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We consider two models of lump sum taxation in pure exchange economy in which the state imposes taxes on (or offers financial aid to) economic agents characterized by their demand functions and initial resources. In the first model the state has its own preferences and uses the collected money...
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gumbel distributed stochastic part, and derived its equilibrium output, a marriage match- ing function. The marriage matching … work is the issue of existence and uniqueness of equilibrium. We resolve this question in the affirmative, assuming the …
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I develop new results on uniqueness and comparative statics of equilibria in the Crawford and Sobel (1982) strategic information transmission game. For a class of utility functions, I demonstrate that logconcavity of the density implies uniqueness of equilibria inducing a given number of...
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the remaining bids equal zero. With any positive reserve price equilibrium becomes unique: Bidders bid truthfully on all …
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