 AUTHOR INDEX GEANAKOPLOS, John
CFDP = Cowles Foundation Discussion Paper; CFP = Cowles
Commission/Foundation Paper (Reprint);
CFM = Cowles Commission/Foundation Monograph; CCDP = Cowles Commission Discussion Paper
Note: Maroon
links are external to this site and require a Yale IP or an electronic
subscription. Individual copies may be ORDERED directly from Cowles.
Cowles Foundation Discussion Papers
(CFDPs) | 1989 | 1996 | 2000 | 2005 | 2010 | 2011 | 2012
| 2013 | CFPs | |
CFDP 634,
"Revelation of Information in Strategic Market Games: A Critique of Rational
Expectations" (November 1982) (with Pradeep Dubey, Martin Shubik) [42pp, abstract] |
CFDP 634R,
"Revelation of Information in Strategic Market Games: A Critique of Rational
Expectations" (Revised March 1985) (with Pradeep Dubey, Martin Shubik) [50pp, abstract] Reprinted in Journal of
Mathematical Economics (1987), 16: 105-137 [CFP 686] |
CFDP 639, "We
Can't Disagree Forever" (July 1982) (with Heracles Polemarchakis) [14pp, abstract] Reprinted in Journal of
Economic Theory (October 1982), 28(1): 192-200 [CFP 552] |
CFDP 640, "On
Implicit Contracts and Involuntary Unemployment" (July 1982) (with Takatoshi Ito)
[46pp, abstract] |
CFDP 641,
"Don't Bet on It" (July 1982) (with James K. Sebenius) [12pp, abstract] Reprinted in Journal of the
American Statistical Association (1983), 78(382): 424-426 of the American
Statistical Association (1983), 78(382): 424-426 [CFP 572] |
CFDP 642, "On
the Disaggregation of Excess Demand Functions" (August 1982) (with Heracles
Polemarchakis) [31pp, abstract] |
CFDP 643,
"Utility Functions for Debreu's 'Excess Demands'" (August 1982) [19pp] Reprinted
in Journal of Mathematical Economics (1984), 13: 1-9 [CFP 600] |
CFDP 651, "A
Geometric Explanation of the Transfer Paradox in a Stable Economy" (November 1982)
(with Geoffrey M. Heal) [24pp] Reprinted in Journal of Development Economics
(1983), 13: 223-236 [CFP 577] |
CFDP 674,
"Multimarket Oligopoly" (August 1983) (with Jeremy I. Bulow, Paul D. Klemperer)
[57pp, abstract] Reprinted in W. Heller,
R. Starr and D. Starrett, (eds., Uncertainty, Information and Communication, Essays in
Honor of Kenneth J. Arrow, Vol. III, Cambridge University Press, 1986, pp. 65-95 [CFP 620] |
CFDP 675,
"Strategic Resource Extraction: When Easy Doesn't Do It" (March 1983) (with
Jeremy I. Bulow) [53pp] |
CFDP 677,
"Intertemporally Separable Overlapping Generations Economies" (September 1983)
(with Heracles M. Polemarchakis) [12pp] Reprinted in Journal of Economic Theory
(December 1984), 34(2): 207-215 [CFP 606] |
CFDP 764,
"Existence, Regularity, and Constrained Suboptimality of Competitive Allocations When
the Asset Market Is Incomplete" (August 1985) (with Heracles M. Polemarchakis) [46pp,
abstract] Reprinted in W. Heller, R.
Starr and D. Starrett, (eds., Uncertainty, Information and Communication, Essays in
Honor of Kenneth J. Arrow, Vol. III, Cambridge University Press, 1986, pp. 65-95 [CFP 652] |
CFDP 770R,
"Real Indeterminacy with Financial Assets" (Revised October 1985) (with Andreu
Mas-Colell) [14pp, abstract] Reprinted
in Journal of Economic Theory (February 1989), 47(1): 22-38 [CFP 721] |
CFDP 773,
"Comparative Statics and Local Indeterminacy in OLG Economies: An Application of the
Multiplicative Ergodic Theorem" (October 1985) (with Donald J. Brown) [34pp, abstract] |
CFDP 775R, "A
Theory of Hierarchies Based on Limited Managerial Attention" (Revised October 1988)
(with Paul Milgrom) [33pp, abstract]
Reprinted in Journal of the Japanese and International Economies (1991), 5: 205-225
[CFP 794] |
CFDP 777, "On
Finitely Repeated Games and Pseudo-Nash Equilibria" (October 1985) (with Chien fu
Chou) [28pp, abstract] |
CFDP 778,
"Walrasian Indeterminacy and Keynesian Macroeconomics" (October 1985) (with H.M.
