Tom's April 1 edits of new and old lectures

Author: thomassargent30

lectures/_static/quant-econ.bib

@@ -2,6 +2,374 @@
 QuantEcon Bibliography File used in conjuction with sphinxcontrib-bibtex package
 Note: Extended Information (like abstracts, doi, url's etc.) can be found in quant-econ-extendedinfo.bib file in _static/
 ###
+%% References in the economics literature citing the
+%% Blackwell--Dubins theorem on merging of opinions.
+%%
+%% Blackwell, D. and Dubins, L. (1962),
+%% ``Merging of Opinions with Increasing Information,''
+%% Annals of Mathematical Statistics 33(3): 882--886.
+
+%% -------------------------------------------------------
+%% 1.  The original paper
+%% -------------------------------------------------------
+
+@article{BlackwellDubins1962,
+  author    = {Blackwell, David and Dubins, Lester},
+  title     = {Merging of Opinions with Increasing Information},
+  journal   = {Annals of Mathematical Statistics},
+  year      = {1962},
+  volume    = {33},
+  number    = {3},
+  pages     = {882--886},
+  doi       = {10.1214/aoms/1177704456}
+}
+
+%% -------------------------------------------------------
+%% 2.  Sandroni (1998/2000): the paper you recalled ---
+%%     casts doubt on the economic relevance of absolute
+%%     continuity and of the Blackwell--Dubins result.
+%% -------------------------------------------------------
+
+@article{Sandroni2000,
+  author    = {Sandroni, Alvaro},
+  title     = {The Role of Absolute Continuity in
+               ``{Merging} of {Opinions}'' and
+               ``{Rational} {Learning}''},
+  journal   = {Games and Economic Behavior},
+  year      = {2000},
+  volume    = {29},
+  number    = {1--2},
+  pages     = {170--190},
+  doi       = {10.1006/game.1999.0752}
+}
+
+%% -------------------------------------------------------
+%% 3.  Jackson, Kalai, and Smorodinsky (1999): the
+%%     Matthew Jackson paper you recalled.  Uses
+%%     Blackwell--Dubins to study de~Finetti-style
+%%     representation of stochastic processes under
+%%     Bayesian learning.
+%% -------------------------------------------------------
+
+@article{JacksonKalaiSmorodinsky1999,
+  author    = {Jackson, Matthew O. and Kalai, Ehud and
+               Smorodinsky, Rann},
+  title     = {Bayesian Representation of Stochastic Processes
+               under Learning: {de Finetti} Revisited},
+  journal   = {Econometrica},
+  year      = {1999},
+  volume    = {67},
+  number    = {4},
+  pages     = {875--893},
+  doi       = {10.1111/1468-0262.00053}
+}
+
+%% -------------------------------------------------------
+%% 4.  Kalai and Lehrer (1993a): ``Rational Learning
+%%     Leads to Nash Equilibrium.''  The seminal
+%%     application of Blackwell--Dubins to game theory.
+%% -------------------------------------------------------
+
+@article{KalaiLehrer1993Nash,
+  author    = {Kalai, Ehud and Lehrer, Ehud},
+  title     = {Rational Learning Leads to {Nash} Equilibrium},
+  journal   = {Econometrica},
+  year      = {1993},
+  volume    = {61},
+  number    = {5},
+  pages     = {1019--1045},
+  doi       = {10.2307/2951492}
+}
+
+%% -------------------------------------------------------
+%% 5.  Kalai and Lehrer (1993b): Subjective equilibrium.
+%% -------------------------------------------------------
+
+@article{KalaiLehrer1993Subjective,
+  author    = {Kalai, Ehud and Lehrer, Ehud},
+  title     = {Subjective Equilibrium in Repeated Games},
+  journal   = {Econometrica},
+  year      = {1993},
+  volume    = {61},
+  number    = {5},
+  pages     = {1231--1240},
+  doi       = {10.2307/2951506}
+}
+
+%% -------------------------------------------------------
+%% 6.  Kalai and Lehrer (1994): Weak and strong merging.
+%%     Extends Blackwell--Dubins to weaker notions of
+%%     convergence; motivated by equilibrium convergence
+%%     in repeated games and dynamic economies.
+%% -------------------------------------------------------
+
+@article{KalaiLehrer1994Merging,
+  author    = {Kalai, Ehud and Lehrer, Ehud},
+  title     = {Weak and Strong Merging of Opinions},
+  journal   = {Journal of Mathematical Economics},
+  year      = {1994},
+  volume    = {23},
+  number    = {1},
+  pages     = {73--86},
+  doi       = {10.1016/0304-4068(94)90037-X}
+}
+
+%% -------------------------------------------------------
+%% 7.  Kalai, Lehrer, and Smorodinsky (1999): Calibrated
+%%     forecasting and merging.
+%% -------------------------------------------------------
+
+@article{KalaiLehrerSmorodinsky1999,
+  author    = {Kalai, Ehud and Lehrer, Ehud and Smorodinsky, Rann},
+  title     = {Calibrated Forecasting and Merging},
+  journal   = {Games and Economic Behavior},
+  year      = {1999},
+  volume    = {29},
+  number    = {1--2},
+  pages     = {151--169},
+  doi       = {10.1006/game.1999.0718}
+}
+
+%% -------------------------------------------------------
+%% 8.  Sandroni (1998): Almost absolute continuity and
+%%     convergence to Nash equilibrium.
+%% -------------------------------------------------------
+
+@article{Sandroni1998Nash,
+  author    = {Sandroni, Alvaro},
+  title     = {Necessary and Sufficient Conditions for
+               Convergence to {Nash} Equilibrium:
+               The Almost Absolute Continuity Hypothesis},
+  journal   = {Games and Economic Behavior},
+  year      = {1998},
+  volume    = {22},
+  number    = {1},
+  pages     = {121--147},
+  doi       = {10.1006/game.1997.0580}
+}
+
+%% -------------------------------------------------------
+%% 9.  Pomatto, Al-Najjar, and Sandroni (2014): Merging
+%%     and testing opinions.  Extends Blackwell--Dubins
+%%     to finitely additive probabilities and studies
+%%     the connection between merging and the
+%%     manipulation of statistical tests.
+%% -------------------------------------------------------
+
+@article{PomattoAlNajjarSandroni2014,
+  author    = {Pomatto, Luciano and Al-Najjar, Nabil I. and
+               Sandroni, Alvaro},
+  title     = {Merging and Testing Opinions},
+  journal   = {Annals of Statistics},
+  year      = {2014},
+  volume    = {42},
+  number    = {3},
+  pages     = {1003--1028},
+  doi       = {10.1214/14-AOS1212}
+}
+
+%% -------------------------------------------------------
+%% 10. Lehrer and Smorodinsky (1996a): Compatible measures
+%%     and merging.
+%% -------------------------------------------------------
+
+@article{LehrerSmorodinsky1996Compatible,
+  author    = {Lehrer, Ehud and Smorodinsky, Rann},
+  title     = {Compatible Measures and Merging},
+  journal   = {Mathematics of Operations Research},
+  year      = {1996},
+  volume    = {21},
+  number    = {3},
+  pages     = {697--706},
+  doi       = {10.1287/moor.21.3.697}
+}
+
+%% -------------------------------------------------------
+%% 11. Lehrer and Smorodinsky (1996b): Merging and
+%%     learning.  In a volume on statistics, probability,
+%%     and game theory.
+%% -------------------------------------------------------
+
+@incollection{LehrerSmorodinsky1996Learning,
+  author    = {Lehrer, Ehud and Smorodinsky, Rann},
+  title     = {Merging and Learning},
+  booktitle = {Statistics, Probability and Game Theory:
+               Papers in Honor of {David Blackwell}},
+  editor    = {Ferguson, Thomas S. and Shapley, Lloyd S. and
+               MacQueen, James B.},
+  series    = {{IMS} Lecture Notes---Monograph Series},
+  volume    = {30},
+  pages     = {147--168},
+  publisher = {Institute of Mathematical Statistics},
+  address   = {Hayward, CA},
+  year      = {1996}
+}
+
+%% -------------------------------------------------------
+%% 12. Nyarko (1994): Bayesian learning leads to
+%%     correlated equilibria.  Uses Blackwell--Dubins
+%%     to prove convergence in normal-form games.
+%% -------------------------------------------------------
+
+@article{Nyarko1994,
+  author    = {Nyarko, Yaw},
+  title     = {Bayesian Learning Leads to Correlated Equilibria
+               in Normal Form Games},
+  journal   = {Economic Theory},
+  year      = {1994},
+  volume    = {4},
+  number    = {6},
+  pages     = {821--841},
+  doi       = {10.1007/BF01213814}
+}
+
+%% -------------------------------------------------------
+%% 13. Jackson and Kalai (1999): Reputation vs. social
+%%     learning in recurring games; applies
+%%     Blackwell--Dubins and the rational-learning
+%%     literature.
+%% -------------------------------------------------------
+
+@article{JacksonKalai1999,
+  author    = {Jackson, Matthew O. and Kalai, Ehud},
+  title     = {Reputation versus Social Learning},
