Felix Vardy

Working Papers

Existence of Equilibrium in the Generalized Melitz Model, with Bernhard Eckwert, November 2024.

Bad Trade Away From Autarky, with J. Morgan and J. Tumlinson, September, 2024.

Existence of Equilibrium in the Krugman Model, with J. Morgan and J. Tumlinson, June, 2023.

Bad Trade: The Loss of Domestic Varieties, with J. Morgan and J. Tumlinson, January, 2020.

Work in Progress

A Teamwork Theory of Discrimination--with an Application to Coauthoring in Economics, with J. Tumlinson.

The Advantage of Hiring the Disadvantaged, with J. Brown and J. Tumlinson.

Swipe Left Forever: The Breakdown of Mating in the Age of Easy Search, with J. Tumlinson.

Journal Articles

When Autarky Trumps Free and Costless Trade, with J. Morgan and J. Tumlinson, conditionally accepted at Theoretical Economics.

The Limits of Meritocracy, with J. Morgan and J. Tumlinson, Journal of Economic Theory 201, April 2022. 

Bayesian Learning with Variable Prior, with N. Brandt and B. Eckwert, Journal of Mathematical Economics 97, December 2021. 

The Ponds Dilemma, with J. Morgan and D. Sisak, The Economic Journal 128, pp. 1634-1682, June 2018.

Demand for Slant: How Abstention Shapes Voters' Choice of News Media, with S. Oliveros, The Economic Journal 125, pp. 1327–1368, September 2015.

Information and the Dispersion of Conditional Expectations, with N. Brandt, B. Drees and B. Eckwert, Journal of Economic Theory 154, pp. 604–611, November 2014.

Cheap Money and Risk Taking: Opacity versus Underlying Risk, with B. Drees and B. Eckwert, European Economic Review 62, pp. 114–129, August 2013.

The Fragility of Commitment, with J. Morgan, Management Science 59, pp. 1344–1353, June 2013.

Mixed Motives and the Optimal Size of Voting Bodies, with J. Morgan, Journal of Political Economy 120, pp. 986-1026, October 2012.

Negative Vote Buying and the Secret Ballot, with J. Morgan, Journal of Law, Economics and Organization 28, pp. 818-849, October 2012.

On the Buyability of Voting Bodies, with J. Morgan, Journal of Theoretical Politics 23, pp. 260-287, April 2011.

Diversity in the Workplace, with J. Morgan, American Economic Review 99, pp. 472-485, March 2009.

Reforming the IMF, with J. Morgan, The Economists' Voice 4, October 2007.

The Value of Commitment in Contests and Tournaments when Observation is Costly, with J. Morgan, Games and Economic Behavior 60, pp. 326-338, August 2007.

The Internal Job Market of the IMF’s Economist Program, with G. Barron, IMF Staff Papers 52, pp. 410-429, December 2005. (Excel implementation of the DAA: EP-Match.)

Stackelberg Leader Games with Observation Costs, Games and Economic Behavior 49, pp.374-400, November 2004.

An Experimental Study of Commitment and Observability in Stackelberg Games, with J. Morgan, Games and Economic Behavior 49, pp. 401-423, November 2004.

Can Negotiations Prevent Fish Wars?, with H. Houba and K. Sneek, Journal of Economic Dynamics and Control 24, pp. 1265-1280, July 2000.