mass of producers and users of knowledge interact through a distribution medium. This paper considers the consequences of … technology affect the use of knowledge, and it then describes the characteristics of an optimal ranking scheme. The analysis is … carried out using a model in which agents' productivity is based on the stock of knowledge used. The value of a piece of …

deviation (in beliefs, utility, or perceived prices) is within e of expected utility theory. The number e can then be used as a … distance to the theory. We apply our methodology to three recent large-scale experiments. Many subjects in those experiments …

In this paper, we develop a network perspective on the welfare gains from trade in today’s internationally fragmented …

The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …