Results 31 to 40 of about 88 (87)
Existence of a non‐stationary equilibrium in search‐and‐matching models: TU and NTU
Theoretical Economics, Volume 20, Issue 4, Page 1411-1460, November 2025.This paper proves the existence of a non‐stationary equilibrium in the canonical search‐and‐matching model with heterogeneous agents. Non‐stationarity entails that the number and characteristics of unmatched agents evolve endogenously over time.
Christopher Sandmann, Nicolas Bonneton
wiley +1 more source
Commonality of information and commonality of beliefs
Theoretical Economics, Volume 20, Issue 4, Page 1155-1180, November 2025.A group of agents with a common prior receive informative signals about an unknown state repeatedly over time. If these signals were public, agents' beliefs would be identical and commonly known. This suggests that if signals were private, then the more correlated they are, the greater is the commonality of beliefs.
Yu Awaya, Vijay Krishna
wiley +1 more source
Collective procrastination and protest cycles
American Journal of Political Science, Volume 69, Issue 4, Page 1406-1419, October 2025.Abstract This paper studies a model of “pivotal protesting,” in which citizens act in order to change the outcome rather than to collect private benefits. We show that, when citizens face repeated opportunities to protest against a regime, pivotal protesting entails complex dynamic considerations: The continuation value of the status quo influences the
Germán Gieczewski, Korhan Kocak
wiley +1 more source
Leadership in Scholarship: Editors' Appointments and Scientific Narrative
Scottish Journal of Political Economy, Volume 72, Issue 3, July 2025.ABSTRACT Academic journals disseminate new knowledge and therefore can influence the direction and composition of ongoing research by choosing what to publish. We study the change in the topic structure of papers published in the American Economic Review (AER) after the appointments of editors and coeditors of the AER between 1985 and 2011 using a ...
Ali Sina Önder +2 more
wiley +1 more source
Sensitivity versus size: Implications for tax competition
Theoretical Economics, Volume 20, Issue 3, Page 1007-1041, July 2025.The conventional wisdom is that a large jurisdiction sets a higher tax rate than a small jurisdiction. We show that this result arises due to simplifying assumptions that imply that tax‐base sensitivities are equal across jurisdictions. When more than two jurisdictions compete in commodity taxes, tax‐base sensitivities need not be equal across ...
David R. Agrawal +2 more
wiley +1 more source
Weight‐ranked divide‐and‐conquer contracts
Theoretical Economics, Volume 20, Issue 3, Page 857-882, July 2025.This paper studies a large class of multi‐agent contracting models with the property that agents' payoffs constitute a weighted potential game. Multiple equilibria arise due to agents' strategic interactions. I fully characterize a contracting scheme that is optimal for the principal for all equilibrium selection criteria that are more pessimistic than
Lester T. Chan
wiley +1 more source
Unified gross substitutes and inverse isotonicity for equilibrium problems
Theoretical Economics, Volume 20, Issue 3, Page 941-971, July 2025.We introduce a notion of substitutability for correspondences and establish a monotone comparative static result. More precisely, we introduce the notions of unified gross substitutes and nonreversingness and show that if Q:P⇉Q is a supply correspondence defined on a set of prices P, which is a sublattice of RN, and Q satisfies these two properties ...
Alfred Galichon +2 more
wiley +1 more source
Anticomonotonicity for preference axioms: The natural counterpart to comonotonicity
Theoretical Economics, Volume 20, Issue 3, Page 831-855, July 2025.Comonotonicity (same variation) of random variables minimizes hedging possibilities and has been widely used, e.g., in Gilboa and Schmeidler's ambiguity models. This paper investigates anticomonotonicity (opposite variation (AC)), the natural counterpart to comonotonicity. It minimizes leveraging rather than hedging possibilities.
Giulio Principi +2 more
wiley +1 more source
Adversarial coordination and public information design
Theoretical Economics, Volume 20, Issue 2, Page 763-813, May 2025.We study flexible public information design in global games. In addition to receiving public information from the designer, agents are endowed with exogenous private information and must decide between two actions (invest and not invest), the profitability of which depends on unknown fundamentals and the agents' aggregate action.
Nicolas Inostroza, Alessandro Pavan
wiley +1 more source
Information Systems Journal, Volume 35, Issue 1, Page 368-413, January 2025.Abstract Digital transformation is a complex, multi‐level phenomenon that still challenges research and practice. Recent research has highlighted the influence of digital ecosystems on digital transformation, but we lack knowledge about how this relationship unfolds across the organisational and the ecosystem levels.
Anna Maria Oberländer +4 more
wiley +1 more source