Details about John Philip Rust

E-mail:
Homepage:	http://editorialexpress.com/jrust
Phone:	+13018010081
Postal address:	Department of Economics Georgetown University Washington DC 20550
Workplace:	Economics Department, Georgetown University, (more information at EDIRC)

Access statistics for papers by John Philip Rust.

Last updated 2020-09-02. Update your information in the RePEc Author Service.

Short-id: pru5

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Working Papers

2019

1. Equilibrium Trade in Automobile Markets
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CESifo Working Paper Series, CESifo (2019)

2018

2. Optimal Dynamic Hotel Pricing
   2018 Meeting Papers, Society for Economic Dynamics

2015

3. Constrained Optimization Approaches to Estimation of Structural Models: Comment
   Discussion Papers, University of Copenhagen. Department of Economics
4. Estimating Discrete-Continuous Choice Models: The Endogenous Grid Method with Taste Shocks
   Discussion Papers, University of Copenhagen. Department of Economics View citations (9)
5. Precommitments for Financial Self-Control:Evidence from Credit Card Borrowing
   2015 Meeting Papers, Society for Economic Dynamics

2014

6. Recursive Lexicographical Search: Finding all Markov Perfect Equilibria of Finite State Directional Dynamic Games
   Discussion Papers, University of Copenhagen. Department of Economics View citations (7)
   See also Journal Article in Review of Economic Studies (2016)
7. The Home Selling Problem: Theory and Evidence
   Working Papers, Rice University, Department of Economics View citations (1)
   Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2013) View citations (5)
   See also Journal Article in International Economic Review (2015)

2013

8. The Dynamics of Bertrand Price Competition with Cost-Reducing Investments
   Discussion Papers, University of Copenhagen. Department of Economics View citations (5)
   See also Journal Article in International Economic Review (2018)

2012

9. A Dynamic Model of Leap-Frogging Investments and Bertrand Price Competition
   2012 Meeting Papers, Society for Economic Dynamics
10. A generalized endogenous grid method for discrete-continuous choice
    2012 Meeting Papers, Society for Economic Dynamics View citations (9)
11. Does Zero Interest Work as An Important Marketing Tool?
    Research Center for Price Dynamics Working Paper Series, Research Center for Price Dynamics, Institute of Economic Research, Hitotsubashi University

2010

12. Is the ’Linkage Principle’ Valid?: Evidence from the Field
    CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University
    See also Journal Article in Journal of Industrial Economics (2014)

2008

13. Optimal Corn and Soybean Rotations
    2008 Annual Meeting, July 27-29, 2008, Orlando, Florida, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) View citations (6)

2007

14. Intertemporal Productivity under Fixed Wages and Piece Rates
    2007 Meeting Papers, Society for Economic Dynamics

2005

15. Health Status, Insurance, and Expenditures in the Transition from Work to Retirement
    Department of Economics Working Papers, Stony Brook University, Department of Economics
16. How Large are the Classification Errors in the Social Security Disability Award Process?
    Department of Economics Working Papers, Stony Brook University, Department of Economics View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (54)
17. Induced Entry Effects of a $1 for $2 Offset in SSDI Benefits
    Department of Economics Working Papers, Stony Brook University, Department of Economics View citations (5)
18. Stochastic Dynamic Programming in Space: An Application to British Columbia Forestry
    2005 Meeting Papers, Society for Economic Dynamics

2004

19. Price Discrimination in the Steel Market
    2004 Meeting Papers, Society for Economic Dynamics View citations (5)
    Also in Econometric Society 2004 North American Summer Meetings, Econometric Society (2004) View citations (8)

2002

20. Econometric Methods for Endogenously Sampled Time Series: The Case of Commodity Price Speculation in the Steel Market
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (16)
    Also in NBER Technical Working Papers, National Bureau of Economic Research, Inc (2002) View citations (4)
21. Middlemen versus Market Makers: A Theory of Competitive Exchange
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2001) View citations (3)
    See also Journal Article in Journal of Political Economy (2003)

