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Beyond the Mean: Testing Consumer Rationality through Higher Moments of Demand

open access: yes
We study a setting where an analyst has access to purely aggregate information about the consumption choices of a heterogenous population of individuals. We show that observing the statistical moments of market demand allows the analyst to test aggregate
Maes, Sebastiaan, Malhotra, Raghav
core  

Existence and structure of Nash equilibria for supermodular games

open access: yes
Two theorems announced by Topkis about the topological description of sublattices are proved. They are applied to extend some classical results concerning the existence and the order structure of Nash equilibria of certain supermodular games, with some ...
Yu, Lu
core  

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