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characteristic assumption is that some households never participate in financial markets. This paper proves the existence of an …, including output itself. The assumptions required for existence constrain the maximum value and the variability of the nominal …
Persistent link: https://www.econbiz.de/10010263231
It is shown that rent-seeking contests with continuous and independent type distributions possess a unique pure-strategy Nash equilibrium.
Persistent link: https://www.econbiz.de/10011282485
We compare different preference restrictions that ensure the existence of a stable roommate matching. Some of these …
Persistent link: https://www.econbiz.de/10013208637