Polemarchakis) [52pp, abstract]
Reprinted in Review of Economic Studies (1986), 53: 755-779 [CFP 1120] |
CFDP 863,
"Generic Inefficiency of Stock Market Equilibrium When Markets Are Incomplete"
(February 1988) (with M. Magill, M. Quinzii, J. Dreze) [54pp, abstract] Reprinted in Journal of
Mathematical Economics (1990), 19: 113-151 [CFP 751] |
CFDP 864,
"Common Knowledge of Summary Statistics" (February 1988) (with Adam
Brandenburger) [10pp, abstract] |
CFDP 879R,
"Default and Efficiency in a General Equilibrium Model with Incomplete Markets"
(Revised 1989) (with Pradeep Dubey, Martin Shubik) [37pp, abstract] |
CFDP 884R,
"Correlated Equilibrium with Generalized Information Structures" (Revised August
1989) (with Adam Brandenburger, Eddie Dekel) [21pp, abstract] Reprinted in Games and Economic Behavior (1992), 4:
182-20 [CFP 819] |
CFDP 885, "The
Power of Commitment" (September 1988) (with Chien-fu Chou) [44pp, abstract] |
CFDP 900,
"Liquidity and Bankruptcy with Incomplete Markets: Pure Exchange" (February 1989) (with Pradeep Dubey) [60pp, abstract] |
CFDP 901,
"Observability and Optimality" (October 1989) (with Heracles M. Polemarchakis)
[21pp, abstract] Reprinted in Journal
of Mathematical Economics (1990), 19: 153-165 [CFP 752] |
CFDP 902,
"Solving Systems of Simultaneous Equations in Economics" (September 1987,
revised October 1989) (with Wayne Shafer) [31pp, abstract] Reprinted in Journal of Mathematical Economics
(1990), 19: 69-93 [CFP 749] |
CFDP 912,
"Existence of Walras Equilibrium Without a Price Player of Generalized Game"
(June 1989) (with Pradeep Dubey) [11pp, abstract] |
CFDP 913, "The
Capital Asset Pricing Model as a General Equilibrium with Incomplete Markets" (May
1989) (with Martin Shubik) [34pp, abstract]
Reprinted in The Geneva Papers on Risk and Insurance Theory (March 1990), 15(1):
55-71 [CFP 759] |
CFDP 914, "Game
Theory Without Partitions, and Applications to Speculation and Consensus" (May 1989)
[33pp, abstract] |
CFDP 919, "An
Introduction to General Equilibrium with Incomplete Asset Markets" (June 1989) [52pp]
Reprinted in Journal of Mathematical Economics 1990), 19: 1-38 [CFP 750] |
CFDP 1031R,
"Is Gold an Efficient Store of Value?" (Revised February 2002) [15pp, abstract] (with Pradeep Dubey, Martin
Shubik) Reprinted in Economic Theory (2003), 21(4): 767-782 [CFP 1084] |
CFDP 1062,
"Common Knowledge" (August 1993) [73pp, abstract] [CFP 828] |
CFDP 1123R,
"Three Brief Proofs of Arrow's Impossibility Theorem" (April 1996)
[5pp, abstract] |
CFDP 1123R2,
"Three Brief Proofs of Arrow's Impossibility Theorem" (Revised August 2000)
[5pp, abstract] |
CFDP 1123R3,
"Three Brief Proofs of Arrow's Impossibility Theorem" (Revised July 2001)
[5pp] abstract] |
CFDP 1123R4,
"Three Brief Proofs of Arrow's Impossibility Theorem" (Revised August 2004)
[6pp, abstract] Reprinted in Economic
Theory (2005), 26(1): 211-215 [CFP 1116] |
CFDP 1128, "The
Hangman's Paradox and Newcomb's Paradox as Psychological Games" (July 1996) [20pp, abstract] |
CFDP 1131,
"Nash and Walras Equilibrium Via Brouwer" (1996) [17pp, abstract] |
CFDP 1131R,
"Nash and Walras Equilibrium Via Brouwer" (Revised August 2000) [17pp, abstract] |
CFDP 1131R2,
"Nash and Walras Equilibrium Via Brouwer" (Revised July 2001) [17pp, abstract] |
CFDP 1131R3,
"Nash and Walras Equilibrium Via Brouwer" (Revised February 2002) [20pp, abstract] Reprinted in Economic
Theory (2003), 21(2/3): 585-603 [CFP 1058] |
CFDP 1143,
"Promises Promises" (December 1996) [32pp, abstract] Reprinted in W.B. Arthur, S.N. Durlauf and D.A. Lane (eds.),
The Economy as an Evolving Complex System II, 1997, pp. 285-320 [CFP 1057] |
CFDP 1183, "A
Strategic Market Game with Active Bankruptcy" (June 1998) (with I. Karatzas, Martin
Shubik, William Sudderth) [42pp, abstract]
Reprinted in Journal of Mathematical Economics (2000), 34(3): 359-396 [CFP 1008] |
CFDP 1193,
"Social Security Money's Worth" (August 1998) (with Olivia S. Mitchell, Stephen
P. Zeldes [49pp, abstract] Reprinted in
O. Mitchell, R. Myers and H. Young, eds., Prospects for Social Security Reform,
1999, pp. 79-151 [CFP 1005] |
CFDP 1194,
"Would a Privatized Social Security System Really Pay a Higher Rate of Return?"
