Research interests: Microeconomic Theory; Microeconomic Foundations of Macroeconomics; Public Economics; Environmental Economics; Experimental Economics.
Current research: experimental general equilibrium with credit; common pool resources; efficiency costs of equality.
Representative recent papers:
"The Market-Power Approach to Macroeconomic Policy," Journal of Economic Literature 31 (1), 1993, pages 105-141
"The Proportional Solution in Economies with Both Private and Public Ownership," (with John E. Roemer) Journal of Economic Theory 59 (2), 1993, pages 426-444
"Coordination Problems at Negligible Degrees of Market Power," European Economic Review 38, 1994, pages 1487-1491.
"An Efficiency Argument for Sustainable Use," in John E. Roemer, Editor, Property Relations, Incentives and Welfare, London: Macmillan Press, 1996.
Teaching Interests: Microeconomics, Public Economics.
Professional Affiliations: Fellow of the Econometric Society, Member of the American Economic Association and of the International Association for the Study of Common Property.