We study games with strategic complementarities, arbitrary numbers of players and actions, and slightly noisy payoff signals. We prove limit uniqueness: as the signal noise vanishes, the incomplete information game has a unique strategy profile that survives iterative dominance. This generalizes...

This paper studies the relation between a city's income distribution and its retail price level using panel data. We find that an increase in the presence of lower middle income households, relative to poor or upper income households, is associated with lower prices. Our findings suggest that...

Cutler, Glaeser, and Vigdor (JPE 1999) find evidence that the late 19th century was a period of relatively low residential segregation between blacks and whites. Segregation increased substantially from 1890 to 1940 and, despite falling since 1970, remained considerably higher in 1990 than in...

This paper shows that in a dynamic context, under weak assumptions, the presence of payoff shocks can shrink the equilibrium set to a singleton. We study a model with a continuum of fully rational agents who switch between two actions or states over time (e.g., working in different sectors,...