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Your search for "pooling equilibrium" over the article keywords returned 6 results.

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1. 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

2. principal and agent (ii)

The principal–agent literature is concerned with how the principal (say an employer) can design a compensation system (a contract) which ...

By Joseph E. Stiglitz. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. mechanism design (new developments)

Mechanism design concerns the question: given some desirable outcome, can we design a game which produces it? This theory provides a foundation for many ...

By Sandeep Baliga and Tomas Sjöström. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. general equilibrium (new developments)

General equilibrium theory is the theory of mass markets. The foundations of general equilibrium theory were laid in the late 19th and early 20th centuries ...

By William Zame. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. Stiglitz, Joseph E. (born 1943)

Joseph E. Stiglitz, 2001 Nobel Laureate in Economics, helped to create the theory of markets with asymmetric information and was one of the founders of ...

By Karla Hoff. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. fiat money

Fiat money is an intrinsically useless object that serves as a medium of exchange. One challenge is to construct models that depict the ancient notion ...

By Neil Wallace. From The New Palgrave Dictionary of Economics, Second Edition, 2008