The project focuses on some economic models in which either the presence of convexity or its absence due to indivisibililities play an important role; some of these models can be described by cooperative games. The main research topics will be: 1) Conditions for the monotonicity of demand correspondances 2) Quasiconcave production functions with decreasing returns to scale 3) Assignment descentralization with indivisible goods 4) Bilateral markets with search costs and incomplete information 5) Walserian equilibria in economies with asymmetric information 6) Assignment problems: solutions, properties and comparative statics 7) Actuarial applications of cooperative game theory
|Effective start/end date||1/12/02 → 1/12/05|
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