The American Economic Review, Volume 86

aggregate American Economic Review analysis assets assume assumption at-will average bargaining behavior bidders buyer buyout capital changes coefficient Common Value Auctions competition composite commodity consumption contract correlation debt default demand denote double auction drilling effect efficient employees English auctions equation equilibrium estimated expected firm firm's function given growth households implies income increase industry innovation investment Journal of Economics labor lease Lemma loan marginal cost ment monetary mortgage Nash equilibrium neoclassical nomic offer optimal outcome output p₁ paper parameter percent period predicted preferences profits Proposition ratio relative revenue risk risk aversion Section seller senators share signal social standard standard errors statistically strategy symmetric equilibrium Table Theorem theory tion tracts trade units University variables Veblen effects voters voting wage winner's curse workers zero