Itens para a visualização no momento 1-9 of 9

    • Auctions with endogenous participation 

      Menezes, Flavio Marques; Monteiro, P. K.
      2000
      We study endogenous-participation auctions where bidders only know the number of potential participants. After seeing their values for the object, potential participants decide whether or not to enter the auction. They may ...
    • Corruption and auctions 

      Menezes, Flavio Marques; Monteiro, P. K.
      2006
      We investigate how corruption affects the outcome of a first-price auction (bidding behavior, efficiency and the seller's expected revenue). The auctioneer approaches the winner to offer the possibility of a reduction in ...
    • First-price auctions without affiliation 

      Monteiro, P. K.; Moreira, Humberto Ataíde
      2006
      We give conditions for equilibrium existence in private value, symmetric, first-price auctions without affiliation assumptions. © 2005 Elsevier B.V. All rights reserved.
    • Games with discontinuous payoffs: A strengthening of Reny's existence theorem 

      McLennan, Andrew; Monteiro, P. K.; Tourky, Rabee
      2011
      We provide a pure Nash equilibrium existence theorem for games with discontinuous payoffs whose hypotheses are in a number of ways weaker than those of the theorem of Reny (1999). In comparison with Reny's argument, our ...
    • Increasing cones, recession cones and global cones 

      Monteiro, P. K.; Page Junior, Frank H.; Wooders, Myrna Holtz
      2000
      In this paper, we discuss and compare various cones used in the economics literature to analyze arbitrage in general equilibrium models with short selling. Our main result is that under certain conditions on an economic ...
    • Infinite horizon incomplete markets with a continuum of states 

      Araújo, Aloísio Pessoa de; Monteiro, P. K.; Pascoa, Mario Rui
      1996
      In this paper we address existence of equilibria in an incomplete markets economy with countably many periods and a continuum of states at each node of the infinite tree. We consider two models: one where agents have to ...
    • Information and σ-algebras 

      Hervés-Beloso, Carlos; Monteiro, P. K.
      2013
      In this work, we clarify the relationship between the information that an agent receives from a signal, from an experiment or from his own ability to determine the true state of nature that occurs and the information that ...
    • A note on the continuity of the optimal auction 

      Monteiro, P. K.
      2015
      In the independent private values auction model I study the continuity properties of the optimal auction revenue as a function of the valuations or types distribution. I show that the optimal revenue is lowersemicontinuous ...
    • Uniform payoff security and Nash equilibrium in compact games 

      Monteiro, P. K.; Page Junior, Frank H.
      2007
      We introduce a condition, uniform payoff security, for games with compact Hausdorff strategy spaces and payoffs bounded and measurable in players' strategies. We show that if any such compact game G is uniformly payoff ...