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At a Nash-Walras equilibrium, individuals exchange commodities competitively, and, simultaneously, they interact strategically. Under standard assumptions, Nash-Walras equilibria exist, equilibrium profiles of actions are, typically, determinate byt Pareto suboptimal, though not constrained...
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In two related papers, Kanedo (1977, 1977a) has proved an equibalence theorem relating the set of ratio equilibria of a public goods economy to the core of a strong voting game. This paper extends in two ways Kaneko's analysis to economies with jurisdictions, each producing a spedific public good.
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The authors examine a variant of the uncapacitated lot-sizing model of Wagner-Within involving sales instead of fixed demands, and lower bounds on stocks. Two extended formulations are presented, as well as a dynamic programming algorithm and a complete description of the convex hull of solutions.
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Relying on numerical methods, we estimate menus of linear contracts as proposed by Laffont and Tirole (1986) for the regulation of firms in a framework with moral hazard and adverse selection.
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