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上海财经大学微观经济学课件Chapter 16 Equilibrium
Finally, we certainly have weak priors on how to attribute causes of serial persistence. For instance, I would have guessed a different pattern than Kennan suggests for allocating the two large root...
The purpose of this paper is to investigate the feasibility of using the extended path method - described in Fair and Taylor [ 23 - to solve capital asset pricing. This method is now being used rat...
Email addresses: piazzesi@uchicago.edu, martin.schneider@nyu.edu. We thank Pierpaolo Benigno and John Campbell for helpful discussions. We also thank Andy Atkeson, David Backus, Frederico Belo, John...
Rationalizability,Learning and Equilibrium in Games With Strategic Complementarities.
Limit Pricing and Entry Under Incomplete Information:An Equilibrium Analysis.
Economists have tended to view emissions pricing (e.g., cap and trade or a carbon tax) as the most cost-effective approach to reducing greenhouse gas emissions. This paper offers a different view. Emp...
We present a model of industry equilibrium to study the coexistence of Open Source (OS) and Proprietary (P) firms. Two novel aspects of the model are: (1) participation in OS arises as the optimal dec...
Noncooperative games are examined from the point of view of an outside observer who believes that the players are rational and that they know at least as much as the observer. The observer is assumed ...
We present a non-cooperative game theoretic model with few pa- rameters that combines three strands of economic research - institutions and welfare economics, crime and punishment, and kindness and al...
We construct a theoretical model for equilibrium distribution of workers across sectors with different labor productivity, assuming that a sector can accommodate a limited number of workers which depe...
We introduce a notion of behavioral competitive equilibrium (BCE), to study house- holds' inability to tailor their consumption to the state of the economy. Our notion is motivated by limited cognit...
We consider a class of generalized capital asset pricing models in continuous time with a finite number of agents and tradable securities. The securities may not be sufficient to span all sources of u...
Optimal resource configuration is a critical issue for manufacturing grids. Economics is introduced for establishing a manufacturing grid resource marketplace and allocating resources based on market ...
For a number of reasons a large class of general equilibrium models from the field of resource economics does not allow for an equilibrium analysis along the lines of the theory of infinite dimensiona...

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