Jonathan Libgober (same handle on other places)
@JlibDoesEcon
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AP in Econ at @USCDornsife. I do Information Economics & more. Best friend of Spinoza (Nosik) Petrov-Libgober.
Los Angeles, CA
Joined September 2016
@Condor @CondorCares refused to let our dog on the plane with the carrier we had with no justification given, despite me asking--just "he said so." When I tried to get the name of the person telling us this to file a complaint, I was aggressively threatened.
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🚨 New working paper! How well do people predict the results of studies? @sdellavi and I leverage data from the first 100 studies to have been posted on the SSPP, containing 1,482 key questions, on which over 50,000 forecasts were placed. Some surprising results below.... 🧵👇
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I have an important update about this: we are looking to fill out 5 senior slots and 3 junior slots. Please, apply and reach out if interested! Or help me to spread out the news! @HannoLustig @luigi_bocola @JonSteinsson @IvanWerning @glviolante @JesusFerna7026 @LudvigsonSydney
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Disagree
There are much stronger IQ signifiers than a Harvard PhD. The median employee of Jane Street or OpenAI likely has a higher IQ than the median Harvard PhD holder
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Some real home runs in this issue....
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Congratulations to our friends and colleagues @mattkahn1966 and @HPesaran, who were included in the 2025 Highly Cited Researchers list from Clarivate in the Cross-Field and Economics and Business categories, respectively!
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Please note that the title of this article does not refer to its content, which is good for you to know.
Forthcoming in the AER: "What You Don’t Know May Be Good For You" by Johannes Hörner and Larry Samuelson.
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Forthcoming in AEJ: Microeconomics: "Rational Misspecification: Framework and Applications" by Ran Eilat and Kfir Eliaz.
aeaweb.org
(Forthcoming Article) - This paper proposes a framework for assessing whether misspecified decision makers would be willing to pay for information that can potentially make them less misspecified. We...
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Forthcoming in the AER: "Sequential Cursed Equilibrium" by Shani Cohen and Shengwu Li.
aeaweb.org
(Forthcoming Article) - We propose an extensive-form solution concept, with players that neglect information from hypothetical events, but make inferences from observed events. Our concept modifies...
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Agree completely. The profession has not gone that way (that much, yet, at least) - but a few economists have - including some really top ones. This is a great disservice to the profession - a negative externality these economists impose. If an insider reads the names of
I highly encourage econ to not go down the road many parts of the sciences have gone down, being seen as political actors. People trust us on economic topics *because* we don't do things like this. (Also global individual level inequality has been falling straight for 35 yrs...)
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Forthcoming in AEJ: Microeconomics: "Data Linkages and Privacy Regulation" by Rossella Argenziano and Alessandro Bonatti.
aeaweb.org
(Forthcoming Article) - We assess the efficacy of privacy regulation when consumers are privacy conscious. We develop a model of data linkages where a consumer interacts sequentially with two firms:...
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Commitment and Randomization in Communication.
arxiv.org
When does Sender, in a Sender-Receiver game, strictly value commitment? In a setting with finitely many actions and states, we establish that, generically, commitment has no value if and only if a...
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Apparently, only 16% of people check Uber and Lyft. I'm very surprised! Every time I do, I'm shocked by the amount of price dispersion..
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It may help to note that what he seems to *really* like is having me fish out his toy from said place, even if I just did so a minute ago.
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Is there a behavioral bias in humans analogous to my dog liking to put toys he wants in places where he can’t reach them?
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Don't forget to start your interviews by chugging a beer, kids.
Registration is open for Job Market Signaling for Interviews in the Economics Job Market. Learn more at https://t.co/pszvqtMRSb.
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It's job market season for PhD economists, and my inbox is filling up with requests for advice. Given the tight PhD job market this year, I understand why people are seeking guidance wherever they can find it. But let's be honest: I'm probably the last person you should ask. My
ideas.repec.org
Given the importance of job placement for Ph.D.s, it is surprising that economists have not closely examined the factors that affect procuring job interviews for new Ph.D. economists.' In this study,
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Chicago friends, check out @RDMetcalfe present his excellent paper showing the potential of AI for managing power/electricity demand at @BeckerFriedman. Experiment introduced AI algorithm to optimize charging times; led to huge consumer savings and took stress off grid.
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Looking at JMCs, I can't see where the idea "theory is on the decline" is coming from. Each new cohort of theorists seems ridiculously good. Every one seems like it could be the best one yet; this year is no exception. To all theorists on the market, I'm rooting for you.
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Excited to be on the job market! This paper is part of my broader agenda to understand AI adoption through a behavioral economics lens. Thanks to Alex for the guidance and support!
My student David Almog (@davidalmog25) is on the job market. His JMP identifies important barrier to AI adoption: Image concerns. In a clever field study, workers are less likely to adopt/follow *useful* AI recs if they know AI reliance will known to managers (links in reply).
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We are increasingly seeing data of people souring on capitalism as an economic system. Proponents are surprised, since capitalism has generated unprecedented wealth and prosperity. Why the break? I think the financial crisis, and the public/private response to it, was the break.
If you want to know why people are turning away from capitalism, it’s s#%t like this: private firms wanting to keep upside of investment while taxpayers cover their downside. Proponents of capitalism need to fight like hell against this.
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