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Collaborative Research in Economics - The Wisdom of Working Together

of: Michael Szenberg, Lall B. Ramrattan

Palgrave Macmillan, 2017

ISBN: 9783319528007 , 334 Pages

Format: PDF, Read online

Copy protection: DRM

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Collaborative Research in Economics - The Wisdom of Working Together


 

Dedication

5

Foreword

6

Preface and Acknowledgments

8

Contents

12

List of Contributors

15

List of Figures

17

List of Tables

18

Chapter 1: Introduction

20

1.1 Theories of Collaboration

24

1.1.1 Game Theory and Collaboration

26

1.1.2 Edgeworth Box and Collaboration

28

1.1.3 Team Collaboration

29

1.2 Hypothesis on Collaboration

29

1.3 Chapter Summaries

40

1.4 Conclusion

45

References

46

Chapter 2: On Collaboration in General Economics

50

2.1 Conclusion

58

References

58

Chapter 3: Reflections on Our Collaboration in Industry Studies

60

Notes

68

Chapter 4: The Productivity Impact of Collaborative Research in the Economics of Risk and Uncertainty

70

4.1 Introduction

70

4.2 The Impetus for Collaboration

71

4.3 Assembling a Large Collaborative Team: The Hazardous Waste Policy Project

72

4.4 The Coauthor Roster

75

4.5 Summary Statistics of Publications

79

4.6 Publications Over the Life Cycle

79

4.7 Conclusion

81

References

82

Chapter 5: Age, Cohort and Co-authorship: The Statistics of Collaboration

83

5.1 Background

83

5.2 Age, Cohort or Time?

85

5.3 Prior Co-authoring and Productivity

94

5.4 Age and the Choice of Co-authors

96

5.4.1 The Relation Between Age and Co-authors’ Ages

96

5.4.2 The Stability of Co-authoring Patterns over the Life Cycle

98

5.4.3 Age and the Identity of Co-authors

99

5.5 Aging Female Co-authors

101

5.6 Older and Younger Co-authors: Comparisons and Etiquette

103

5.6.1 Comparing Achievements across Cohorts

103

5.6.2 Co-authoring Etiquette for Older Economists

106

5.7 Implications and Summing Up

108

Notes

109

References

111

Chapter 6: Collaborative Choices in Econometrics

112

6.1 Some Statistics on the Prevalence of Completed Collaborations

113

6.2 Conjectures on the Growth in Collaborative Economics

115

6.3 My Collaborative Experiences

118

6.3.1 My Empirical Research

119

6.3.2 My Theoretical Research

120

6.4 Collaborations as Social Interactions

122

Notes

125

References

125

Chapter 7: On the Pleasures and Gains of Collaboration in Microeconomics

126

7.1 My Coauthor—A Quick Survey

127

7.2 Bill Bowen and Arts Economics—Birth of a Small Industry

130

7.3 Alan Blinder and the Principles Textbook

131

7.4 The Birth of Contestability Theory

133

7.5 Productivity Growth and the Surprising US Performance

134

7.6 Ralph Gomory and the Orderly Region of the Scale-Economies Trade Equilibria

136

7.7 Concluding Comment

138

Chapter 8: A Serial Collaborator

139

8.1 Collaboration with Abba Lerner

139

8.2 Collaboration with Harry Landreth

141

8.3 Collaboration with Arjo Klamer

142

8.4 Collaborations with Critics

143

8.5 Et al.: Institutionally Imposed Collaboration

144

8.6 Collaboration with Non-Economists

145

8.7 Collaboration with the Dead

146

8.8 The Often Unmentioned Collaborators

147

8.9 Why Collaborate?

148

8.10 A Final Comment

149

Bibliography

150

Chapter 9: Collaboration With and Without Coauthorship: Rocket Science Versus Economic Science

