Search Results - "Journal of economic theory"

Stress tests and information disclosure by Goldstein, Itay, Leitner, Yaron

“…We study an optimal disclosure policy of a regulator that has information about banks (e.g., from conducting stress tests). In our model, disclosure can…”
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Internal and external effects of social distancing in a pandemic by Farboodi, Maryam, Jarosch, Gregor, Shimer, Robert

“…We develop a quantitative framework for exploring how individuals trade off the utility benefit of social activity against the internal and external health…”
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Persuasion with limited communication capacity by Le Treust, Maël, Tomala, Tristan

“…We consider a Bayesian persuasion problem where the persuader and the decision maker communicate through an imperfect channel that has a fixed and limited…”
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When more is less: Limited consideration by Lleras, Juan Sebastián, Masatlioglu, Yusufcan, Nakajima, Daisuke, Ozbay, Erkut Y.

“…There is well-established evidence that decision makers consistently fail to consider all available options. Instead, they restrict attention to only a subset…”
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Government guarantees and financial stability by Allen, Franklin, Carletti, Elena, Goldstein, Itay, Leonello, Agnese

“…Banks are intrinsically fragile because of their role as liquidity providers. This results in under-provision of liquidity. We analyze the effect of government…”
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School choice with controlled choice constraints: Hard bounds versus soft bounds by Ehlers, Lars, Hafalir, Isa E., Yenmez, M. Bumin, Yildirim, Muhammed A.

“…Controlled choice over public schools attempts giving parents selection options while maintaining diversity of different student types. In practice, diversity…”
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Dynamic portfolio choice with frictions by Gârleanu, Nicolae, Pedersen, Lasse Heje

“…We show how portfolio choice can be modeled in continuous time with transitory and persistent transaction costs, multiple assets, multiple signals predicting…”
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Innovation by entrants and incumbents by Acemoglu, Daron, Cao, Dan

“…We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in…”
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Stable matching mechanisms are not obviously strategy-proof by Ashlagi, Itai, Gonczarowski, Yannai A.

“…Many two-sided matching markets, from labor markets to school choice programs, use a clearinghouse based on the applicant-proposing deferred acceptance…”
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Real interest rates, leverage, and bank risk-taking by DellʼAriccia, Giovanni, Laeven, Luc, Marquez, Robert

“…Do low interest rate environments lead to greater bank risk-taking? We show that, when banks can adjust their capital structures, reductions in real interest…”
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Bayesian persuasion with heterogeneous priors by Alonso, Ricardo, Câmara, Odilon

“…In a world in which rational individuals may hold different prior beliefs, a sender can influence the behavior of a receiver by controlling the informativeness…”
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On the private provision of public goods on networks by Allouch, Nizar

“…This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct…”
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Approximate revenue maximization with multiple items by Hart, Sergiu, Nisan, Noam

“…Maximizing the revenue from selling more than one good (or item) to a single buyer is a notoriously difficult problem, in stark contrast to the one-good case…”
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Whether or not to open Pandora's box by Doval, Laura

“…I study a single-agent sequential search problem as in Weitzman (1979). Contrary to Weitzman, conditional on stopping, the agent may take any uninspected box…”
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Network security and contagion by Acemoglu, Daron, Malekian, Azarakhsh, Ozdaglar, Asu

“…We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading…”
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Best-response dynamics in zero-sum stochastic games by Leslie, David S., Perkins, Steven, Xu, Zibo

“…We define and analyse three learning dynamics for two-player zero-sum discounted-payoff stochastic games. A continuous-time best-response dynamic in mixed…”
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Consistent approval-based multi-winner rules by Lackner, Martin, Skowron, Piotr

“…This paper is an axiomatic study of consistent approval-based committee (ABC) rules. These are multi-winner voting rules that select a committee, i.e., a…”
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Designing matching mechanisms under constraints: An approach from discrete convex analysis by Kojima, Fuhito, Tamura, Akihisa, Yokoo, Makoto

“…We consider two-sided matching problems where agents on one side of the market (hospitals) are required to satisfy certain distributional constraints. We show…”
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Social norms in networks by Ushchev, Philip, Zenou, Yves

“…Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we…”
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Optimal learning before choice by Ke, T. Tony, Villas-Boas, J. Miguel

“…A Bayesian decision maker is choosing among two alternatives with uncertain payoffs and an outside option with known payoff. Before deciding which alternative…”
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