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Posts by Edward Wiles

I gave some to my father-in-law and he now routinely mixes the ground-up grains of selim with ground coffee in the moka pot. It isn’t the same but it’s kind of interesting

1 year ago 1 0 1 0

We find:
1. Relaxing search frictions improves access to foreign goods, but relaxing both search *and* trust frictions (adverse selection + moral hazard) is needed to form meaningful relationships.
2. Smartphones + social media can lower these frictions and allow small firms to import directly.

1 year ago 3 0 0 0

Thanks for including my JMP! With @deivyhoueix.bsky.social, we run an RCT studying search costs, adverse selection, and moral hazard between firms and suppliers in a large international import market.

More detail available in the paper, including model and estimation! tinyurl.com/4acf2uwm

1 year ago 10 3 2 1

For 1, not sure if you have in mind a group or individual thing. If group (and group not too small), then I’d do this. It can create meaningful externalities in terms of students bonding across cohorts.

2 was started at MIT recently and has been very useful, but if forced to choose I’d do 1.

1 year ago 0 0 0 0