Packet 2: Bonus 7
Pol Antràs and Elhanan Helpman’s model of global sourcing helped promote this theory. For 10 points each:
[10h] Name this theory, which predicts that intra-industry monopolistic competition will raise aggregate productivity by causing low-productivity firms to leave the export market, as in Marc Melitz’s model of reallocation.
ANSWER: new new trade theory [or NNTT; prompt on new trade theory or NTT]
[10e] New new trade theory builds on new trade theory, early adopters of which included this liberal economist and former New York Times columnist.
ANSWER: Paul Krugman
[10m] New trade theory emphasizes economies of scale related to this effect, whose negative form is a congestion externality. In this effect, the value of a good or service increases as it is more widely adopted.
ANSWER: network effects [or network externalities; accept demand-side economies of scale; reject “economies of scale” or “returns to scale”]
<Editors, Social Science> | K. Playoffs 2 (Editors 2)
| Heard | PPB | E % | M % | H % |
|---|---|---|---|---|
| 24 | 13.33 | 96% | 38% | 0% |
Conversion
| Team | Opponent | Part 1 | Part 2 | Part 3 | Total | Parts |
|---|---|---|---|---|---|---|
| Bruin | Stanford B | 0 | 10 | 0 | 10 | E |
| Chicago B | Northwestern B | 0 | 10 | 0 | 10 | E |
| Columbia A | Harvard | 0 | 10 | 10 | 20 | EM |
| Columbia B | Georgia Tech B | 0 | 10 | 0 | 10 | E |
| Georgetown | Cornell | 0 | 10 | 10 | 20 | EM |
| Georgia Tech C | Cambridge | 0 | 10 | 0 | 10 | E |
| Illinois A | UCLA | 0 | 10 | 0 | 10 | E |
| Johns Hopkins | Penn State | 0 | 10 | 10 | 20 | EM |
| Maryland A | Chicago A | 0 | 10 | 0 | 10 | E |
| Minnesota | MIT | 0 | 10 | 0 | 10 | E |
| NYU B | Georgia Tech A | 0 | 10 | 0 | 10 | E |
| North Carolina | Illinois B | 0 | 10 | 0 | 10 | E |
| Ohio State | Rutgers | 0 | 10 | 0 | 10 | E |
| Pittsburgh | WashU | 0 | 10 | 0 | 10 | E |
| Purdue | Brown | 0 | 0 | 0 | 0 | |
| Texas | British Columbia | 0 | 10 | 10 | 20 | EM |
| Toronto A | Indiana | 0 | 10 | 10 | 20 | EM |
| Toronto B | Vanderbilt | 0 | 10 | 0 | 10 | E |
| UC Berkeley A | Northwestern A | 0 | 10 | 10 | 20 | EM |
| UC Berkeley B | Stanford A | 0 | 10 | 0 | 10 | E |
| UCF | Swarthmore | 0 | 10 | 0 | 10 | E |
| Virginia | Michigan | 0 | 10 | 10 | 20 | EM |
| Virginia Tech | NYU A | 0 | 10 | 10 | 20 | EM |
| Waterloo | Maryland B | 0 | 10 | 10 | 20 | EM |
Summary
| Tournament | Edition | Match | Heard | PPB | E % | M % | H % |
|---|---|---|---|---|---|---|---|
| Main Site | 2026-04-17 | ✓ | 24 | 13.33 | 96% | 38% | 0% |