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Economics

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Customers at a bank | Reuters/Paul Hackett
March 24, 2015
Written

Back to the Future: Do Banks Really Learn from Long-term Relationships?

A pair of economists examine whether banks acquire any special wisdom from repeat borrowers.

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David Kreps
March 27, 2015
Written

David Kreps: Choice, Dynamic Choice, and Behavioral Economics

An economist explains why “rational choice” is sometimes irrational.

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Street lights not working at early evening in California  | Reuters/Mike Blake
May 13, 2015
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Frank Wolak: How to Keep Green Policies from Crashing the Electricity Grid

As California embarks on “cap and trade,” Stanford researchers employ advanced trading games to head off nasty surprises.

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The U.S. Capitol building is seen at sunrise in Washington March 1, 2013. The best government programs are flexible yet predictable. | Reuters/Jonathan Ernst
March 18, 2015
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Renee Bowen: How a Twist to Mandatory Spending Could Reduce Gridlock

A Stanford economist shows how warring political parties could get better results by building some flexibility into mandatory spending programs.

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Woman holding resume folder while taking notes | Reuters/Rick Wilking
March 30, 2015
Written

Paul Oyer: Just How Important Is Previous Experience in the Job Hunt?

Larger, more prestigious firms are more likely to take a chance on you.

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Walmart checkouts
December 5, 2014
Written

Kathryn Shaw: Big Box Stores Pay Higher Wages Than You Think

A new study compares pay scales at chain stores to mom and pop shops.

Latest Stories in Economics

April 22, 2014
Bloomberg View
Stephen Comello and Stefan J. Reichelstein propose an alternative to an Environmental Protection Agency plan to curb emissions.
March 25, 2014
Written

Jeffrey Zwiebel: Why the “Hot Hand” May Be Real After All

A Stanford finance professor finds that hot streaks in sports are no illusion. Economists should take heed.
February 25, 2014
Written

The Promise and Peril of Bitcoin

Economist Susan Athey and venture capitalist Balaji Srinivasan discuss the digital currency.
January 28, 2014
Written

T. Renee Bowen: The Political Impact of Mandatory Spending Programs

Game theory shows why “discretionary” spending programs lead to more self-interested behavior by politicians than “mandatory” spending programs.
January 7, 2014
Written

Paul Oyer: What Online Dating Can Teach About Economics

In an excerpt from his new book, an economist explains why it’s important to show you really mean what you say.
November 11, 2013
Written

Frederico Finan: How to Attract More Qualified Employees

A Stanford scholar presents the first experimental evidence that employers get what they pay for.
November 5, 2013
Written

Pedro Gardete: When Do Advertisers Tell the Truth?

A marketing professor explores what happens when the interests of an advertiser and a consumer aren’t such a perfect match.
October 17, 2013
Written

A Dialogue: What Europe Taught Us About Boundaries

Market reactions to eurozone unification led to divergent labor productivity rates.
October 4, 2013
Written

Researchers: Can Scholarship be Crowdfunded?

A group of economists turns to an unusual source for funding: strangers.
September 24, 2013
Written

George P. Shultz: "Issues on My Mind"

The scholar, diplomat, and businessman discusses America's role in the world.