People have different preferences for performing entrepreneurial activities. These differences can be influenced by actions of the state. Special attention is paid to examine the individual behavior in choosing employed work or entrepreneurial activities. Individual supply of entrepreneurial...

This paper discusses causal inference techniques for social scientists through the lens of applied microeconomics. We frame causal inference using the standard of the ideal experiment, emphasizing problems of omitted variable bias and reverse causality. We explore how laboratory and field...

I argue that there exists a coherent and relevant tradition in economic thought that I label "price theory". I define it as neoclassical microeconomic analysis that reduces rich and often incompletely-specified models into "prices" (approximately) sufficient to characterize solutions to simple...

It is now a commonplace to include a discussion of the Coase theorem in one's intermediate microeconomics textbook, generally in a chapter devoted to externalities or externalities and public goods. But this was not always the case. As the present paper demonstrates, it took nearly two decades...

Classroom experiments as a teaching tool increase understanding and especially motivation. Traditionally, experiments have been run using pen-and-paper or in a computer lab. Pen-and-paper is time and resource consuming. Experiments in the lab require appropriate installations and impede the...