iiinova — where your digital self keeps evolving

Michael Raith @mraith.bsky.social · 06/04/2025

Yes but occasional reminders of how many in our country are emphatically on board with this (not all bots!) seems useful for perspective. This here is the happier place, and more useful professionally, but also a bit of an echo chamber for academics/liberals.

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Michael Raith @mraith.bsky.social · 03/04/2025

And they must have known that the numbers wouldn't be presented for what they are, but as tariffs. The gaslighting is working, as one can see on X. Trumpworld is impressed with Trump's magnanimity for imposing "only half" of others' "tariffs" on the US.

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Michael Raith @mraith.bsky.social · 07/12/2024

Just like that, huh 🤔 Still, the paper's intro sounds like the logic is partly Coasian dynamics, PLUS competitive pressure. Is there a model for this?

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Michael Raith @mraith.bsky.social · 07/12/2024

Sorry what does "theoretical eq price" mean? And is the experiment some version of the Coase conjecture?

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Michael Raith @mraith.bsky.social · 21/01/2024

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... www.theatlantic.com/ideas/archiv...

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Michael Raith @mraith.bsky.social · 07/01/2024

"Youth degenerates," lol. In Rebel without a cause (1955), the cliff drive is called a "Chickie run"

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Michael Raith @mraith.bsky.social · 06/01/2024

I haven't reviewed all cases raised. Some seemed mere sloppy, but others deceptive. Lifting consecutive sentence fragments from others is never an accident. Maybe nothing rises to the level of disciplinary action, but for the leader of the world's most elite institution it's a lack of integrity.

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Michael Raith @mraith.bsky.social · 06/01/2024

No reason to paper over anything. She was attacked because she is a Black woman, yes, but the hateful motives don't make the charges baseless. W/o the plagiarism, the pressure to resign wouldn't have been half as strong, and wouldn't have been taken up by MS media.

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Michael Raith @mraith.bsky.social · 06/01/2024

I understand the outrage, but Rufo et al. had an easy win precisely because the accusations had legs. Dr. Gay failed to show leadership when it mattered, and her work is littered with what we tell our students you can't do, ever, ever. It's been painful to watch academics "contextualize" plagiarism.

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Michael Raith @mraith.bsky.social · 30/11/2023

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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Michael Raith @mraith.bsky.social · 26/11/2023

📉📈 Now this is what I call a focused corporate strategy

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Reposted by Michael Raith

Clemens Esser @clemens-esser-md.bsky.social · 11/11/2023

Wer für heute noch kein St-Martins-Lied hat, das hier haben wir früher in Mülheim an der Ruhr gesungen (ohne klare Vorstellung von der Bedeutung): Ssinter Mätes Vögelsche, heet soan roat Kapögelsche, cheflooge, chestoowe; wiit, wiit öwer dä Rhin, wo de fette Färkee sinn. (1/x)

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Michael Raith @mraith.bsky.social · 02/11/2023

Do 3 and 4 largely follow from 1?

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Michael Raith @mraith.bsky.social · 01/11/2023

I'm sensing incentives to game this experiment

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Michael Raith @mraith.bsky.social · 01/11/2023

You had 70-80 kids at your door? Wow

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Michael Raith @mraith.bsky.social · 01/11/2023

Paid off Fortune's artist too

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Michael Raith @mraith.bsky.social · 28/10/2023

Devastating news today. We've lost a wonderful human and a brilliant mind. www.rochesterfirst.com/rochester/rp...

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Michael Raith @mraith.bsky.social · 27/10/2023

Is this where you're staying? www.youtube.com/watch?v=0lL3...

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Michael Raith @mraith.bsky.social · 25/10/2023

Bleibt lieber bei Kurt Cobain

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Michael Raith @mraith.bsky.social · 25/10/2023

Looks like our library (U of Rochester) has one, others probably too. Try inter-library loan. Original is Italian not French?

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Michael Raith @mraith.bsky.social · 25/10/2023

What do you mean by vacuum? If you're saying that terrorists always think they have a reason, that's probably correct. The most abstract motivation I can think of is the 1970s Rote Armee Fraktion, whose grievance/target was capitalism itself.

