As Silver Professor of Economics at NYU, I engineer data to test new models of behavior. For example:
“State Dependent Stochastic Choice Data” enables testing of Rational Inattention and related theories. Along with other data enrichments related to search, it is engineered in the Center for Experimental Social Science at NYU, which I co-direct.
See my CV and the research pages for additional work on:
- Menu costs, state dependent pricing, and monetary policy;
- Emotional economics and behavioral health policy;
- Social learning;
- Graph theory;
- Imperfect competition and 64% majority rule.
On the policy front, I made proposals for housing finance reform on which I testified to Congress. The recent crisis, having been wasted, will be repeated, just as the crash of space shuttle Columbia followed that of Challenger. Maybe the next crash will be studied at depth rather than merely baptized.