David G. Pearce

Professor of Economics at New York University

 Department of Economics

New York University, 19 West 4th Street, 6th Floor New York, NY 10012 Phone: (212) 992-8667 Fax: (212) 995-4186 E-mail: david.pearce@nyu.edu

Published Research

Rationalizable Strategic Behavior and the Problem of Perfection

Author: David Pearce

Econometrica, 52 (4), pp. 1029-1050, 1984.

On the Inconsistency of Certain Axioms on Solution Concepts for Non-Cooperative Games

Authors : Dilip Abreu and David Pearce

Journal of Economic Theory, 34, pp. 169-174, 1984.

Optimal Cartel Equilibria with Imperfect Monitoring

Authors: Dilip Abreu, David Pearce and Ennio Stacchetti

Journal of Economic Theory, 39, pp. 251-269, 1986.

Psychological Games and Sequential Rationality

Authors : John Geanakoplos, David Pearce and Ennio Stacchetti

Games and Economic Behavior, 1, pp. 60-79, 1989.

Toward a Theory of Discounted Repeated Games with Imperfect Monitoring

Authors : Dilip Abreu, David Pearce and Ennio Stacchetti

Econometrica, 58 (5), pp. 1041-1063, 1990.

Information and Timing in Repeated Partnerships

Authors : Dilip Abreu, Paul Milgrom and David Pearce

Econometrica, 59 (6), pp. 1713-1733, 1991.

A Perspective on Renegotiation in Repeated Games

Authors : Dilip Abreu and David Pearce

in Game Equilibrium Models II, edited by Reinhard Selten, Springer Verlag, 1991.

Repeated Games: Cooperation and Rationality

Authors : David Pearce

in Advances in Economic Theory: Sixth World Congress, edited by J. J. Lafont, 1992.

Renegotiation and Symmetry in Repeated Games

Authors : Dilip Abreu, David Pearce and Ennio Stacchetti

Journal of Economic Theory, 60 (2), pp. 217-240, 1993.

A Bound on the Proportion of Pure Strategy Equilibria in Generic Games

Authors : Faruk Gül, David Pearce and Ennio Stacchetti

Mathematics of Operations Research, 18 (3), pp. 548-552, 1993.

Forward Induction and Public Randomization

Authors : Faruk Gül and David Pearce

Journal of Economic Theory, 70 (1), pp. 43-64, 1996.

Time Consistent Taxation by a Government with Redistributive Goals

Authors : David Pearce and Ennio Stacchetti

Journal of Economic Theory, 72 (2), pp. 282-305, 1997.

The Interaction of Implicit and Explicit Contracts in Repeated Agency

Authors : David Pearce and Ennio Stacchetti

Games and Economic Behavior, 23, pp. 75-96, 1998.

Bargaining, Reputation, and Equilibrium Selection in Repeated Games with Contracts

Authors : Dilip Abreu and David Pearce

Econometrica, 75 (3), pp. 653-710, 2007.

Nonpaternalistic Sympathy and the Inefficiency of Consistent Intertemporal Plans

Authors : David Pearce

in Foundations in Economic Theory: A Volume in Honor of Hugo F. Sonnenschein, edited by Matthew O. Jackson and Andrew McLennan, Springer, 2008.

One-sided Uncertainty and Delay in Reputational Bargaining

Authors : Dilip Abreu, David Pearce and Ennio Stacchetti

Theoretical Economics, 10, pp. 719-773, 2015.

A Dynamic Reinterpretation of Nash Bargaining with Endogenous Threats

Authors : Dilip Abreu and David Pearce 

 Econometrica, 83 (4), pp. 1641-1655, 2015.  

Relational Contracts : Reputation and Renegotiation
Authors : David Pearce and Ennio Stacchetti
Journal of Institutional and Theoretical Economicsm vol 179, No. 3-4, 2023. 

Individual and Social Welfare: A Bayesian Perspective

Author : David Pearce

Frisch Memorial Lecture of the Econometric Society, 12th World Congress, forthcoming 2024. 

Working Papers

A Problem with Single Valued Solution Concepts

Authors : David Pearce

Mimeo, Princeton University, 1983

Renegotiation-proof Equilibria: Collective Rationality and Intertemporal Cooperation

Authors : David Pearce

CFDP 885, Yale University, 1987; revised 1991.

Arrow's Theorem on its Head: A Bayesian Perspective on Social Choice

Authors : David Pearce

Yale University, 1995.

A Behavioral Theory of Bargaining with Endogenous Types

Authors : Dilip Abreu and David Pearce

CFDP 1446, revise and resubmit JET, 2003.

Implementing the Nash Program in Stochastic Games

Authors : Dilip Abreu and David Pearce

Mimeo, 2013.

Reputation and Information Design

Authors : Laurent Mathevet, David Pearce and Ennio Stacchetti

Mimeo, 2019