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Michael Raith @mraith.bsky.social · 25/10/2023

Our dear friend and colleague Heikki Rantakari is still missing. Hoping that someone in #Rochester has info that can help find him soon. 13wham.com/news/local/m...

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Michael Raith @mraith.bsky.social · 24/10/2023

Love this intro from Samuelson (1946), in which he translates a very applied question from Stigler (1945)---How did the cost of a nutritionally adequate diet change over the war years?, published in the J of Farm Economics---into a "wicked" linear-programming problem.

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Michael Raith @mraith.bsky.social · 22/10/2023

This hits home re faculty recruiting. JMCs from schools whose program and faculty we know have an info precision advantage. Not sure how well the suggested solutions would work. This is also why I try to ignore profs promoting their JMCs on social media, and stick with packets in standard format.

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Michael Raith @mraith.bsky.social · 19/10/2023

NGL Rudi Carrell and the lyrics are way more relatable to Germans than Arlo Guthrie, even today.

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Michael Raith @mraith.bsky.social · 19/10/2023

Conny Kramer! At least not a mindless change, friend's OD death rather than Civil War. www.youtube.com/watch?v=X9ZD...

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Michael Raith @mraith.bsky.social · 19/10/2023

In business, yes. Not sure that's correct for politics.

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Michael Raith @mraith.bsky.social · 17/10/2023

More IO models (today, Salop 1979) for the real world: "Europe’s first circular city". Alas, it looks like you can use the interior too. www.fastcompany.com/90964025/spa...

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Michael Raith @mraith.bsky.social · 11/10/2023

I understand that race is the only legal angle to fight gerrymandering, but cementing a party's majority with mapping tricks is just morally wrong, even if race has nothing to do with it. Gerrymandering exists only because it didn't occur to state constitution writers to prohibit it.

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Michael Raith @mraith.bsky.social · 09/10/2023

Wow! Yeah I figured Samuelson would be in the mix.

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Michael Raith @mraith.bsky.social · 09/10/2023

I guess also Angrist & Duflo, with Duflo receiving hers first.

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Michael Raith @mraith.bsky.social · 09/10/2023

📉📈 Congrats to Claudia Goldin!! She was a student of Bob Fogel at Chicago. What other advisor-student Nobel pairs are there in econ?

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Michael Raith @mraith.bsky.social · 07/10/2023

Love it! Under der McRib ist auch wieder da (aber wohl nicht einfach zu finden).

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Michael Raith @mraith.bsky.social · 06/10/2023

Weit besser als der idiotische FAZ-Kommentar von vorgestern.

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Michael Raith @mraith.bsky.social · 03/10/2023

Wait, but the BS people have been talking about lately is psych not econ?

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Michael Raith @mraith.bsky.social · 03/10/2023

Aren't the large majority of colleges tax-exempt? Even private schools are charities, unless they're actually for-profit.

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Michael Raith @mraith.bsky.social · 03/10/2023

Nobel? IO is long overdue. Bresnahan, Pakes, and I'll add John Sutton, whose work on market structure replaced decades of SCP.

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Michael Raith @mraith.bsky.social · 03/10/2023

Reference? Curious. A merger between U1 and D1 prevents contracts between U1 and D2 that go against the collective interest of (U1,D1). Telser's 1994 JEP core paper makes that point. Not sure if it applies here though.

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Michael Raith @mraith.bsky.social · 03/10/2023

But I agree with your general point: assuming people can't commit when it's clearly in their interest to do so is a bit unsatisfactory. It's as if people can't resist giving in to the temptation to compete with themselves. Like the "opportunism" problem in that same literature

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Michael Raith @mraith.bsky.social · 03/10/2023

Not my area but I wonder if the paper is state of the art---seems to assume linear prices whereas most recent lit allows for more general contracts

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Michael Raith @mraith.bsky.social · 03/10/2023

I thought OSS do allow for commitment to refuse to supply, but show that full refusal is suboptimal if it causes the other firms to merge. In the scenario with max options for the merged firm, it doesn't supply in eq. but holds the other supplier to a price that prevents the other firms from merging

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