(August 1998) (with Olivia S. Mitchell, Stephen P. Zeldes [28pp, abstract] Reprinted in Framing the
Social Security Debate: Values, Politics and Economics, edited by R. Douglas Arnond,
Michael J. Graetz and Alicia H. Munnell, 1998, pp. 137-157 [CFP 1002] |
CFDP 1213, "The
Hierarchical Approach to Modeling Knowledge and Common Knowledge" (April 1999) (with
Ronald Fagin, Joseph Y. Halpern, Moshe Y. Vardi) [31pp, abstract] Reprinted in International Journal of Game Theory
(1999), 28: 331-365 [CFP 984] |
CFDP 1247,
"Default in a General Equilibrium Model with Incomplete Markets" (January 2000) (with Pradeep Dubey, Martin Shubik) [68pp, abstract] |
CFDP 1257,
"Inside and Outside Money, Gains to Trade, and IS-LM" (May 2000) (with Pradeep
Dubey) [52pp, abstract] |
CFDP 1257R,
"Inside and Outside Fiat Money, Gains to Trade, and IS-LM" (Revised June 2001)
(with Pradeep Dubey) [55pp, abstract]
Reprinted in Economic Theory (2003), 21(2-3): 347-397 [CFP 1052] |
CFDP 1259,
"Social Security Investment in Equities in an Economy with Short-Term Production and
Land" (June 2000) (with Peter Diamond) [42 pp, abstract] |
CFDP 1268,
"Savings and Portfolio Choice in a Two-Period Two-Asset Model" (July 2000) (with
Saku Aura, Peter Diamond) [9pp, abstract]
Reprinted in The American Economic Review (2002), 92(4): 1185-1191 [CFP 1078] |
CFDP 1304,
"Default and Punishment in General Equilibrium" (May 2001) (with Pradeep Dubey,
Martin Shubik) [47pp, abstract] |
CFDP 1304R,
"Default and Punishment in General Equilibrium" (Revised March 2002) (with
Pradeep Dubey, Martin Shubik) [34pp, abstract] |
CFDP 1304R2,
"Default and Punishment in General Equilibrium" (Revised May 2002) (with Pradeep
Dubey, Martin Shubik) [37pp, abstract] |
CFDP 1304R3,
"Default and Punishment in General Equilibrium" (Revised April 2003) (with
Pradeep Dubey, Martin Shubik) [34pp, abstract] |
CFDP 1304R4,
"Default and Punishment in General Equilibrium" (Revised November 2003) (with
Pradeep Dubey, Martin Shubik) [35pp, abstract] |
CFDP 1304R5,
"Default and Punishment in General Equilibrium" (Revised March 2004) (with
Pradeep Dubey, Martin Shubik) [38pp, abstract]
Reprinted in Econometrica (2005), 73(1): 1-37 [CFP
1108] |
CFDP 1305,
"Signalling and Default: Rothschild-Stiglitz Reconsidered" (May 2001) (with
Pradeep Dubey) [29pp, abstract] |
CFDP 1313,
"International Finance in General Equilibrium" (July 2001) (with D.P. Tsomocos)
[50pp, abstract] Reprinted in Research
in Economics (2002), 56: 85-142 [CFP 1082] |
CFDP 1314,
"Social Security Investment in Equities I: Linear Case" (July 2001) (with Peter
Diamond) [28pp, abstract] |
CFDP 1314R,
"Social Security Investment in Equities" (Revised August 2002) (with Peter
Diamond) (8/2002) [30pp, abstract]
Reprinted in American Economic Review (September 2003), 93(4): 1047-1074 [CFP 1070] |
CFDP 1315,
"Insurance Contracts Designed by Competitive Pooling" (August 2001) (with
Pradeep Dubey) [38pp] abstract] |
CFDP 1316,
"Liquidity, Default and Crashes: Endogenous Contracts in General Equilibrium"
(August 2001) [35pp, abstract] |
CFDP 1316R,
"Liquidity, Default and Crashes: Endogenous Contracts in General Equilibrium"
(Revised March 2002) [35pp, abstract] |
CFDP 1316R2,
"Liquidity, Default and Crashes: Endogenous Contracts in General Equilibrium"
(Revised June 2002) [35pp, abstract]
Reprinted in M. Dewabtripont, L.P. Hansen, and S.J. Turnovsky, eds., Advances in
Economics and Econometrics II, 2003, pp. 170-205 [CFP 1074] |
CFDP 1333,
"Inflationary Bias in a Simple Stochastic Economy" (October 2001) (with Ioannis
Karatzas, Martin Shubik, William D. Sudderth) [25pp, abstract] Reprinted in Economic Theory (August 2006), 28(3):
481-512 [doi:10.1007/s00199-005-0648-z] |
CFDP 1346,
"Competitive Pooling: Rothschild-Stiglitz Reconsidered" (December 2001) (with
Pradeep Dubey) [34pp, abstract] |
CFDP 1346R,
"Competitive Pooling: Rothschild-Stiglitz Reconsidered" (Revised December 2001)
(with Pradeep Dubey) [33pp] abstract] |
CFDP 1346R2,
"Competitive Pooling: Rothschild-Stiglitz Reconsidered" (Revised February 2002)
(with Pradeep Dubey) [35pp, abstract]
Reprinted in Journal of Mathematical Economics (2000), 34(3): 359-396 [CFP 1048] |
CFDP 1360,
