Péter Bayer 🇺🇦
@PeterBayer17
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Assistant Professor at Universitat Autònoma de Barcelona. I like game theory. 🇭🇺 🇩🇪 🇳🇱 🇫🇷 🇪🇦 🇪🇺
Barcelona, Spain
Joined July 2019
Job market paper is up! #econtwitter #jobmarket What our friends do matters for many of our economic decisions. But what factors determine who our friends are, how many there are, and what the broader network looks like? Enter game theory, specifically, network formation games.
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It's probably inevitable that Arin and I will view any economic statistic about inequality through a different lens, but I see this as a very optimistic case. From a Rawlsian perspective, the US does just as well as France or Sweden, but with much higher avg income and innovation
It's a remarkable fact that the bottom 10% in France and UK have about the same income (slightly higher) as their American counterparts - in spite of the fact that America has much higher GDP per capita. That's a testament to our policy choices, including the failure to raise the
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📢 Big News for Economists! The @UABBarcelona Department of Economics is RECRUITING! 🎉 We're a proud node of @bse_barcelona and home to the @IDEA_UAB Graduate Programme. Looking for your next career move? Keep reading! #EconJobMarket #AcademicJobs #Economics
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My opinion on John Oliver is that he's never done a dedicated Ukraine episode. He's done three on FIFA.
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That so many young economists (mostly applied) are spending so much time arguing over a mediocre newspaper article, where someone who, evidently, does not know either what economic theorists have been doing for the last 80 years, nor the mathematics they use, complains about
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btw my hit job piece on econ would be: 1. we choose topics too much based on whether there is data and a chance at credible identification, not because they matter 2. Theorists mostly talk to each other 3. Experimentalists need to tone down on external validity (1/2)
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Hendersonms first law of econometrics: “When you read an econometric study done after 2005, the probability that the researcher has failed to take account of an objection that a non-economist will think of is close to zero.”
Nice peer-reviewed study you spent a lot of time on there. Unfortunately, I read a 2 sentence summary of your study on social media and using the 4 things I know about statistics, I have the perfect refutation you probably never considered
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there's too many people with "AI/ML" in their bio asking what this image is.
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Simple economics is damn good at making real-world predictions. Yet, if you only read oped columns, you’d think economics was a failure. Our models are too abstract. Our predictions are always wrong. I push back in the @WSJopinion 👇
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The name "dismal science" originated as a pejorative attack on economics in 1849 because economists wanted to abolish slavery. So maybe research the origin of your slurs before casually tossing them about in conversation...
@PhilWMagness Yes, but when your particular field of “science” is referred to by its own classically-trained members as “the dismal science”, maybe sit this one out.
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The guy cited here published this a few days ago, but it is exactly the same whining I read in the early 2000s. That's about the same level of progress as his much loved pluralistic alternatives have made since then. O.k., that was unfair. They brought us MMT and degrowth! 🤪
"Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned. ... Neoclassical economics has become the Aeroflot of ideas." Much truth in this.
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I know I sound like a broken record about supply and demand. But please tell me I don’t sound like Ha-Joon Chang writing the same op-ed for 20 years.
How economics teaching became the Aeroflot of ideas https://t.co/IDaEdcIsuc | opinion
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We’re officially on X. The 414th Separate Unmanned Strike Aviation Systems Brigade – known as "Magyar Birds" – was born from a platoon led by Robert Brovdi, call sign "Magyar". Today, it’s the #1 drone unit in Ukraine’s Defense Forces by verified enemy targets destroyed –
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Whenever anyone tells you that all “mainstream” economics is unscientific, odds are they’ve got some much more egregiously unscientific substitute they’re hoping to fob off on you.
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This man is the messiah of mixed strategy. The only senior politician able to tell you in the eyes: "my final decision will be random" and you actually believe him. https://t.co/QtAP6bL0Ki
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Which is more horrifying to you: a) Politicians understand the consequences of price controls, but cynically think people are stupid enough to vote for them anyway b) The politicians are so stupid they don’t understand the consequences
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Our paper with @KermanToygar is now published in Theory and Decision! If you think ignoring connections between phenomena is always a bad thing — think again! Using info design, we show that this can make persuasion harder, and thus help elicit more information from the expert.
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