摘要:Game-theoretic analysis of relational contracts typically studies Pareto optimal equilibria. We illustrate how this equilibrium selection rules out very intuitive hold-up concerns in stochastic games with long-term decisions. The key problem is that Pareto optimal equilibria, even if satisfying reneg...
06. Examining Income Expectations in the College and Early Post-College Periods: New Distributional Tests of Rational Expectations ( 考察大学和大学后早期的收入预期:理性预期的新分布检验 ) 07. Firms’ Inflation Expectations: New Evidence from France ( 企业通胀预期:来自法国的新证据 ) 08. Electoral Ca...
Journal of the European Economic Association, Volume 21, Issue 1, February 2023, Pages 215–250, https://doi.org/10.1093/jeea/jvac034 This paper estimates the effects of economic downturns on the expansion of Pentecostal Evangelicalism in Brazil. Regions more exposed to economic distress experience...
Journal of the European Economic Association, Volume 21, Issue 2, April 2023, Pages 413–454, https://doi.org/10.1093/jeea/jvac041 Abstract The severity of adverse selection depends, to a great extent, on the underlying distribution of the asset. This distribution is commonly modeled as exoge...
24th Annual Congress of the European-Economic-AssociationGoeree, JacobPalmer, KarenHolt, CharlesShobe, WilliamBurtraw, DallasSchumpeter Lecture, Annual Congress of the European Economic Association, August,
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Reflecting on the First 20 Years of the Journal of the European Economic Association A small literature on family firms was emerging, mostly arguing that family firms were mismanaged, and we set out to check if that was the case in the Fren... D Pierre,H Jonas,L Guido,... - 《Journal...
8 Meeting with Magda Kopczynska, Director General, Directorate-General for Mobility and Transport (DG MOVE) 9 Meeting with Juul Joergensen, Director General, Directorate-General for Energy (DG ENER) 10 Meeting with Maarten ...
…the most optimal way to exit would be to take up a position outside the EU but inside the European Economic Area (‘EEA’), which very likely means re-joining the European Free Trade Association (‘EFTA’). As Britain is already a contracting party to the EEA Agreement there would be...
Journal of the European Economic Association, Volume 21, Issue 2, April 2023, Pages 413–454, doi.org/10.1093/jeea/jv Abstract The severity of adverse selection depends, to a great extent, on the underlying distribution of the asset. This distribution is commonly modeled as exogenous; however,...