Economic Theory
Game theory, mechanism design, and microeconomic foundations.
econ.TH · 87 papersIs Complexity the Problem? Testing Random Choice with Heterogeneity
A new framework tests if stochastic economic choices are due to comparison difficulty or preference heterogeneity, finding heterogeneity often explains it.
Integrating equity and productivity in health evaluation
This paper introduces a unified framework for health evaluation that jointly incorporates equity and productivity, extending traditional QALYs and PALYs.
Strategy-proof and Efficient Job Matching with Participation Constraints
This paper analyzes the VCG mechanism's strategy-proofness, efficiency, and individual rationality for job matching under various firm utility conditions.
Partition function form games with probabilistic beliefs
This paper introduces probabilistic beliefs into partition function games to analyze core non-emptiness under various externalities.
Networked Information Aggregation for Binary Classification
This paper analyzes networked binary classification on DAGs, showing network depth is a bottleneck for information aggregation in sequential logistic regression.
Principal-agent problems with adverse selection: A stochastic target problem formulation
This paper reformulates principal-agent problems with adverse selection and unique contracts into stochastic target and optimal control problems.
Strategy Rescaling and the Stability of Kantian Optimization
Kantian optimization, through strategy rescaling, can neutralize Nash free-riders and achieve stable cooperation, proving evolutionarily stable.
Computing Equilibrium beyond Unilateral Deviation
This paper introduces a new equilibrium concept that minimizes coalitional deviation incentives, guaranteeing existence and providing algorithms for computation.
Extreme Equilibria: The Benefits of Correlation
This paper shows that Nash equilibria with three or more randomizing agents can almost always be improved using correlated strategies.
Many-to-many stable matching in large economies
This paper develops a method to transfer stability existence results from finite to large many-to-many matching models, showing tree-stable and pairwise-stable outcomes exist.
Measuring Choice Difficulty
This paper shows that common measures of choice difficulty (understanding, randomness, confidence) are generally unrelated, providing a framework for their relationship.
A simple characterization of single-peaked domains
A simple characterization of single-peaked domains on a tree is achieved through the strategy-proofness of extreme rules.
Dynamic Cheap Talk without Feedback
This paper shows that dynamic interaction in cheap talk games without feedback partially restores commitment, allowing specific persuasion model payoffs to be achieved.
Sequential Equilibria in a Class of Infinite Extensive Form Games
This paper defines sequential equilibrium for a new class of infinite extensive-form games, ensuring existence and refinement of Nash equilibria.
The Core in a Distributional Economy
This paper shows core analysis and blocking coalitions can be identified in distributional economies, providing a new proof of core-equivalence.
Coordination in complex environments
This paper studies coordination in complex environments, identifying a new conformity phenomenon that influences exploration or status-quo bias.
Comonotonic improvement under feasibility constraints
This paper identifies 'componentwise convex-order solidity' as a condition for preserving comonotonic improvement in risk-sharing problems with feasibility constraints.
Decomposing Common Agency
This paper introduces a decomposition method for common agency games, simplifying principals' best-response to a screening problem and revealing new equilibrium structures.
Rigidity and default in production networks
This paper explores how informational rigidity and external debt in production networks transmit productivity shocks, leading to default and welfare losses.
Fast Core Identification
A new algorithm identifies core allocations in matching markets in optimal $\bigO{n}$ time, outperforming full TTC computation.
📬 Weekly AI Paper Digest
Get the top 10 AI/ML arXiv papers from the week — summarized, scored, and delivered to your inbox every Monday.