Global games of regime change – coordination games of incomplete information in which a status quo is abandoned once a … survived past attacks with the arrival of information over time, or with changes in fundamentals, leads to interesting … equilibrium properties. First, multiplicity may obtain under the same conditions on exogenous information that guarantee …

tested and those required in the actual jobs. -- school standard ; signaling model ; cognitive skill ; noncognitive ski …

exogenously fixed. We show that, by conveying information, endogenous policy re-introduces multiple equilibria. Multiplicity … expectations. -- global games ; complementarities ; signaling ; self-fulfilling expectations ; multiple equilibria ; currency …

We develop a theory of price discrimination in many-to-many matching markets in which agents' preferences are … vertically and horizontally differentiated. The optimal plans induce negative assortative matching at the margin: agents with a … low value for interacting with other agents are included in the matching sets of only those agents from the opposite side …

under private information. We first consider generalized random-proposer take-it-or-leave-it offer games (GRP TIOLI games …. -- Matching and bargaining ; search ; double auctions ; foundations for perfect competition ; rate of convergence …