Political power and the credibility of government debt
Article Abstract:
A formal model is developed to show the emergence of a self-selecting equilibrium relating to investment decisions in government bonds or human capital.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2000
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Incompatibility of usual conditions for equilibrium existence in continuum economies without ordered preferences
Article Abstract:
Equilibrium existence results have been examined for continuum economies and certain continuum extensions are shown to be pointless.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2000
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Blocking efficacy of small coalitions in myopic economies
Article Abstract:
Continuum economies are assessed where commodities are infinitely many, as part of a study of perfect competition.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2000
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- Abstracts: Epistemic conditions for equilibrium in beliefs without independence. Communication in repeated games with private monitoring
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