Now showing items 1-6 of 6
Cournot competition under Knightian uncertainty
(Sociedade Brasileira de Econometria, 1998-11-02)
This article applies a theorem of Nash equilibrium under uncertainty (Dow & Werlang, 1994) to the classic Cournot model of oligopolistic competition. It shows, in particular, how one can map all Cournot-Nash equilibria ...
Finanças: uma resenha de quatro livros
(Sociedade Brasileira de Econometria, 1991-11-02)
A teoria das decisões financeiras, ou teoria das finanças, ou simplesmente finanças, é de longa data objeto de estudo de renomados economistas, dentre eles Kenneth Arrow. A premiação do Nobel de 1990, dado a três economistas ...
Subadditive probabilities and portfolio inertia
(Sociedade Brasileira de Econometria, 1991-04-01)
We show that in the presence of uncertainty (in the sense of Knight), as axiomatized by Schmeidler (1982, 1984) and Gilboa (1987) (as opposed to the classical view of Savage (1954)) one may obtain portfolio inertia with ...
A Keynesian model of nominal wage rigidity
(Sociedade Brasileira de Econometria, 1990-04-01)
We present a Model that reflects Keynes' intuition concerning nominal wage rigidity: workers like to keep their relative status on society. Several results are presented, including the analysis of the influence of risk ...
Bayesian foundations of Nash equilibrium behaviour
(Sociedade Brasileira de Econometria, 1986-04-01)
This is part of a larger project to investigate the Bayesian foundations of non-cooperative solution concepts. Elsewhere Bernheim and Pearce prove that common knowledge of Bayesian rationality is not enough to justify the ...
Competição monopolística e suas relações com competição perfeita
(Sociedade Brasileira de Econometria, 1982-11-02)
This article discusses the properties of monopolistic competitive economies with many economic agents. In the context of general equilibrium, the idea of inverse correspondence of generalized demand is treated, as is the ...