Results 61 to 70 of about 10,277 (175)
Real economy causes of the Great Deprivation of early 21st Century [PDF]
The American economy has undergone a dramatic structural change in the first decade of the 21st Century. The real-economy causes of this transformation, and their expression via the real estate market and its financial derivatives’ market, and their ...
Naqvi, Nadeem
core +1 more source
Contingent Contracts in Banking: Insurance or Risk Magnification?
Journal of Money, Credit and Banking, Volume 57, Issue 1, Page 267-303, February 2025.Abstract What happens when banks compete with deposit and loan contracts contingent on macro‐economic shocks? The private sector insures the banking system efficiently against crises through such contracts when failing banks go bankrupt. When risks are large, banks may shift part of the risk to depositors who receive state‐contingent contracts.
HANS GERSBACH
wiley +1 more source
Convergence in the Finite Cournot Oligopoly with Social and Individual Learning [PDF]
Convergence to the Nash equilibrium in a Cournot oligopoly is a question that recurrently arises as a subject of controversy in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with ...
Murat Yildizoglu, Thomas Vallée
core
Testing the Hayek hypothesis: Recent theoretical and experimental evidence. [PDF]
PLoS One, 2022 Al-Ubaydli O, Boettke P, Albrecht BC.
europepmc +1 more source
Speculation in Financial Markets: A Survey [PDF]
This survey covers the microeconomic theory of speculation in financial markets, since the development of the economics of uncertainty. It starts with a description of Walrasian exchange economies, both in general equilibrium –the Arrow-Debreu model and ...
Felipe Zurita
core
Convergence in Finite Cournot Oligopoly with Social and Individual Learning [PDF]
Convergence to Nash equilibrium in Cournot oligopoly is a problem that recurrently arises as a subject of study in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with adjustment dynamics
Murat YILDIZOGLU (GREThA) +1 more
core
Ascending auctions and Walrasian equilibrium [PDF]
, 2013 We present a family of submodular valuation classes that generalizes gross substitute. We show that Walrasian equilibrium always exist for one class in this family, and there is a natural ascending auction which finds it.
Ben-Zwi, Oren, Lavi, Ron, Newman, Ilan
core
Market constellations and macroeconomic policy-making: institutional impacts on economic performance [PDF]
Post Keynesian theory as opposed to Walrasian theory does not provide the foundations for a unique general equilibrium but claims the existence of multiple equilibrium positions.
Heise, Arne
core
Transaction Entropy: An Alternative Metric of Market Performance. [PDF]
Entropy (Basel), 2023 Zhong H, Liang X, Wang Y.
europepmc +1 more source
Mediation, Walrasian Tatonement, and Negotiations as an Exchange Economy [PDF]
Alternative dispute resolution (ADR) procedures, such as mediation and arbitration, are becoming increasingly used to help resolve disputes in a variety of arenas. Among ADR procedures, mediation is the most utilized yet least analyzed procedure.
David Dickinson
core