期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 113 ()
We consider a class of cooperative network games with transferable utilities in which players interact through a probabilistic network rather than a r......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 113 ()
In this paper, we analyze the influence of the delegation of downstream firms that produce different quality of products on the profits, consumer surp......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 111 ()
We study the consumption and portfolio selection problem of a finitely lived agent who derives utility from the stock of durable goods. We show that t......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 113 ()
In this paper, we review some results of the solution of generalized stable sets introduced by Van Deemen (1991) as a variant of stable sets for abstr......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 109 ()
We consider a finite-agent Hellwig (1980) economy with an extension to allow traders to observe their neighbors' signals in an exogenously given socia......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 109 ()
This paper studies aggregate equilibrium models where firms cannot compute future prices with perfect accuracy. Instead, firms use approximations to i......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2021; 109 ()
I formulate a model of a large private economy in which firms and managers form partnerships in an upstream labor (matching) market and then firm-mana......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2020; 104 ()
The existing literature has considered licensing of a patented cost-reducing innovation either in a homogeneous good industry or in a differentiated g......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2020; 108 ()
We consider a model with two patentees of perfect substitute innovations that enable the manufacture of a new product and a competitive pool of potent......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2019; 97 ()
In (Ju et al., 2018) Ju et al. investigate the responsiveness of affirmative action in school choice. For the minority reserves type affirmative actio......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2019; 100 ()
In this paper, we propose a definition of Hypothesis Testing Equilibrium (HTE) for general signalling games nested by an updating rule according to th......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2019; 101 ()
Holmstrom and Myerson (1983) show that we need only check for efficiency on common knowledge events to determine that an incentive compatible decision......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2019; 102 ()
This paper explores the role of bubbles in an overlapping-generations economy where some agents are more productive than the others. Due to missing cr......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2018; 91 ()
A social welfare ordering is a mixed hierarchy if and only if it satisfies (ordinal or cardinal) interpersonal noncomparability. In order to avoid thi......
期刊: MATHEMATICAL SOCIAL SCIENCES, 2018; 96 ()
Although Kaplow and Shavell (2001) have established a devastating result that "any non-welfarist method of policy assessment violates the Pareto princ......