British American Tobacco rated Sell: vapour/heated growth unclear, margins diluted, and regulatory headwinds despite a 5.4% ...

In recent years, the frequency of weather-related natural disasters—cyclones, torrential rains, floods—has increased as a consequence of global warming. These disasters cause billions of dollars in ...

Goodhart's Law ("When a measure becomes a target, it ceases to be a good measure.") has been around long enough that it ...

We ask how far the choice of which moments to match can push estimates in misspecified structural models. The answer is: very far. Under regularity conditions, an adversarial researcher informed about ...