The American Economic Review, Volume 97American Economic Association., 2007 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 268
... expected highest value of any other buyer . Similarly , if buyer i makes an unexpected offer ɓ > Б > bEPA ( UD ) ; MT [ UT , V ] ) . 23 Thus , conditional on winning with an unexpected offer , buyer i will pay more than the expected ...
... expected highest value of any other buyer . Similarly , if buyer i makes an unexpected offer ɓ > Б > bEPA ( UD ) ; MT [ UT , V ] ) . 23 Thus , conditional on winning with an unexpected offer , buyer i will pay more than the expected ...
Página 95
... expected utility of all agents goes up and expected welfare under H , when x * is played , is higher than under H , when x * is played . B. Changes in Network Structure We consider two types of changes to the net- work architecture ...
... expected utility of all agents goes up and expected welfare under H , when x * is played , is higher than under H , when x * is played . B. Changes in Network Structure We consider two types of changes to the net- work architecture ...
Página 435
... expected present value of social welfare generated by the search for a cure is ( 1 ) W = OX ( N ) B - CN r + 0λ ( N ) Assume that the first successful developer captures fraction a≤ 1 of B , say , because of patent protection , while ...
... expected present value of social welfare generated by the search for a cure is ( 1 ) W = OX ( N ) B - CN r + 0λ ( N ) Assume that the first successful developer captures fraction a≤ 1 of B , say , because of patent protection , while ...
Índice
IRPS | 5 |
GEORGE A AKERLOF | 31 |
GIUSEPPE MOSCARINI | 37 |
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advertiser African American agents aggregate analysis asset assumption auction AUSTRALIAN OPEN average behavior benefits Besley bureaucrat buyer capital CB's central bank cities climate change conditional cash transfers constraint consumption growth cost crime currency decision denote distribution dynamics Econometrica employment share English auction envy-free equation equilibrium estimates example expected factor Figure fixed effects fraction function growth rate higher impact implies income increase individual industries inflation interest rate investment investors Journal liquidity trap litigation loss aversion lottery ment monetary nomic norms observed offer optimal output panel paper parameters payoff percent period portfolios predicted preferences probability of arrest productivity Qmax rational expectations regression revenues Ricardian equivalence risk sample Second Industrial Revolution Section sector seller shocks specification statistical Table technologies theory tion utility v₁ variables voting wage zero Zipf's law