About Per SE

Commentary and research on current events and public policy by economists from the University of the Philippines
Monthly archive December 2010

Selected faculty publications, 2005-2009

Publications by UPSE Faculty in the period 2005-2009 indexed in the Web of Science (Thompson Reuters).

A multi-level choice theory

The Great Recession has called into question many tenets of Neo-classical Microeconomics. Neo-classical theory allows each agent only one fixed type, homo economicus, while not denying other possible types as in adverse selection. We propose that economic agents not only choose their market basket but also their types.