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General Economics
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88 papers, from 31 August 2026 to 4 November 2026: 59 arXiv preprints and 29 OpenAlex records.
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Newest papers, page 4
PMMS Allocations Need Not Exist for 3 Agents with Additive Valuations
This note gives an instance demonstrating that the pairwise maximin share (PMMS) property cannot be satisfied by any allocation in certain fair division problems with indivisible goods and additive…The Profit Alignment Problem: How Profit Mandates Induce Alignment Failures in LLMs
We show that ordinary business language --- "maximize profitability" --- induces profit-oriented ambiguity resolution: LLMs systematically dismiss ambiguous signals of potential safety violations to…Measuring DeFi Risk
Decentralized finance (DeFi) lending has grown from nonexistent in 2017 to nearly 40 billion US Dollars in deposited funds in May 2022.Beyond Aggregate VARs: A Bayesian Benchmark for HANK Models
Heterogeneous-agent New Keynesian (HANK) models characterize how entire cross-sectional distributions respond to structural shocks.Why Better Models Can Create Riskier Systems: Evidence from LLM Agents in Financial Markets
Large language models (LLMs) are being deployed at scale in consequential real-world systems, from financial markets to content moderation to hiring.Competitive Market Behavior of LLMs
Large language models (LLMs) are increasingly deployed as economic agents, yet there is little evidence whether LLM agents are suited for participating in market mechanisms designed for humans, and…How outside options are incorporated into payoff distributions
This paper examines how outside options are incorporated into payoff distributions in games with coalition structures.Weighted Fair Division of Indivisible Mixed Manna
We study weighted fair division of indivisible mixed manna under additive valuations.Bi-Compositional Division Rules
We characterise the division rules for claims problems that satisfy equal treatment of equals, bilateral consistency, composition down, and composition up.AI and the Economy: An Economic Examination of Production, Distribution, Firms, Labor, and Welfare
Artificial Intelligence (AI) is rapidly transforming economic systems by altering production processes, labor markets, and the structure of firms and industries.Scalable Inversion of Contests with Correlated Performances, Including Softmax and Multinomial Probit
Multinomial probit choice probabilities over n alternatives are Gaussian orthant integrals, computed by simulation for thirty years, one expensive integral per alternative.Mechanism Design for Alignment and Control
We develop a framework for mechanism design with AI agents whose alignment (preferences) and capabilities (feasible actions and information) are unknown.Metaorder modelling and identification from public data
Market-order flow in financial markets exhibits long-range correlations.Computing Equilibria in Simulation-Based Insurance Markets with Discontinuous Demand
We study equilibrium computation in simulation-based games motivated by competition in natural-hazard insurance markets.Tight Maximin Share Guarantees of EFX and PMMS
In the fair division of indivisible goods among autonomous agents, allocations frequently satisfy strong pairwise fairness criteria while failing to guarantee an agent's full maximin share.Moments of Random Coefficients in Short Panels
We study identification and estimation of moments of random coefficients in short linear panels, allowing the number of heterogeneous coefficients to exceed the number of equations observed for each…Predicting Residential Rents in Dakar Using Machine Learning
Dakar's residential rental market remains poorly documented despite its economic and social importance: 54.4% of households are renters, compared to 23.3% nationally.Tariff Threats, Macroeconomic Expectations, and Policy Communication Strategies: Experiments Based on a Multi-Agent System
Tariff threats can move household beliefs before policy is enacted, yet their rapidly changing language is difficult to study with conventional surveys.Learning Proportional Committees from Violation Feedback
We study violation-feedback learning of proportionally representative approval-based committees.Reaching Fairness by Reallocating Goods
Fair allocation of indivisible goods has largely been studied under the assumption that no prior allocation exists.