[This item is a preserved copy. To view the original, visit http://econtheory.org/] Dispersion in retail prices of identical goods is inconsistent with the standard model of price competition among identical firms, which predicts that all prices will be driven down to cost. One common...

This paper shows that the presence of different types of players { those who only care abouttheir own material payoffs and those who reciprocate others' contributions { can explain the robustfeatures of observed contribution patterns in public good contribution games, even without thepresence of...

This paper studies a dynamic adjustment process in a large society of forward-looking agents where payoffs are given by a normal form supermodular game. The stationary states of the dynamics correspond to the Nash equilibria of the stage game. It is shown that if the stage game has a monotone...