conciliates the interaction between the degree of price stickiness, and the degree of strategic complementarities in fi-rms’ price … model’s parameters. In particular, we show that strategic complementarities appear to be the fi-rst driving force. When they … model. By contrast, when the degree of strategic complementarities is high, adopting a target for in ation depends on both …

income effect, which in turn generates strategic complementarities in price setting and thus amplifies business cycle …

generates bounded strategic substitutes - as opposed to strategic complementarities - then this mechanism can be converted into … rationality. This approach is a tool for constructing supermodular mechanisms, i.e. mechanisms that induce games with strategic … complementarities. In quasilinear environments, I prove that if a social choice function can be implemented by a mechanism that …

strategic complementarities. We establish two results on the global game selection. First, we show that it is independent of the …