Multiple-partners assignment game is the name used by Sotomayor [The multiple partners game, in: M. Majumdar (Ed.), Equilibrium and Dynamics: Essays in Honor of David Gale, The Macmillan Press Ltd., NewYork, 1992; The lattice structure of the set of stable outcomes of the multiple partners assignment game, Int. J. GameTheory 28 (1999) 567–583] to describe the cooperative structure of the many-t...

Two sellers with ex-ante identical products, whose qualities can be either high or low, first choose a binary information structure, modeled as the probability that the signal reveals the state. After the buyer independently draws one private signal from each information structure, the sellers then each choose a price in the second stage. We identify two equilibria in information structures, a ...

in this paper, absorption spectra of both solution and films of cyano azobenzene polymer are investigated. the analysis of overlapped absorption spectra of polymer, related to trans and cis isomers, shows that the population of cis isomers is higher than trans isomers. it means that, cyano azobenzene molecules have a folded structure in polymer, in thermal equilibrium. presence of cyano molecul...

We study a general equilibrium model with production where financial markets are incomplete. At a competitive equilibrium firms take their production and financial decisions so as to maximize their value. We show that shareholders unanimously support value maximization. Furthermore, competitive equilibria are constrained Pareto efficient. Finally the Modigliani-Miller theorem typically does not...