# Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

# STICERD - Theoretical Economics Paper Series

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**Series handle:**repec:cep:stitep

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### 1984

**100 A General-Equilibrium Model of the Transactions Demand for Money***by*Douglas Gale & Martin Hellwig

### 1983

**87 Global Incentive Constraints in Auction Design (Now published in Econometrica, vol.52, No.6 (November 1984), pp.1523-1535.)***by*John Moore**86 Existence and Price Characterisation of Sub-Game Perfect Nash Equilibria, Relative to the Class of All Continuous Functions, in Altruistic Economies (Now published as two papers in Journal of Economics, vol.44, No.4, (1984) and vol.46, no.4.)***by*John Lane & Wolfgang Leininger**85 Monopolistic Competition in the Spirit of Chamberlain: Special Results (Now published in Economic Journal, 95, (1985).)***by*Oliver Hart**84 The Competitive Stock Market as Cartel Maker: Some Examples***by*Ariel Rubinstein & Menahem E. Yaari**82 Monopolistic Competition in the Spirit of Chamberlain: A General Model (Now published in Review of Economic Studies, LII, (1985).)***by*Oliver Hart**81 Marshalls Consumer and Quality Choice***by*Anthony Horsley**80 Incentive Compatible Debt Contracts I: The One-Period Problem (Revised version now published in Review of Economic Studies (1985).)***by*Douglas Gale & Martin Hellwig**73 Implementation in Dominant Strategies Under Complete and Incomplete Information (Now published in Review of Economic Studies, LII (1985), pp.223-229.)***by*Rafael Repullo**72 Lives and Welfare (Now published as Lives and Well-Being in Social Choice and Welfare, vol.5, pp.103-126.)***by*Partha Dasgupta**71 Bargaining and Coalitions I (Now published in Game-theoretic Models of Bargaining edited by Al Roth, (Cambridge University Press, 1985).)***by*Ken Binmore**69 Implementation of Direct Mechanism Under Incomplete Information (Now published in Economic Organizations as Games, edited by K. Binmore and P. Dasgupta, (Basil Blackwell, Oxford, 1986), pp.179-195.)***by*Rafael Repullo**64 Imperfect Competition in General Equilibrium: An Overview of Recent Work (Now published in Frontiers of Economics, edited by K. Arrow and S. Honkapohja, (Basil Blackwell, Oxford, 1985).)***by*Oliver Hart**63 Involuntary Unemployment as a Perfect Equilibrium in a Bargaining Model (Now published in Econometrica, vol.52, (1984), pp.1351-1364.)***by*Avner Shaked & John Sutton**62 On the Efficiency of Equilibrium with Incomplete Markets (Now published in Journal of Economic Theory, vol.44, No.2 (1988), pp.217-230.)***by*Rafael Repullo

### 1982

**61 Reasonable Conjectures***by*Oliver Hart**60 Two Search Games on Graphs (Now published in SIAM J. Control and Optimization, vol.24, No.1 (1986), pp.66-75.)***by*Steve Alpern & M. Asic**59 Long-Term Relationships Governed by Short-Term Contracts (Now published in American Economic Review, (1988).)***by*V.P. Crawford**58 Perfect Equilibria in Bargaining Models (Now published in The Economics of Bargaining, edited by K. Binmore and P. Dasgupta, (Basil Blackwell, Oxford, 1987.)***by*Ken Binmore**57 Optimal Incentive Schemes in Multiagent Situations (Now published in Review of Economic Studies, (1984).)***by*Dilip Mookherjee**55 The Existence of Equilibrium in Discontinuous Economic Games, 2: Applications (Now published in Review of Economic Studies, LIII (1986), pp.27-41.)***by*Partha Dasgupta & Eric Maskin**54 The Existence of Equilibrium in Discontinuous Economic Games, 1: Theory (Now published in Review of Economic Studies, LIII (1986), pp.1-26.)***by*Partha Dasgupta & Eric Maskin**53 Strategic Considerations in Invention and Innovation: The Case of Natural Resources (Now published in Econometrica, vol. 51, no.5 (1983).)***by*Partha Dasgupta & Richard Gilbert & Joseph Stiglitz**52 Agglomeration as Spatial Interdependence Between Firms and Households (Now published in Journal of Economic Theory, vol.37 (1985), pp.19-31.)***by*Y.Y. Papageorgiou & J.F. Thisse**51 Natural Oligopolies and the Gains from Trade***by*Avner Shaked & John Sutton**50 Natural Oligopolies and International Trade: An Introduction (Now published in Monopolistic Competition and International Trade, (editor) H. Kierszkowski (O.U.P., 1984).)***by*Avner Shaked & John Sutton**48 Electricity Pricing for Large Supply Systems***by*Anthony Horsley**47 The Core of an Economy with Transaction Costs (Now published in Review of Economic Studies, LV (1988), pp.447-458.)***by*Rafael Repullo**46 The Theory of Technological Competition (Now published in New Developments in the Analysis of Market Structure, edited by J.E. Stiglitz and F.Mathewson (Macmillan, London and Cambridge, MA, 1986).)***by*Partha Dasgupta**45 The Timing of Sales (Now published in Review of Economic Studies, L1 (1984), p.353-368.)***by*Joel Sobel**44 Optimal Labour Contracts Under Asymmetric Information: An Introduction (Now published in Review of Economic Studies, (January 1983).)***by*Oliver Hart**43 Price Dynamics Based on the Adjustment of Firms (Now published in The American Economic Review, vol.72, No.5 (December 1982), pp.1088-1096.)***by*Hugo Sonnenschein**40 Dynamic Optimization in Non-Convex Models with Irreversible Investment: Monotonicity and Turnpike Results (Now published in Zeitschrift für National-Ökonomie (Journal of National Economics), vol.42, No.4 (1982), pp.339-362.)***by*Mukul Majumdar & Manfred Nermuth