"From Nash to Walras via Shapley-Shubik" (April 2002) (with Pradeep Dubey)
[11pp, abstract] Reprinted in Journal
of Mathematical Economics (2003), 39: 391-400 [CFP
1065] |
CFDP 1380,
"Demography and the Long-run Predictability of the Stock Market" (August 2002)
(with Michael Magill, Martine Quinzii) [32pp abstract] |
CFDP 1380R,
"Demography and the Long-run Predictability of the Stock Market" (Revised July
2004) (with Michael Magill, Martine Quinzii) [55pp, abstract] Reprinted in Brookings Papers on Economic Activity
(2004), 1: 241-325 [CFP 1099] |
CFDP 1389,
"Monetary Equilibrium with Missing Markets" (December 2002) (with Pradeep Dubey)
[37pp, abstract] Reprinted in ournal of Mathematical
Economics (2003), 39(5-6): 585-618 [CFP 1063] |
CFDP 1424, "The
Harmonic Fisher Equation and the Inflationary Bias of Real Uncertainty" (June 2003)
(with Ioannis Karatzas, Martin Shubik, William Sudderth) [27pp, abstract] |
CFDP 1424R,
"The Inflationary Bias of Real Uncertaintyand the Harmonic Fisher Equation"
(Revised August 2004) (with Ioannis Karatzas, Martin Shubik, William Sudderth) [29pp, abstract] Reprinted in Economic Theory (2006),
28(3): 481-512 [CFP 1201] |
CFDP 1427,
"Real Determinacy with Nominal Assets" (June 2003) (with Pradeep Dubey) [31pp, abstract] |
CFDP 1427R,
"Determinacy with Nominal Assets and Outside Money" (Revised November 2004)
(with Pradeep Dubey) [29pp, abstract]
Reprinted in Economic Theory (2006), 27(1): 79-106 [CFP 1199] |
CFDP 1429, "The
Ideal Inflation Indexed Bond and Irving Fisher's Impatience Theory of Interest in an
Overlapping Generations World" (July 2003) [40pp, abstract] Reprinted in R. Dimand and J. Geanakoplos, eds., Celebrating
Irving Fisher: The Legacy of a Great Economist. Blackwell, 2005 and American
Journal of Economics and Sociology (2005), 64(1):257-306 [CFP 1111] |
CFDP 1449,
"Dollar Denominated Debt and Optimal Security Design" (December 2003) (with
Felix Kubler) [30pp, abstract] |
CFDP 1467,
"Grading Exams: 100, 99, ..., 1 or A, B, C? Incentives in Games of Status" (July
2004) (Pradeep Dubey) [34pp, abstract]
[See CFDP 1710] |
CFDP 1468,
"Non-Monotone Liquidity Under-Supply" (July 2004) (with Ana Fostel) [28pp, abstract] |
CFDP 1468R,
"Collateral Restrictions and Liquidity Under-Supply: A Simple Model (Revised August
2006) (with Ana Fostel) [31pp, abstract]
Reprinted in Economic Theory (2008), 35: 441-467 [CFP 1236] |
CFDP 1537,
"Prizes versus Wages with Envy and Pride" (October 2005) (with
Pradeep Dubey, Ori Haimanko) [25pp, abstract]
Reprinted in Japanese Economic Review (2012) [CFP
1367] |
CFDP 1544,
"Grading in Games of Status: Marking Exams and Setting Wages" (December 2005)
(with Pradeep Dubey) [48pp, abstract] |
CFDP 1544R,
"Grading in Games of Status: Marking Exams and Setting Wages" (Revised January
2006) (with Pradeep Dubey) [44pp, abstract] |
CFDP 1574,
"Money and Production, and Liquidity Trap" (2006) (with Pradeep Dubey) [26pp, abstract] Reprinted in International
Journal of Economic Theory (2006), 2(3/4): 295-317 [CFP
1200] |
CFDP 1576,
"Pareto Improving Taxes" (August 2006) (with H.M. Polemarchakis) [27pp, abstract] Reprinted in Journal of
Mathematical Economics (2008), 44: 682-696 [CFP
1235] |
CFDP 1646,
"Emerging Markets in an Anxious Global Economy" (March 2008) (with Ana Fostel)
[53pp, abstract] [CFP 1233] |
CFDP 1647, "The
Virtues and Vices of Equilibrium and the Future of Financial Economics" (March 2008)
(with John Geanakoplos) [68pp, abstract]
Reprinted in Complexity (Jan/Feb 2009), 14(3): 11-38 [CFP
1274] |
CFDP 1662,
"Pareto Improving Taxes" (May 2008) (with H.M. Polemarchakis) [28pp, abstract] Reprinted in Journal of
Mathematical Economics (2008), 44: 682-696 [CFP
1235] |
CFDP 1663,
"Overlapping Generations Models of General Equilibrium" (May 2008) [40pp, abstract] Reprinted in Steven N. Durlauf
and Lawrence E. Blume, eds., The New Palgrave Dictionary of Economics, 2d ed.
Palgrave Macmillan, 2008 [CFP 1275] |
CFDP 1664,
"Reforming Social Security with Progressive Personal Accounts" (May 2008) (with
Stephen P. Zeldes) [55pp, abstract]
Reprinted in Jeffrey R. Brown, Jeffrey B. Liebman and David A. Wise, eds., Social
Security Policy in a Changing Environment. University of Chicago Press, 2009, pp.
