◆ Bertrand competition and Cournot outcomes: further results(Nicolas Boccard)

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The model of Kreps and Scheinkman where firms choose capacities and then compete in price is extended to olipoly. Further, capacity is an imperfect commitment device: firms can produce beyond capacit...

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2004-12-04

◆ On the efficiency of Bertrand and Cournot(Andrea Lofaro)

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Bertrand competition is generally viewed as more efficient in welfare terms than Cournot competition. This paper shows that, after introducing incomplete information about rivals’ costs, this is n...

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2004-12-04

◆ Rationing rule, imperfect information(Roger Waldeck)

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The impact of imperfect information on the price setting behaviour of firms is analysed. Specifically, consumers support an information cost to become informed about prices. Firms are endowed with U...

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2004-12-04

◆ The Maximum Efficient Equilibrium Payoff in the Repeated Prisoners’ Dilemma（Geor

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We describe the maximum efficient subgame perfect equilibrium payoff for a player in the repeated Prisoners’ Dilemma, as a function of the discount factor. For discount factors above a critical le...

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2004-12-04

◆ Existence and optimality of olipoly equilibria(Ken Binmore)

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We consider a linear exchange economy and its successive replicas.We study the notion of Cournot-Walras equilibrium in which the consumers use the quantities of commodities put on the market as stra...

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2004-12-04

◆ Pronunciation of mathematical expressions

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The pronunciations of the most common mathematical expressions are given in the list below. In general, the shortest versions are preferred (unless greater precision is necessary)....

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2004-12-04

◆ Waiting times and equilibrium selection(Alan Beggs)

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This paper shows how graphs can be used to calculate waiting times in models of equilibrium selection. It also shows how reducing the state space can simplify the calculations of both waiting times...

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2004-12-04

◆ Equilibrium with arbitrary market structure(Birgit Grodal and Karl Vind)

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Fifty years a Arrow [1] introduced contingent commodities and Debreu [4] observed that this reinterpretation of a commodity was enough to apply the existing general equilibrium theory to uncertainty...

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2004-12-04

◆ Testing Weak Exogeneity in Cointegrated System

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This paper develops a limiting theory for Wald tests of weak exogeneity in error correction models(ECMs). It is well known that Wald statistics on cointegrated system may involve nonstandard distrib...

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2004-12-02

◆ econometrica 2004 nonvenber

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all papers published in ECONOMETRICA nonvember 2004 thanks for your interest...

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2004-12-01

◆ estimation of nonparametric models(第41章)

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计量经济学手册第四，第41章...

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2004-11-30

◆ journal of econometrics (nonvenber 2004)

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all the papers in JOUrnal of econometrics nonvenber 2004 thanks...

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2004-11-30

◆ journal of econometrics (December 2004)

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all the papers of journal of econometrics december 2004 thanks...

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2004-11-30

◆ Instrumental variables estimators of nonparametric models with discrete endogeno

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Testing normality: a GMM approach Christian Bontempsa, Nour Meddahib;∗ aLEEA-CENA, 7 avenue Edouard Belin, 31055 Toulouse, Cedex, France bDepartement de Sciences  Economiques, CIRANO, CIREQ...

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2004-11-30

◆ A Bayesian analysis of the multinomial probit model using marginal data augmenta

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Bootstrapsp eci!cation tests for di#usion processes Valentina Corradia;∗, Norman R. Swansonb aDepartment of Economics, Queen Mary, University of London, Mile End, London E1 4NS, UK bDepartme...

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2004-11-30