Results 1 to 10 of about 1,622 (164)
Existence of linear equilibria in the Kyle model with partial correlation and two risk neutral traders [PDF]
We study a generalization of the static model of [11] with two risk neutral insiders to the case where each insider is partially informed about the value of the stock.
Wassim Daher, Elias G. Saleeby
doaj +2 more sources
Directional monotone comparative statics [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Tarun Sabarwal +2 more
exaly +4 more sources
Aggregate Comparative Statics [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Acemoglu, Daron, Jensen, Martin Kaae
openaire +3 more sources
Bayesian Comparative Statics [PDF]
We study how changes to the informativeness of signals in Bayesian games and single‐agent decision problems affect the distribution of equilibrium actions. Focusing on supermodular environments, we provide conditions under which a more precise private signal for one agent leads to an increasing‐mean spread or a decreasing‐mean spread of equilibrium ...
Mekonnen, Teddy, Leal Vizcaíno, René
openaire +4 more sources
Excessive fuelwood harvest is a major cause of deforestation in developing countries. To mitigate this, various preventive measures have been introduced in different countries.
Banerjee Polash
doaj +1 more source
Constrained versus Unconstrained Rational Inattention
The rational inattention literature is split between two versions of the model: in one, mutual information of states and signals are bounded by a hard constraint, while, in the other, it appears as an additive term in the decision maker’s utility ...
Yaron Azrieli
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We revisit the famous chapter in Keynes’ General Theory (GT) with the tools of modern microeconomics to 1. derive expressions for the elasticity of the supply curve, 2. define effective demand, 3. draw out Keynes’ comparative statics.
Romar Correa
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A new model of strategic networking is developed and analyzed, where an agent’s investment in links is nonspecific. The model comprises a large class of games which are both potential and super- or submodular games.
Philippe Solal +2 more
doaj +1 more source
The Impact of Technological Change on a Competitive Industry
This study analytically evaluates the impact of technological change on output and input markets in a competitive industry of identical firms. Firm-level technology and technological change are represented parametrically as local approximations to ...
Richard K. Perrin
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Agricultural economists' view of duality has often assumed the characteristics of an ambivalent relation. During the eighties, several authors published papers which put in doubt this or that aspects of duality.
Quirino Paris, Michael R. Caputo
doaj +1 more source

