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Shengwu Li

@shengwuli.bsky.social
6.1K followers 647 following 1.4K posts

Econ prof at Harvard. (Mechanism design, market design, behavioral theory.) www.shengwu.li

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Reposted by Shengwu Li
Ben Golub @bengolub.bsky.social · 24/07/2025
I've been working on a new tool, Refine, to make scholars more productive. If you're interested in being among the very first to try the beta, please read on. Refine leverages the best current AI models to draw your attention to potential errors and clarity issues in research paper drafts. 1/
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Khoa @khoavuumn.bsky.social · 14/07/2025
Using time series graphs to make causal claims be like
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Natalie Collina @ncollina.bsky.social · 03/07/2025
Delighted (and honestly a little bit stunned) that our paper “Swap Regret and Correlated Equilibria Beyond Normal-Form Games” was just awarded both the “Best Paper” and “Best Student Paper” at EC! arxiv.org/abs/2502.20229
arxiv.org
Swap Regret and Correlated Equilibria Beyond Normal-Form Games
Swap regret is a notion that has proven itself to be central to the study of general-sum normal-form games, with swap-regret minimization leading to convergence to the set of correlated equilibria and...
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Shengwu Li @shengwuli.bsky.social · 02/07/2025
This skeet is in celebration of 75 years of Nash equilibrium.
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Shengwu Li @shengwuli.bsky.social · 02/07/2025
At least, we can make the following interesting statement about zero-sum games but not about general games: “if there are two players, then there is a Nash equilibrium in minimax strategies.”
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Shengwu Li @shengwuli.bsky.social · 02/07/2025
Yes, and I have difficulty reconciling the (strong) reading of Itai’s statement with the intuition that the class of all zero-sum games includes the class of two-player zero-sum games, and those are special.
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Shengwu Li @shengwuli.bsky.social · 02/07/2025
Reminder that N player zero-sum games can represent arbitrary (N-1) player games, by the use of a dummy player.
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Michael Clemens @mclem.org · 27/06/2025
With rent control in the news, it’s a good moment to recall the research of @rebeccadiamond.bsky.social and co-authors. They show that strict rent control in San Francisco reduced the availability of rental housing, eventually *raising* rental costs. doi.org/10.1257/aer....
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Al Roth @alroth.bsky.social · 26/06/2025
Evicting NSF from their building in Washington is pretty revealing. But if they auction off its History Wall, I know which tile I’d bid on. Here’s the list to choose from… marketdesigner.blogspot.com/2025/06/evic...
marketdesigner.blogspot.com
Evicting Science from D.C.: the NSF building and it's History Wall
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Reposted by Shengwu Li
Jennifer Ouellette @jenlucpiquant.bsky.social · 26/06/2025
A New Pyramid-Like Shape Always Lands the Same Side Up. A tetrahedron is the simplest Platonic solid. Mathematicians have now made one that’s stable only on one side, confirming a decades-old conjecture. www.quantamagazine.org/a-new-pyrami...
quantamagazine.org
A New Pyramid-Like Shape Always Lands the Same Side Up | Quanta Magazine
A tetrahedron is the simplest Platonic solid. Mathematicians have now made one that’s stable only on one side, confirming a decades-old conjecture.
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Reposted by Shengwu Li
Joshua Gans @joshgans.bsky.social · 19/06/2025
If AI can't kill radiologists' careers, can it really kill anyone's? www.nytimes.com/2025/05/14/t...
nytimes.com
Your A.I. Radiologist Will Not Be With You Soon
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Shengwu Li @shengwuli.bsky.social · 17/06/2025
What is common knowledge in your field, but shocks outsiders? If two people have the same priors, and their posteriors for an event A are common knowledge, then those posteriors are equal.
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Shengwu Li @shengwuli.bsky.social · 13/06/2025
bsky.app/profile/cfca...
