Itens para a visualização no momento 21-40 of 109

    • O conjunto dos equilíbrios dos leilões de primeiro preço 

      Monteiro, Paulo Klinger
      2004-05-06
      In this note I specify the class of functions that are equilibria of symmetric first-price auctions.
    • Conteúdo material do equilíbrio econômico financeiro de contratos de concessão 

      Canever, Henrique Nunes
      2016-02-15
      The dissertation assumes that the initial establishment of the economic and financial balance in the concession agreements have to use theories, concepts and methodologies of other sciences that not only the legal sciences, ...
    • Contracting with repeated moral hazard and private evaluations 

      Fuchs, William
      2005-11-29
      A repeated moral hazard setting in which the Principal privately observes the Agent’s output is studied. It is shown that there is no loss from restricting the analysis to contracts in which the Agent is supposed to exert ...
    • A contractive method for computing the stationary solution of the euler equation 

      Moreira, Humberto Ataíde; Maldonado, Wilfredo Fernando Leiva
      2002-09-01
      A contractive method for computing stationary solutions of intertemporal equilibrium models is provide. The method is is implemented using a contraction mapping derived from the first-order conditions. The deterministic ...
    • The costs and benefits of leaving the EU: trade effects 

      Dhingra, Swati; Huang, Hanwei; Ottaviano, Gianmarco; Pessoa, João Paulo; Sampson, Thomas; Van Reenen, John
      2017-10
      Sampson and John Van Reenen?> This paper estimates the welfare effects of Brexit in the medium to long run, focusing on trade and fiscal transfers. We use a standard quantitative general equilibrium trade model with many ...
    • Cournot competition under Knightian uncertainty 

      Boff, Hugo Pedro; Werlang, Sérgio Ribeiro da Costa
      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 ...
    • Cournot-nash equilibria in continuum games with non-ordered preferences 

      Rocha, Vitor Filipe Martins da; Topuzu, Mihaela
      2008-05
      In the usual framework of continuum games with externalities, we substantially generalize Coumot-Nash existence results [Balder, A unifying approach to existence of Nash equilibria, Int. J.Game Theory 24 (1995) 79-94; On ...
    • Desequilíbrio cambial e crescimento econômico: uma análise empírica baseada no modelo Balassa-Samuelson 

      Sampaio, Danilo Macedo Santos
      2008-06-06
      Most empirical approaches only use productivity differentials to estimate the Balassa-Samuelson effect. Despite of that, the Balassa-Samuelson model assumes some important hypotheses that are generally ignored. Initially, ...
    • Determinacy of equilibria in nonsmooth economies 

      Pascoa, Mario Rui; Werlang, Sérgio Ribeiro da Costa
      1999-11
      Concavifiable preferences are representable by a function which is twice differentiable almost everywhere, by theorem of Alexandroff [Alexandroff, A.D., 1939. Almost Everywhere Existence of Second Differentials of Convex ...
    • A dinâmica da economia brasileira em um modelo DSGE com bancos e empreendedores 

      Theodoro, Thadeu Lucas Accoroni
      2019-08-16
      Este trabalho busca contribuir para uma melhor compreensão de como fricções financeiras e choques financeiros influenciam no surgimento de novas de empresas e, consequentemente, na dinâmica da economia brasileira. Os ...
    • Dynamic markets for lemons 

      Betto, Maria Fernanda Petri
      2017-05-12
      Este trabalho investiga o papel da sinalização em um mercado dinâmico de limões. Nós derivamos propriedades gerais dos equilíbrios, e em particular dos equilíbrios totalmente separantes. O equilíbrio separante mais ...
    • Efeitos de gastos do governo em um modelo dinâmico estocástico de equilíbrio geral com restrições financeiras 

      Azevedo, Izabella Miranda de
      2010-09
      Recentes evidências empíricas sugerem que o consumo aumenta em resposta a um aumento nos gastos do governo. Essa descoberta não pode ser facilmente reconciliada com os resultados dos modelos de otimização dos ciclos ...
    • Empirical measures,learning and sunspot equilibrium 

      Araújo, Aloísio Pessoa de
      1998-03-12
      In this paper we construct sunspot equilibria that arrise from chaotic deterministic dynamics. These equilibria are robust and therefore observables. We prove that they may be learned by a sim pie rule based on the histograms ...
    • Endogenous borrowing constraints and default when markets are incomplete 

      Braido, Luís Henrique Bertolino
      2001-09-17
      Incomplete markets and non-default borrowing constraints increase the volatility of pricing kernels and are helpful when addressing assetpricing puzzles. However, ruling out default when markets are in complete is suboptimal. ...
    • Endogenous collateral 

      Pascoa, Mario Rui; Araújo, Aloísio Pessoa de; Barbachan, José Santiago Fajardo
      2003-11-04
      We study an economy where there are two types of assets. Consumers’ promises are the primitive defaultable assets secured by collateral chosen by the consumers themselves. The purchase of these personalized assets by ...
    • Endogenous collateral: arbitrage and equilibrium without bounded short sales 

      Pascoa, Mario Rui; Araújo, Aloísio Pessoa de; Barbachan, José Santiago Fajardo
      2001-05-01
      We study the implications of the absence of arbitrage in an two period economy where default is allowed and assets are secured by collateral choosen by the borrowers. We show that non arbitrage sale prices of assets are ...
    • Endogenous debt constraints in collateralized economies with default penalties 

      Martins-da-Rocha, Victor Filipe; Vailakis, Yiannis
      2011-06-30
      In infinite horizon financial markets economies, competitive equilibria fail to exist if one does not impose restrictions on agents' trades that rule out Ponzi schemes. When there is limited commitment and collateral ...
    • Endogenous mechanisms and nash equilibrium in competitive contracting games 

      Monteiro, Paulo Klinger; Page Junior, Frank H.
      2009-09-20
      We model strategic competition in a market with asymmetric information as a noncooperative game in which each firm competes for the business of a buyer of unknown type by offering the buyer a catalog of products and prices. ...
    • Ensaio em competição monopolística 

      Leal, Carlos Ivan Simonsen
      1982-11-02
      This article treats the topic of monopolistic competition, interpreted as a Cournot oligopoly in market equilibrium. The notion of a Cournot oligopoly is discussed, and its relation to the non-cooperative Nash equilibrium ...
    • Equilibria in reflexive banach lattices with a continuum of agents 

      Araújo, Aloísio Pessoa de; Rocha, Vitor Filipe Martins da; Monteiro, Paulo K.
      2004-10
      We consider exchange economies with a measure space of agents and for which the commodity space is a separable and reflexive Banach lattice. Under assumptions imposing uniform bounds on marginal rates of substitution, ...