Details about Lawrence Blume

Access statistics for papers by Lawrence Blume.

Last updated 2024-07-05. Update your information in the RePEc Author Service.

Short-id: pbl4

Working Papers

2024

1. Immobility As Memory: Some New Approaches to Characterizing Intergenerational Persistence via Markov Chains
   NBER Working Papers, National Bureau of Economic Research, Inc

2021

2. Constructive Decision Theory
   Papers, arXiv.org View citations (1)
   Also in Economics Series, Institute for Advanced Studies (2009) View citations (7)
   See also Journal Article Constructive decision theory, Journal of Economic Theory, Elsevier (2021) (2021)

2020

3. Poverty traps in Markov models of theevolution of wealth
   Discussion Papers, Research Unit: Economics of Change, WZB Berlin Social Science Center

2019

4. Perfect Quasi-Perfect Equilibrium
   IHS Working Paper Series, Institute for Advanced Studies View citations (1)

2015

5. A Case for Incomplete Markets
   Economics Series, Institute for Advanced Studies View citations (13)
   Also in 2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (10)
   See also Journal Article A case for incomplete markets, Journal of Economic Theory, Elsevier (2018) View citations (12) (2018)

2013

6. Linear Social Interactions Models
   Economics Series, Institute for Advanced Studies View citations (9)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (10)
   See also Journal Article Linear Social Interactions Models, Journal of Political Economy, University of Chicago Press (2015) View citations (146) (2015)

2010

7. Identification of Social Interactions
   Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University View citations (110)
   Also in Economics Series, Institute for Advanced Studies (2010) View citations (108)
8. The Statistical Mechanics of Strategic Interaction
   Levine's Working Paper Archive, David K. Levine View citations (17)
   See also Journal Article The Statistical Mechanics of Strategic Interaction, Games and Economic Behavior, Elsevier (1993) View citations (436) (1993)

2005

9. Identifying social interactions: a review
   Working papers, Wisconsin Madison - Social Systems View citations (39)

2003

10. Stigma and Social Control
    Game Theory and Information, University Library of Munich, Germany View citations (4)
    Also in Economics Series, Institute for Advanced Studies (2002) View citations (15)

2002

11. Equilibrium concepts for social interaction models
    Working papers, Wisconsin Madison - Social Systems View citations (12)
    See also Journal Article Equilibrium Concepts for Social Interaction Models, International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd. (2003) View citations (53) (2003)

2001

12. If You're So Smart, Why Aren't You Rich? Belief Selection in Complete and Incomplete Markets
    Working Papers, Santa Fe Institute View citations (13)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (2001) View citations (30)
    See also Journal Article If You're so Smart, why Aren't You Rich? Belief Selection in Complete and Incomplete Markets, Econometrica, Econometric Society (2006) View citations (196) (2006)

2000

13. The interactions-based approach to socioeconomic behavior
    Working papers, Wisconsin Madison - Social Systems View citations (22)

1998

14. Optimality and Natural Selection in Markets
    Working Papers, Santa Fe Institute
    Also in GE, Growth, Math methods, University Library of Munich, Germany (1998) View citations (1)
    See also Journal Article Optimality and Natural Selection in Markets, Journal of Economic Theory, Elsevier (2002) View citations (29) (2002)

1996

15. Population Games
    Game Theory and Information, University Library of Munich, Germany View citations (4)
    Also in Working Papers, Santa Fe Institute (1996) View citations (28)

1995

16. Evolutionary Equilibrium with Forward-Looking Players
    Game Theory and Information, University Library of Munich, Germany View citations (4)

1994

17. How Noise Matters
    Game Theory and Information, University Library of Munich, Germany View citations (12)
    See also Journal Article How noise matters, Games and Economic Behavior, Elsevier (2003) View citations (70) (2003)
18. The Statistical Mechanics of Best-Response Strategy Revision
    Game Theory and Information, University Library of Munich, Germany View citations (12)
    See also Journal Article The Statistical Mechanics of Best-Response Strategy Revision, Games and Economic Behavior, Elsevier (1995) View citations (112) (1995)

1993

19. Rational Expectations and Rational Learning
    Game Theory and Information, University Library of Munich, Germany View citations (18)
20. The Algebraic Geometry of Perfect and Sequential Equilibrium
    Game Theory and Information, University Library of Munich, Germany View citations (1)
    See also Journal Article The Algebraic Geometry of Perfect and Sequential Equilibrium, Econometrica, Econometric Society (1994) View citations (63) (1994)

Journal Articles

2021

1. Constructive decision theory
   Journal of Economic Theory, 2021, 196, (C)
   See also Working Paper Constructive Decision Theory, Papers (2021) View citations (1) (2021)

2018

2. A case for incomplete markets
   Journal of Economic Theory, 2018, 178, (C), 191-221 View citations (12)
   See also Working Paper A Case for Incomplete Markets, Economics Series (2015) View citations (13) (2015)

2015

3. Capital in the Twenty-First Century: A Review Essay
   Journal of Political Economy, 2015, 123, (4), 749 - 777 View citations (20)
4. Harrod 1939
   Economic Journal, 2015, (583), 350-377
5. Introduction to computer science and economic theory
   Journal of Economic Theory, 2015, 156, (C), 1-13 View citations (6)
6. Linear Social Interactions Models
   Journal of Political Economy, 2015, 123, (2), 444 - 496 View citations (146)
   See also Working Paper Linear Social Interactions Models, Economics Series (2013) View citations (9) (2013)