### 1981

**37 Price Competition Among Differentiated Products: A Detailed Study of a Nash Equilibrium***by*J. Jaskold Gabszewicz & Avner Shaked & John Sutton & J.F. Thisse**36 Non-Cooperative Equilibria in Supergames with "Almost" Cooperative Outcomes***by*Dilip Mookherjee**35 Natural Oligopolies (Now published in Econometrica, vol.51, No.5, (1983), pp.1469-1483.)***by*Avner Shaked & John Sutton**34 Cournot-Nash Equilibria in Large Markets: The Case of Declining Average Cost Curves (Now published in Review of Economic Studies, vol.50, (1983), pp.347-354.)***by*Yoshiaki Ushio**26 Altruism and Pareto Optimality (Now published in Economics Letters, (1983).)***by*Joseph Greenberg**25 Human Environment as a Local Public Good (Now published in Journal of Mathematical Economics, vol.9 (1982), pp.275-283.)***by*Avner Shaked**24 Utilitarianism, Information and Rights (Now published in Utilitarianism and Beyond, edited by Amartya Sen & Bernard Williams, (Cambridge University Press, 1982).)***by*Partha Dasgupta**23 Capital Market Imperfections in Stock Market Economies***by*Douglas Gale**22 Profitability of Export Restraint (Now published in Journal of International Economics, vol.16 (1984), pp. 335-343.)***by*Yoshiyasu Ono**21 The Existence of Equilibrium in Discontinuous Economic Games, 1: Theory (Revised version now published in Review of Economic Studies, LIII (1986), pp.1-26.)***by*Partha Dasgupta & Eric Maskin**20 Imperfect Capital Markets and the Monetarist Black Box: Liquidity Constraints, Inflation and the Asymmetric Effects of Interest Rate Policy (Now published in Economic Journal, vol. 92, pp.108-128.)***by*Richard Jackman & John Sutton**19 Anti-Hotelling: Relaxing Price Competition Through Product Differentiation (Now published in Review of Economic Studies, vol.49 (January 1982), pp.3-14.)***by*Avner Shaked & John Sutton**18 Resource Pricing and Technological Innovations under Oligopoly: A Theoretical Exploration (Now published in Scandinavian Journal of Economics, vol.83 (1981), pp.289-371.)***by*Partha Dasgupta

### 1980

**/1980/17 The Kinked Demand Curve - A Theoretical Approach***by*Yoshiyasu Ono**/1980/15 Nash Bargaining Theory III (Now published in The Economics of Bargaining, edited by K. Binmore and P. Dasgupta, (Basil Blackwell, Oxford, 1987).)***by*Ken Binmore**/1980/14 Nash Bargaining Theory II (Now published in The Economics of Bargaining, edited by K. Binmore and P. Dasgupta, Basil Blackwell, Oxford, 1987.)***by*Ken Binmore**/1980/13 Perfect Equilibrium in a Bargaining Model (Now published in Econometrica, vol.50, (1982), pp. 97-100.)***by*Ariel Rubinstein**/1980/12 Imperfect Information, Perceived Quality and the Formation of Professional Groups (Now published in Journal of Economic Theory, vol.27, No.1 (1982), pp. 170-18.)***by*John Sutton**/1980/11 The Self Regulating Profession (Now published in Review of Economic Studies, vol.48 (1981), pp.217-234.)***by*Avner Shaked & John Sutton**/1980/10 Money, Equilibrium and Efficiency (Now published in Money in Equilibrium, ch. 7, (O.U.P, 1982).)***by*Douglas Gale**/1980/09 Nash Bargaining Theory I (Now published in The Economics of Bargaining, edited by K. Binmore and P. Dasgupta (Basil Blackwell, Oxford, 1987).)***by*Ken Binmore**/1980/07 The Single Profile Analogues to Multi- Profile Theorems: Mathematical Logics Approach (Now published in International Economic Review, (1984) pp.719-730.)***by*Ariel Rubinstein**/1980/04 Industrial Structure and the Nature of Innovative Activity (Now published in Economic Journal, Vol.90 (June 1980)pp.226-293.)***by*Partha Dasgupta & Joseph Stiglitz**/1980/03 A Formal Model of the Long Run Phillips Curve with Trade-off (Now published in Economica, Vol.48 (Nov.1981) pp.329-343.)***by*John Sutton