Discussion Papers

From Northwestern University, Center for Mathematical Studies in Economics and Management Science
Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014.
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934: Agricultural Productivity, Comparative Advantage, and Economic Growth

Kiminori Matsuyama

933: Rationalizable Conjectural Equilibrium: Between Nash and Rationalizability

Ariel Rubinstein and Asher Wolinsky

932: Bonuses and Penalties as Equilibrium Incentive Devices, with Application to Manufacturing Systems

Debra J. Aron and Pau Olivella

931: Toward a Theory of International Currency

Kiminori Matsuyama

930: A Dynamic Equilibrium Model of Search

Michele Boldrin

929: Equilibrium in Non-Partitioning Strategies

Robert Weber

928: Proportional Representation

Roger Myerson

927: An Experimental Study of Voting Rules and Polls in Three-Way Elections

Robert Forsythe

926: Private-Beliefs Equilibrium

Ehud Kalai and Ehud Lehrer

925: Rational Learning Leads to Nash Equilibrium

Ehud Kalai and Ehud Lehrer

924: Updating Ambiguous Beliefs

Itzhak Gilboa and David Schmeidler

923: Philosophical Applications of Kolmogorov's Complexity Measure

Itzhak Gilboa

922: Global Games

Itzhak Gilboa and Ehud Lehrer

921: Pricing to Signal Product Line Quality

Kyle Bagwell

920: Price Regulation and Quality of Service

Morton I. Kamien and Daniel Vincent

919: Dividing a Cake by Majority: The Simplest Equilibria

David Baron and Ehud Kalai

918: Dynamic Externalities

Michele Boldrin

917: The Timing of Entry into New Markets

Debra J. Aron

916: (s,S) Equilibria in Stochastic Games with an Application to Product Innovations

Prajit K. Dutta and Aldo Rustichini

915: Sequential Equilibria and Cheap Talk in Infinite Signaling Games

Karl Iorio and Alejandro M. Manuelli

914: Convergence to Price-Taking Behavior in a Simple Market

Aldo Rustichini

913: The Logit as a Model of Product Differentiation: Further Results and Extensions

Simon Anderson and André de Palma

912: Evolutionary Stability in Games with Equivalent Strategies

Karl Schlag

911: Occupational Choice and the Process of Development

Abhijit Banerjee and Andrew Newman

910: Auctions for Oil and Gas Leases with an Informed Bidder and a Random Reservation Price

Kenneth Hendricks

909: Principals and Partners: The Structure of Syndicates

Daniel Vincent

908: The Aggregate Excess Demand Function and Other Aggregation Procedures

Donald G. Saari

907: Fictitious-Transfers in Cooperative Game Theory

Roger Myerson

906: Viscous Population Equilibria

Roger Myerson

905: Stochastic Dominance

Ricard Torres

904: Overhead Allocation and Incentives for Cost Minimization in Defense Procurement

William P. Rogerson

903: Advertising and Coordination

Kyle Bagwell and Garey Ramey

902: An Informationally More Efficient Endowment Game

Lu Hong and Scott E. Page

901: Optimal Service Speeds in a Competitive Environment

Ehud Kalai

900: Liquidity

Timothy Fuerst

899: A Generalized Theorem of the Maximum

Lawrence M. Ausubel and Raymond J. Deneckere

898: Optimal Export Policy for a New-Product Monopoly

Kyle Bagwell

897: The Effects of Insider Trading on Insiders' Choice Among Risky Investment Projects

Lucian Bebchuk and Chaim Fershtman

896: A Communication-Proof Equilibrium Concept

José Luis Ferreira

895: Rational Learning Leads to Nash Equilibrium

Ehud Kalai and Ehud Lehrer

894: Innovation and Product Differentiation

Prajit K. Dutta

893: Modeling Competitive Behavior

Daniel Vincent

892r: Refining Cheap-Talk Equilibria

Steven Matthews, Masahiro Okuno-Fujiwara and Andrew Postlewaite

891: Core Convergence Without Monotone Preferences or Free Disposal

Alejandro Manelli

890: A Model of Computing with Human Agents

Kenneth R. Mount and Stanley Reiter

889: The Effect of Insider Trading on Insiders' Reaction to Opportunities to 'Waste' Corporate Value

Lucian Bebchuk and Chaim Fershtman

888: Capacity, Entry and Forward Induction

Kyle Bagwell and Garey Ramey

887: A Model of Random Matching

Itzhak Gilboa and Akihiko Matsui

886: Vintage Capital, Investment and Growth

Jess Benhabib and Aldo Rustichini

885: Location Equilibria Under Alternative Solution Concepts

Simon Anderson