Cowles Foundation

William Nordhaus Dies; Nobel Winner Influenced Climate Policy. nytimes.com/2026/11/02/bus…

🆕 New from the Cowles Foundation! Three new Discussion Papers for the final week of October 2026 are now available. 🧵👇

You may have noticed that companies often act like they're a monopolist, even when they aren't.

New theory from John Geanokoplos and Jeremy Bulow provide the explanation for this phenomenon, and the "rational myopia" that underpins it

Read the research brief here: cowles.yale.edu/news/261019/wh…

Explore our latest research spanning discrimination, criminal justice, gender pay dynamics, and more.

📄 "Sharp Tail Bounds Beyond Twice The Mean" by Philipp Strack & Jannik M. Westermann

📄 "Strategic Complementarity And Persistence In Linear-Quadratic Mean Field Games" by Fernando Alvarez & @dargente05

📄 "One Cohort At A Time: A New Perspective On The Declining Gender Pay Gap" by @jarellanobover, Nicola Bianchi, @salva_lat & Matteo Paradisi

📄 "Estimating Heterogeneous Impacts With Endogenous Participation And Non-Compliance" by @orazio_at, Lina Cardona-Sosa & Ziqian Liu

📄 "A Norm Based Behavioral Model Of Discrimination: India And US Experiences" by Gerald David Jaynes

📄 "Large Growth Happens: Gaussian Elimination With Partial Pivoting On Random Matrices" by Dan Spielman & Xifan Yu.

cowles.yale.edu

Six new Cowles Foundation Discussion Papers have just been released, spanning school choice, disability benefits, wealth taxation, and rational myopia, subsidies, campus protests and more.

Explore all the new papers: cowles.yale.edu