2000

22. A COMPARISON OF DISCRETE AND PARAMETRIC METHODS FOR CONTINUOUS-STATE DYNAMIC PROGRAMMING PROBLEMS
    Computing in Economics and Finance 2000, Society for Computational Economics View citations (27)
23. How Large is the Bias in Self-Reported Disability?
    Working Papers, Brown University, Department of Economics View citations (76)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (12)
    See also Journal Article in Journal of Applied Econometrics (2004)

1999

24. An Empirical Model of Inventory Investment by Durable Commodity Intermediaries
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (14)
    Also in Macroeconomics, University Library of Munich, Germany (1999) View citations (7)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2000)
25. How Large is the BIas in Self-Reported Disability Status?
    Department of Economics Working Papers, Stony Brook University, Department of Economics View citations (3)
26. No Curse of Dimensionality for Contraction Fixed Points Even in the Worst Case
    Computational Economics, University Library of Munich, Germany View citations (1)

1998

27. An Empirical Analysis of the Social Security Disability Application, Appeal, and Award Process
    Public Economics, University Library of Munich, Germany View citations (30)
    See also Journal Article in Labour Economics (1999)

1997

28. A Comparison of Policy Iteration Methods for Solving Continuous-State, Infinite-Horizon Markovian Decision Problems Using Random, Quasi-random, and Deterministic Discretizations
    Computational Economics, University Library of Munich, Germany View citations (10)
29. Dealing with the Complexity of Economic Calculations
    Computational Economics, University Library of Munich, Germany View citations (5)

1996

30. How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets
    Public Economics, University Library of Munich, Germany View citations (61)
    Also in Working papers, Wisconsin Madison - Social Systems (1994) View citations (13)
    See also Journal Article in Econometrica (1997)
31. On the Optimal Lifetime of Nuclear Power Plants
    Industrial Organization, University Library of Munich, Germany
    See also Journal Article in Journal of Business & Economic Statistics (1997)
32. Using Randomization to Break the Curse of Dimensionality
    Computational Economics, University Library of Munich, Germany
    Also in Working papers, Wisconsin Madison - Social Systems (1994) View citations (4)
    See also Journal Article in Econometrica (1997)

1995

33. A Dynamic Programming Model of U.S. Nuclear Power Plant Operations
    Microeconomics, University Library of Munich, Germany View citations (5)
34. Optimal Response to Shift in Regulatory Regime: the Case of the U.S. Nuclear Power Industry
    Industrial Organization, University Library of Munich, Germany View citations (15)
    See also Journal Article in Journal of Applied Econometrics (1995)

1991

35. Estimation of dynamic Structural Models: Problems and Prospects Part I: Discrete Decision Processes
    Working papers, Wisconsin Madison - Social Systems View citations (32)

1989

36. Behavior of male workers at the end of the life-cycle: an empirical analysis of states and controls
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations (22)
    See also Chapter (1990)

1987

37. A Dynamic Programming Model of Retirement Behavior
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    See also Chapter (1989)

1985

38. Maximum Likelihood Estimation Of Discrete Control Processes
    SSRI Workshop Series, University of Wisconsin-Madison, Social Systems Research Institute

1984

39. Stationary Equilibrium In A Market For Durable Assets
    SSRI Workshop Series, University of Wisconsin-Madison, Social Systems Research Institute
    See also Journal Article in Econometrica (1985)

1983

40. Optimal Replacement Timing And Monopoly Choice Of Durability
    SSRI Workshop Series, University of Wisconsin-Madison, Social Systems Research Institute

Undated

41. Convergence Properties of Policy Iteration
    Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University

Journal Articles

2018

1. Strategic Timing of Investment over the Business Cycle: Machine Replacement in the US Rental Industry
   Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2018, 238, (3-4), 295-351
2. THE DYNAMICS OF BERTRAND PRICE COMPETITION WITH COST‐REDUCING INVESTMENTS
   International Economic Review, 2018, 59, (4), 1681-1731 View citations (2)
   See also Working Paper (2013)

