An information-theoretic thought experiment is developed to provide a methodology for predicting endowment distributions in the absence of information on agent preferences. The allocation problem is first presented as a stylised knapsack problem. Although this knapsack allocation is intractable,...

The maximum entropy methodology is applied to the Schelling model of urban segregation in order to obtain a reliable prediction of the stable configuration of the system without resorting to numerical simulations. We show that this approach also provides an implicit equation describing the...

The maximum entropy methodology is applied to the Schelling model of urban segregation in order to obtain a reliable prediction of the stable configuration of the system without resorting to numerical simulations. We show that this approach also provides an implicit equation describing the...

Face au ralentissement des ventes de véhicules, le « Pacte automobile » mobilise 9 milliards d’euros pour venir en aide aux constructeurs français. L’enjeu est triple : soutenir à court terme la demande et l’emploi, assurer l’avenir d’une industrie stratégique au regard des...

Face au ralentissement des ventes de véhicules, le « Pacte automobile » mobilise 9 milliards d’euros pour venir en aide aux constructeurs français. L’enjeu est triple : soutenir à court terme la demande et l’emploi, assurer l’avenir d’une industrie stratégique au regard des...

This paper analyses the methodology developed by Behrens and Murata (2007) to introduce variable mark-ups into models of monopolistic competition. Their risk- aversion explanation to the presence of ¯xed mark-ups in the Dixit and Stiglitz (1977) model is validated; however, we show that their...