CRETA Online Discussion Paper Series

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67: Behavioural utilitarianism and distributive justice

Giorgos Galanis and Roberto Veneziani

66: Roberts' Weak Welfarism Theorem: A Minor Correction

Peter Hammond

65: Monte Carlo Sampling Processes and Incentive Compatible Allocations in Large Economies

Peter Hammond, Lei Qiao and Yeneng Sun

64: Network Comparative Statics

Andrew Harkins

63: Cooperation in a State of Anarchy

Abhinay Muthoo

62: Surplus Bounds in Cournot Monopoly and Competition

Daniele Condorelli and Balazs Szentes

61: Convergence and divergence in dynamic voting with inequality

Corrado Di Guilmi and Giorgos Galanis

60: Identification of preferences, demand and equilibrium with finite data

Felix Kubler, Raghav Malhotra and Herakles Polemarchakis

59: Liberal parentalism

Aviad Heifetz, Enrico Minelli and Herakles Polemarchakis

58: A Behavioural SIR Model and its Implications for Physical Distancing

Giorgos Baskozos, Giorgos Galanis and Corrado Di Guilmi

57: Social distancing and contagion in a discrete choice model of COVID-19

Giorgos Baskozos, Giorgos Galanis and Corrado Di Guilmi

56: Lords and Vassals: Power, Patronage, and the Emergence of Inequality

Robert Akerlof, Hongyi Li and Jonathan Yeo

55: Fundamental Utilitarianism and Intergenerational Equity with Extinction Discounting

Graciela Chichilnisky, Peter Hammond and Nicholas Stern

54: Monte Carlo Sampling Processes and Incentive Compatible Allocations in Large Economies

Peter Hammond, Lei Qiao and Yeneng Sun

53: A Game of Hide and Seek in Networks

Francis Bloch, Bhaskar Dutta and Marcin Dziubinski

52: Experimentation in Dynamic R&D Competition

Anastasios Dosis and Abhinay Muthoo

51: Externalities and financial crisis – enough to cause collapse?

Marcus Miller and Lei Zhang

50: Interview of Peter J. Hammond

Philippe Mongin

49: The dynamics of inequalities and unequal exchange of labor in intertemporal linear economies

Giorgos Galanis, Roberto Veneziani and Naoki Yoshihara

48: Wrongful Conviction, Persuasion and Loss Aversion

Matthew Robertson

47: Contests with Ex-Ante Target Setting

Matthew Robertson

46: The Race to the Base

Dan Bernhardt, Peter Buisseret and Sinem Hidir

45: Sustainable Debt

Gaetano Bloise, Herakles Polemarchakis and Yiannis Vailakis

44: Designing Communication Hierarchies

Dimitri Migrow

43: Should We Discount the Welfare of Future Generations? Ramsey and Suppes versus Koopmans and Arrow

Graciela Chichilnisky, Peter Hammond and Nicholas Stern

42: Allocation Mechanisms, Incentives, and Endemic Institutional Externalities

Peter Hammond

41: Efficient Partnership Formation in Networks

Francis Bloch, Bhaskar Dutta and Mihai Manea

40: The social value of information in economies with mandatory savings

Pablo Beker and Conrado Cuevas

39: The measurement of welfare change

Walter Bossert and Bhaskar Dutta

38: When Good Advice is Ignored: The Role of Envy and Stubbornness

David Ronayne and Daniel Sgroi

37: Self-Control in the Retailing Industry: Inducing Rejection of Loyalty Schemes

Matteo Foschi

36: Information Acquisition and Credibility in Cheap Talk

Sinem Hidir

35: Information Revelation and Coordination Using Cheap Talk in a Game with Two-Sided Private Information

Chirantan Ganguly and Indrajit Ray

34: Partition Equilibria in a Japanese-English Auction with Discrete Bid Levels for the Wallet Game

Ricardo Gonçalves and Indrajit Ray

33: Coalition Formation and History Dependence

Bhaskar Dutta and Hannu Vartiainen

32: Information Acquisition and Use by Networked Players

David Myatt and Chris Wallace

31: Cheap Talk with Strategic Substitutability

Raghul Venkatesh

30: Activism, Costly Participation, and Polarization

Raghul Venkatesh

29: Skewness, Tax Progression, and Demand for Redistribution: Evidence from the UK

Kirill Pogorelskiy and Stefan Traub

28: The identification of attitudes towards ambiguity and risk from asset demand

Herakles Polemarchakis, Larry Selden and Xinxi Song

27: The formation of partnerships in social networks

Francis Bloch, Bhaskar Dutta, Stéphane Robin and Min Zhu

26: Regulation of trades based on differences in beliefs

Hervé Crès and Mich Tvede

25: Show me your competitors and I will tell you if you are exposed: Market Structure and Foreign Exchange Exposure

Athanasios Andrikopoulos and Xeni Dassiou

24: Persuasion and Pricing: Dynamic Trading with Hard Evidence

Peter Eso and Chris Wallace

23: Targeted socialization and production

Facundo Albornoz, Antonio Cabrales and Esther Hauk

22: The One-way Fubini Property and Conditional Independence: An Equivalence Result

Peter Hammond and Yeneng Sun

21: Extreme Idealism and Equilibrium in the Hotelling-Downs Model of Political Competition

David Ronayne

20: Fairness and Utilitarianism without Independence

Sinong Ma and Zvi Safra

19: Rational Dialogs

Herakles Polemarchakis

18: Optimal Leverage and Strategic Disclosure

Giulio Trigilia

17: Herding and Contrarian Behavior in Financial Markets: An Experimental Analysis

Andreas Park and Daniel Sgroi

16: Designing a Strategy-Proof Spot Market Mechanism with Many Traders: Twenty-Two Steps to Walrasian Equilibrium

Peter Hammond

15: Sovereign Debt and Incentives to Default with Uninsurable Risks

Gaetano Bloise, Herakles M Polemarchakis and Yiannis Vailakis

14: An argument for positive nominal interest

Gaetano Bloise and Herakles Polemarchakis

13: Suboptimality with land

Nikos Kokonas and Herakles Polemarchakis

12: Short Sales, Destruction of Resources, Welfare

Nikos Kokonas and Herakles Polemarchakis

11: Short-Term Momentum and Long-Term Reversal of Returns under Limited Enforceability and Belief Heterogeneity

Pablo Beker and Emilio Espino

10: Crowd Learning without Herding: A Mechanism Design Approach

Jacob Glazer, Ilan Kremer and Motty Perry

09: Quantitative Easing in an Open Economy: Prices, Exchange Rates and Risk Premia

M. Udara Peiris and Herakles Polemarchakis

08: How To Count Citations If You Must

Motty Perry and Philip Reny

07: Why Sex? and Why Only in Pairs?

Motty Perry, Philip Reny and Arthur Robson

06: Evidence Games: Truth and Commitment

Sergiu Hart, Ilan Kremer and Motty Perry

05: Rational Expectations and Farsighted Stability

Bhaskar Dutta and Rajiv Vohra

04: Perils of quantitative easing

Michael McMahon, M. Udara Peiris and Herakles Polemarchakis

03: Voting In Legislative Elections Under Plurality Rule

Niall Hughes

02: How Transparency Kills Information Aggregation: Theory and Experiment

Sebastian Fehrler and Niall Hughes

01: The identification of beliefs from asset demand

Felix Kubler and Herakles Polemarchakis