In 2013, Economic Theory removed the section of the paper for short papers/notes. As a substitute, the Society for the Advancement of Economic Theory established Economic Theory Bulletin, a sister journal to Economic Theory focused on short papers in theoretical economics.
Evolutionary economics is a school of economic thought that is inspired by evolutionary biology. Although not defined by a strict set of principles and uniting various approaches, it treats economic development as a process rather than an equilibrium and emphasizes change, innovation, complex interdependencies, self-evolving systems, and limited rationality as the drivers of economic evolution. The support for the evolutionary approach to economics in recent decades seems to have initially emerged as a criticism of the mainstream neoclassical economics, but by the beginning of the 21st century it had become part of the economic mainstream itself.
Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a contemporary one, known as "new economic sociology".
Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 American Economic Review article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions. The earlier tradition continues today as a leading heterodox approach to economics.
Computational economics is an interdisciplinary research discipline that combines methods in computational science and economics to solve complex economic problems. This subject encompasses computational modeling of economic systems. Some of these areas are unique, while others established areas of economics by allowing robust data analytics and solutions of problems that would be arduous to research without computers and associated numerical methods.
The Quarterly Journal of Economics is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer, and Stefanie Stantcheva.
Kenneth George "Ken" Binmore, is an English mathematician, economist, and game theorist, a Professor Emeritus of Economics at University College London (UCL) and a Visiting Emeritus Professor of Economics at the University of Bristol. As a founder of modern economic theory of bargaining, he made important contributions to the foundations of game theory, experimental economics, evolutionary game theory and analytical philosophy. He took up economics after holding the Chair of Mathematics at the London School of Economics. The switch has put him at the forefront of developments in game theory. His other interests include political and moral philosophy, decision theory, and statistics. He has written over 100 scholarly papers and 14 books.
Applied economics is the application of economic theory and econometrics in specific settings. As one of the two sets of fields of economics, it is typically characterized by the application of the core, i.e. economic theory and econometrics to address practical issues in a range of fields including demographic economics, labour economics, business economics, industrial organization, agricultural economics, development economics, education economics, engineering economics, financial economics, health economics, monetary economics, public economics, and economic history. From the perspective of economic development, the purpose of applied economics is to enhance the quality of business practices and national policy making.
Economics education or economic education is a field within economics that focuses on two main themes:
The Journal of Political Economy is a monthly peer-reviewed academic journal published by the University of Chicago Press. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. In the past, the journal published quarterly from its introduction through 1905, ten issues per volume from 1906 through 1921, and bimonthly from 1922 through 2019. The editor-in-chief is Magne Mogstad.
The Kinked-Demand curve theory is an economic theory regarding oligopoly and monopolistic competition. Kinked demand was an initial attempt to explain sticky prices.
The neoclassical synthesis (NCS), neoclassical–Keynesian synthesis, or just neo-Keynesianism — academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936) with neoclassical economics.
Debraj Ray is an Indian-American economist, who is currently teaching and working at New York University. His research interests focus on development economics and game theory. Ray served as Co-editor of the American Economic Review between 2012 and 2020.
Applied mathematics is the application of mathematical methods by different fields such as physics, engineering, medicine, biology, finance, business, computer science, and industry. Thus, applied mathematics is a combination of mathematical science and specialized knowledge. The term "applied mathematics" also describes the professional specialty in which mathematicians work on practical problems by formulating and studying mathematical models.
Ehud Kalai is a prominent Israeli American game theorist and mathematical economist known for his contributions to the field of game theory and its interface with economics, social choice, computer science and operations research. He was the James J. O’Connor Distinguished Professor of Decision and Game Sciences at Northwestern University, 1975–2017, and currently is a Professor Emeritus of Managerial Economics and Decision Sciences.
The Society for the Advancement of Economic Theory abbreviated as SAET is a non-profit membership society founded to "advance knowledge in theoretical economics and to facilitate communication among researchers in economics, mathematics, game theory, or any other field which is potentially useful to economic theory." Membership includes economists, mathematicians, game theorists, and other individuals with interests in economics based on rigorous theoretical reasoning.
Nicholas C. Yannelis is the Henry B. Tippie Research Professor of Economics and Applied Mathematics and Computation at the University of Iowa. He is an emeritus Commerce Distinguished Alumni Professor of Economics at the University of Illinois at Urbana-Champaign. Also he was the Sir Johns Hicks Professor of Economics at the University of Manchester. His research includes the study of equilibrium concepts in games and economies with asymmetric information; equilibrium in infinite dimensional commodity spaces; equilibrium in games and economies with discontinuous preferences; and equilibrium theory and implementation under ambiguity. He has also done works in pure mathematics.
Theoretical Economics is a peer-reviewed open access academic journal that publishes theoretical papers in all areas of economics. The journal was established in 2006. From then until 2009, it was published by the Society for Economic Theory. On July 1, 2009, the Econometric Society took over the journal. The current editor is Ran Spiegler. The journal is abstracted and indexed in Current Contents/Social and Behavioral Sciences and the Social Sciences Citation Index.
Dirk Bergemann is the Douglass & Marion Campbell Professor of Economics and Computer Science at Yale University. He received his Vordiplom in economics at Goethe University Frankfurt in 1989, and both his M.A. and Ph.D. at the University of Pennsylvania in 1992 and 1993, respectively.
Charles Frederick Roos was an American economist who made contributions to mathematical economics. He was one of the founders of the Econometric Society together with American economist Irving Fisher and Norwegian economist Ragnar Frisch in 1930. He served as secretary-treasurer during the first year of the society and was elected as president in 1948. He was director of research of the Cowles Commission from September 1934 to January 1937.
Robert A. Pollak is an economist. Pollak has made contributions to the specification and estimation of consumer demand systems, social choice theory, the theory of the cost of living index, and since the early 1980s, to the economics of the family and to demography. He is currently the Hernreich Distinguished Professor of Economics at Washington University in St. Louis, holding joint appointments in the Faculty of Arts & Sciences and in the Olin Business School.
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