-sharing motives. We demonstrate that such unwarranted betting behavior in market equilibrium can be mitigated by introducing nonlinear …

We develop a simple equilibrium model of rental markets for housing in which eviction occurs endogenously. Both …

In the dynamic discrete-time trading setting of Kyle (1985), we prove that Kyle's equilibrium model is stable when … there are one or two trading times. For three or more trading times, we prove that Kyle's equilibrium is not stable. These …

” equilibrium in the absence of a coordinated action to increase employment. Koopmans replied with a paper demonstrating that … contributed to a larger turn away from dynamizing the general equilibrium model, towards the new field of macrodynamics, with long …