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Reposted by Shengwu Li
Joshua Goodman @joshua-goodman.com · 11/06/2025
Re-upping my advice about how to write a good title and abstract for an academic paper, appropriately called: "How to Write a Title and Abstract" Feel free to share this thread, which will focus on titles. #EconSky #AcademicSky
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Shengwu Li @shengwuli.bsky.social · 05/06/2025
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Shengwu Li @shengwuli.bsky.social · 03/06/2025
Jason Hartline likes cocktails with lemon juice.
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Shengwu Li @shengwuli.bsky.social · 28/05/2025
I have exactly one paper that uses “unique”, and every use is in the mathematical sense. Probably I overuse semicolons.
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Reposted by Shengwu Li
Joel van der Weele @joelvdweele.bsky.social · 20/05/2025
New working paper alert: we provide a model of post-hoc rationalizations, driven by motives of (self-)esteem. We show how this can lead to groupthink, polarization, and a preference for echo chambers. www.ifo.de/sites/defaul...
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Shengwu Li @shengwuli.bsky.social · 20/05/2025
Look, if the WSJ could cluster their standard errors then all would be right in the world.
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Shengwu Li @shengwuli.bsky.social · 20/05/2025
While we’re at it, can we have a ruling that the press can’t take a correlational study and assert causation by innuendo?
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Shengwu Li @shengwuli.bsky.social · 20/05/2025
For what it’s worth, as a reader I’d really appreciate knowing how much was disclosed to the editorial team. And it would give authors incentives to push for more transparency where feasible.
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Shengwu Li @shengwuli.bsky.social · 20/05/2025
Thank you for shedding light on this! Is there any way to know, by reading the published paper, whether the identity of the data source was available to the editors?
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Reposted by Shengwu Li
AEA Data Editor @aeadata.bsky.social · 20/05/2025
Our policy is already too long to cover all possible scenarios, I am told (repeatedly...), but it is very clear "access to the data and code is nonexclusive to the authors" in line 1 ... www.aeaweb.org/journals/dat... Need an exception? See line 3, and a discussion w/ editor + me ensues.
aeaweb.org
Data and Code Availability Policy
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Shengwu Li @shengwuli.bsky.social · 20/05/2025
Thank you for doing this! (Is this policy public? It would be great if it were common knowledge.)
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Shengwu Li @shengwuli.bsky.social · 19/05/2025
A sensible implementation would involve the editor contacting the company directly.
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Shengwu Li @shengwuli.bsky.social · 19/05/2025
I have one suggestion for reform: bsky.app/profile/shen...
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Shengwu Li @shengwuli.bsky.social · 19/05/2025
And this is good for honest authors with anonymous data! It helps differentiate them from fraudsters.
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Shengwu Li @shengwuli.bsky.social · 19/05/2025
Letting the journal know the firm’s identity strikes a balance between the firm’s privacy concerns and the journal’s interest in preventing fraud.
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Shengwu Li @shengwuli.bsky.social · 19/05/2025
Maybe journals should have a policy that data from anonymous sources will be verified by the journal before publication. The editor could contact the firm, to verify that it exists and that the study was conducted as stated. @aeadata.bsky.social is this feasible or am I missing something?
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Shengwu Li @shengwuli.bsky.social · 17/05/2025
I say this with the bias of hindsight.
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Shengwu Li @shengwuli.bsky.social · 17/05/2025
In hindsight, if a major material science firm had found a way to make its best material scientists 80% better, there’s no way it would stay anonymous. It would shout it from the rooftops, and put it in its earnings call. This is an argument that should have occurred to economists.
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Shengwu Li @shengwuli.bsky.social · 17/05/2025
It was bad and audacious. But it wasn’t audacious qua research. It challenged none of the viewer’s strongly held beliefs, and rigidly mimicked the current fashionable methods.
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Shengwu Li @shengwuli.bsky.social · 16/05/2025
On the one hand, falsifying research undermines the whole scientific project. On the other hand, well, the other hand has an extra thumb. onlinelibrary.wiley.com/doi/abs/10.1...
onlinelibrary.wiley.com
YOUR RIGHT ARM FOR A PUBLICATION IN AER?
