Mitchell Watt

Lecturer (Assistant Professor) in Economics at Monash University, Stanford grad. Market design and micro theory.

[Mitchell Watt @MitchLWatt]

@florianederer Thanks, and in that case, congrats to you too!

[Mitchell Watt @MitchLWatt]

Excited to have my first paper appear in REStud - five years in the making! Paul Milgrom and I show how to extend Walrasian mechanisms to nonconvex markets - with only one additional parameter needed to assure existence.

[The Review of Economic Studies @RevEconStudies]

In their paper, recently accepted to #REStud, Milgrom & Watt @MitchLWatt introduce “Walrasian markup mechanisms”—feasible, nearly efficient, and nearly incentive compatible mechanisms for nonconvex markets using linear prices.

https://t.co/Az6nV4Lc19

#econtwitter

[Mitchell Watt @MitchLWatt]

@kunzhangte Thanks Kun! Hope to see you in Brisbane soon!

[Mitchell Watt @MitchLWatt]

Also Paul’s first REStud paper, if you can believe it!

[GRAPE @GRAPE_ORG]

📸 @MitchLWatt (@MonashUni) owns the stage at #IMDdays2025. Presenting "Optimal In-Kind Redistribution" 👇

[GRAPE @GRAPE_ORG]

📣 The wait is over! #IMDdays2025 kicks off today in the beautiful Konstancin-Jeziorna, just outside Warsaw. Get ready for a powerhouse workshop diving into markets, policy, and inequality with an incredible lineup 👇

ℹ️ Check out the full program: https://t.co/HZ94z6TVX1

[Mitchell Watt @MitchLWatt]

I’m on the #EconJobMarket and my tremendous co-author @ZiYangKang has shared an excellent summary of my #JMP about subsidies and redistribution and our companion paper both written over a (busy!) summer. Check out the thread (and the far-too-generous things he says about me) here

[Zi Yang Kang @ZiYangKang]

1/ My co-author @MitchLWatt is on the #EconJobMarket this year.

Mitch is an applied theorist interested in market design, IO, and public policy.

I happen to know his #JMP and its companion paper very well. 😇

🧵👇 with an overview of both papers.

#EconTwitter

[Mitchell Watt @MitchLWatt]

Very exciting to see some theoretical work with Paul Milgrom applied in practice to EU electricity markets: a really interesting talk by @mar_bichler on cutting edge approaches to electricity market optimization at @nber #marketdesign conference this morning

[Mitchell Watt @MitchLWatt]

@CombeJu @NickArnosti @AssafRomm @econD47 No worries at all. Thanks also for your helpful feedback yesterday!

[Mitchell Watt @MitchLWatt]

@CrJackBoyd @jennymcallister @MurrayWatt Watt a policy!

[Mitchell Watt @MitchLWatt]

@akbarpour_ This is related to 3 - incentives - because professors are incentivized to respond to teaching evaluations. But like ‘eating your vegetables’, it seems to me that more active learning should be encouraged, even if it is less preferred by students because of the learning benefits

[Mitchell Watt @MitchLWatt]

@akbarpour_ Can I suggest another reason based on what I have seen? Some students don’t like active learning because it is harder than just watching the professor doing all the work. Students report disliking the activities on evaluations, and professors switch back to lecturing.

[Mitchell Watt @MitchLWatt]

@shoshievass @Susan_Athey has a good collection of datasets from experimental papers here https://t.co/8jTDAFOnmb but you might already be aware of these or want observational data

[Mitchell Watt @MitchLWatt]

Congratulations to my old boss, @JEChalmers, Australia’s new Treasurer. Bringing the treasury to Logan, and Logan to the treasury!

[Jim Chalmers MP @JEChalmers]

Getting to work straight away. Briefed at home in Logan by the Treasury Secretary, discussing the substantial economic and budget challenges our new government is inheriting. #auspol #ausecon

[Mitchell Watt @MitchLWatt]

@NickArnosti And I guess moreover I have assumed X is a metric space

[Mitchell Watt @MitchLWatt]

@NickArnosti Seems like uniform convergence of f_n to f suffices: since f_n continuous, so is |f_n| and can apply notions of epi-convergence of |f_n| to imply that the minimizers of |f_n| (the zeros of f_n) must convergence to the minimizer of f. There might be more elegant approaches though!

[Mitchell Watt @MitchLWatt]

@NickArnosti And should read “converge to the minimizer of |f|”

[Mitchell Watt @MitchLWatt]

@NickArnosti One missing link in the logic: uniform convergence of continuous functions on each compact set of R^n implies epi-convergence. https://t.co/C894IlL7l2

[Mitchell Watt @MitchLWatt]

@Cranky_Bear @AnnastaciaMP Not yet. Until 90% vaccination target hit, vaccinated arrivals must quarantine for 14 days - longer than Queenslanders *with* COVID must isolate…