# University of Bonn, Germany

# Discussion Paper Serie B

Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany

Fax: +49 228 73 6884

Web page: http://www.bgse.uni-bonn.de

Fax: +49 228 73 6884

Web page: http://www.bgse.uni-bonn.de

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New evidence for cointegrated time series***by*Schmidt,Roland**183 Learning in a class of non-zero-sum two-person games, PartI***by*Krelle,Wilhelm**182 Learning in a class of non-zero-sum two-person games Part I***by*Krelle,Wilhelm**:181 Envy,greed and anticipation in ultimatum games with incomplete information: An experimental study***by*Mitzkewitz,Michael & Nagel,Rosemarie**179 The efficaciousness of small groups and the approximate core property in games without side payments: Some first results***by*Wooders,Myrna**178 Necessary and sufficient conditions for the approximate core property***by*Wooders,Myrna**177 Equilibrium with a finite number of pricing functions***by*Vaidievutis,Geralavicius**175 Estimating parameters of an extreme value distribution by the method of moments***by*Christopeit,Norbert**174 Order independent equilibrium payoffs***by*Moldovanu,Benny Winter,Eyal**173 Capital asset price dynamics: Heterogeneity and hysteresis***by*Klein,Martin**172 Some remarks on bounded rationality***by*Selten,Reinhard**171 Price indeterminacy and bargaining in a market with indivisibilities***by*Moldovanu,Benny**170 Some results of experimental duopoly markets with demand inertia***by*Keser,Claudia**169 ECU bond prices: Private markets and political constraints***by*Klein,Martin**168 Internationale Wirtschaftspolitik: Koordination,Kooperation oder Wettbewerb?***by*Neumann,Manfred M.J.**167 Mean variance hedging for general claims***by*Schweizer,Martin**166 Hedging of contingent claims under incomplete information***by*Foellmer,Hans & Schweizer,Martin**165 Ost-West Wirtschaftsentwicklung im naechsten Jahrzehnt***by*Krelle,Wilhelm**164 The negotiation agreement area Data supplement***by*Rockenbach,Bettina & Uhlich,Gerald**163 ECU-Finanztitel: Bewertung und hedge-Eigenschaften***by*Mueller,Sigrid**162 Graphical interpretation of price indices and the impact of rebasings on measured inflation***by*Schnidt,Roland**161 Inflation expectation if the target rate of the central bank is uncertain***by*Schmidt,Roland**160 A Monte-Carlo-study and first theoretical results***by*Kottmann,Thomas Kuliberda,Irene**159 Monetary policy coordination in the european monetary system***by*von Hagen,Juergen**158 Signalling and equilibrium selection***by*Mitzkewitz,Michael**157 The option pricing approach to the valuation of country risk***by*Klein,Martin**156 Monetary and fiscal policy in a European Monetary Union Some public choice consideration***by*von Hagen,Juergen & Fratianni,Michele**155 A note on the empirical effectiveness of formal fiscal restraints***by*von Hagen,Juergen**154 Sequential bargaining,cooperative games and coalition proofness***by*Moldovanu,Benny**153 Cointegration and the demand for money- An empirical evaluation for West Germany***by*Schmidt,Roland**152 Precommitment to stability by central bank independence***by*Neumann,Manfred J.M.**151 I nessentiality of large coalitions and the approximate core property: Two equivalence theorems***by*Wooders,Holtz Myrna**150 Currency substitution and the demand for money***by*von Hagen,Juergen Neumann,Manfred J.M.**149 An axiomatization of the core for finite and continuum games***by*Winter,Eyal & Wooders,Myrna**148 The unique rule in the Barro-Gordon Framework***by*Schmidt,Roland**146 General equilibrium with a continuum of oligopolies***by*Siebe,Wilfried**145 Changes in the degree of activity and the organizational efficiency of a society as a cause for long waves in GDP***by*Krelle,Wilhelm**144 A game equilibrium model of thin markets***by*Selten,Reinhard & Wooders,Myrna**143 Seignorage,base money regimes and central bank behavior***by*Klein,Martin**142 A limit theorem for random matrices with a multiparameter***by*Schuerger,Klaus**141 The relation between economic growth and structural change***by*Krelle,Wilhelm**136 Some comments on a simple nonlinear filter***by*Christopeit,Norbert**135 Some further results on matrix monotonicity***by*Werner,Hans-Joachim**134 Nonnegative group inverses***by*Neumann,Michael & Werner Hans-Joachim**133 Learning to become rational in simultaneous equations linear models with forecast feedback***by*Kottmann,Thomas**132 Evolution,learning and economic behaviour***by*Selten,Reinhard**131 Staggered entry and unemployment durations - 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Rao`s wider definition BLUE in the general Gauss- Markov model***by*Schoenfeld,Peter & Werner,Hans-Joachim**54 Some recent results on Drazin-monotonicity of property-n matrices***by*Werner,Hans-Joachim**53 C.R. Rao`s IPM method: A geometric approach***by*Werner,Hans-Joachim**52 On weak r-monotonicity***by*Werner,Hans-Joachim**51 On Derriennic`s almost subadditive ergodic theorem***by*Schuerger,Klaus**50 Asset prices and real indeterminacy in equilibrium with financial markets***by*Werner,Jan**49 Option pricing with bounds on the underlying securities***by*Sondermann,Dieter**48 Currency options: Hedging and social value***by*Sondermann,Dieter**47 Habit persistence and the structure of international trade***by*Welsch,Heinz**46 Determination of exchange rates and capital flows for OECD countries***by*Krelle,W. & Welsch,H.**44 Ias-system Bonn Release 5 Users manuel***by*Kirchen,Alfons & Weihs,Claus & Wedi,Christoph**43 Constrained multidimensional scaling***by*Schoenfeld,Peter**42 Keynes and the long run after 50 years: We are still alive***by*Krelle,Wilhelm**41 Option pricing and optimal stopping Part I***by*Christopeit,N.**40 Asymptotic properties of least-squares estimators in seminar- tingale regression models***by*Christopeit,N.**39 Strong consistency of least squares estimators in the monotone regression model with stochastic regressors***by*Christopeit,N. & Tosstorff,G.**38 Time series of bilateral commodity flows for sixteen coun- tries and eight groups of countries***by*Gajda,J. 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The Bonn IIASA research project,theoretical background and actual state***by*Krelle,W. & Dobrinsky,R. & Gajda,J. & Ross,H. & Szekely,I. & Welsch,H.**14 The world model in detail***by*Krelle,Wilhelm**13 Die Wirtschaftswissenschaften an der Universitaet Bonn, Geschichte des wirtschaftswissenschaftlichen Bereichs der Rechts-und Staatswissenschaftlichen Fakultaet***by*Krelle,Wilhelm