This dissertation consists of three essays. In the first one (Chapter three), âGains and Losses from Household Formation,â I introduce a general equilibrium model, wherein a household may consist of more than one member, each with their own preferences and endowments. In these models at first,...

The first part of this dissertation investigates the possibility of an output cut by a firm as a result of an increase in demand in industries with constrained capacities. We are specially interested in the crude oil industry, although thepaper has implications beyond that market. Two simple...