2017

3. Precommitments for Financial Self-Control? Micro Evidence from the 2003 Korean Credit Crisis
   Journal of Political Economy, 2017, 125, (5), 1413 - 1464 View citations (2)
4. The endogenous grid method for discrete‐continuous dynamic choice models with (or without) taste shocks
   Quantitative Economics, 2017, 8, (2), 317-365 View citations (22)

2016

5. Comment on “Constrained Optimization Approaches to Estimation of Structural Models”
   Econometrica, 2016, 84, 365-370 View citations (7)
6. Mostly Useless Econometrics? Assessing the Causal Effect of Econometric Theory
   Foundations and Trends(R) in Accounting, 2016, 10, (2-4), 125-203
7. Recursive Lexicographical Search: Finding All Markov Perfect Equilibria of Finite State Directional Dynamic Games
   Review of Economic Studies, 2016, 83, (2), 658-703 View citations (3)
   See also Working Paper (2014)

2015

8. THE HOME SELLING PROBLEM: THEORY AND EVIDENCE
   International Economic Review, 2015, 56, 457-484 View citations (15)
   See also Working Paper (2014)

2014

9. Can Well-Being be Measured Using Facebook Status Updates? Validation of Facebook’s Gross National Happiness Index
   Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2014, 115, (1), 483-491 View citations (1)
10. Is the ‘Linkage Principle’ Valid? Evidence from the Field
    Journal of Industrial Economics, 2014, 62, (2), 346-375 View citations (3)
    See also Working Paper (2010)
11. The Limits of Inference with Theory: A Review of Wolpin (2013)
    Journal of Economic Literature, 2014, 52, (3), 820-50 View citations (11)

2013

12. Harry Kelejian's Professional Life and Work
    Spatial Economic Analysis, 2013, 8, (3), 218-227

2011

13. Rust’s and Staelin’s Comments on: “A structural model of sales force compensation dynamics: estimation and field implementation” by Sanjog Misra and Harikesh Nair
    Quantitative Marketing and Economics (QME), 2011, 9, (3), 259-265

2010

14. Comments on: "Structural vs. atheoretic approaches to econometrics" by Michael Keane
    Journal of Econometrics, 2010, 156, (1), 21-24 View citations (16)
15. The Flat Rental Puzzle
    Review of Economic Studies, 2010, 77, (2), 560-594 View citations (3)

2009

16. Valuing programs with deterministic and stochastic cycles
    Journal of Economic Dynamics and Control, 2009, 33, (3), 614-623 View citations (2)

2008

17. Is econometrics useful for private policy making? A case study of replacement policy at an auto rental company
    Journal of Econometrics, 2008, 145, (1-2), 243-257 View citations (10)

2007

18. The (S,s) Policy is an Optimal Trading Strategy in a Class of Commodity Price Speculation Problems
    Economic Theory, 2007, 30, (3), 515-538 View citations (9)

2005

19. Comments on “Econometric Analysis of Fisher's Equation” by Peter C. B. Phillips
    American Journal of Economics and Sociology, 2005, 64, (1), 169-184

2004

20. How large is the bias in self-reported disability?
    Journal of Applied Econometrics, 2004, 19, (6), 649-670 View citations (103)
    See also Working Paper (2000)
21. Special issue on the econometrics of social insurance
    Journal of Applied Econometrics, 2004, 19, (6), 647-648 View citations (1)

2003

22. Middlemen versus Market Makers: A Theory of Competitive Exchange
    Journal of Political Economy, 2003, 111, (2), 353-403 View citations (104)
    See also Working Paper (2002)

2002

23. Is There a Curse of Dimensionality for Contraction Fixed Points in the Worst Case?
    Econometrica, 2002, 70, (1), 285-329 View citations (11)

