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This book gives the historical development, explanations of technical specifications, and a basic understanding of how to use different equilibrium models in an applied framework. …
This monograph provides a novel approach to the evaluation of economic policy by combining two different analytical strategies. On the one hand, the computable general equilibrium …
The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant …
This book provides a game theoretic model of interaction among VoIP telecommunications providers regarding their willingness to enter peering agreements with one another. The …
3 Domenico Delli Gatti!, Mauro GallegatF, Alan P. Kirman ! ITEMQ, Catholic University, Milan, Italy 2 MET, University of Teramo, Italy 3 GREQAM, Universite d'Aix-Marseille, Ecole …
In this book, the authors investigate structural aspects of no arbitrage pricing of contingent claims and applications of the general pricing theory in the context of incomplete …
1. 1 Wage Setting vs. Wage Taking Inhisground-breakingmonographMonopsonyin Motion:Imperfect Competitionin Labor Markets, Manning (2003a, p. 3) starts his argument in favour of a …
The theory on the evolution of preferences deals with the endogenous formation of preference relations in strategic situations. It is related to the field of evolutionary game …
The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game …
This book deals with the omitted variable tests for a multivariate time-series regression model. What are the consequences of testing for the omission of a variable when the model …