The importance of replicating economic research to improve the validity of findings has been the topic of an ongoing discussion, but there is not a consensus of what that means in practice. This article discusses a rationale for replicating a study and offers a plan of how one might go about...

We consider a Bayesian game, namely the Battle of the Sexes with private information, in which each player has two types, High and Low. We allow cheap talk regarding players' types before the game and prove that the unique fully revealing symmetric cheap talk equilibrium exists for a low range...

Background: his paper presents a case study on 100Credit, an Internet credit service provider in China. 100Credit began as an IT company specializing in e-commerce recommendation before getting into the credit rating business. The company makes use of Big Data on multiple aspects of...

In the past decade, online Peer-to-Peer (P2P) lending platforms have transformed the lending industry, which has been historically dominated by commercial banks. Information technology breakthroughs such as big data-based financial technologies (Fintech) have been identified as important...

It's not rational -- The standard narrative and the bigger picture -- Natural science inspirations -- The nobels and neoliberals -- The socialist calculation controversy as the starting point of the economics of information -- Hayek changes his mind -- The neoclassical economics of information...

Technology = Recipes -- The advance of code. Jobs : divide and coordinate ; Code : "This is the procedure" ; Machines : "The universal character" ; Computers : predicting the weather -- Code economics. Substitution : the great Man-vs-Machine Debate ; Information : "Reliable circuits using crummy...

Cries of pain: the word "capitalism" -- "Capitalism" in the mirror of the twentieth century -- The myths of capitalism -- Early modern Europe's expanding field of vision: the origins of capitalism -- Age of electricity and engines: America's mass market -- The digital age and the globalization...

The rising popularity of the social web and the associated change of static websites and their content towards open platforms of social sharing, collaboration, and user-generated data confront knowledge-intensive business service providers with the question what role social software plays as a...

An information-theoretic thought experiment is developed to clarify why the maximum entropy methodology is appropriate for predicting the equilibrium state of economic systems. As a first step, object allocation problems, modeled as knapsack problems, are shown to be equivalent to congestion...