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Your search for "multiple equilibria" over the article keywords returned 57 results.

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1. corruption and economic growth

Theory is divided over the effects of corruption on economic growth. However, the growing consensus based on the empirical literature ...

By Niloy Bose. From The New Palgrave Dictionary of Economics, Online Edition, 2010

2. path dependence

Path dependence refers to the idea that ‘history matters’, that is, that various types of contingent events may have long-term consequences. This article ...

By Steven N. Durlauf. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. econometric issues in the presence of multiple equilibria

Multiplicity of equilibria implies that the relationship between the outcome variable and the exogenous variables characterising a model ...

By Francesca Molinari. From The New Palgrave Dictionary of Economics, Online Edition, 2010

4. tulipmania

This curious speculation in tulip bulbs near four centuries ago has become a modern synonym for and warning about the irrational speculation that may ...

By Peter Garber. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. elasticity of intertemporal substitution

The elasticity of intertemporal substitution (EIS) measures the willingness on the part of the consumer to substitute future consumption for present consumption. ...

By Christopher Bliss. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. redistribution of income and wealth

The topic of redistribution is sometimes interpreted narrowly in rather dry terms: as the description and quantification of the simple fact of change ...

By F.A. Cowell. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. campaign finance, economics of

This article surveys recent work aimed at evaluating the welfare effects of campaign finance reform. The theoretical literature distinguishes two types ...

By Scott Ashworth. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. campaign finance, economics of

This article surveys recent work aimed at evaluating the welfare effects of campaign finance reform. The theoretical literature distinguishes two types ...

By Scott Ashworth. From The New Palgrave Dictionary of Economics, Online Edition, 2012

9. multiple equilibria in macroeconomics

The multiple equilibrium literature seeks explanations for excessive economic volatility, persistent poverty, market fads and fashions, and related macroeconomic ...

By Costas Azariadis. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. signalling and screening

Signalling refers to any activity by a party designed to influence the perception and thereby the actions of other parties. This presupposes that one ...

By Johannes Hörner. From The New Palgrave Dictionary of Economics, Second Edition, 2008