Why ABC Matters: Lexicography and Literary History

Why Do Financial Systems Differ? History Matters

We describe a dynamic model of financial intermediation in which fundamental characteristics of the economy imply a unique equilibrium path of bank and financial market lending. Yet we also show that economies whose fundamental characteristics have converged may continue to have very different financial structures. Because setting up financial markets is costly in our model, economies that emph...

نقدی بر کتاب History: What and Why?

نوشتار حاضر به نقد و بررسی کتاب تاریخ: چیستی و چرایی آن، نوشته بِوِرلی ساوث گیت اختصاص دارد. در این مقاله نشان داده ایم که این اثر نه یک کتاب اجتهادی و نوآورانه، که صرفاً یک متن درسی تألیفی است در باب یکی از مهم‌ترین پرسش­های فلسفه تاریخ، یعنی این پرسش که آیا تاریخ از عینیت برخوردار است یا نه؟ مولف به خوبی توانسته است دیدگاه متقدمان و متأخران، یعنی متفکران باستان و متفکران بعد از عصر روشنگری را تب...

Dynamic Competition with Network Externalities: Why History Matters∗

This paper considers dynamic platform competition in a market with network externalities. A platform that dominated the market in the previous period becomes “focal” in the current period, in that agents play the equilibrium in which they join the focal platform whenever such equilibrium exists. We ask whether a low-quality but focal platform can maintain its focal position along time, when it ...

Comparative Literary History

History matters

Many years ago, two British humorists wrote (facetiously, but not altogether inaccurately) that " History is not what you thought. It is what you can remember. All other history defeats itself " [1]. It is a dilemma that all of us—librarians, archivists, informationists, whatever—have all faced: what do we need to remember, and for how long. When does today become " History, " with a capital H?...