This paper discusses the dynamic implications of learning in a large population coordination game, focusing on the structure of the matching process that describes how players meet. As in M. Kandori, G. Mailath, and R. Rob (1992), experimentation and myopia create 'evolutionary' forces that lead...

The degree of geographic concentration of individual manufacturing industries in the U.S. has declined only slightly in the last twenty years. At the same time, new plant births, plant expansions, contractions and closures have shifted large quantities of employment across plants, firms, and...

Over the past decade there has been a decline in the fraction of papers in top economics journals written by economists from the highest-ranked economics departments. This paper documents this fact and uses additional data on publications and citations to assess various potential explanations....

Why do firms cluster near one another? We test Marshall's theories of industrial agglomeration by examining which industries locate near one another, or coagglomerate. We construct pairwise coagglomeration indices for US manufacturing industries from the Economic Census. We then relate...

Consider a model of location choice by two sorts of agents, called "buyers" and "sellers": In the first period agents simultaneously choose between two identical possible locations; following this, the agents at each location play some sort of game with the other agents there. Buyers prefer...

Over the last three decades there has been a dramatic slowdown of the publication process at top economics journals. A substantial part is due to journals' requiring more extensive revisions. Various explanations are considered: democratization of the review process, increases in the complexity...

This paper develops models of quality standards to examine two trends: academic journals increasingly require extensive revisions of submissions, and articles are becoming longer and changing in other ways. Papers are modeled as varying along two quality dimensions: q reflects the importance of...