+  journal   = {Journal of Economic Theory},
+  year      = {1999},
+  volume    = {88},
+  number    = {1},
+  pages     = {40--59},
+  doi       = {10.1006/jeth.1999.2542}
+}
+
+%% -------------------------------------------------------
+%% 14. Acemoglu, Chernozhukov, and Yildiz (2016):
+%%     Learning and disagreement in an uncertain world.
+%%     Shows that Blackwell--Dubins-style agreement
+%%     can fail when agents are uncertain about signal
+%%     informativeness.
+%% -------------------------------------------------------
+
+@article{AcemogluChernozhukovYildiz2016,
+  author    = {Acemoglu, Daron and Chernozhukov, Victor and
+               Yildiz, Muhamet},
+  title     = {Fragility of Asymptotic Agreement under
+               {Bayesian} Learning},
+  journal   = {Theoretical Economics},
+  year      = {2016},
+  volume    = {11},
+  number    = {1},
+  pages     = {187--225},
+  doi       = {10.3982/TE1156}
+}
+
+%% -------------------------------------------------------
+%% 15. Diaconis and Freedman (1986): On the consistency
+%%     of Bayes estimates.  A key probability paper
+%%     in the same intellectual tradition, often cited
+%%     alongside Blackwell--Dubins in the economics
+%%     learning literature.
+%% -------------------------------------------------------
+
+@article{DiaconisFreedman1986,
+  author    = {Diaconis, Persi and Freedman, David},
+  title     = {On the Consistency of {Bayes} Estimates},
+  journal   = {Annals of Statistics},
+  year      = {1986},
+  volume    = {14},
+  number    = {1},
+  pages     = {1--26},
+  doi       = {10.1214/aos/1176349830}
+}
+
+@article{lucas1967adjustment,
+  title={Adjustment costs and the theory of supply},
+  author={Lucas Jr, Robert E},
+  journal={Journal of political economy},
+  volume={75},
+  number={4, Part 1},
+  pages={321--334},
+  year={1967},
+  publisher={The University of Chicago Press}
+}
+
+@article{Prescott_Visscher_1980,
+  author    = {Prescott, Edward C. and Visscher, Michael},
+  title     = {Organization Capital},
+  journal   = {Journal of Political Economy},
+  volume    = {88},
+  number    = {3},
+  pages     = {446--461},
+  year      = {1980},
+  publisher = {University of Chicago Press}
+}
+
+@article{Coase_1937,
+  author    = {Coase, Ronald H.},
+  title     = {The Nature of the Firm},
+  journal   = {Economica},
+  volume    = {4},
+  number    = {16},
+  pages     = {386--405},
+  year      = {1937}
+}
+
+@book{Williamson_1975,
+  author    = {Williamson, Oliver E.},
+  title     = {Markets and Hierarchies: Analysis and Antitrust Implications},
+  publisher = {Free Press},
+  address   = {New York},
+  year      = {1975}
+}
+
+@article{Lucas_Prescott_1971,
+  author    = {Lucas, Robert E., Jr. and Prescott, Edward C.},
+  title     = {Investment under Uncertainty},
+  journal   = {Econometrica},
+  volume    = {39},
+  number    = {5},
+  pages     = {659--681},
+  year      = {1971}
+}
+
+@article{Stigler_1958,
+  author    = {Stigler, George J.},
+  title     = {The Economies of Scale},
+  journal   = {Journal of Law and Economics},
+  volume    = {1},
+  pages     = {54--71},
+  year      = {1958}
+}
+
+@book{Becker_1975,
+  author    = {Becker, Gary S.},
+  title     = {Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education},
+  edition   = {2nd},
+  publisher = {National Bureau of Economic Research},
+  address   = {New York},
+  year      = {1975}
+}
+
+@article{Mansfield_1962,
+  author    = {Mansfield, Edwin},
+  title     = {Entry, {G}ibrat's Law, Innovation, and the Growth of Firms},
+  journal   = {American Economic Review},
+  volume    = {52},
+  number    = {5},
+  pages     = {1023--1051},
+  year      = {1962}
+}
+
+@article{Hymer_Pashigian_1962,
+  author    = {Hymer, Stephen and Pashigian, Peter},
+  title     = {Firm Size and Rate of Growth},
+  journal   = {Journal of Political Economy},
+  volume    = {70},
+  number    = {6},
+  pages     = {556--569},
+  year      = {1962}
+}
+
+
 
 @article{blackwell1962,
   author    = {Blackwell, David and Dubins, Lester E.},

lectures/_toc.yml

@@ -63,6 +63,7 @@ parts:
   - file: wealth_dynamics
   - file: kalman
   - file: kalman_2
+  - file: organization_capital
   - file: measurement_models
 - caption: Search
   numbered: true