In his book Marktform und Gleichgewicht, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of sequential competition. In a work of great originality ...
We investigate how the initial distribution of scarce human resources determines the equilibrium industry structure. Using a two-firm competition model with resource-dependent production technology, ...
This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy ...
Green, Jerry R. "A Simple General Equilibrium Model of the Term Structure of Interest Rates." Harvard Institute of Economic Research Discussion Paper, No. 183, January 1971.
Investigating solar corona structures has led Paul Bellan, Caltech professor of applied physics, and his former graduate student Yang Zhang (Ph.D. '24) to discover a new equilibrium state of the ...