73-121 [CFP 1276] |
CFDP 1708,
"Inflationary Equilibrium in a Stochastic Economy with Independent Agents" (June
2009) [30pp, abstract] (with Ioannis Karatzas, Martin
Shubik, William D. Sudderth) |
CFDP 1709,
"Credit Cards and Inflation" (June 2009) (with Pradeep Dubey) [50pp, abstract] Forthcoming in Games and
Economic Behavior (2010) Reprinted in Games and Economic Behavior (November
2010), 70(2): 325-353 (with Pradeep Dubey) |
CFDP 1710,
"Grading Exams: 100, 99, 98,...or A, B, C?" (June 2009) (with Pradeep
Dubey) [37pp, abstract] Reprinted
in Games and Economic Behavior (2010), 69(1): 72-94 [CFP 1302] |
CFDP 1711,
"Market Valuation of Accrued Social Security Benefits" (June 2009) (with Stephen
P. Zeldes) [31pp, abstract] Reprinted in
Deborah Lucas, ed., Measuring and Managing Federal Financial Risk. Chicago:
University of Chicago Press, pp. 213-233 [CFP
1303 |
CFDP 1715, "The
Leverage Cycle" (July 2009) [54pp, abstract]
|
CFDP 1715R,
"The Leverage Cycle" (Revised January 2010) [57pp, abstract] Reprinted in D. Acemoglu, K.
Rogoff and M. Woodford, eds., NBER Macroeconomics Annual 2009. Chicago:
University of Chicago Press, vol. 24, pp. 1-65 [CFP 1304] |
CFDP 1719,
"Hyperbolic Discounting Is Rational: Valuing the Far Future with Uncertain Discount
Rates" (August 2009) (with J. Doyne Farmer) [17pp, abstract] |
CFDP 1745,
"Leverage Causes Fat Tails and Clustered Volatility" (January 2010)
(with Stefan Thurner, J. Doyne Farmer) [19pp, abstract] |
CFDP 1745R,
"Leverage Causes Fat Tails and Clustered Volatility" (January 2010, Revised
November 2011) (with Stefan Thurner, J. Doyne Farmer) [14pp, abstract] Reprinted in Quantitative
Finance (May 2012), 12:5: 695-707 [CFP 1371] |
CFDP 1751,
"Solving the Present Crisis and Managing the Leverage Cycle" (January 2010)
[48pp, abstract] Reprinted in Federal
Reserve Bank of New York Economic Policy Review (August 2010), pp. 101-131 [CFP 1305] |
CFDP 1762, "Why
Does Bad News Increase Volatility and Decrease Leverage?" (July 2010) (with Ana
Fostel) [34pp, abstract] |
CFDP 1762R,
"Why Does Bad News Increase Volatility and Decrease Leverage?" (July 2010,
Revised January 2011) (with Ana Fostel) [42pp, abstract] |
CFDP 1762RR,
"Why Does Bad News Increase Volatility and Decrease Leverage?" (July 2010,
Revised January 2011) (with Ana Fostel) [47pp, abstract] Reprinted in Journal of Economic Theory (March 2012),
147(2): 501-525 [CFP 1354] |
CFDP 1800,
"Endogenous Leverage: VaR and Beyond" (May 2011) (with Ana
Fostel) [abstract, 30pp] |
CFDP 1809,
"Tranching, CDS and Asset Prices: How Financial Innovation Can Cause Bubbles and
Crashes" (July 23, 2011) (with Ana Fostel) [abstract, 47pp] |
CFDP 1809R,
"Tranching, CDS and Asset Prices: How Financial Innovation Can Cause Bubbles and
Crashes" (July 2011, Revised August 2011) (with Ana Fostel) [48pp, abstract] Reprinted in American
Economic Journal: Macroeconomics (January 2012), 4(1): 190-225 [CFP 1353] |
CFDP 1835,
"Prizes versus Wages with Envy and Pride" (November 2011) (with Pradeep Dubey,
Ori Haimanko) [26pp, abstract] Reprinted
in Japanese Economic Review (2012) [CFP
1367] |
CFDP 1837,
"Greek Debt and American Debt: Graduation Speech at the University of Athens
Economics and Business School" (November 2011) [13pp, abstract] |
CFDP 1838,
"Monitoring Leverage" (November 2011) (with Lasse H. Pedersen) [18pp, abstract] |
CFDP 1852,
"Getting at Systemic Risk via an Agent-Based Model of the Housing Market" (March
2012) (with Robert Axtell, Doyne J. Farmer, Peter Howitt, Benjamin
Conlee, Jonathan Goldstein, Matthew Hendrey, Nathan M. Palmer, Chun-Yi Yang) [13pp, abstract] Reprinted in American Economic
Review: Papers & Proceedings (May 2012), 102(3): 53-58 [CFP 1358] |
CFDP 1877,
"Endogenous Leverage in a Binomial Economy: The Irrelevance of Actual Default"
(September 2012) (with Ana Fostel) [43pp, abstract] |
CFDP 1877R,
"Leverage and Default in Binomial Economies: A Complete Characterization"
(September 2012, Revised July 2013) (with Ana Fostel) [39pp, abstract] |
CFDP 1903,
"Financial Innovation, Collateral and Investment" (July 2013)
(with Ana Fostel) [39pp, abstract] |
CFDP 1904,
"Afriat from MaxMin" (August 2013) [7pp, abstract] |
CFDP 1906,
"Collateral Equilibrium: A Basic Framework" (August 2013) (with William R. Zame)
[59pp, abstract] |
|
Cowles Foundation Papers
(Reprints) (CFPs) |
