There is a formal equivalence between games, societies, and economies. Lindahl equilibrium for a game or society corresponds to competitive equilibrium for the equivalent economy. Results on existence and optimality of competitive equilibrium thus apply to the theory of games and societies. The...

type="main" xml:id="ecin12117-abs-0001" <fi>Open access publishing has been proposed as one possible solution to the serials crisis—the rapidly growing subscription prices in scholarly journal publishing. However, open access publishing can present economic pitfalls as well, such as excessive...</fi>

If viewers prefer to watch the news as soon as they get home from work, how should competing television stations schedule their broadcasts so as to maximize the number of viewers? Given a Hotelling location problem with a directional constraint (viewers can watch any time after they get home but...

We study three different models in which public goods are supplied by private contributions. In one of these models, tax-financed government subsidies to private contributions will definitely increase the equilibrium supply of public goods. In the other two models, government subsidies are...

In many applications, assumptions about the log-concavity of a probability distribution allow just enough special structure to yield a workable theory. This paper catalogs a series of theorems relating log-concavity and/or log-convexity of probability density functions, distribution functions,...