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au moins si le nombre de pays est supérieur à deux. Quand la coordination est partielle (quelques pays forment une … différents régimes possibles : absence de coordination, coordination partielle, coordination totale. Nous montrons alors que …, conformément aux enseignements de la théorie des jeux, la coordination de tous n’est pas nécessairement Pareto-optimale, ni même la …
Persistent link: https://www.econbiz.de/10008551717
Many empirical and behavioral studies underline the idea of a non-flat term structure of subjective interest rates with a decreasing slope. Using an empirical test, this paper aims at identifying in individual behaviors whether agents see their psychological value of time decreasing or not. We...
Persistent link: https://www.econbiz.de/10008532472
We consider a simple model of lending and borrowing combining two informational problems: adverse selection and costly state verification. Our analysis highlights the interaction between these two informational problems. We notably show that the higher the monitoring cost, the less...
Persistent link: https://www.econbiz.de/10009364620
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Le coeur ex ante incitatif d'une économie d'échange en information incomplète est le coeur, au sens de la théorie des jeux coopératifs standard, d'une fonction caractéristique qui rend compte du fait que les coalitions allouent les biens grâce à des mécanismes aléatoires incitatifs....
Persistent link: https://www.econbiz.de/10008532408
We consider the “and” communication device that receives inputs from two players and outputs the public signal yes if …, even when infinitely many stages of communication are allowed. …
Persistent link: https://www.econbiz.de/10009002736
We propose two classes of allocation games for N.T.U. and T.U. exchange economies in which initial endowments and preferences depend on the agents’ private information. In both models, agents make non-verifiable claims about their types and effective deposits of consumption goods, which are...
Persistent link: https://www.econbiz.de/10009024336
This is a summary of the author’s Ph.D. thesis supervised by Fioravante Patrone and Stefano Bonassi and defended on 25 May 2006 at the Università degli Studi di Genova. The thesis in written in English and a copy is available from the author upon request. This work deals with the discussion...
Persistent link: https://www.econbiz.de/10008799435
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