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1121

Investigating Income Inequality

It is well known that income inequality in the United States has risen substantially since the early 1980s. However, the sources of the ongoing rise in inequality are still debated. Yet, an understanding of these sources is important for assessing potential policy options to address potential adverse consequences of inequality. In his recent paper “Firming […]

1126

Kenneth L. Sokoloff

Kenneth L. Sokoloff, professor of economics, died May 21 following complications from liver cancer. He was 54. Sokoloff was one of the world’s leading experts in economic history — the study of the long-term processes that drive economic growth. His research covered many different areas, ranging from the U.S. patent system to comparative institutional development […]

1127

Jack Hirshleifer

Jack Hirshleifer, professor emeritus of economics, died July 26, 2005, bringing to a close a career marked by wide- ranging interests and brilliant contributions to the subfields of information economics, investment and capital theory, bioeconomics, and the economic theory of conflict. After active duty in the U.S. Naval Reserve during World War II, Hirshleifer completed […]

1128

Armen Alchian

Armen Alchian, a UCLA professor emeritus of economics who played an influential role in his field for more than half a century and helped elevate UCLA’s economics department to one of the most respected in the country, died on Feb. 19 at his home in Los Angeles. He was 98. In a ceremony March 23 at the UCLA […]

1129

Revenue Management with Forward-Looking Buyers

Simon Board and Andy Skrzypacz , “Revenue Management with Forward-Looking Buyers,” Journal of Political Economy, Vol. 124, No. 4 (August 2016), pp. 1046-1087

1130

Asset Pricing and Asymmetric Reasoning

Elena Asparouhova, Peter Bossaerts, Jon Eguia, and William Zame, “Asset Pricing and Asymmetric Reasoning,” Journal of Political Economy, Vol. 123, No. 1 (February 2015), pp. 66-122.