Shani Cohen
@shanicn.bsky.social
450 followers 290 following 26 posts
Economics PhD candidate at Harvard. Studies micro and macro economics. Erdős number 2. Fellow at Molad Center. https://www.shanicohen.org/
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Reposted by Shani Cohen
chrismurphyct.bsky.social
Those trying to understand the tariffs as economic policy are dangerously naive.

No, the tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief.

1/ A 🧵 to explain his plan and how we fight back.
shanicn.bsky.social
I strongly recommend to read Shai's piece on the Boston Review, and follow @molad-institute.bsky.social, who are finally on bluesky!
molad-institute.bsky.social
For over a decade, the political center has dominated the opposition, shifting the ideological debate into a discourse of unity. It promised that this will defeat the right wing. In a new article in the Boston Review, Molad’s Academic Director Dr. Shai Agmon explains why this strategy failed. Thread
shanicn.bsky.social
Some of the words banned in different government agencies, brought to you by the great champions of free speech.
shanicn.bsky.social
The opposition to continuing the hostage and ceasefire deal presents itself as the voice of logic. In reality, it promotes a distorted, illogical view of responsibility and the state's role.
My new op-ed in Haaretz.
www.haaretz.com/israel-news/...
Opponents of the hostage deal have a message for fellow Israelis: The state won't save you | Opinion
***
www.haaretz.com
shanicn.bsky.social
המתנגדים לעסקת החטופים אוהבים להציג את עצמם כמי שמייצגים שיקולים רציונליים – ואת תומכי העסקה כמי שנכנעים לרגש. אבל האמת היא שהתפיסה שלהם, אליה הם מתייחסים בתור ״קול ההיגיון״, היא לא פחות משכתוב תפקידה ההיסטורי של מדינת ישראל.

טור חדש שלי ב״הארץ״.
www.haaretz.co.il/magazine/the...
ההתנגדות לעסקת מקבעת תפיסה מחרידה: מדי פעם יחטפו אותנו, וזו בעיה שלנו
הארץ
www.haaretz.co.il
Reposted by Shani Cohen
shengwuli.bsky.social
I did a NYT video interview—along with voices from Hungary, Nicaragua, and Russia— about how repression works in authoritarian states.

www.nytimes.com/video/opinio...
Video: Opinion | How Tyranny Begins
Tyranny doesn’t happen overnight. Take it from the people who missed the first signs.
www.nytimes.com
Reposted by Shani Cohen
anderskjelsrud.bsky.social
**New working paper**

How does the under-representation of females in Economics affect the career trajectory of female Ph.D. students?

Sahar Parsa and I look at this in a new working paper by exploring sabbatical leaves taken by female professors at top-50 US Econ departments.
Reposted by Shani Cohen
florianederer.bsky.social
Ran Spiegler has a new book out that I found very entertaining.

It's a collection of essays offering accessible introductions to modern classics of economic theory: global games, Bayesian persuasion, hold-up problem, competitive screening, ...

And it's FREE!
direct.mit.edu/books/oa-mon...
The Curious Culture of Economic Theory
An essay collection that insightfully explores the professional culture of contemporary economic theory, highlighting key features of successful economic t
direct.mit.edu
Reposted by Shani Cohen
bengolub.bsky.social
In economics, editors, referees, and authors often behave as if a published paper should reflect some kind of authoritative consensus.

As a result, valuable debate happens in secret, and the resulting paper is an opaque compromise with anonymous co-authors called referees.

1/
shanicn.bsky.social
I recently decided that I want to become "that person", here for the recommendations!
Reposted by Shani Cohen
cjpberry.bsky.social
Well summarized in the thread. It’s a treat — explains some of the dissonance.

drive.google.com/file/d/1No3h...
Reposted by Shani Cohen
sweiwang.bsky.social
Very nice JMP that might inspired experimentalists to revisit some of the classic results in experimental asset markets. Note the predictions that are distinct from those derived from the Harrison-Kreps style models of overpricing. #econsky #econjmp
shanicn.bsky.social
I am on the job market, which seems like a great opportunity for my first post on here! My job market paper is about failures of contingent thinking -- the act of reasoning about hypothetical events. 1/
Reposted by Shani Cohen
cynamon.bsky.social
It has been a while since I wanted to sit down with a hot cocoa and a working paper. The atmospheric river and this job market paper on Dynamic Cursed Expectations have me there. ☕️📄
shanicn.bsky.social
I am on the job market, which seems like a great opportunity for my first post on here! My job market paper is about failures of contingent thinking -- the act of reasoning about hypothetical events. 1/
shanicn.bsky.social
Thanks for the comment! We surely could take into account that the realized price will carry new information, but the experimental literature shows that it might be hard. Ngangoué and Weizsäcker show this difference in behavior with limit orders vs observed prices
www.aeaweb.org/articles?id=...
Learning from Unrealized versus Realized Prices
(May 2021) - Our experiments investigate the extent to which traders learn from the price, differentiating between situations where orders are submitted before versus after the price has realized. In ...
www.aeaweb.org
Reposted by Shani Cohen
vitalig.bsky.social
Brilliant idea, explained simply. Will definitely read the paper and think about how to use it in my work.
shanicn.bsky.social
I am on the job market, which seems like a great opportunity for my first post on here! My job market paper is about failures of contingent thinking -- the act of reasoning about hypothetical events. 1/
shanicn.bsky.social
הלוואי שזה עלי! אתמול קראתי פוסט על איך מתישהו מגיעים למצב של אדישות. אני עוד לא שם לצערי אז לא יכולה להעיד
Reposted by Shani Cohen
shengwuli.bsky.social
My student and coauthor Shani Cohen is on the job market!

bsky.app/profile/shan...
shanicn.bsky.social
I am on the job market, which seems like a great opportunity for my first post on here! My job market paper is about failures of contingent thinking -- the act of reasoning about hypothetical events. 1/
Reposted by Shani Cohen
shourideh.bsky.social
My favorite kind of behavioral economics. Take a simple deviation from the standard properties of learning and explore all of its strategic implications.
shanicn.bsky.social
I am on the job market, which seems like a great opportunity for my first post on here! My job market paper is about failures of contingent thinking -- the act of reasoning about hypothetical events. 1/
shanicn.bsky.social
the true return distribution is a mean-preserving spread of the one that agents in DCEE use.

Dynamic Cursed Expectations are defined for a general framework and can be applied to many different models of competitive markets, including a variety of applications in macroeconomics and finance. 15/15
shanicn.bsky.social
This application suggests that asset overpricing can come from underestimation of the risk. When ‘good things go together’ and ‘bad things go together’, neglecting those correlations makes the agent consider a ‘less risky’ distribution: 14/
shanicn.bsky.social
In DCEE, I would neglect that correlation. I would be correct about the marginal distribution of Tuesday’s price, and about the marginal distribution of Wednesday’s dividend, but not realize that the two are correlated. Under risk aversion, that leads to overpricing of the risky asset. 13/