Jonathan Libgober
@jlibdoesecon.bsky.social
AP in Econ at USC. I do Information Economics & more, both pure and applied. Best friend of Spinoza (Nosik) Petrov-Libgober, husband of @lenapetrova.bsky.social, and brother of @blibgober.bsky.social.
I just posted a new paper which I've been working on for a while now. I made an interactive that takes you through the main ideas in a more…interactive…way. jonlib.com/papers/organ...
Organization Design for Complex Worlds — an interactive walkthrough
An interactive walkthrough of the core technical ideas in "Organization Design for Complex Worlds": the Karhunen–Loève decomposition, the water-filling attention problem, and optimal team size.
jonlib.com
New paper!!! How does complexity relate to organization design? And what does the answer say about how organizational hierarchy might change with new technologies like AI? Thread below. If you don't have time for that, the picture basically summarizes the main idea.
Really excited to see this in print!! It's even more meaningful as my first publication with a student (at least, one who remained a student from start to finish). Also appreciative of everyone who helped make the paper better--can't even describe how happy I am with how the paper turned out.
The Review of Economic Studies (REStud)@reveconstudies.bsky.social · 3mo agoIn dynamic project selection with costly verification claims of high quality may be less likely to be verified over time—a finding with implications for organizational governance. New paper by Libgober & Li: www.restud.com/the-dynamics... #REStud #EconSky
@ EconSky: If any of you have taught (or are teaching/planning to teach) any of my papers, could you please DM me? I would be very grateful. Any honest DM will receive a personalized picture of my Spinoza (Nosik) Petrov-Libgober (my dog) as a token of gratitude.
My paper on research registries with Eliot Abrams and John List is now forthcoming at Economic Journal: academic.oup.com/ej/advance-a... Very happy to finally have finished up this project, although I learned a ton from working on it.
Research Registries and the Credibility Crisis: An Empirical and Theoretical Investigation
Abstract. We analyze one prominent policy solution to the credibility crisis in experimental research—research registries—with primary focus on the AEA RCT
academic.oup.com
I've discovered that you have much more fun as a tourist if you don't know what the exchange rate is.
I feel like I've heard critiques of economics as a discipline since as long as I've studied economics. Has anyone done a historiography of this? I guess it's a sign of the field's influence that people seem to care so much, so maybe it's a good thing. At the same time, I can't help but think...why?
New post on prediction markets, opinion polls, and the New York City mayor's race: open.substack.com/pub/rajivset...
Markets, Models, and Mamdani
Political prediction markets have been around for decades, but rose to unprecedented visibility and prominence during the last election cycle in the United States.
open.substack.com
New post on the realization after two decades of Poindexter's dream: rajivsethi.substack.com/p/betting-on...
Betting on Geopolitical Violence
Back in 2003, a Pentagon office led by Admiral John M.
rajivsethi.substack.com
Less related to recent events than it may seem, but I wanted to post this at some point: My Retractions paper, with brilliant coauthors Duarte Goncalves and Jack Willis, was accepted at Restud earlier this year, and is now on the journal's website. www.restud.com/retractions-...
Retractions: Updating from Complex Information - The Review of Economic Studies
We modify a canonical experimental design to identify the effectiveness of retractions. Comparing beliefs after retractions to beliefs (a) without the retracted information and (b) after equivalent ne...
restud.com
An important paper on the role of subjective beliefs on the business cycle, now published in Restud. academic.oup.com/restud/advan...
Survey Data and Subjective Beliefs in Business Cycle Models
Abstract. This paper develops a theory of subjective beliefs that departs from rational expectations, and shows that biases in household beliefs have quant
academic.oup.com
My paper on algorithmic pricing, joint with In-Koo Cho, is now online at the Journal of Economic Theory. www.sciencedirect.com/science/arti...
Learning underspecified models
This paper examines learning dynamics under non-parametric model uncertainty. We choose the monopolistic profit maximization problem (Myerson (1981)) …
sciencedirect.com
My dog will literally climb on top of me while I'm working on my laptop but then start to growl in discomfort if I hug him back. Make it make sense.
Attempted murder of a Jewish governor and his family on Passover is not a headline story for @nytimes.com and @washingtonpost.com. I’m relieved that Shapiro and his family survived the attack.
As an economist, here is my take on how to understand the justification for Trump's tariffs. en.wikipedia.org/wiki/Kettle_...
Kettle logic - Wikipedia
en.wikipedia.org
I've taught game theory for several years now (maybe like, 10 times?) but somehow it only now just hit me that mixed strategies in Bayesian games are pretty damn weird.
The only part I don't like about this is that now we may be forced to spell it "defence."
If I shared the ITYSL meme with Tim Robinson in the hot dog suit every time a Republican said that Putin is out of control, I wouldn't have time to do anything else.
Rubio has like, what, 5 months left on the job?
Roses are red, A noise ball is blue, But when you find out it's noise, The info will not undo. uploads.strikinglycdn.com/files/8779d7...
uploads.strikinglycdn.com
Chiefs can still win this if Mike Pence has the courage to do the right thing.
Honestly, staying away from social media during the impending collapse of the federal government/American society is a pretty good move for overall mental health.
Today I asked my class if anyone had seen "A Beautiful Mind." Nobody raised their hands. I was in shock, until I realized that they probably hadn't been born when it came out...
If only LA's construction of the LAX people mover had the same urgency of USC's construction of its new football stadium....
🥁🥁 post-doctoral position in information economics and economic theory !! 🥁🥁 (rts / fwds appreciated)
