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I examine the choice of political rhetoric when one candidate's willingness to misinform the voter is checked by the other's ability to inform. In the basic model, a debate is a competition between two candidates in which the "good" candidate wants to reveal information about quality and the...
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This appendix provides proofs and the entire set of data used in Corbae and Duffy (2006)` ``Experiments with Network Formation''. In particular we show that for the environment laid out in that paper` a marriage network is not only the ex-ante efficient network` but also stable in the sense of...
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We examine determinancy and expectational stability (learnability) of rational expectations equilibrium (REE) in sticky price New Keynesian (NK) models of the monetary transmission mechanism. We consider three different New Keynesian models: a labor-only model and two models that add capital --...
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