CFP 544,
"Incomplete Insurance and Absolute Risk Aversion." Economics Letters
(1981), 8: 107-112 (with Haruo Imai, Takatoshi Ito) |
CFP 552, "We
Can't Disagree Forever." Journal of Economic Theory (October 1982), 28(1):
192-200 (with Heracles M. Polemarchakis) [CFDP 639] |
CFP 572, "Don't
Bet on It: Contingent Agreements with Asymmetric Information." Journal of the
American Statistical Association (1983), 78(382): 424-426 (with James K. Sebenius)
[CFDP 641] |
CFP 577, "A
Geometric Explanation of the Transfer Paradox in a Stable Economy." Journal of
Development Economics (1983), 13: 223-236 (with Geoffrey M. Heal) [CFDP 651] |
CFP 600,
"Utility Functions for Debreu's Excess Demands." Journal of Mathematical
Economics (1984), 13: 1-9 [CFDP 643] |
CFP 606,
"Intertemporally Separable, Overlapping-Generations Economies." Journal of
Economic Theory (December 1984), 34(2): 207-215 (with Heracles M. Polemarchakis) [CFDP
677] |
CFP 609,
"Holding Idle Capacity to Deter Entry." The Economic Journal (March
1985), 95: 178-183 (with Jeremy I. Bulow, Paul Klemperer) |
CFP 620,
"Multimarket Oligopoly: Strategic Substitutes and Complements." Journal of
Political Economy (1985), 93(3): 488-511 (with Jeremy I. Bulow, Paul Klemperer) [CFDP
674] |
CFP 652,
"Existence, Regularity, and Constrained Suboptimality of Competitive Allocations When
the Asset Market Is Incomplete." In W. Heller, R. Starr and D. Starrett, (eds., Uncertainty,
Information and Communication, Essays in Honor of Kenneth J. Arrow, Vol. III,
Cambridge University Press, 1986, pp. 65-95 (with Heracles M. Polemarchakis) [CFDP 764] |
CFP 686, "The
Revelation of Information in Strategic Market Games." Journal of Mathematical
Economics (1987), 16: 105-137 (with Pradeep Dubey, Martin Shubik) [33pp] [CFDP 634R] |
CFP 721, "Real
Indeterminacy with Financial Assets." Journal of Economic Theory (February
1989), 47(1): 22-38 (with Andreu Mas-Colell) [CFDP 770R] |
CFP 726,
"Psychological Games and Sequential Rationality." Games and Economic Behavior
(1989), 1: 60-79 (with David Pearce, Ennio Stacchetti) |
CFP 749,
"Solving Systems of Simultaneous Equations in Economics." Journal of
Mathematical Economics (1990), 19: 69-93 (with Wayne Shafer) [CFDP 902] |
CFP 750, "An
Induction to General Equilibrium with Incomplete Asset Markets." Journal of
Mathematical Economics 1990), 19: 1-38 [CFDP 919] |
CFP 751,
"Generic Inefficiency of Stock Market Equilibrium When Markets are Incomplete." Journal
of Mathematical Economics (1990), 19: 113-151 (with M. Magill, M. Quinzii, J. Dréze)
[CFDP 863] |
CFP 752,
"Observability and Optimality." Journal of Mathematical Economics (1990),
19: 153-165 (with Heracles M. Polemarchakis) [CFDP 901] |
CFP 759, "The
Capital Asset Pricing Model as a General Equilibrium with Incomplete Markets." The
Geneva Papers on Risk and Insurance Theory (March 1990), 15(1): 55-71 (with Martin
Shubik) [CFDP 913] |
CFP 794, "A
Theory of Hierarchies Based on Limited Managerial Attention." Journal of the
Japanese and International Economies (1991), 5: 205-225 (with Paul Milgrom) [CFDP
775R] |
CFP 797, "When
Seeing Further Is Not Seeing Better." Bulletin of the Santa Fe Institute
(1991), 6(2): 1-6 (with Larry Gray) |
CFP 819,
"Correlated Equilibrium with Generalized Information Structures." Games and
Economic Behavior (1992), 4: 182-201 (with Adam Brandenburger, Eddie Dekel) [CFDP
884R] |
CFP 828,
"Common Knowledge." Journal of Economic Perspectives (Fall 1992), 6(4):
53-82 [CFDP 1062] |
CFP 873,
"Stationary Markov Equilibria." Econometrica (July 1994), 62(4): 745-781
(with D. Duffie, Andreu Mas-Colell, A. McLennan) |
CFP 882,
"Common Knowledge." In R.J. Aumann and S. Hart, eds., Handbook of Game Theory,
Vol. 2, 1994, pp. 1437-1496 |
CFP 901, "The
Value of Money in a Finite-Horizon Economy: A Role for Banks." In Partha Dasgupta,
Douglas Gale, Oliver Hart and Eric Maskin, eds., Economic Analysis of Markets and Games,
1992, pp. 407-444 (with Pradeep Dubey) |
CFP 984, "The
Hierarchical Approach to Modeling Knowledge and Common Knowledge." International
Journal of Game Theory (1999), 28: 331-365 (with Ronald Fagin, Joseph Y. Halpern,
Moshe Y. Vardi) [CFDP 1213] |
CFP 1002,
"Would a Privatized Social Security System Really Pay a Higher Rate of Return?"
In Framing the Social Security Debate: Values, Politics and Economics, edited by R.