152

9.1 Introduction

152

9.2 Rocket Science

154

9.3 Nonlinearity

156

9.4 Measurement

157

9.5 The Federal Reserve

160

9.6 Academia

162

9.7 Conclusion

163

Notes

164

References

165

Chapter 10: Why We Collaborate in Mathematical Ways

167

10.1 Lonely Work versus Collaboration in the Knowledge Economy

168

10.2 Division of Labor Then and Now

168

10.3 How the Human Brain Acquires and Perfects Skills

169

10.4 Findings in Experimental Psychology

170

10.5 From Experimental Psychology to Economics

170

10.6 Regime Shift in the Learning Curve

172

10.7 Solving a Classic Problem of Resource Allocation

172

10.8 Why Do We Collaborate?

173

10.9 Conclusion

174

Notes

174

Selected References

174

Chapter 11: Collaborative is Superadditive in Political Economics

176

11.1 Evidence of Increasing Collaboration

177

11.2 Explanations for Increasing Collaboration

180

11.3 Superadditivity in Production

182

11.4 A Model of Collaboration Costs and Benefits

182

11.5 Superadditivity in Credit

186

11.6 Productivity in Mixed Collaborations in Music and in Economics

188

11.7 Suboptimal Levels and Modes of Collaboration, Some Behavioral Explanations

191

11.8 Conclusion

192

Notes

192

References

194

Chapter 12: “Heinz” Harcourt’s Collaborations: Over 57 Varieties

196

12.1 Introduction

196

12.2 Early Collaborations

197

12.3 First Adelaide Years

198

12.4 Cambridge in the 1960s

200

12.5 Return to Adelaide 1967–72

203

12.6 Collaboration in Adelaide in the 1970s

206

12.7 Collaboration in Canada

209

12.8 Further Collaboration in Adelaide

211

12.9 Twenty-eight Years in Heaven: Return to Cambridge in 1982

212

12.10 Collaboration on Visits to OZ

217

12.11 In Cambridge From 1982 On

218

12.12 Prue Kerr and I

221

12.13 At the School of Economics UNSW, 2010–

223

12.14 Post-Keynesians from Down Under

224

12.15 Conclusion

226

Notes

226

Collaborations

228

Books

228

Articles

229

Review Articles

230

Notes

231

Chapters in Books

232

Reviews

235

Other References

235

Articles et al. by G.C. Harcourt:

238

Chapter 13: Coauthors and Collaborations in Labor Economics

240

13.1 Introduction and Patterns to Explain

241

13.2 The Whys and Whos of Coauthors

245

13.3 Collaboration Without Being a Coauthor

255

13.4 Concluding Remarks

257

Notes

259

References

260

Chapter 14: Two Heads are Better than One, and Three is a Magic Number in Economics

263

Notes

267

Chapter 15: Why Collaborate in International Finance?

269

15.1 How Collaboration Begins

270

15.2 Benefits and Costs of Collaboration

273

15.3 The Process of Collaboration in Economics

274

15.4 Two Long-Term Collaborations

276

15.5 Short-Term Collaborations

280

15.6 Collaboration With a Significant Other

281

15.7 Collaboration versus Co-authorship

282

15.8 Possible Downsides of Collaboration

284

15.9 Some Concluding Thoughts

285

Notes

285

Chapter 16: My Collaborations in Game Theory

286

16.1 Collaborations of the First Kind

286

16.2 Collaboration with Basil S. Yamey

289

16.3 Collaborations with Robert L. Graves

289

16.4 Collaborations with William Best, John Egan and Harlow Higinbotham

294

16.5 Collaborations of the Second and Third Kind

297

16.6 Lessons of Collaboration

298

Chapter 17: Co-authors in History

300

Chapter 18: Collaboration: Making Eclecticism Possible in Economic Law and Politics

306

Chapter 19: Collaboration and the Development of Experimental Economics: A Personal Perspective

316

19.1 Students Had a Prominent Role in the Development and Study of Experimental Markets

317

19.2 Rapid but Unanticipated Innovation Soon Followed

320

19.3 Not All Markets Are Born Equal: The Enigma of Asset Market Bubbles

323

19.4 The Lab as a Test-Bed for Designer Markets

325

19.5 International Reach

328

19.6 Has Economics Seen an Experimental Turn?

330

Index

331