We construct an index theorem for smooth infinite economies that shows that generically the number of equilibria is odd. As a corollary, this gives a new proof of existence and gives conditions that guarantee global uniqueness of equilibria.

We present a simple proof of existence of subgame perfect equilibria in games with perfect information.

Lévy driven term structure models have become an important subject in the mathematical finance literature. This paper provides a comprehensive analysis of the Lévy driven Heath–Jarrow–Morton type term structure equation. This includes a full proof of existence and uniqueness in particular, which seems to have been lacking in the finance literature so far.

I analyze the relevance of debt composition (secured versus unsecured) for association between collateral and investment. study a negative shock to cost availability unsecured debt. A decrease in share leads reduction The substitution toward secured results asset encumbrance, higher interest rates, presence covenants. minimization financing costs is one mechanism through which priority impacts ...

We study the problem of estimating the mean of a multivariate distribution based on independent samples. The main result is the proof of existence of an estimator with a non-asymptotic sub-Gaussian performance for all distributions satisfying some mild moment assumptions.

This paper gives a proof of existence of price equilibria under certain parameters for a model of product differentiation commonly used in the empirical geographic differentiation literature. This proof is needed because the assumptions of Caplin and Nalebuff (1991) are not generally satisfied once data is introduced to geographic models. The theorem also has implications for existence in mixed...

A careful exposition of Zilber’s quasiminimal excellent classes and their categoricity is given, leading to two new results: the Lω1,ω(Q)definability assumption may be dropped, and each class is determined by its model of dimension א0. Boris Zilber developed quasiminimal excellent classes in [Zil05], in order to prove that his conjectural description of complex exponentiation was categorical. T...

We show the properties of the blowup limits of Kähler Ricci flow solutions on Fano surfaces if Riemannian curvature is unbounded. As an application, on every toric Fano surface, we prove that Kähler Ricci flow converges to a Kähler Ricci soliton metric if the initial metric has toric symmetry. Therefore we give a new Ricci flow proof of existence of Kähler Ricci soliton metrics on toric surfaces.