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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 Downloads
David Cass and Anna Pavlova
The Drawbacks of Electoral Competition Downloads
Alessandro Lizzeri and Nicola Persico
Endogenous Lobbying Downloads
Leonardo Felli and Antonio Merlo
Does Competition Solve the Hold-up Problem? Downloads
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 Downloads
Julio Dávila
Time and Uncertainty in Overlapping Generations Economies Downloads
Julio Dávila
Financial Innovation and Expectations' Downloads
Alessandro Citanna and Antonio Villanacci
An Economic Model of Representative Democracy' Downloads
Timothy Besley and Stephen Coate
The Revelation of Information and Self-Fulfilling Beliefs' Downloads
Jayasri Dutta and Stephen Morris
Justifying Rational Expectations' Downloads
Stephen Morris
Co-operation and Timing' Downloads
Stephen Morris
Statistical Discrimination, Affirmative Action, and Mismatch' Downloads
Jaewoo Ryoo
Sufficiently Specialized Economies have Nonempty Cores'
Roger Lagunoff
Necessary and Sufficient Conditions for Convergence to Nash Equilibrium: The Almost Absolute Continuity Hypothesis' Downloads
Alvaro Sandroni
Budget-constrained Search' Downloads
Richard Manning and Julian Manning
Efficient Policy Choice in a Representative Democracy: A Dynamic Analysis' Downloads
Timothy Besley and Stephen Coate
The Sequential Regularity of Competitive Equilibria and Sunspots' Downloads
Atsushi Kajii
Generic Existence of Sunspot Equilibria: The Case of real Assets' Downloads
Piero Gottardi and Atsushi Kajii
Speculative Investor Behavior and Learning' Downloads
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' Downloads
George Mailath, Larry Samuelson and Avner Shaked
A Rudimentary Model of Search with Divisible Money and Prices' Downloads
Edward Green and Ruilin Zhou
The Robustness of Equilibria to Incomplete Information*' Downloads
Atsushi Kajii and Stephen Morris
Policy Persistence ' Downloads
Stephen Coate and Stephen Morris
Underemployment of Resources and Self-Confirming Beliefs' Downloads
Alessandro Citanna, Hervé Crès and Antonio Villancci
Multiplicity of Equilibria' Downloads
Christian Ghiglino and Mich Tvede
Word-of-Mouth Communication and Community Enforcement' Downloads
Illtae Ahn and Matti Suominen
Dynamic Daily Returns Among Latin Americans and Other Major World Stock Markets' Downloads
Yochanan Shachmurove
Class Systems and the Enforcement of Social Norms' Downloads
Harold Cole, George Mailath and Andrew Postlewaite
Dynamic Liquidation, Adjustment of Capital Structure, and the Costs of Financial Distress' Downloads
Matthias Kahl
Approximate Common Knowledge Revisited' Downloads
Stephen Morris
Approximate Common Knowledge and Co-ordination: Recent Lessons from Game Theory' Downloads
Stephen Morris and Hyun Song Shin
Affirmative Action in a Competitive Economy' Downloads
Andrea Moro and Peter Norman
An Alternative Approach to Market Frictions: An Application to the Market for Taxicab Rides' Downloads
Ricardo Lagos
Asynchronous Choice in Repeated Coordination Games'
Roger Lagunoff and Akihiko Matsu
Contagion' Downloads
Stephen Morrs
Interaction Games: A Unified Analysis of Incomplete Information, Local Interaction and Random Matching' Downloads
Stephen Morris
The Premium in Black Dollar Markets' Downloads
Yochanan Shachmurove
Using Vector Autoregression Models to Analyze the Behavior of the European Community Stock Markets' Downloads
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' Downloads
Yochanan Shachmurove
The Burglar as a Rational Economic Agent' Downloads
Yochanan Shachmurove, Gideon Fishman and Simon Hakim
Portfolio Analysis of Latin American Stock Markets' Downloads
Yochanan Shachmurove
Cooperation, Corporate Culture and Incentive Intensity' Downloads
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' Downloads
Neil Gandal, Michael Kende and Rafael Rob
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