The computation of economic equilibria is a centralproblem in algorithmic game theory. In this dissertation, weinvestigate the existence of economic equilibria in severalmarkets and games, the complexity of computing economicequilibria, and its application to rankings.It is well known that a...

The standard overlapping generations model is extended to include retradeable paper assets (shares) of firms. Two period lived consumers hold portfolios including paper assets and capital in order to transfer wealth over time. An infinitely lived firm produces a stochastic output using a...

This paper studies the impact of variations of a pay-as-you-go pension system on welfare in a stochastic overlapping generations model where compulsory public retirement savings coexist with private savings in assets and bonds. It is shown that, for a stationary population, any reduction of...

Our contribution to the literature on asset price bubbles is that we seek to determine whether bubbles can be prevented through reading articles about bubbles. We created three experimental asset markets to evaluate the efficacy of readings on the creation of a bubble. One group read a...