avoid civil war. Members of the opposition are heterogeneous in income and ideology, and heterogeneity generates … increases continuously with the number of opposition group members who agree to accept it. When the within-group heterogeneity …

and indefinitely satisfied (sustainable heterogeneity). With appropriate government interventions, such a path is always …

(sustainable heterogeneity). With appropriate government interventions, such a path is always achievable and is uniquely socially …

tradable. Such heterogeneity may violate the Taylor principle, which implies that aggressive monetary policy is desirable to … consideration of the heterogeneity. …

We analyse how consumer heterogeneity affects buying behaviour and the monopoly pricing of a network good and its usage …. Under perfect information, sufficiently high heterogeneity yields a unique equilibrium, and the unit price is increasing in … heterogeneity. Under incomplete information, we have a global game. The unit price is independent of heterogeneity, and it tends to …