理论经济学

We study the impact of economic integration on agglomeration in a model where all consumers are inter-regionally mobile and have heterogeneous preferences regarding their residential location choices. This heterogeneity is the unique…

We study the ability of different classes of voting rules to induce agents to report their preferences truthfully, if agents want to avoid regret. First, we show that regret-free truth-telling is equivalent to strategy-proofness among…

Choices based on observational data depend on beliefs about which correlations reflect causality. An agent predicts the consequence of available actions using a dataset and her subjective beliefs about causality represented by a directed…

We investigate a possible category theoretical description for agent based modeling by outlining justifications for two main principles to describe the valuations in a realistic way in microeconomics: 1) It is assumed that the valuations…

We show that a replicated state machine (such as a blockchain protocol) can retain liveness in a strategic setting even while facing substantial ambiguity over certain events. This is implemented by a complementary protocol called "Machine…

This paper investigates effective strategies for dealing with workplace bullying perpetrated by a narcissistic boss. Adopting a game-theoretic framework, we propose a three-stage sequential game with a simultaneous form game, incorporating…

In this paper, we analyze how global optima of an agent's preferences can be reconstructed from the solutions found for local problems. A sheaf-theoretic analysis provides an abstract characterization of the global solution, and polynomial…

In two-sided matching markets with contracts, quantile (or generalized median) stable mechanisms represent an interesting class that produces stable allocations which can be viewed as compromises between both sides of the market. These…

We present novel monotone comparative statics results for steady-state behavior in a dynamic optimization environment with misspecified Bayesian learning. Building on \cite{ep21a}, we analyze a Bayesian learner whose prior is over…

This paper links matching markets with aligned preferences to optimal transport theory. We show that stability, efficiency, and fairness emerge as solutions to a parametric family of optimal transport problems. The parameter reflects…

A buyer and a seller bargain over the price of an object. Both players can build reputations for being obstinate by offering the same price over time. Before players bargain, the seller decides whether to adopt a new technology that can…

The core-periphery model with transport costs in differentiated agriculture is extended to continuous space. A homogeneous stationary solution is unstable but exhibits redispersion that it is stabilized by sufficiently low manufacturing…

This document contains all proofs omitted from our working paper 'Screening for breakthroughs'; specifically, the March 2025 version of the paper (arXiv:2011.10090v9).

We model endogenous perception of private information in single-agent screening problems, with potential evaluation errors. The agent's evaluation of their type depends on their cognitive state: either attentive (i.e., they correctly…

We analyze a nonlinear pricing model where the seller controls both product pricing (screening) and buyer information about their own values (persuasion). We prove that the optimal mechanism always consists of finitely many signals and…

As a unified theory of sentient behaviour, active inference is formally intertwined with multiple normative theories of optimal behaviour. Specifically, we address what we call the subsumption thesis: The claim that expected utility from…

A platform commits to a search algorithm that maps prices to search order. Given this algorithm, sellers set prices, and consumers engage in sequential search. This framework generalizes the ordered search literature. We introduce a special…

The desirable gambles framework provides a rigorous foundation for imprecise probability theory but relies heavily on linear utility via its coherence axioms. In our related work, we introduced function-coherent gambles to accommodate…

This model offers a compelling explanation for the observed decline in fertility rates in developed countries, correlating it with the rising economic status of women, and thereby providing valuable insights for policy-making. In summary,…

This paper introduces a framework for finite non-cooperative games where each player faces a globally uncertain parameter with no common prior. Every player chooses both a mixed strategy and projects an emergent subjective prior to the…