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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884: A Temporal and Spatial Equilibrium Analysis of Commuter Parking

Richard Arnott

883: Human Capital, Product Quality, and Growth

Nancy Stokey

882: Implementing A Public Project and Distributing Its Costs

Matthew Jackson and Herve Moulin

881: Advertising Signals of Product Quality

Steven Matthews and Doron Fertig

880: Trading Games With Asymmetric Information

Francoise Forges

879: Observable Contracts: Strategic Delegation and Cooperation

Chaim Fershtman, Kenneth Judd and Ehud Kalai

878: Increasing Returns, Industrialization and Indeterminacy of Equilibrium

Kiminori Matsuyama

877: Risk-Bearing and the Theory of Income Distribution

Abhijit Banerjee and Andrew Newman

876: Managerial Incentives in an Entrepreneurial Stock Market Model

Richard E. Kihlstrom and Steven Matthews

875: The Mathematical Appendix to Residential Investment and the Current Account

Kiminori Matsuyama

874: Learning from Mistakes: A Note on Just-in-Time Systems

Carlos Ocana and Eitan Zemel

873: Contractual Solutions to the Hold-Up Problem

William P. Rogerson

872: Risky R&D in Oligopolistic Product Markets

Kyle Bagwell and Robert Staiger

871: Violence in Incentives: Pain in a Principal-Agent Model

Michael Suk-Young Chwe

870: Aggregation of Semiorders: Intransitive Indifference Makes a Difference

Itzhak Gilboa and Robert Lapson

869: The Sensitivity of Strategic and Corrective R&D Policy in Oligopolistic Industries

Kyle Bagwell and Robert Staiger

868: The Sensitivity of Strategic and Corrective R&D Policy in Battles for Monopoly

Kyle Bagwell and Robert Staiger

867: Delayed Agreements and Non-Expected Utility

Chaim Fershtman, Zvi Safra and Daniel Vincent

866: Cross Licensing of Complementary Technologies

Chaim Fershtman and Morton I. Kamien

865: Decentralized Dynamic Processes for Finding Equilibrium

Stanley Reiter and Carl P. Simon

864: Does Providing Information to Drivers Reduce Traffic Congestion?

Richard Arnott

863: A Lower Bound for the Dimension of the Message Space of the Decentralized Mechanisms Realizing a Given Goal

Pengyuan Chen

862: Communication Equilibria with Large State Spaces

Kevin D. Cotter

861: Capacity-Constrained Price Competition When Unit Costs Differ

Raymond J. Deneckere and Dan Kovenock

860: Equilibrium Wage Differentials and Employer Size

Kenneth Burdett and Dale Mortensen

859: Monotonic Preferences and Core Equivalence

Alejandro Manelli

858: The Strength of a Little Perfection

Ehud Kalai and Alejandro Neme

857: Cournot-Nash Equilibrium Distributions for Games with Differential Information

Aldo Rustichini and M. Khan

856: Bargaining and the Right to Remain Silent

Lawrence M. Ausubel and Raymond J. Deneckere

855: Quasi-Values on Subspaces

Itzhak Gilboa and Dov Monderer

854: A Game-Theoretic Approach to the Binary Stochastic Choice Problem

Itzhak Gilboa and Dov Monderer

853: The Complexity of Eliminating Dominated Strategies

Itzhak Gilboa, Ehud Kalai and Eitan Zemel

852: Optimal Depreciation Schedules for Regulated Utilities

William P. Rogerson

851: Incentives, the Budgetary Process, and Inefficiently Low Production Rates in Defense Procurement

William P. Rogerson

850: Renegotiation-Proof Implementation and Time Preferences

Ariel Rubinstein and Asher Wolinsky

849: The Volume and Composition of Trade Between Rich and Poor Countries

Nancy Stokey

848: Cheap Talk and Cooperation in the Society

Akihiko Matsui

847: A Note on the Consistency of Game Theory

Itzhak Gilboa

846: Infinite Histories and Steady Orbits in Repeated Games

Itzhak Gilboa and David Schmeidler

845: Strikes and Deadline Effects in Bargaining with Endogenous Commitment

Chaim Fershtman and Daniel J. Seidman

844: Noisy Search and the Diamond Paradox

Chaim Fershtman and Arthur Fishman

843: Search and Price Dispersion in an Inflationary Economy

Chaim Fershtman and Arthur Fishman

842: Consistency of Decision Processes

Donald Saari

841: Players' Observation, Deductive Knowledge and Information Partitions

Ko Nishihara

840: Correlated Equilibria with Payoff Uncertainty

Kevin D. Cotter

839: Information Structures and the Delegation of Monitoring

Pau Olivella

838: Bidding Off the Wall: Why Reserve Prices are Kept Secret

Daniel Vincent

837: Discounting Versus Undiscounting in Dynamic Programming

Ehud Lehrer and Dov Monderer

836: Numerical Representations of Imperfectly Ordered Preferences (A Unified Geometric Exposition

Avraham Beja and Itzhak Gilboa

835: The Value of Information -- An Axiomatic Approach

Itzhak Gilboa and Ehud Lehrer