This paper studies a class of mean field games (MFGs) with singular controls of bounded velocity. By relaxing the absolute continuity of the control process, it generalizes the MFG framework of Lasry and Lions and Huang, Malhame, and Caines. It provides a unique solution to the MFG with explicit...

Monetary Policy Committees differ in the way the interest rate proposal is prepared and presented in the policy meeting. In this paper we show analytically how different arrangements could affect the voting behaviour of individual MPC members and therefore policy outcomes. We then apply our...

Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...