2000

24. An empirical model of inventory investment by durable commodity intermediaries
    Carnegie-Rochester Conference Series on Public Policy, 2000, 52, (1), 171-214 View citations (8)
    See also Working Paper (1999)
25. Introduction: inference and decision making
    Journal of Applied Econometrics, 2000, 15, (6), 545-546 View citations (1)

1999

26. An empirical analysis of the social security disability application, appeal, and award process
    Labour Economics, 1999, 6, (2), 147-178 View citations (49)
    See also Working Paper (1998)
27. Effect of pensions on saving: analysis with data from the health and retirement study: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1999, 50, (1), 325-335

1997

28. How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets
    Econometrica, 1997, 65, (4), 781-832 View citations (436)
    See also Working Paper (1996)
29. On the Optimal Lifetime of Nuclear Power Plants
    Journal of Business & Economic Statistics, 1997, 15, (2), 195-208 View citations (17)
    See also Working Paper (1996)
30. Using Randomization to Break the Curse of Dimensionality
    Econometrica, 1997, 65, (3), 487-516 View citations (134)
    See also Working Paper (1996)

1995

31. Introduction: The Microeconometrics of Dynamic Decision Making
    Journal of Applied Econometrics, 1995, 10, (S), S1-7 View citations (2)
32. Optimal Response to a Shift in Regulatory Regime: The Case of the US Nuclear Power Industry
    Journal of Applied Econometrics, 1995, 10, (S), S75-118 View citations (14)
    See also Working Paper (1995)

1994

33. Characterizing effective trading strategies: Insights from a computerized double auction tournament
    Journal of Economic Dynamics and Control, 1994, 18, (1), 61-96 View citations (11)

1993

34. GAUSS and MATLAB: A Comparison
    Journal of Applied Econometrics, 1993, 8, (3), 307-24 View citations (2)

1988

35. Comment on Poirer: The Subjective Perspective of a "Spiritual Bayesian."
    Journal of Economic Perspectives, 1988, 2, (1), 145-51
36. Statistical models of discrete choice processes
    Transportation Research Part B: Methodological, 1988, 22, (2), 125-158 View citations (1)

1987

37. Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher
    Econometrica, 1987, 55, (5), 999-1033 View citations (688)

1986

38. When Is It Optimal to Kill Off the Market for Used Durable Goods?
    Econometrica, 1986, 54, (1), 65-86 View citations (51)

1985

39. A nested logit model of automobile holdings for one vehicle households
    Transportation Research Part B: Methodological, 1985, 19, (4), 275-285 View citations (50)
40. Equilibrium holdings distributions in durable asset markets
    Transportation Research Part B: Methodological, 1985, 19, (4), 331-345
41. Stationary Equilibrium in a Market for Durable Assets
    Econometrica, 1985, 53, (4), 783-805 View citations (36)
    See also Working Paper (1984)

1984

42. Why Do Companies Pay Dividends? Comment
    American Economic Review, 1984, 74, (5), 1135-36

Edited books

1996

1. Handbook of Computational Economics, vol 1
   Handbook of Computational Economics, Elsevier View citations (45)

Chapters

2005

1. Impact of retiree health plans on faculty retirement decisions
   Chapter 7 in Recruitment, Retention and Retirement in Higher Education, 2005 View citations (1)

1996

2. Numerical dynamic programming in economics
   Chapter 14 in Handbook of Computational Economics, 1996, vol. 1, pp 619-729 View citations (79)

1990

3. Behavior of Male Workers at the End of the Life Cycle: An Empirical Analysis of States and Controls
   A chapter in Issues in the Economics of Aging, 1990, pp 317-382 View citations (29)
   See also Working Paper (1989)

1989

4. A Dynamic Programming Model of Retirement Behavior
   A chapter in The Economics of Aging, 1989, pp 359-404 View citations (37)
   See also Working Paper (1987)

1986

5. Structural estimation of markov decision processes
   Chapter 51 in Handbook of Econometrics, 1986, vol. 4, pp 3081-3143 View citations (1)

Editor

1. Handbook of Computational Economics
   Elsevier
2. Handbook of Computational Economics
   Elsevier