Digital Commons Network^™

A Behavioral Model Of Bargaining With Endogenous Types, Dilip Abreu, David G. Pearce

Cowles Foundation Discussion Papers

We enrich a simple two-person bargaining model by introducing “behavioral types” who concede more slowly than does the average person in the economy. The presence of behavioral types profoundly influences the choices of optimizing types. In equilibrium, concessions are calculated to induce “reciprocity”: a substantial concession by player i is followed by a period in which j is much more likely to make a concession than usual. This favors concessions by i that are neither very small nor large enough to end the bargaining immediately. A key difference from the traditional method of perturbing a game is that the actions …

The Indonesian Bank Crisis And Restructuring: Lessons And Implications For Other Developing Countries, Mari Pangestu

Documents

https://unctad.org/system/files/official-document/gdsmdpbg2420034_en.pdf

Financial Sector Restructuring In Korea, Inseok Shin

Documents

No abstract provided.

Lessons Learned From Thailand's Experience With Financial-Sector Restructuring, Veerathai Santiprabhob

Documents

study commissioned by one of Thailand's think tanks analyzing the government's response to the crisis

Issuing Government Bonds To Finance Bank Recapitalization And Restructuring: Design Factors That Affect Banks’ Financial Performance, Michael Andrews

Documents

No abstract provided.

Attack At The Economic Heart Of America: What 9/11 Taught The United States About Its Economic Security, J. Alfred Broaddus, Jr.

Documents

No abstract provided.

Credit Unions: Financial Condition Has Improved, But Opportunities Exist To Enhance Oversight And Share Insurance Management, United States: Government Accountability Office (Gao)

Documents

No abstract provided.

Countrywide Loan Program Guide- Non-Conforming Cofi, Mta, Or Libor, Countrywide Financial Corporation

Documents

No abstract provided.

Standing Facilities And Interbank Borrowing: Evidence From The Federal Reserve’S New Discount Window - Federal Reserve Bank Of Chicago, Craig Furfine

Documents

No abstract provided.

Public Information Notice: Imf Concludes 2003 Article Iv Consultation With The Dominican Republic, International Monetary Fund

Documents

No abstract provided.

Govenor Gramlich Speech On Predatory Lending At The Texas Association Of Bank Counsel 27th Annual Convention, Edward M. Gramlich

Documents

No abstract provided.

Roger W. Ferguson Speech, On The Future Of Financial Services - Revisited, At The Future Of Financial Services Conference, Roger W. Ferguson Jr.

Documents

This speech was held at the Future of Financial Services Conference

Legal Acts Of The Republic Of Latvia, Chairperson Of The Competition Council V.I. R.Jonä«Tis

Documents

No abstract provided.

Lessons From The Crisis In Argentina, International Monetary Fund (Imf)

Documents

No abstract provided.

Federal Act On The Swiss National Bank, Swiss National Bank (Snb)

Documents

No abstract provided.

Federal Act On The Swiss National Bank (National Bank Act), Swiss National Bank

Documents

No abstract provided.

Indonesian Bank Agency Fading Out, Wayne Arnold

Documents

No abstract provided.

Fiscal Issues And Central Banking In Emerging Economies, Bank For International Settlements (Bis)

Documents

No abstract provided.

The Politic 2003 Fall, The Politic, Inc.

The Politic

No abstract provided.

Families, Human Capital, And Small Business: Evidence From The Characteristics Of Business Owners Survey, Robert W. Fairlie, Alicia Robb

Discussion Papers

No abstract provided.

Yale Medicine : Alumni Bulletin Of The School Of Medicine, Autumn 2003- Summer 2004, Yale University. School Of Medicine

Yale Medicine Magazine - alumni bulletin and magazine

This volume contains Yale medicine: alumni bulletin of the School of Medicine, v.38 (Autumn 2003-Summer 2004). Prepared in cooperation with the alumni and development offices at the School of Medicine. Earlier volumes are called Yale School of Medicine alumni bulletins, dating from v.1 (1953) through v.13 (1965).

Digitized with funding from the Arcadia fund, 2017.

To Bundle Or Not To Bundle, Hanming Fang, Peter Norman

Cowles Foundation Discussion Papers

Commodity bundling is studied in an environment where the dispersion of valuations unambiguously decreases when two or more goods are sold as a bundle only. Bundling is more likely to dominate separately selling the goods if marginal costs are low relative to the average valuation, or if the distribution of valuations is very peaked around the mean.

The Edgeworth, Cournot And Walrasian Cores Of An Economy, Martin Shubik

Cowles Foundation Discussion Papers

Three variations of the core of a market game representing an exchange economy are considered and compared. The possibility for utilizing the Walrasian core to reflect certain monetary phenomena is noted.

An Efficiency Rationale For Bundling Of Public Goods, Hanming Fang, Peter Norman

Cowles Foundation Discussion Papers

This paper studies the role of bundling in the efficient provision of excludable public goods. We show that bundling in the provision of unrelated public goods can enhance social welfare. With a large number of goods and agents, first best can be approximated with pure bundling. For a parametric class of problems with binary valuations, we characterize the optimal mechanism, and show that bundling alleviates the free riding problem in large economies and decreases the extent of use exclusions. Both results are related to the idea that bundling makes it possible to reduce the incidence of exclusions because the variance …

The Invention Of Inflation-Indexed Bonds In Early America, Robert J. Shiller

Cowles Foundation Discussion Papers

The world’s first known inflation-indexed bonds were issued by the Commonwealth of Massachusetts in 1780 during the Revolutionary War. These bonds were invented to deal with severe wartime inflation and with angry discontent among soldiers in the U.S. Army with the decline in purchasing power of their pay. Although the bonds were successful, the concept of indexed bonds was abandoned after the immediate extreme inflationary environment passed, and largely forgotten until the twentieth century. In 1780, the bonds were viewed as at best only an irregular expedient, since there was no formulated economic theory to justify indexation.

Optimal Provision Of Multiple Excludable Public Goods, Hanming Fang, Peter Norman

Cowles Foundation Discussion Papers

This paper studies the optimal provision mechanism for multiple excludable public goods when agents’ valuations are private information. For a parametric class of problems with binary valuations, we characterize the optimal mechanism, and show that it involves bundling. Bundling alleviates the free riding problem in large economies in two ways: first, it can increase the asymptotic provision probability of socially efficient public goods from zero to one; second, it decreases the extent of use exclusions.

A Double Auction Market: Teaching, Experiment And Theory, Martin Shubik

Cowles Foundation Discussion Papers

A simultaneous double auction market with bid and offer cards was utilized in classes on the theory and history of money and financial institutions and occasionally in classes on the theory of games. The prime purpose in using this game was to teach the students how to construct process models of economic phenomena. The second purpose was to consider the properties of the double auction market. The third purpose was to interpret the experimental results an link them to theory.

Frb Email From Katie S Cox To Beverly Smith Re New Filing Citigroup Inc Citi Financial Mortgage, Katie S. Cox, Betsy Cross, Robin Whidbee

Documents

No abstract provided.

Yale Nurse: Yale University School Of Nursing Alumnae/I Association Newsletter, Fall 2003, Yale University School Of Nursing

Yale School of Nursing Alumni Newsletters and Magazines

this issue features the commencement and graduation activities of the Class of 2003 and the Sybil Palmer Bellos Lecture for 2003 by author and journalist Anna Quindlen.

Please contact the Medical Historical Library if you need a higher resolution version.

Yale Nursing Matters Summer 2003 / Spring 2004, Yale University School Of Nursing

Yale School of Nursing Alumni Newsletters and Magazines

Please contact the Medical Historical Library if you need a higher resolution version.