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How do wealth-income ratios react to slowing growth in the long run? : on Piketty's second fundamental law of capitalism

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Nash Equilibrium with Lower Probabilities

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The product of capacities and belief functions

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Optimal Labor Contracts May Exhibit Wage Fluctuations due to Wage Discrimination

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Consider a labor market where the parties are able to write contracts contingent on the state of demand and productivity. If it is realistically assumed that the workers differ wrt. their reservation wages, then it becomes a natural presumption that firms on the market will offer several...

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On the effectiveness of economic policy when competition is imperfect and expectations are rational

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The One-Shot-Deviation Principle for Sequential Rationality

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Fictitious Play in Extensive Form Games

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