Douglas Arnond, Michael J. Graetz and Alicia H. Munnell, 1998, pp. 137-157 (with Olivia S.
Mitchell, Stephen P. Zeldes) [CFDP 1194] |
CFP 1005,
"Social Security Money's Worth." In O. Mitchell, R. Myers and H. Young, eds., Prospects
for Social Security Reform, 1999, pp. 79-151 (with John Geanakoplos, Olivia S.
Mitchell, Stephen P. Zeldes) [CFDP 1193] |
CFP 1008, "A Strategic
Market Game with Active Bankruptcy." Journal of Mathematical Economics (2000),
34(3): 359-396 (with Ioannis Karatzas, Martin Shubik, William Sudderth) [CFDP 1183] |
CFP 1048, "Competitive
Pooling: Rothschild-Stiglitz Reconsidered." Quarterly Journal of Economics
(November 2002), 117(4): 1529-1570 (with Pradeep Dubey) [CFDP 1346RR] |
CFP 1052, "Inside and Outside
Fiat Money, Gains to Trade, and IS-LM." Economic Theory (2003), 21(2-3):
347-397 (with Pradeep Dubey) [CFDP 1257R] |
CFP 1057, "Promises
Promises." In W.B. Arthur, S.N. Durlauf and D.A. Lane (eds.), The Economy as an
Evolving Complex System II, 1997, pp. 285-320 [CFDP 1143] |
CFP 1058, "Nash and Walras
Equilibrium via Brouwer." Economic Theory (2003), 21(2/3): 585-603 [CFDP
1131R3] |
CFP 1063, "Monetary
Equilibrium with Missing Markets." Journal of Mathematical Economics (2003),
39(5-6): 585-618 (with Pradeep Dubey) [CFDP 1389] |
CFP 1065, "From Nash to
Walras via Shapley-Shubik." Journal of Mathematical Economics (2003), 39:
391-400 (with Pradeep Dubey) [CFDP 1360] |
CFP 1070, "Social Security
Investment in Equities." American Economic Review (September 2003), 93(4):
1047-1074 (with Peter Diamond) [CFDP 1314R] |
CFP 1074, "Liquidity, Default, and Crashes." In M.
Dewabtripont, L.P. Hansen, and S.J. Turnovsky, eds., Advances in Economics and
Econometrics II, 2003, pp. 170-205 [CFDP 1316RR] |
CFP 1078, "Savings and
Portfolio Choce in a Two-Period Two-Asset Model." The American Economic Review
(2002), 92(4): 1185-1191 (with Saku Aura, Peter Diamond) [CFDP 1268] |
CFP 1082, "International Finance
in General Equilibrium." Research in Economics (2002), 56: 85-142 (with
Dimitrios Tsomocos) [CFDP 1313] |
CFP 1084, "Is Gold an
Efficient Store of Value?" Economic Theory (2003), 21(4): 767-782 (with
Pradeep Dubey, Martin Shubik) [CFDP 1031R] |
CFP 1090, "The
Arrow-Debreu Model of General Equilibrium." In I. Eatwell, M. Milgate, and P. Newman,
eds., The New Palgrave Dictionary of Money and Finance, Vol. 1, 1987, pp. 116-123 |
CFP 1093, "The
Overlapping Generations Model of General Equilibrium." In I. Eatwell, M. Milgate, and
P. Newman, eds., The New Palgrave Dictionary of Money and Finance, Vol. 1, 1987,
pp. 767-779 |
CFP 1099, "Demography and the Long-Run
Predictability of the Stock Market." Brookings Papers on Economic Activity
(2004), 1: 241-325 (with Michael Magill, Martine Quinzii) [CFDP 1380R] |
CFP 1108, "Default and
Punishment in General Equilibrium." Econometrica (2005), 73(1): 1-37 (with
Pradeep Dubey, Martin Shubik) [CFDP 1304R5] |
CFP 1111,
"The Ideal Inflation-Indexed Bond and Irving Fisher's Impatience Theory of Interest
with Overlapping Generations." In R. Dimand and J. Geanakoplos, eds., Celebrating
Irving Fisher: The Legacy of a Great Economist. Blackwell, 2005 and American
Journal of Economics and Sociology (2005), 64(1):257-306 [CFDP 1429] |
CFP 1116, "Three Brief Proofs
of Arrow's Impossibility Theorem." Economic Theory (2005), 26(1): 211-215
[CFDP 1123R4] |
CFP 1120,
"Walrasian Indeterminacy and Keynesian Macroeconomics." Review of Economic
Studies (1986), 53: 755-779 (with H.M. Polemarchakis) [CFDP 778] |
CFP 1121, "A
Note on the Economic Rationalization of Gun Control." Economics Letters
(1998), 58(1): 51-53 (with Vivek Chaudhri) |
CFP 1198, "Introduction," to Celebrating
Irving Fisher: The Legacy of a Great Economist, ed. by J. Geanakoplos and R. Dimand. American
Journal of Economics and Sociology (2005), 64(1): 3-18 |
CFP 1199, "Determinacy with
Nominal Assets and Outside Money." Economic Theory (2006), 27(1): 79-106
(with Pradeep Dubey) [CFDP 1427R] |
CFP 1200, "Money and
Production, and Liquidity Trap." International Journal of Economic Theory
(2006), 2(3/4): 295-317 (with Pradeep Dubey) [CFDP 1574] |
CFP 1201, "The Inflationary
Bias of Real Uncertainty and the Harmonic Fisher Equation," Economic Theory
(2006), 28(3): 481-512 (with Ioannis Karatzas, Martin Shubik, William Sudderth) [CFDP
1424R] |
CFP 1233, "Leverage Cycles and the
Anxious Economy." American Economic Review (2008), 98(4): 1211-1244 (with
Ana Fostel) [CFDP 1646] |
CFP 1235, "Pareto
Improving Taxes." Journal of Mathematical Economics (2008), 44: 682-696
(with H.M. Polemarchakis) [CFDP 1576 & CFDP 1662] |
CFP 1236, "Collateral
Restrictions and Liquidity Under-Supply: A Simple Model." Economic Theory
(2008), 35: 441-467 (with Ana Fostel) [CFDP 1468R] |
CFP 1274, "The Virtues and Vices of Equilibrium and
the Future of Financial Economics." Complexity (Jan/Feb 2009), 14(3): 11-38
(with J. Doyne Farmer) [CFDP 1647] |
CFP 1275, "Overlapping
Generations Model of General Equilibrium." In Steven N. Durlauf and Lawrence E.
