Rohit Lamba
@rohitlamba.bsky.social
Economist, Himalayan boy, poetry enthusiast, foodie. Amor fati :)
www.rohitlamba.com
www.rohitlamba.com
As we approach the Fall semester, some ancient wisdom on learning...
The student obtains:
one quarter from the teacher,
one quarter by one's own intellect,
one quarter from fellow students,
and one quarter through the passage of time.
The student obtains:
one quarter from the teacher,
one quarter by one's own intellect,
one quarter from fellow students,
and one quarter through the passage of time.
August 23, 2025 at 10:33 PM
As we approach the Fall semester, some ancient wisdom on learning...
The student obtains:
one quarter from the teacher,
one quarter by one's own intellect,
one quarter from fellow students,
and one quarter through the passage of time.
The student obtains:
one quarter from the teacher,
one quarter by one's own intellect,
one quarter from fellow students,
and one quarter through the passage of time.
1/ Week 30: The theory paper(s) in focus this week are KMR 93 & Young 93, which provided a remarkably elegant evolutionary perspective to equilibrium selection in games. If games have multiple equilibria, which is more "reasonable", if at all? A deep problem in game theory.
July 29, 2025 at 4:20 AM
1/ Week 30: The theory paper(s) in focus this week are KMR 93 & Young 93, which provided a remarkably elegant evolutionary perspective to equilibrium selection in games. If games have multiple equilibria, which is more "reasonable", if at all? A deep problem in game theory.
The consequences for human welfare involved in questions like these are simply staggering: Once one starts to think about them, it is hard to think about anything else. --- Bob Lucas (1988).
July 20, 2025 at 4:47 AM
The consequences for human welfare involved in questions like these are simply staggering: Once one starts to think about them, it is hard to think about anything else. --- Bob Lucas (1988).
1/ Week 28: Theory paper in focus this week is the seminal article by Anthony Atkinson and @josephestiglitz.bsky.social that is now famously referred to as the "zero commodity/ capital taxation" benchmark in public economics. It has led to much technical & policy debates. Let's find out.
July 11, 2025 at 11:25 PM
1/ Week 28: Theory paper in focus this week is the seminal article by Anthony Atkinson and @josephestiglitz.bsky.social that is now famously referred to as the "zero commodity/ capital taxation" benchmark in public economics. It has led to much technical & policy debates. Let's find out.
Been listening to the audiobook of this masterpiece of a biography. What a life Deng Xiaoping, and what a researcher and writer Ezra Vogel.
July 7, 2025 at 1:24 AM
Been listening to the audiobook of this masterpiece of a biography. What a life Deng Xiaoping, and what a researcher and writer Ezra Vogel.
1/ Week 27: This week two related theory papers in focus: simultaneous & seminal in helping us elegantly formalize herd behavior / information cascades & triggering a fascinating literature across subfields in economics. Banerjee 1992 and Bikhchandani, Hirshleifer & Welch 1992.
July 6, 2025 at 4:02 AM
1/ Week 27: This week two related theory papers in focus: simultaneous & seminal in helping us elegantly formalize herd behavior / information cascades & triggering a fascinating literature across subfields in economics. Banerjee 1992 and Bikhchandani, Hirshleifer & Welch 1992.
1/ Week 26: After a hiatus, the theory paper of the week is back with a beautiful classic that spawned a huge literature across fields: Temporal Resolution of Uncertainty and Dynamic Choice (1978) by Kreps and Porteus in @ecmaeditors.bsky.social. Let's start with a thought experiment: 🧵
July 1, 2025 at 2:42 AM
1/ Week 26: After a hiatus, the theory paper of the week is back with a beautiful classic that spawned a huge literature across fields: Temporal Resolution of Uncertainty and Dynamic Choice (1978) by Kreps and Porteus in @ecmaeditors.bsky.social. Let's start with a thought experiment: 🧵
Celebrating APS this weekend in New York. What legends. Game theory at its sublime pinnacle :)
APS= Dilip Abreu, David Pearce, Ennio Stacchetti.
APS= Dilip Abreu, David Pearce, Ennio Stacchetti.
May 4, 2025 at 4:30 PM
Celebrating APS this weekend in New York. What legends. Game theory at its sublime pinnacle :)
APS= Dilip Abreu, David Pearce, Ennio Stacchetti.
APS= Dilip Abreu, David Pearce, Ennio Stacchetti.
