Both in game theory and in general equilibrium theory there exists a number of universally stable adjustment processes … the processes are adjustment rules by which an auctioneer can clear all markets. Examples are the processes studied by …

adjustment of the contract payment, involving adjustment costs for both players. Players’ payoffs from trade under the contract … whenever the contract payment relative to the outcome of an adjustment passes a certain threshold, depending among other things … of the adjustment costs. There is strategic substitutability in the choice of thresholds, so that if one player becomes …

patterns of adjustment within the population. Building on evidence of considerable diversity in trajectories of adjustment to …

An expatriate's family has a strong impact on his/her cultural adjustment. According to the family systems theory of … cultural adjustment. The objective of this article is to empirically assess the adjustment of German expatriates abroad in … association with their families' adjustment. We analyze the influence of the family situation of 169 German expatriates on their …

This paper assesses the role of labour mobility in the adjustment to asymmetric economic shocks in the EU. After … presenting a series of stylised facts of mobility in the EU, it assesses mobility as a channel of economic adjustment by means of … shocks have almost doubled since the introduction of the euro. In contrast to previous papers on the labour market adjustment …