We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting …

cooperative solutions of the initial Bayesian game. This characterization does not apply to discounted games with patient players …. In a class of public good games, the set of Nash equilibrium payoffs of the undiscounted game can be empty, while limit …

central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President’s introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. …

in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …