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Artem Kuriksha

Publications and source records attributed to Artem Kuriksha.

2 recordsLinked to original sources

Network Experiments with Edge Treatments and Node Outcomes

We present a methodology for analyzing node-level outcomes while experimenting with edge-level treatments in a population connected by an undirected graph. Under our design, nodes are randomly assigned to test or control, and each edge inherits the treatment of its endpoints, with conflicts resolved by randomization. We use each node's assigned status as an instrument for its treatment exposure. We show that the Wald estimator is consistent for the global average treatment effect (GATE), even when the edge weights used to construct the exposure are misspecified. We formalize the assumptions needed both in terms of the linearity of potential outcomes and the sparsity of the graph, and prove the asymptotic normality of the Wald estimator. The estimator is straightforward to implement, requiring no assignment simulations over the graph. Our Monte Carlo study demonstrates the strong performance of our approach in the context of a social platform.

econ.EM↗

An Economy of Neural Networks: Learning from Heterogeneous Experiences

This paper proposes a new way to model behavioral agents in dynamic macro-financial environments. Agents are described as neural networks and learn policies from idiosyncratic past experiences. I investigate the feedback between irrationality and past outcomes in an economy with heterogeneous shocks similar to Aiyagari (1994). In the model, the rational expectations assumption is seriously violated because learning of a decision rule for savings is unstable. Agents who fall into learning traps save either excessively or save nothing, which provides a candidate explanation for several empirical puzzles about wealth distribution. Neural network agents have a higher average MPC and exhibit excess sensitivity of consumption. Learning can negatively affect intergenerational mobility.

econ.GN↗