2019 Economics Senior Lunch

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Across
  1. 3. Difference between prices that asset sellers demand and buyers require
  2. 8. Akerlof’s paper “The Market for Lemons” describes how asymmetry of information leads to ________ selection
  3. 11. Co-Author of “Adapting to Climate Change: Evidence from Long-Run Changes in the Temperature-Mortality Relationship in the 20th Century United States
  4. 15. This sheep was cloned in 1997, the year many of this year’s graduating seniors were born
  5. 17. Econometric term for the correlation between independent variables and the error terms
  6. 20. Conditional perfect foresight
  7. 22. Industry structure in which only one seller provides a good or service that has no close substitutes
  8. 23. Informal understanding that governs behavior in a society
  9. 24. Situation in which no one benefits by changing his/her behavior
  10. 25. Ballot that stockholders use to vote shares
  11. 27. Risk to the financial system
  12. 29. When a good/service becomes more valuable the more people use it
Down
  1. 1. Head of the Economics Program
  2. 2. A multi-dimensional line
  3. 4. Process of determining the present value of a payment or a stream of payments that is to be received in the future
  4. 5. Dean of the Tepper School of Business
  5. 6. A deviation between the observed data and the restrictions on variables imposed by set of first order conditions of a Pareto optimal competitive equilibrium
  6. 7. A function that can easily be computed, but whose inverse is very difficult to compute.
  7. 9. One of the six principles of persuasion, that invokes returning a favor that is owed
  8. 10. In the Solow Growth Model, production growth rate declines as __________ accumulates
  9. 12. This faculty member was an Economist with the Ministry of Trade and Industry of Singapore
  10. 13. A set of assumptions designed to simplify the world and make it more understandable in order to address a specific question
  11. 14. This faculty member won the 2017 The William H. and Frances S. Ryan Award for Meritorious Teaching?
  12. 16. Honorary Advisor to the Institute for Monetary and Economic Studies of the Bank of Japan
  13. 18. a noun formed from another grammatical form that deadens prose; grossly overused in academic writing
  14. 19. _______ multipliers are interpreted as the imputed value or shadow prices of inputs for production
  15. 21. Measurement of responsiveness of an economic variable to a change in another variable
  16. 26. Number of CMU affiliated Nobel Laureates in Economics
  17. 28. The art of persuasion