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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784: Stationary Sequential Equilibria in Bargaining With Two-Sided Incomplete Information

Lawrence M. Ausubel and Raymond J. Deneckere

783: Bounded Rationality and Strategic Complexity in Repeated Games

Ehud Kalai

782: A Theory of Voting Equilibria

Roger Myerson and Robert Weber

781: Similarity of Correlated Equilibria

Kevin Cotter

780: Public Utility Pricing and Capacity Choice Under Risk: A Rational Expectations Approach

Stephen Coate and John C. Panzer

779: On Existence of a Nash Equilibrium Point in N-Person Nunzero Sum Stochastic Jump Differential Games

Birger Wernerfelt

778: Market Frictions and Posted Prices

Birger Wernerfelt

777: Nash and Correlated Equilibria: Some Complexity Considerations

Itzhak Gilboa and Eitan Zemel

776: Resale-Proof Trades of Information

Mikio Nakayama

775: Bargaining with Common Values

Daniel Vincent

774: Partially-Revealing Rational Expectations Equilibrium In A Competitive Economy

Lawrence M. Ausubel

773: Price Leadership

Raymond Deneckere and Dan Kovenock

772: Dynamic Monopoly Power When Search is Costly

Kyle Bagwell and Michael Peters

771: Quality vs. Quantity in Military Procurement: An Organizational Theory of Decision Bias

William P. Rogerson

770: Dynamic Auctions

Daniel Vincent

769: Managerial Incentives in An Entrepreneurial Stock Market Model

R. E. Kihlstrom and Steven Matthews

768: Testing Between Competing Models of Business Cycles: The Efficient Long-Term Contract Hypothesis Versus the Intertemporal Substitution Hypothesis

Hiroshi Osano and T. Inoue

767: Sustainable Matching Plans with Adverse Selection

Roger Myerson

766: Efficient Investment and Trade with Asymmetric Information

William P. Rogerson

765: A Strategic Form for a Convex Game

M. Nakayama

764: Uniqueness of Nash Equilibrium Points in Bimatrix Games

Luis Quintas

763: Equilibrium of Repeated Games With Cost of Implementation

Alejandro Neme and Luis Quintas

762: A Note on Polymatrix Games

Luis Quintas

761: Informational Externalities and the Scope of Efficient Dominant Strategy Mechanisms

Steven R. Williams and Roy Radner

760: Efficiency in Partnership When The Joint Output is Uncertain

Steven R. Williams and Roy Radner

759: Profit Regulation of Defense Contractors and Prizes for Innovation: Theory and Evidence

William P. Rogerson

758: The Role of Export Subsidies When Product Quality is Unknown

Kyle Bagwell and Robert Staiger

757: A Cooperative Game of Information Trading: The Core and the Nucleolus

S. Muto and M. Nakayama

756: Optimal Orderings for Parallel Search

Tara Vishwanath

755: Nonlinear Dynamics Applied to Numerical Analysis and Economics

Donald G. Saari

754: The Limits of Monopolization Through Acquisition

Morton I. Kamien and Israel Zang

753: The Coordination Problem and Equilibrium Theories of Recessions

Larry Jones and Rodolfo Manuelli

752: The Logit as a Theoretical Model of Product Differentiation: Market Equilibrium and Social Optimum

Simon Anderson and André de Palma

751: The Polytope of Degree Sequences

Uri N. Peled and Murali L Srinivasan

750: Competition, Relativism, and Market Choice

Debra J. Aron and Edward P. Lazear

749: Ignoring Ignorance and Agreeing to Disagree

Dov Samet

748: Is Approval Voting an 'Unmitigated Evil?' A Response to Brams

Donald G. Saari and Jill Van Newenhizen

747: Symmetry and Extensions of Arrow's Theorem

Donald G. Saari

746: Turnpike Properties in a Finite Horizon Differential Game: Dynamic Duopoly with Sticky Prices

Chaim Fershtman and Morton I. Kamien

745: A Dictionary for Voting Paradoxes

Donald G. Saari

744r: Pre-Play Communication in Two-Person Sealed-Bid Double Auctions

Steven Matthews and Andrew Postlewaite

743: Market Frictions and Hierarchical Trading Institutions

Birger Wernerfelt

742: Infinite Horizon Games With Perfect Equilibrium Points

Subir K Chakrabarti

741: The Rate of Convergence to Efficiency In The Buyer's BidDouble Auction As The Market Becomes Large

Mark A. Satterthwaite and Steven R. Williams

740: The Core of Resale-Proof Information Trades

Mikio Nakayama and Luis Quintas

739: On the Perniciousness of Direct Elections in Organizations Democratically Ruled by Imperfectly Informed Members: A single-agent multiple-principal agency problem

Virgilio Rodriguez

738: Perfect Equilibria in a Trade Liberalization Game

Kiminori Matsuyama

737: Immiserizing Growth in Diamond's Overlapping Generations Model: AGeometrical Exposition

Kiminori Matsuyama

736: On the Approximation of Upper Semi-Continuous Correspondences and the Equilibriums of Generalized Games

C. Ionescu Tulcea

735: Susceptibility to Manipulation

Donald G. Saari