Easter weekend acquisitions from my frequent book store. The gentle owner of the lovely store remarked today: Next time I’ll try to find a book for you at the intersection of your three seeming interests: mathematics, Buddha and poetry!🙃🤓
April 20, 2025 at 2:54 AM
Easter weekend acquisitions from my frequent book store. The gentle owner of the lovely store remarked today: Next time I’ll try to find a book for you at the intersection of your three seeming interests: mathematics, Buddha and poetry!🙃🤓
1/ Week 15: With apologies for the hiatus, this week's theory paper in focus in one of my favorites: Bubbles and Crashes by Dilip Abreu & Markus Brunnermeier. Why do financial bubbles sustain even when everyone may know they are riding a bubble? jstor.org/stable/3082044
April 19, 2025 at 6:31 PM
1/ Week 15: With apologies for the hiatus, this week's theory paper in focus in one of my favorites: Bubbles and Crashes by Dilip Abreu & Markus Brunnermeier. Why do financial bubbles sustain even when everyone may know they are riding a bubble? jstor.org/stable/3082044
Reposted by Rohit Lamba
Check out this episode with @rory-stewart.bsky.social & Alistair Campbell where they delve into Indian politics and suggest some further reading including Breaking the Mold by Raghuram G. Rajan & @rohitlamba.bsky.social [22:10 in]: therestispolitics.supportingcast.fm/listen
The Rest Is Politics | Latest Episodes
therestispolitics.supportingcast.fm
April 10, 2025 at 3:34 PM
Check out this episode with @rory-stewart.bsky.social & Alistair Campbell where they delve into Indian politics and suggest some further reading including Breaking the Mold by Raghuram G. Rajan & @rohitlamba.bsky.social [22:10 in]: therestispolitics.supportingcast.fm/listen
Raghuram Rajan & I write in Monday print of the Times of India: An encouraging hiring spree in Global Capability Centers, yet worries about impact of AI on Services. Evolution of this dilemma, how we might go up the value chain, role of higher ed & research.
static1.squarespace.com/static/65584...
static1.squarespace.com/static/65584...
March 31, 2025 at 7:20 PM
Raghuram Rajan & I write in Monday print of the Times of India: An encouraging hiring spree in Global Capability Centers, yet worries about impact of AI on Services. Evolution of this dilemma, how we might go up the value chain, role of higher ed & research.
static1.squarespace.com/static/65584...
static1.squarespace.com/static/65584...
The river talks to me :) #WorldPoetryDay
March 21, 2025 at 8:41 PM
The river talks to me :) #WorldPoetryDay
Week 9: The theory paper in focus this week is the seminal paper on the theory of the firm by Grossman and Hart published in the JPE in 1986. The voyage starts with a remarkable observation by Coase: Why does a firm exist or differently why is the entire economy not a firm?
March 3, 2025 at 1:35 AM
Week 9: The theory paper in focus this week is the seminal paper on the theory of the firm by Grossman and Hart published in the JPE in 1986. The voyage starts with a remarkable observation by Coase: Why does a firm exist or differently why is the entire economy not a firm?
It is a good day for us to read this masterpiece by Keynes. Good read for your weekend if you haven’t. @arvind2011.bsky.social had this as a mandatory text for us when we were all working at the Office of the Chief Economic Adviser.
March 1, 2025 at 5:42 AM
It is a good day for us to read this masterpiece by Keynes. Good read for your weekend if you haven’t. @arvind2011.bsky.social had this as a mandatory text for us when we were all working at the Office of the Chief Economic Adviser.
And till far far away, it is emptiness upon emptiness.
February 24, 2025 at 7:23 AM
And till far far away, it is emptiness upon emptiness.
Reposted by Rohit Lamba
Postdoc opportunity on industrial policies and related topics at the Reimagining the Economy program at Harvard www.hks.harvard.edu/centers/cid/...
CID Visiting Researcher Program
www.hks.harvard.edu
February 18, 2025 at 8:05 PM
Postdoc opportunity on industrial policies and related topics at the Reimagining the Economy program at Harvard www.hks.harvard.edu/centers/cid/...
Week 7: The theory paper in focus this week is "Kidney Exchange" by @alroth.bsky.social, @tayfunsonmez.bsky.social, @muunver.bsky.social. Undoubtedly, one of the most influential (in terms of research in econ) and impactful (in terms of goodness in society) papers of 21st century (micro)economics.
