
Michael Raith
@MRaith
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Assoc. Prof of Economics & Management at Simon School, U of Rochester
Rochester, NY
Joined June 2011
By "paradox" the author means Sutton (1991): greater competition => greater concentration. Okay. But you don't often hear people argue that the airline industry would be a better place if we brought the Civil Aeronautics Board back.
theatlantic.com
Without smart regulation, price competition turns into a race to the bottom.
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Journos don't get it, but many academics here seem in denial too: There are no false positives in language-based plagiarism accusations. As long as you don't copy others' text, you will never be accused of such. Scumbag Rufo had an easy win because the examples were so obvious.
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@SimonSchool Btw all the artwork displayed around the room (+2 pics from when they were at MIT) is Heikki's. Unbeknownst to many peers, he was a prolific painter, who approached art much like his research: with amazing attention to detail and different possibilities.
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Full house yesterday to honor Heikki Rantakari at @SimonSchool, reflecting how much Heikki was loved by his students (MBA micro and game theory). His wife was presented with a signed jersey (see FB post for context) and a piece of art with memorial tributes arranged as game tree.
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University flags lowered today in honor of Heikki, in advance of our memorial reception tomorrow.
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God I hate these scales. In what world are only top-20% students (esp. in my pool of people) "good" students?
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Devastating news today. We've lost a wonderful human and a brilliant mind.
democratandchronicle.com
Heikki Rantakari was reported missing on Oct. 21 after he failed to show up for his regular class at the University of Rochester.
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Our dear friend and colleague Heikki is still missing. Hoping that someone in #Rochester has info that might help find him.
13wham.com
A search is underway for a missing University of Rochester professor whom police believe may be in danger.
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RT @RochesterNYPD: We are seeking the public's help in locating 44-year old Heikki Rantakari. He was last seen on Friday in the 1000 block….
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More IO models (today, Salop @smith51082 not Hotelling) for the real world: "Europe’s first circular city". Alas, it looks like you can use the interior too. .
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Waldman (1984) in action! "Other times, a LinkedIn update with the job news causes outside recruiters to take notice."
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RT @mbwong: Thank you @Lisaber71585816 @Marta_TroyaM @dvbarron @FahnMatthias Giorgio Zanarone for a wonderful and stimulating workshop! Wha….
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RT @RelConWorkshop: Thanks everyone for a great workshop, in particular the local organizer @Lisaber71585816 and our host .@BeckerFriedman!….
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RT @RelConWorkshop: The program of the 9th Workshop on Relational Contracts (Sep 8/9 at the University of Chicago), co-organized by @Lisabe….
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I completely missed (and there was little on #EconTwitter ) that Oliver Hart was knighted last month, "for a sustained and exceptional contribution to economic theory." Congratulations Sir Oliver!
thecrimson.com
Economics Professor Oliver Hart Knighted By King Charles III | News | The Harvard Crimson
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Well said Paul. So great to run into many friends and acquaintances from different stages of life to celebrate John Sutton. Wonderful tributes by @timobres and @JeanTirole. Thank you @volker_nocke @TomValletti and others for making this happen!
Celebrating the retirement and wonderful contributions of my Ph.D. supervisor Prof John Sutton to the LSE and the field of Industrial Organization. The perfect scholar and gentleman. Thank you John 👏 @STICERD_LSE @LSEnews
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Why do students have 10x their normal opportunity cost of time during exams? The same people who worry about points on minor assignments leave a 3hr final exam 1hr early, when they could almost certainly add valuable points by refining their answers.
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