financed by voluntary contributions (subscriptions) of households. We prove existence and generic regularity of subscription …

This paper proposes conditions for the existence and uniqueness of solutions to systems of linear differential or …

This paper investigates the existence of pure strategy, dominant strategy, and mixed strategy Nash equilibria in … quasiconcavity introduced in the paper, is enough to guarantee the existence of Nash equilibria in compact and convex normal form … show the existence of dominant strategy and mixed strategy Nash equilibria in discontinuous games. …

existence of equilibrium for the generalized games (the so-called abstract economics) and Nash equilibrium for games where the … payoff functions and the feasible strategy correspondences are not lowersemicontinuous. Thus the existence theorems given in … this paper generalize many existence theorems on Nash equilibrium and equilibrium for the generalized games in the …

public sector pressure for more efficient procedures to cope with sovereign default and restructuring. A second policy …

This paper develops a quantitative model of contagion of financial crisis and sovereign default for small open …. The existence of common investors with preferences that exhibit decreasing absolute risk aversion (DARA) generates … to default in its debts, this domestic shock will affect the investor's wealth and therefore her tolerance of risk …

characteristics are important predictors of default behavior, even after controlling for an extensive set of controls for loan and … borrower characteristics. First, default rates increase with the rate of foreclosure notices and the number of lender …-owned properties (REOs) in the tract. Second, default rates on home purchase mortgages are higher in census tracts with larger shares …

-dipping (and consequently default), with there being double-dipping whenever the MFIs are very profit-oriented. Moreover, in an … default equilibrium. Interestingly, an increase in MFI competition can lower efficiency, as well as increase the extent of … double-dipping and default. Further, the interest rates may go either way, with the interest rate likely to increase if the …

Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … default. After controlling for other factors, we find that the interest rates charged to black and Latino borrowers tended to … tend to default at a higher rate, but other factors, such as the tendency of black and Latino borrowers to take out larger …