Inefficiency in a Bilateral Trading Problem with Cooperative Investment

Artikel in diesem Heft

1. Advances Article
2. Evolutionary Dynamics and Long-Run Selection
3. Party Competition under Private and Public Financing: A Comparison of Institutions
4. Limited Observation in Mutual Consent Networks
5. Status Concerns and Occupational Choice Under Uncertainty
6. Choice under Limited Uncertainty
7. A Vague Theory of Choice over Time
8. Strategic Implications of Uncertainty over One's Own Private Value in Auctions
9. Contributions Article
10. Snobs and Quality Gaps
11. General Option Exercise Rules, with Applications to Embedded Options and Monopolistic Expansion
12. Liars and Inspectors: Optimal Financial Contracts When Monitoring is Non-Observable
13. Inefficiency in a Bilateral Trading Problem with Cooperative Investment
14. A Spatial Election with Common Values
15. Is Sustainable Development Compatible with Rawlsian Justice?
16. Multiple Lending and Constrained Efficiency in the Credit Market
17. The Uniqueness of Stable Matchings
18. Assessing the Likelihood of Panic-Based Bank Runs
19. Are Manufacturers Competing through or with Supermarkets? A Theoretical Investigation
20. Existence of Equilibrium for Segmented Markets Models with Interest Rate Monetary Policies
21. Affiliated Common Value Auctions with Differential Information: The Two Bidder Case
22. The Emergence of a Price System from Decentralized Bilateral Exchange
23. Finite Memory Distributed Systems
24. Topics Article
25. Special Interest Politics and Endogenous Lobby Formation
26. Robust Portfolio Selection with and without Relative Entropy
27. Increased Risk-Bearing with Background Risk
28. Resources as an Input of Production in a Two-Sector Economy
29. Why the Reserve Price Should Not Be Kept Secret
30. A Strategic Analysis of Terrorist Activity and Counter-Terrorism Policies
31. The Role of Observability in Futures Markets
32. An Amendment to Baumol's Burden Test
33. Pareto Improving Lotteries and Voluntary Public Goods Provision
34. Endogenous Favoritism in Organizations
35. Age Bias in Fiscal Policy: Why Does the Political Process Favor the Elderly?
36. Fundamental and Secondary R&D Races
37. Rat Races and Glass Ceilings
38. On the Number of Contestants and Equilibrium Individual Effort
39. Vertical Differentiation: Multiproduct Strategy to Face Entry?
40. Rational Sabotage in Cooperative Production with Heterogeneous Agents
41. Competitive Externalities in Dynamic Monopolies with Stochastic Demand
42. On the Signalling Role of Debt Maturity
43. Equilibrium Uniqueness in a Cournot Model with Demand Uncertainty
44. Monopoly Pricing over Time and the Timing of Investments
45. Shirking and Squandering in Sharing Games
46. Nonrevealing Equilibria and Consumption-Based Asset Pricing Models