The time tradeoff (TTO) method is popular in medical decision making for valuing health states. We use it to elicit economists' preferences for publishing in top economic journals and for living with....
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Shengwu Li @shengwuli.bsky.social · 15/05/2025
They do. parade.com/1093204/alic...
parade.com
What the Heck Is a Sumo Citrus and How Do You Eat It?
Everyone's favorite citrus fruit is back in season.
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Shengwu Li @shengwuli.bsky.social · 11/05/2025
As @marciano.bsky.social says, theory is always an option.
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Shengwu Li @shengwuli.bsky.social · 11/05/2025
Wow, nothing beats making that one conjecture that turns the idea into a paper, and then proving it. Never gets old.
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Shengwu Li @shengwuli.bsky.social · 10/05/2025
The second-to-last positivist.
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Maia @maiamindel.bsky.social · 08/05/2025
The Chicago Pope implies the existence of a New Keynesian Pope and a Behavioral Pope
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Adam Kapor @adamkapor.bsky.social · 08/05/2025
Modeling the conclave? You’ll need cardinal utilities
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Shengwu Li @shengwuli.bsky.social · 06/05/2025
archive.ph/2025.05.06-0...
archive.ph
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Shengwu Li @shengwuli.bsky.social · 06/05/2025
Singapore ministers defend meals taken with money launderer. The perils of zero accountability.
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Yannai A. Gonczarowski @yannaigonch.bsky.social · 04/05/2025
Congrats to Sergiu Hart, perhaps the quickest thinker I know, and a wonderful mentor, coauthor, and person, for being elected as an International Member of the National Academy of Sciences! www.nasonline.org/news/2025-na...
nasonline.org
National Academy of Sciences Elects Members and International Members - NAS
WASHINGTON — The National Academy of Sciences announced today the election of 120 members and 30 international members in recognition of their distinguished and continuing achievements in original res...
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Reposted by Shengwu Li
Simon Fisher @profsimonfisher.bsky.social · 02/05/2025
Remember when you first learned about genetics at school? All those fascinating examples of human traits that are each apparently determined by just a single gene? Time to check in on some of your favourites to see how they’re doing. 🧬🧵🧪 1/n
Four images to illustrate some prominent single-gene myths. Top left shows a photograph of a person deftly rolling their tongue into a U-shape. Top right shows a photograph of a person’s ear, highlighting the shape and features of the earlobe and cartilage. Bottom left shows a close-up photograph of a person’s eye, with a vivid blue colouration. Bottom right shows a photograph of a person poised to write with their left hand on the blank white page of a spiral-bound notebook.
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Shengwu Li @shengwuli.bsky.social · 02/05/2025
It’s a little-known fact that economists are indifferent between 2 AER pubs and gaining an extra thumb.
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Shengwu Li @shengwuli.bsky.social · 01/05/2025
Statement and proof of Theorem 1.
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Shengwu Li @shengwuli.bsky.social · 01/05/2025
Gale and Shapley (1962)
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Shengwu Li @shengwuli.bsky.social · 01/05/2025
Deviations from read-aloud and private-questions would be methodological innovations requiring separate justification.
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Shengwu Li @shengwuli.bsky.social · 01/05/2025
I did post a link, but it was in the middle of the thread. It bears emphasis that both read-aloud and private-questions are part of standard lab experiment protocol. So I see this replication as investigating whether the anomaly persists under the lab standard.
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Shengwu Li @shengwuli.bsky.social · 01/05/2025
Power corrupts. It’s time for Singapore to become a democracy.
nytimes.com
Opinion | My Father Founded Singapore. He Would Be Troubled by What It’s Become. (Gift Article)
The nation’s current leaders are not living up to my father’s high standards of governance, and Singapore is suffering as a result.
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Shengwu Li @shengwuli.bsky.social · 01/05/2025
Here is another replication study.
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