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]

open access: yesHeliyon, 2023
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]

open access: yesEconomic Theory, 2017
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Tarun Sabarwal   +2 more
exaly   +4 more sources

Aggregate Comparative Statics [PDF]

open access: yesSSRN Electronic Journal, 2009
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Acemoglu, Daron, Jensen, Martin Kaae
openaire   +3 more sources

Bayesian Comparative Statics [PDF]

open access: yesSSRN Electronic Journal, 2018
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

Conservation of Forest, Based on a Fuelwood Substitute as Well as Considering the Cultural and Spiritual Values: An Optimal Fuelwood Harvest Model

open access: yesVisegrad Journal on Bioeconomy and Sustainable Development, 2022
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

open access: yesGames, 2021
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
doaj   +1 more source

Chapter 3 once more

open access: yesIberian Journal of the History of Economic Thought, 2018
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
doaj   +1 more source

Nonspecific Networking

open access: yesGames, 2011
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

open access: yesJournal of Agricultural and Resource Economics, 1997
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
doaj   +1 more source

The Rhetoric of Duality

open access: yesJournal of Agricultural and Resource Economics, 1995
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

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