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Venture capitalist Barry Eggers (BA ’85) is a member of our Board of Visitors, and frequent guest lecturer in Econ 106E and 106T. In this blog post he discusses how he discovered Snapchat five years ago, and went on to give them seed funding. Snapchat had its IPO yesterday.
Machine learning (ML) methods, developed mostly by computer scientists and statisticians, have brought remarkable success in solving prediction problems, especially with high-dimensional and complicated or, simply, big data. These methods have been used with great success, for example, in spam filtering and computer vision, among many other things. In economics, however, prediction problems are of […]
By Bernardo S. Silveira This paper empirically investigates how sentences to be assigned at trial impact plea bargaining. The analysis is based on the model of bargaining with asymmetric information by Bebchuk, 1984. I provide conditions for the nonparametric identification of the model, propose a consistent nonparametric estimator, and implement it using data on criminal […]
Pablo Fajgelbaum has been named as a 2017 Sloan Fellow, one of eight economists nationwide. Professor Fajgelbaum specializes in international trade. His recent research includes the distributional effects of international trade, the impact of regional tax policies, and optimal transport networks in general-equilibrium trade models. His teaches international trade theory at both undergraduate and graduate levels. The […]
In the second MAE Distinguished Speaker Lecture, Professor Richard Blundell of University College London talked about “Empirical Evidence and Tax Reform” The lecture’s starting point was the Mirrlees Review that brought together a high-profile group of international experts to identify the characteristics of a good tax system for any developed economy in the 21st century. Professor Blundell described a broad […]
A long-standing question in Economics is whether differences in performance across firms can be explained by differences in management practices, especially in developing countries where the spread between the best and worst firms is particularly large. Two major constraints have limited research on this topic. First, firms endogenously decide whether to adopt management practices, so […]
The winner of the Warren C. Scoville Distinguished Teaching Award for Fall 2016 is Simon Board. Professor Board teaches Econ 106T: The Economics of e-Commerce and Technology. The class uses tools from game theory to study business strategy, including topics such as platform markets, innovation and reputation. The course then uses these insights to discuss recent […]
Jerry Hausman, the John and Jennie S. MacDonald Professor of Economics at MIT, gave the inaugural Lecture of the Masters in Applied Economics Distinguished Speakers Series. The talk was entitled “Future Productivity: Pessimistic and Optimistic Viewpoints” and discussed the future evolution of productivity. Professor Hausman spoke about the changing roles of human and intellectual capital, and […]
The following is from the San Diego Tribune Trump policies not good for growth, says UCLA economist On the eve of inauguration day, UCLA economist Lee Ohanian told a local audience Wednesday that President Donald Trump’s policies may not achieve his desired levels of economic growth and job gains. Speaking to the San Diego Regional […]
UCLA Department of Economics