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Department Administration
Department Head Alexander Tarasov

PhD, Penn State University

Deputy Head Svetlana Seregina
Department Manager Disa Malbakhova
Senior Administrator Zulikhan Ibragimbeili
Senior Administrator Natalia Baibouzenko
Administrator Marina Yudina
Article
On Perfect Pairwise Stable Networks

Bich P., Teteryatnikova M.

Journal of Economic Theory . 2022.

Book chapter
Introduction

Lazzarini A. L., Melnik D. V.

In bk.: Economists and COVID-19: Ideas, Theories and Policies During the Pandemic. Palgrave Macmillan, 2022. Ch. 1. P. 1-8.

Working paper
Welfare Convergence In Transition Economies
In press

Dmitriy Veselov, Matkovskaya V.

Economics/EC. WP BRP. Высшая школа экономики, 2022. No. 254.

Paper of Aleksei Smirnov in American Economic Journal: Microeconomics

Congratulations to Aleksei Smirnov, Assistant professor of the Department of Theoretical Economics, on the publication of his paper "Bad News Turned Good: Reversal under Censorship" in American Economic Journal: Microeconomics.

Paper of Aleksei Smirnov in American Economic Journal: Microeconomics

Below is a short summary of the paper:

Sellers often have the power to censor the reviews of their products. We explore the effect of these censorship policies in markets where some consumers are unaware of possible censorship. We find that if the share of such "naive" consumers is not too large, then rational consumers treat any bad review that is revealed in equilibrium as good news about product quality. This makes bad reviews worth revealing and allows the seller to use them to signal his product's quality to rational consumers.