Michael Mandler's Homepage

I'm a professor of economics in the Economics Department at Royal Holloway College, University of London.

Department of Economics
Royal Holloway College, University of London
Egham, TW20 0EX
United Kingdom

Tel: 44 (0)1784 44 3985


Here are some recent published papers:

  • Endogenous indeterminacy and volatility of asset prices under ambiguity (in Theoretical Economics 2013)
  • Indecisiveness in behavioral welfare economics (in the Journal of Economic Behavior and Organization 2014)
  • Irrationality proofness: markets versus games (in the International Economic Review 2014)
  • Rational agents are the quickest (in the Journal of Economic Theory 2015)
  • The benefits of risky science (in the Economic Journal 2017)
  • Piracy versus monopoly in the market for conspicuous consumption (in the Economic Journal 2018)
  • Coarse, efficient decision-making (in the Journal of the European Economic Association 2020)
  • Distributive justice for behavioral welfare economics (in the Economic Journal 2020)
  • The lexicographic method in preference theory (in Economic Theory 2020)
  • A quick proof of the order-extension principle (in the American Mathematical Monthly 2020)
  • Increasing returns and the efficient acquisition of information (in the Journal of Economic Theory 2024)
  • The pure advantage of risk in production (in the European Economic Review 2024)

    And some more papers:

  • Cardinality versus Ordinality: A Suggested Compromise (in the American Economic Review)
  • Fragility of information aggregation in large elections (shorter version in Games and Economic Behavior)
  • Harsanyi's Utilitarianism via Linear Programming (in Economics Letters)
  • How to win a large election (in Games and Economic Behavior)
  • Incomplete Preferences and Rational Intransitivity of Choice (in Games and Economic Behavior)
  • Indifference and Incompleteness Distinguished by Rational Trade (in Games and Economic Behavior)
  • Million Answers to Twenty Questions: Choosing by Checklist (in Journal of Economic Theory)
  • Policy Discrimination with and without Interpersonal Comparisons of Utility (in Economic Theory)
  • Rationality and the speed of decision-making (in Proceedings of TARK XII, 2009)
  • Status Quo Maintenance Reconsidered: Changing or Incomplete Preferences? (in the Economic Journal)
  • Strategies as states (in the Journal of Economic Theory)

  • A unified explanation of reference dependence, loss aversion, and the reflection effect
  • Competitive information discovery
  • Welfare Economics with Status Quo Bias: a Policy Paralysis Problem and Cure
  • Accessible Pareto-Improvements: Using Market Information to Reform Inefficiencies
  • Quantity Observations as a Path to Pareto Improvements
  • Compromises Between Cardinality and Ordinality in Preference Theory and Social Choice
  • Transitive Orderings of Properties of Utility Functions
  • The Sequential Indeterminacy Problem
  • A Difficult Choice in Preference Theory: Rationality Implies Completeness or Transitivity But Not Both
  • Classical and neoclassical indeterminacy in one-shot vs. ongoing equilibria
  • Human Rights Conditions on Foreign Aid Can Backfire
  • Well-Behaved Production Economies
  • Factor prices in general equilibrium (for the New Palgrave)
  • Sraffian economics (new developments) (for the New Palgrave)

    Links to some slightly older papers:

  • Simple Pareto-Improving Policies in the Journal of Economic Theory.
  • Interpersonal Comparisons of Utility and the Policy Paralysis Problem in Social Choice and Welfare.
  • Sequential Indeterminacy in Production Economies in the Journal of Economic Theory.
  • Sequential Regularity in Production Economies in the Journal of Mathematical Economics.
  • Sraffian Indeterminacy in General Equilibrium in the Review of Economic Studies.

    And a link if you want to buy my book Dilemmas in Economic Theory.