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Re:Unsolved problems in economics by tomrod on Tuesday May 17, 2022 @09:40AM (#31410430)
Now I'm inordinately curious how many other economics PhDs and professors visit here, between your comment and Amazon's hiring under Pat Bajari.
Re:Unsolved problems in economics by gmac on Tuesday May 17, 2022 @10:54AM (#31411612)
One additional data point: I'm approximately an associate professor of economics in North American terms. Also curious how many of us there are here. As it happens, one of my colleagues was recently hired by Amazon (quite nearly appending an extra zero to their salary in the process).
Re:Unsolved problems in economics by bachmeier on Tuesday May 17, 2022 @11:01AM (#31411722)
Amazon is the second largest employer of economists, behind only the Fed: https://www.cnn.com/2019/03/13/tech/amazon-economists/index....

I've talked to several big names that have told me about megaoffers from Amazon. (They probably don't care if people know, since they told me, but I'm not going to name them.)

Re:Unsolved problems in economics by lukas099 on Tuesday May 17, 2022 @04:30PM (#31415910)
What does an Amazon economist do?
Re:Unsolved problems in economics by huitzitziltzin on Tuesday May 17, 2022 @05:20PM (#31416427)
They hire in three buckets:

- Time series forecasting.

- Reduced-form causal inference

- Structural, especially what is called "structural IO".

Among the questions people in the last category will answer are: how should we price this product? How should we decide which new markets to enter?

Re:Unsolved problems in economics by bachmeier on Tuesday May 17, 2022 @10:58AM (#31411666)
Quite a few, but the benefit of participating in discussions about economics on HN is less than the opportunity cost. As economics is heavily computational, HN is as natural a fit for an economics PhD as a CS PhD.
Re:Unsolved problems in economics by em500 on Tuesday May 17, 2022 @03:10PM (#31415108)
PhD economics/econometrics, ex-research economist, turned machine learning engineer. In my personal experience the mathiness in both fields are comparable, but pay-to-effort ratio was much better in machine learning.
Re:Unsolved problems in economics by jriot on Tuesday May 17, 2022 @01:23PM (#31413770)
Finished my masters in economics. Went on to do my PhD in economics but dropped by the end of the first semester. Realized it was going to be too much with a young family at the time.
Re:Unsolved problems in economics by dash2 on Tuesday May 17, 2022 @10:58AM (#31411668)
Checking in. I did my PhD in polisci, but invaded.
Re:Unsolved problems in economics by pkofod on Tuesday May 17, 2022 @11:10AM (#31411880)
Econ PhD here! Also IO.
Re:Unsolved problems in economics by huitzitziltzin on Tuesday May 17, 2022 @05:20PM (#31416434)
Please chime in if you think anything that I said is wrong.