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Eliciting Time Preferences When Income and Consumption Vary: Theory, Validation & Application to Job Search

By Michèle Belot, Philipp Kircher, and Paul Muller

American Economic Journal: Microeconomics

We propose a simple method for eliciting individual time preferences without estimating utility functions even in settings where background consumption changes over time. It relies on eliciting preferences for receiving high stakes lottery tickets at di...

The Economics of Social Media

By Guy Aridor, Rafael Jiménez-Durán, Ro'ee Levy, and Lena Song

Journal of Economic Literature

We provide a guide to the burgeoning literature on the economics of social media. We first define social media platforms and highlight their unique features. We then synthesize the main lessons from the empirical economics literature and organize them aro...

One Man, One Vote

By Romans Pancs and Tridib Sharma

American Economic Journal: Microeconomics

In the United States, electoral districts must be equipopulous. This requirement is known as the one man, one vote doctrine. We propose welfare-based justifications for this requirement under the economic view, according to which voters care about the p...

Do Carbon Offsets Offset Carbon?

By Raphael Calel, Jonathan Colmer, Antoine Dechezleprêtre, and Matthieu Glachant

American Economic Journal: Applied Economics

We develop and implement a new method for identifying wasted subsidies, and use it to provide systematic evidence of the misallocation of carbon offsets in the Clean Development Mechanism—the world's largest carbon offset program. Using newly construc...