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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...
Dynamic Equilibrium and Volatility in Financial Asset Markets
Dynamic Equilibrium Volatility Financial Asset Markets
2014/3/13
Dynamic Equilibrium and Volatility in Financial Asset Markets.