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上海财经大学微观经济学课件Chapter 16 Equilibrium。
Market equilibrium of the agricultural product target price insurance and its moral hazard premium
target price agricultural insurance moral hazard premium perspective of institutional economics
2016/6/3
In the study, an expected revenue model was built for the farmers and insurance institutes in China, with the aim of researching the realization conditions of the target price insurance market equilib...
Comments on ‘Equilibrium Interpretations of Employment and Real Wages
Employment Real Wages
2015/8/4
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...
Solving Stochastic Equilibrium Models with the Extended Path Method
Capital asset pricing Rational expectations Solution algorithm
2015/8/4
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
Rationalizability Learning Equilibrium Strategic Complementarities
2015/7/21
Rationalizability,Learning and Equilibrium in Games With Strategic Complementarities.
Limit Pricing and Entry Under Incomplete Information:An Equilibrium Analysis
Limit Pricing Entry Under Incomplete Information Equilibrium Analysis
2015/7/21
Limit Pricing and Entry Under Incomplete Information:An Equilibrium Analysis.
Equilibrium Selection in Multi-Player Games with Auction Applications
Auction Applications Equilibrium Selection
2015/7/21
We introduce two new equilibrium re nements for nite normal
form games, both of which incorporate the intuitive idea that a costless
deviation by one player is more likely than a costly deviation b...
Substitute goods,auctions,and equilibrium
Gross substitutes Tatonnement Pseudo-equilibrium Law of aggregate demand
2015/7/21
This paper identifies two notions of substitutes for auction and equilibrium analysis. Weak substitutes,the usual price-theory notion, guarantees monotonicity of tatonnement processes and convergence ...
NOT ALL RIVALS LOOK ALIKE: ESTIMATING AN EQUILIBRIUM MODEL OF THE RELEASE DATE TIMING GAME
LOOK ALIKE THE RELEASE DATE TIMING GAM
2015/7/17
The number of Americans who go to the
movies varies dramatically over the course of
the year, and sometimes more than doubles
within a period of two weeks. At the same time,
the first week a...
General Equilibrium Impacts of a Federal Clean Energy Standard
clean energy standard intensity standard emissions pricing climate
2015/7/17
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...
Industry Equilibrium with Open Source and Proprietary Firms
Investment Technological Innovation Knowledge Sharing Industry Structures Open Source Distribution Research and Development
2015/4/23
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...
Correlated Equilibrium and Nash Equilibrium as an Observer's Assessment of the Game
Decision Choices and Conditions Game Theory Cooperation
2015/4/21
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 ...
A dynamic equilibrium model of how regulative and normative institutions in uence economic behavior and growth
Rational Decision Model Classes of Institutions Trust Empathy Coercion
2014/8/8
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...
Partial equilibrium model ?beef
beef consumer farmer partial equilibrium model price producer
2014/2/24
The main goal of the presented paper is to propose, specify and quantify a model of partial equilibrium in the beef meat vertical in the Czech Republic. Characterized within the analyzed relations in ...