CARESS Working Papres
From University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences
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- On Trees and Logs

- David Cass and Anna Pavlova
- The Drawbacks of Electoral Competition

- Alessandro Lizzeri and Nicola Persico
- Endogenous Lobbying

- Leonardo Felli and Antonio Merlo
- Does Competition Solve the Hold-up Problem?

- Leonardo Felli and Kevin Roberts
- Efficient Non-Contractible Investments in Large Economies
- Harold Cole, George Mailath and Andrew Postlewaite
- Investment and Concern for Relative Position
- Harold Cole, George Mailath and Andrew Postlewaite
- Market Selection and Asymmetrick Information
- George Mailath and Alvaro Sandroni
- Reducing Overlapping Generations Economies to Finite Economies

- Julio Dávila
- Time and Uncertainty in Overlapping Generations Economies

- Julio Dávila
- Financial Innovation and Expectations'

- Alessandro Citanna and Antonio Villanacci
- An Economic Model of Representative Democracy'

- Timothy Besley and Stephen Coate
- The Revelation of Information and Self-Fulfilling Beliefs'

- Jayasri Dutta and Stephen Morris
- Justifying Rational Expectations'

- Stephen Morris
- Co-operation and Timing'

- Stephen Morris
- Statistical Discrimination, Affirmative Action, and Mismatch'

- Jaewoo Ryoo
- Sufficiently Specialized Economies have Nonempty Cores'
- Roger Lagunoff
- Necessary and Sufficient Conditions for Convergence to Nash Equilibrium: The Almost Absolute Continuity Hypothesis'

- Alvaro Sandroni
- Budget-constrained Search'

- Richard Manning and Julian Manning
- Efficient Policy Choice in a Representative Democracy: A Dynamic Analysis'

- Timothy Besley and Stephen Coate
- The Sequential Regularity of Competitive Equilibria and Sunspots'

- Atsushi Kajii
- Generic Existence of Sunspot Equilibria: The Case of real Assets'

- Piero Gottardi and Atsushi Kajii
- Speculative Investor Behavior and Learning'

- Stephen Morris
- Incorporating Concern for Relative Wealth into Economic Models'
- Harold Cole, George Mailath and Andrew Postlewaite
- An 'Anti-Folk Theorem' for a Class of Asynchronously Repeated Games'
- Roger Lagunoff and Akihiko Matsui
- Correlated Equilibria and Local Interactions'

- George Mailath, Larry Samuelson and Avner Shaked
- A Rudimentary Model of Search with Divisible Money and Prices'

- Edward Green and Ruilin Zhou
- The Robustness of Equilibria to Incomplete Information*'

- Atsushi Kajii and Stephen Morris
- Policy Persistence '

- Stephen Coate and Stephen Morris
- Underemployment of Resources and Self-Confirming Beliefs'

- Alessandro Citanna, Hervé Crès and Antonio Villancci
- Multiplicity of Equilibria'

- Christian Ghiglino and Mich Tvede
- Word-of-Mouth Communication and Community Enforcement'

- Illtae Ahn and Matti Suominen
- Dynamic Daily Returns Among Latin Americans and Other Major World Stock Markets'

- Yochanan Shachmurove
- Class Systems and the Enforcement of Social Norms'

- Harold Cole, George Mailath and Andrew Postlewaite
- Dynamic Liquidation, Adjustment of Capital Structure, and the Costs of Financial Distress'

- Matthias Kahl
- Approximate Common Knowledge Revisited'

- Stephen Morris
- Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory'

- Stephen Morris and Hyun Song Shin
- Affirmative Action in a Competitive Economy'

- Andrea Moro and Peter Norman
- An Alternative Approach to Market Frictions: An Application to the Market for Taxicab Rides'

- Ricardo Lagos
- Asynchronous Choice in Repeated Coordination Games'
- Roger Lagunoff and Akihiko Matsu
- Contagion'

- Stephen Morrs
- Interaction Games: A Unified Analysis of Incomplete Information, Local Interaction and Random Matching'

- Stephen Morris
- The Premium in Black Dollar Markets'

- Yochanan Shachmurove
- Using Vector Autoregression Models to Analyze the Behavior of the European Community Stock Markets'

- Joseph Friedman and Yochanan Shachmurove
- Democratic Choice of an Education System: Implications for Growth and Income Distribution
- Mark Gradstein and Moshe Justman
- Formulating Optimal Portfolios in South American Stock Markets'

- Yochanan Shachmurove
- The Burglar as a Rational Economic Agent'

- Yochanan Shachmurove, Gideon Fishman and Simon Hakim
- Portfolio Analysis of Latin American Stock Markets'

- Yochanan Shachmurove
- Cooperation, Corporate Culture and Incentive Intensity'

- Rafael Rob and Peter Zemsky
- On Money as a Medium of Exchange When Goods Vary by Supply and Demand
- Xavier Cuadras-Morató and Randall Wright
- The Dynamics of Technological Adoption in Hardware/Software Systems: The Case of Compact Disc Players'

- Neil Gandal, Michael Kende and Rafael Rob