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Your search for "separating equilibrium" over the article keywords returned 9 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. adverse selection

A market exhibits adverse selection when the inability of buyers to distinguish among products of different quality results in a bias towards the supply ...

By Charles Wilson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. core convergence

The core of an economy is the set of all economic outcomes that cannot be ‘blocked’ by any group of individuals; it is an institution-free concept. A ...

By Robert M. Anderson. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. 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

5. Debreu, Gerard (1921–2004)

This article surveys the life and work of Gerard Debreu. Although his research was largely confined to general equilibrium theory and ...

By Lawrence E. Blume. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. growth models, multisector

Multisector growth models have been increasingly used since the 1980s. The duality between growth models and dynamic general equilibrium models renders ...

By W. A. Brock and W. D. Dechert. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. 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

8. Modigliani–Miller theorem

The Modigliani–Miller theorem provides conditions under which a firm's financial decisions do not affect its value. The theorem is one of the first formal ...

By Anne P. Villamil. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. Arrow–Debreu model of general equilibrium

In the 1950s Kenneth Arrow and Gerard Debreu showed that the market system could be comprehensively analysed in terms of the neoclassical ...

By John Geanakoplos. From The New Palgrave Dictionary of Economics, Second Edition, 2008