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Political power and the credibility of government debt

Article Abstract:

A formal model is developed to show the emergence of a self-selecting equilibrium relating to investment decisions in government bonds or human capital.

Author: Dixit, Avinash, Londregan, John
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2000
Political aspects, Government securities

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Incompatibility of usual conditions for equilibrium existence in continuum economies without ordered preferences

Article Abstract:

Equilibrium existence results have been examined for continuum economies and certain continuum extensions are shown to be pointless.

Author: Balder, Erik J.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2000
Research

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Blocking efficacy of small coalitions in myopic economies

Article Abstract:

Continuum economies are assessed where commodities are infinitely many, as part of a study of perfect competition.

Author: Herves-Beloso, Carlos, Moreno-Garcia, Emma, Nunez-Sanz, Carmelo, Rui Pascoa, Mario
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2000
Competition (Economics)

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Subjects list: Analysis, Economics, Economic research, Equilibrium (Economics)
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