Blume, eds., The New Palgrave Dictionary of Economics, 2d ed. Palgrave Macmillan,
2008 [CFDP 1663] |
CFP 1276,
"Reforming Social Security with Progressive Personal Accounts." In Jeffrey R.
Brown, Jeffrey B. Liebman and David A. Wise, eds., Social Security Policy in a
Changing Environment. University of Chicago Press, 2009, pp. 73-121 (with Stephen P.
Zeldes) [CFDP 1664] |
CFP 1302, "Grading Exams: 100, 99, 98,... A, B,
C?" Games and Economic Behavior (2010), 69(1): 72-94 (with Pradeep Dubey)
[CFDP 1710] |
CFP 1303,
"Market Valuation of Accrued Social Security Benefits." In Deborah Lucas, ed., Measuring
and Managing Federal Financial Risk. Chicago: University of Chicago Press, pp.
213-233 (with Stephen P. Zeldes) [CFDP 1711] |
CFP 1304, "The
Leverage Cycle." In D. Acemoglu, K. Rogoff and M. Woodford, eds., NBER
Macroeconomics Annual 2009. Chicago: University of Chicago Press, vol. 24, pp. 1-65
[CFDP 1715R] |
CFP 1305,
"Solving the Present Crisis and Managing the Leverage Cycle." Federal
Reserve Bank of New York Economic Policy Review, August 2010, pp. 101-131 [CFDP 1751] |
CFP 1306,
"Managing the Leverage Cycle: A Brief Talk in Milan with Questions and Answers."
Dopo la Crisi: Conseguenze Economiche, Finanziarie e Sociali, Centro Nazionale di
Prevenzione e Difesa Sociale, 2010 |
CFP 1330, "Credit Cards and Inflation," Games
and Economic Behavior (November 2010), 70(2): 325-353 (with Pradeep Dubey) [CFDP 1709,
abstract, 500pp] |
CFP 1331, "Incorporating Financial
Features into Macroeconomics: Discussion," in Macroeconomic Challenges: The Decade
Ahead. Jackson Hole, Federal Reserve Bank of Kansas City Economic Policy Symposium,
2010 |
CFP 1332, "What's Missing from
Macroeconomics: Endogenous Leverage and Default," in Marek Jarocinski, Frank Smets,
and Christian Thimann (eds.), Approaches to Monetary Policy Revisited -- Lesson from
the Crisis, Sixth ECB Central Banking Conference 18-19 November 2010, European Central
Bank, 2011, pp. 220-238 |
CFP 1342, "Markets and
Contracts," Journal of Mathematical Economics (May 2011), 47(3): 279-288
(with A. Bisin, P. Gottardi, E. Minelli, H. Polemarchakis) |
CFP 1353, "Tranching, CDS, and Asset
Prices: How Financial Innovation Can Cause Bubbles and Crashes," American
Economic Journal: Macroeconomics (January 2012), 4(1): 190-225 (with Ana Fostel)
[CFDP 1809R] |
CFP 1354, "Why Does Bad
News Increase Volatility and Decrease Leverage?" Journal of Economic Theory
(March 2012), 147(2): 501-525 (with Ana Fostel) [CFDP 1762RR] |
CFP 1358, "Getting at Systemic Risk
via an Agent-Based Model of the Housing Market," American Economic Review: Papers
& Proceedings (May 2012), 102(3): 53-58 (with Robert Axtell, Doyne J. Farmer,
Peter Howitt, Benjamin Conlee, Jonathan Goldstein, Matthew Hendrey, Nathan M. Palmer,
Chun-Yi Yang) [CFDP 1852] |
CFP 1367, "Prizes versus Wages with Envy and
Pride," Japanese Economic Review (2012) (with Pradeep Dubey, Ori Haimanko) [CFDP 1537 and CFDP 1835] |
CFP 1371, "Leverage Causes Fat Tails
and Clustered Volatility," Quantitative Finance (May 2012), 12:5: 695-707
(with Stefan Thurner, J. Doyne Farmer) [CFDP
1745R] |
|
|