This paper studies a model of how political parties use resources for campaigning to inform voters. We show existence of equilibrium under mild assumptions for an arbitrary number of parties. The main result is that if the parties are more extreme, then they spend less resources on campaigning...

I explore the effects of a preference for fairness in the division of housework between two spouses in two different models of household time allocation. Both in the model with agreeing spouses and the model with noncooperative spouses, such a preference has an equalising effect on the division...

I study an evolutionary model of equilibrium selection in supermodular games where players are involved in simultaneous play. This is taken to refer to a context, in contrast with most evolutionary literature, where players' objective is to have their actions match a certain statistic of the...

We apply the dynamic stochastic framework proposed by recent evolutionary literature to the class of strict supermodular games when two simple behavior rules coexist in the population, imitation and myopic optimization.

This paper deals with a simple, Keynesian growth model. The main issue is whether Nash bargaining about wages may help to avoid cycles. Our result comes somewhat in the negative: Cycles may still persist. Their existence or emergence is related to violent investment behavior near the long-run,...

This paper generalizes the results of Suijs, De Waegenaere and Borm (1998) to arbitrary risks. It provides Pareto optimal allocations and shows that the zero utility premium calculation principle yields a core-allocation.

This paper analyzes linear production situations with price uncertainty, and shows that the corresponding stochastic linear production games are totally balanced. It also shows that investment funds, where investors pool their individual capital for joint investments in financial assets, fit...