Showing 71 - 80 of 537
We analyze the effects of technology choices in repeated oligopoly under imperfect monitoring.
Persistent link: https://www.econbiz.de/10005618869
We introduce a class of communication equilibria, which we call self-fulfilling mechanisms, and show that they provide a game-theoretic foundation to rational expectations equilibria.
Persistent link: https://www.econbiz.de/10005618870
A market with asymmetric information on product quality that entails both adverse selection and moral hazard problems is considered.
Persistent link: https://www.econbiz.de/10005618871
Ce papier propose une revue de litterature sur le theme de la causalite, aborde d'un point de vue econometrique. Cette revue, sans etre exhaustive, fait le point sur les resultats acquis jusqu'a des dates tres recentes et s'accompagne de propositions visant a enrichir la modelisation...
Persistent link: https://www.econbiz.de/10005618872
Persistent link: https://www.econbiz.de/10005618873
We built a portfolio choice model in which agents are heterogeneous and possibly draw systematic rational forecast errors.
Persistent link: https://www.econbiz.de/10005618875
On a propose plusieurs concepts de coeur pour une economie d'echange en information asymetrique. Ces concepts, qui se fondent pour la plupart sur des mecanismes deterministes, se distinguent par l'information des coalitions au moment de negociation des contracts (es ante ou interim),...
Persistent link: https://www.econbiz.de/10005618877
This paper analysis Competition among sellers over either price negotiation or price posting in the framework of a search model under imperfect information about quality.
Persistent link: https://www.econbiz.de/10005618878
This paper presents new models and methodologies for the assessment of innovative urban transport systems and policies options. The dynamic traffic model METROPOLIS (used here in the framework of the EC project AIUTO) estimates the impact of a set of transport demand management measures on the...
Persistent link: https://www.econbiz.de/10005618879
Through a survey of the theoretical and empirical literature, the article examines the teachings of overlapping generations computational general models (OLGCGM) about the policies of Social Security financing reform. Our study falls into three parts. First, we present OLGCGM methodology and...
Persistent link: https://www.econbiz.de/10005618880