2010

7. Heterogeneity, Selection, and Wealth Dynamics
   Annual Review of Economics, 2010, 2, (1), 425-450 View citations (12)
8. Review 1
   Economic Journal, 2010, 120, (542), F157-F161

2009

9. The market organism: Long-run survival in markets with heterogeneous traders
   Journal of Economic Dynamics and Control, 2009, 33, (5), 1023-1035 View citations (23)
10. Trading networks with price-setting agents
    Games and Economic Behavior, 2009, 67, (1), 36-50 View citations (50)

2006

11. If You're so Smart, why Aren't You Rich? Belief Selection in Complete and Incomplete Markets
    Econometrica, 2006, 74, (4), 929-966 View citations (196)
    See also Working Paper If You're So Smart, Why Aren't You Rich? Belief Selection in Complete and Incomplete Markets, Working Papers (2001) View citations (13) (2001)
12. Information, trade and incomplete markets
    Economic Theory, 2006, 29, (2), 379-394 View citations (10)
13. The Dynamics of Statistical Discrimination
    Economic Journal, 2006, 116, (515), F480-F498 View citations (10)

2005

14. Learning and Statistical Discrimination
    American Economic Review, 2005, 95, (2), 118-121 View citations (4)

2003

15. Equilibrium Concepts for Social Interaction Models
    International Game Theory Review (IGTR), 2003, 05, (03), 193-209 View citations (53)
    See also Working Paper Equilibrium concepts for social interaction models, Working papers (2002) View citations (12) (2002)
16. How noise matters
    Games and Economic Behavior, 2003, 44, (2), 251-271 View citations (70)
    See also Working Paper How Noise Matters, Game Theory and Information (1994) View citations (12) (1994)

2002

17. Optimality and Natural Selection in Markets
    Journal of Economic Theory, 2002, 107, (1), 95-135 View citations (29)
    See also Working Paper Optimality and Natural Selection in Markets, Working Papers (1998) (1998)

1995

18. The Statistical Mechanics of Best-Response Strategy Revision
    Games and Economic Behavior, 1995, 11, (2), 111-145 View citations (112)
    See also Working Paper The Statistical Mechanics of Best-Response Strategy Revision, Game Theory and Information (1994) View citations (12) (1994)

1994

19. Market Statistics and Technical Analysis: The Role of Volume
    Journal of Finance, 1994, 49, (1), 153-81 View citations (396)
20. The Algebraic Geometry of Perfect and Sequential Equilibrium
    Econometrica, 1994, 62, (4), 783-94 View citations (63)
    See also Working Paper The Algebraic Geometry of Perfect and Sequential Equilibrium, Game Theory and Information (1993) View citations (1) (1993)

1993

21. Economic natural selection
    Economics Letters, 1993, 42, (2-3), 281-289 View citations (14)
22. The Statistical Mechanics of Strategic Interaction
    Games and Economic Behavior, 1993, 5, (3), 387-424 View citations (436)
    See also Working Paper The Statistical Mechanics of Strategic Interaction, Levine's Working Paper Archive (2010) View citations (17) (2010)

1992

23. Evolution and market behavior
    Journal of Economic Theory, 1992, 58, (1), 9-40 View citations (243)
24. Uniqueness of Nash equilibrium in private provision of public goods: An improved proof
    Journal of Public Economics, 1992, 49, (3), 391-392 View citations (45)

1991

25. Lexicographic Probabilities and Choice under Uncertainty
    Econometrica, 1991, 59, (1), 61-79 View citations (133)
    See also Chapter Lexicographic Probabilities and Choice Under Uncertainty, World Scientific Book Chapters, 2014, 137-160 (2014) (2014)
26. Lexicographic Probabilities and Equilibrium Refinements
    Econometrica, 1991, 59, (1), 81-98 View citations (75)

1990

27. Implementation of Walrasian expectations equilibria
    Journal of Economic Theory, 1990, 51, (1), 207-227 View citations (21)

1986

28. On the private provision of public goods
    Journal of Public Economics, 1986, 29, (1), 25-49 View citations (1266)

1984

29. Rational expectations equilibrium: An alternative approach
    Journal of Economic Theory, 1984, 34, (1), 116-129 View citations (24)
30. The Taking of Land: When Should Compensation Be Paid?
    The Quarterly Journal of Economics, 1984, 99, (1), 71-92 View citations (111)

1982

31. Characterization of optimal plans for stochastic dynamic programs
    Journal of Economic Theory, 1982, 28, (2), 221-234 View citations (30)
32. Introduction to the stability of rational expectations equilibrium
    Journal of Economic Theory, 1982, 26, (2), 313-317 View citations (41)
33. Learning to be rational
    Journal of Economic Theory, 1982, 26, (2), 340-351 View citations (60)
34. New techniques for the study of stochastic equilibrium processes
    Journal of Mathematical Economics, 1982, 9, (1-2), 61-70 View citations (21)

1979

35. The Ergodic Behavior of Stochastic Processes of Economic Equilibria
    Econometrica, 1979, 47, (6), 1421-32 View citations (4)

Books

2005

1. The Economy As an Evolving Complex System III: Current Perspectives and Future Directions
   OUP Catalogue, Oxford University Press View citations (18)

Chapters

2014

1. Lexicographic Probabilities and Choice Under Uncertainty
   Chapter 6 in The Language of Game Theory Putting Epistemics into the Mathematics of Games, 2014, pp 137-160
   See also Journal Article Lexicographic Probabilities and Choice under Uncertainty, Econometric Society (1991) View citations (133) (1991)

Editor

1. The New Palgrave Dictionary of Economics
   Palgrave Macmillan