | ASYMMETRIC INFORMATION | MEDIGAP | STATISTICS & PROBABILITY | SIGNALING GAMES | CHOICE | REFINEMENTS | MATHEMATICS, INTERDISCIPLINARY APPLICATIONS | SOCIAL SCIENCES, MATHEMATICAL METHODS | PRIVATE INFORMATION | ECONOMICS | EFFICIENCY
Journal Article
The Review of Economic Studies, ISSN 0034-6527, 01/2018, Volume 85, Issue 1, p. 275
This article develops a tractable model with two-dimensional asymmetric information in asset markets: sellers are privately informed about their asset quality... 
Studies | Adverse selection | Liquidity | Asset management | Equilibrium
Journal Article
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