Journal ArticleJournal of the European Economic Association · April 1, 2025
In repeated games, where both collusive and non-collusive outcomes can be supported as equilibria, it is crucial to understand the likelihood of selection for each type of equilibrium. Controlled experiments have empirically validated a selection criterion ...
Full textCite
Journal ArticleManagement Science · June 1, 2023
We analyze the design of a randomization procedure in a field setting with high stakes and substantial public interest: matching sports teams in the Union of European Football Association Champions League. While striving for fairness in the chosen lottery— ...
Full textOpen AccessCite
Journal ArticleEconometrics · June 1, 2020
In this paper, we propose a hybrid version of Dynamic Stochastic General Equilibrium models with an emphasis on parameter invariance and tracking performance at times of rapid changes (recessions). We interpret hypothetical balanced growth ratios as moving ...
Full textOpen AccessCite
