Maniadis, Zacharias; Tufano, Fabio; List, John A. - In: Econ Journal Watch 11 (2014) 1, pp. 11-16
In this paper we reply to Mitesh Kataria’s comment, which criticized the simulations of Maniadis, Tufano, and List (2014, Am. Econ. Rev. 104(1), 277-290). We view these simulations as a means to illustrating the fact that we economists are unaware of the value of key variables that determine...
