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Economics Department
Drawings of stick figures doing various tasks

Petra Moser and Michela Giorcelli’s paper on copyright protection, featured in an animation by econimate

Watch the video here.
Read the full paper here.

Petra Moser is a Professor of Economics at NYU Stern.


 

Economics Department
Abstract book cover

Radical Uncertainty: Decision-Making Beyond the Numbers, by Mervyn King and John Kay

COVID-19 is a classic example of radical uncertainty.  We knew that pandemics were likely but we did not know enough to attach a probability to an event such as “a virus will emerge from Wuhan in China in December 2019”.  We do not know what the future will hold.  But we must make decisions anyway.