favourable for the long-living individuals, represent an equilibrium. …

short to medium run effects on financial stability are properly captured. -- general equilibrium ; financial fragility …

firms' investment decisions. We characterize the conditions under which fire sales occur in equilibrium and their …

This paper employs a general equilibrium model of imperfect competition and trade in which capital is used to establish … competition ; international trade ; general equilibrium …

We study the welfare properties of a general equilibrium banking model with moral hazard that encompasses incentive … mechanisms for bank risk-taking studied in a large partial equilibrium literature. We show that competitive equilibriums maximize … failures. In this model, there is no trade-off between bank competition and financial stability. -- general equilibrium ; bank …

This paper is the first application of the singular value decomposition in general equilibrium theory. Every technology …

We consider a general equilibrium model where groups operating in a competitive market environment can have several …, equilibrium existence, and equilibrium efficiency. …

equilibrium audiences (the clients belonging to a company), their signal exposure and attention, and the diversity of senders … surviving the contest for attention. Application of the equilibrium analysis to changes in information technologies and …

We integrate individual power in groups into general equilibrium models. The relationship between group formation … paradoxes: positive externalities increase, but none of the household members gains in equilibrium. We further identify implicit …

This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence …