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Understanding Price Formation through a Boid-Based Analysis: Insights from Thailand in the Context of Emerging Economies
No full textapplication/pdfIDP000975_001This study applies the boid model—a framework of separation, alignment, and cohesion rules originally developed to simulate swarm behavior—to analyze price formation in emerging economies. By adapting these behavioral rules, it classifies sectoral price responses as competitive avoidance, peer alignment, or convergence toward benchmarks. Using Multiregional Input-Output data from the Asian Development Bank, the analysis focuses on Thailand, a country with relatively moderate inflation during the recent global surge. Results show heterogeneous patterns: some sectors follow international price trends, while others maintain differentiation. These findings challenge the view that emerging economies passively absorb global pressures and highlight how behavioral interdependencies shape price dynamics, offering implications for market analysis and policy design.technical repor
Public Moral Hazard in Solutions to Private Moral Hazard, Illustrated by Macro-Financial Policy Regimes Response to Hélène Rey
No full textPowerful states should avoid using their power and international organisations they dominate to prescribe general measures to developing-economy states because we have not yet overcome our own obvious problems. Doing so also harms our position in the world. Good policies can speak for themselves. We can usefully try to describe our mistakes, problems, and what we think we have learned. There are important illustrations in the 2022-23 inflationary and banking problems. They are rooted in moral hazard within and across organs of the state, which are problems still largely ignored within political economy and science.Version of Recor
The molecular origins and implications of genomic structural variation in deer mice
No full textUnderstanding the origins and evolution of genome architecture is a central goal in biology. Nonetheless, genomic structural variation within species remains poorly characterized in natural populations and the molecular mechanisms underlying variation in genome architecture are largely obscure. Here, I apply theory of genetic conflict, state-of-the-art sequencing techniques and recently developed bioinformatics methods to investigate the origins of genome architecture and characterize genomic structural variation in the deer mouse (Peromyscus maniculatus), a mammalian model system for studying natural variation. In Chapter 1, I show that endogenization and subsequent invasion of divergent retroviruses ultimately gave rise to a unique genomic repeat landscape in the deer mouse relative to nearly all other studied mammals. In Chapter 2, by sequencing and comparing chromosome-level genome assemblies within deer mouse populations, I elucidate how various genomic repeats contribute to the formation of massive chromosomal rearrangements resulting in widespread intraspecific karyotype variation. Finally, in Chapter 3, I use newly developed pangenomic methods to characterize structural variation in ecologically and biogeographically diverse deer mouse populations, revealing striking gene copy number variation with likely implications in adaptation. Together this work characterizes several novel patterns of genome evolution in a mammal, providing important insight into the processes that give rise to variation in mammalian genome structure.Biology, Organismic and Evolutionar