Frictional assignment. I. Efficiency

Article Abstract:

Research examining problems of economic matching involving agents in heterogeneous markets is presented. Particular attention is given to ways of matching machine qualities with workers' skills and of posting wages, as well as ensuring wage equality.

Management, Economic aspects, Machinery, Market segmentation, Commercial agents

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Indeterminacy in a small open economy Ramsey growth model

Article Abstract:

Research describing the structure of a small economy version to the optimal model of growth formulated by R.E.A. Farmer and J. Benhabib is presented. Particular attention is given to ways of obtaining indeterminacy in international capital markets.

Capital market, Capital markets

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Aggregate pattern of time-dependent adjustment rules, II: Strategic complementarity and endogenous nonsynchronization

Article Abstract:

Research developing an explanatory system for an institutional pattern of adjustment rules dependent on time is presented, with particular focus on identification of strategic complementarity in game-theoretic economic frameworks.

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