Results 121 to 130 of about 708 (178)

A social engineering model for poverty alleviation. [PDF]

open access: yesNat Commun, 2020
Chattopadhyay AK, Kumar TK, Rice I.
europepmc   +1 more source

Efficient Nash Equilibrium under Adverse Selection [PDF]

open access: yes
This paper revisits the problem of adverse selection in the insurance market of Rothschild and Stiglitz (1976). We propose a simple extension of the game-theoretic structure in Hellwig (1987) under which Nash-type strategic interaction between the ...
Theodoros M. Diasakos   +1 more
core  

On the uniqueness of local equilibria [PDF]

open access: yes
The purpose of this paper is to define a new notion of local equilibrium in an exchange economy, where the consumers face lower bounds on net trades. Then, we show that the local equilibrium is unique if the lower bounds are closed enough to 0.
Jean-Marc Bonnisseau   +1 more
core  

Home - About - Disclaimer - Privacy