February 17, 2025 at 1:11 AM
Week 7: The theory paper in focus this week is "Kidney Exchange" by @alroth.bsky.social, @tayfunsonmez.bsky.social, @muunver.bsky.social. Undoubtedly, one of the most influential (in terms of research in econ) and impactful (in terms of goodness in society) papers of 21st century (micro)economics.
Week 6: The theory paper in focus this week is the iconic "Electronic mail game" by @arielrubinstein.bsky.social. It is characteristic Rubinstein---communicating a big idea with elegant simplicity. It brought into focus failures of common knowledge, by extension failures in coordination.
February 8, 2025 at 7:19 PM
Week 6: The theory paper in focus this week is the iconic "Electronic mail game" by @arielrubinstein.bsky.social. It is characteristic Rubinstein---communicating a big idea with elegant simplicity. It brought into focus failures of common knowledge, by extension failures in coordination.
Week 5: With apologies for the hiatus, this week's theory paper in focus is a super creative take on how to design RCTs when unobserved effort of treatment group limits external validity. It is a beautiful exercise in putting principal-agent theory to the design of experiments.
February 1, 2025 at 5:11 AM
Week 5: With apologies for the hiatus, this week's theory paper in focus is a super creative take on how to design RCTs when unobserved effort of treatment group limits external validity. It is a beautiful exercise in putting principal-agent theory to the design of experiments.
30 million people? 12 years ago, I went to the Maha Kumbh Mela in Prayagraj (then Allahabad) with my buddy Arijeet Pal. We went there during the important date of Mauni Amavasya. It is one of the most memorable experiences of our lives. A snapshot here of the vast expanse set up for pilgrims.(1/7)
January 20, 2025 at 11:56 PM
30 million people? 12 years ago, I went to the Maha Kumbh Mela in Prayagraj (then Allahabad) with my buddy Arijeet Pal. We went there during the important date of Mauni Amavasya. It is one of the most memorable experiences of our lives. A snapshot here of the vast expanse set up for pilgrims.(1/7)
Week 3: This week's theory paper in focus is Political Correctness (2001) by Stephen Morris. It is a masterpiece in what economists called applied theory--crafty story telling about interesting facts around us that uses elegant mathematical modeling.
www.jstor.org/stable/10.10...
www.jstor.org/stable/10.10...
January 18, 2025 at 9:48 PM
Week 3: This week's theory paper in focus is Political Correctness (2001) by Stephen Morris. It is a masterpiece in what economists called applied theory--crafty story telling about interesting facts around us that uses elegant mathematical modeling.
www.jstor.org/stable/10.10...
www.jstor.org/stable/10.10...
Reposted by Rohit Lamba
PLEASE RT :)
Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics
Deadline Jan 30 (soon!)
Conference Apr 11-13 at Stanford
Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics
Deadline Jan 30 (soon!)
Conference Apr 11-13 at Stanford
January 17, 2025 at 10:40 PM
PLEASE RT :)
Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics
Deadline Jan 30 (soon!)
Conference Apr 11-13 at Stanford
Submit to the annual Network Science and Economics Conference, the largest US event for network theory and empirical research in and adjacent to economics
Deadline Jan 30 (soon!)
Conference Apr 11-13 at Stanford
Cool new paper in the @qjeharvard.bsky.social by @jacobsgoldin.bsky.social and team on measuring racial disparities in tax audits using rich IRS data and proposals on how to make the audit selection algorithm work better.
#QJE Feb 2025, #3, “Measuring and Mitigating Racial Disparities in Tax Audits,” by Elzayn, Smith, Hertz, Guage, Ramesh, Fisher, Ho, and Goldin (@jacobsgoldin.bsky.social): doi.org/10.1093/qje/...
Measuring and Mitigating Racial Disparities in Tax Audits*
Abstract. Tax authorities around the world rely on audits to detect underreported tax liabilities and to verify that taxpayers qualify for the benefits the
doi.org
January 12, 2025 at 8:10 PM
Cool new paper in the @qjeharvard.bsky.social by @jacobsgoldin.bsky.social and team on measuring racial disparities in tax audits using rich IRS data and proposals on how to make the audit selection algorithm work better.
Reposted by Rohit Lamba
What an excellent thread. Learned a lot.
Week 2: This week's theory paper in focus is a brilliant conceptual puzzle piece by Thomas & Worrall (1990). What are the implications of risk sharing/insurance provision over time when income is private? They have a surprising answer: it necessarily leads to long-term impoverishment.
January 11, 2025 at 12:21 PM
What an excellent thread. Learned a lot.