Research

Discussion Papers

Published Papers

The shirker's dilemma and the prospects of cooperation in large groups, with Aviad Heifetz and Jorge Peña, Theoretical Population Biology 155, 10-23 (2024) 

Cooperative dilemmas with binary actions and multiple players, with Jorge Peña, Dynamic Games and Applications 13, 1156-1193 (2023)

Sorting in iterated incumbency contests, Economic Theory 74, 1103-1140 (2022), with Samuel Häfner

Discussion Paper (SSRN), September 2017.  Older version (with additional material), August 2016

The balance condition in search-and-matching models, Econometrica 88:2, 595-618 (2020), with Stephan Lauermann and Thomas Tröger

Earlier version with some additional material: "Steady states in search-and-matching models," CRC TR 224 Discussion Paper 055, November 2018.Much earlier version with limited scope and very different proof: "Matching heterogeneous agents with a linear search technology" with Thomas Tröger, January 2009

Group size and collective action in a binary contribution game, Journal of Mathematical Economics 88, 42-51 (2020), with Jorge Peña 

Discussion Paper (SSRN), February 2020

The evolution of egg trading in simultaneous hermaphrodites, The American Naturalist 195:3, 524-533 (2020), with Jorge Peña and Oscar Puebla. 

Discussion Paper (bioRxiv), July 2019  

Group size effects in social evolution, Journal of Theoretical Biology 457, 211-220 (2018), with Jorge Peña

Discussion Paper (bioRxiv), July 2018

The implementation duality, Econometrica 86:4, 1283-1324 (2018), with Larry Samuelson

Disscussion Paper (SSRN), March 2018

Optimal search from multiple distributions with infinite horizon, Economics Letters 164, 15-18 (2018), with Jean-Michel Benkert and Igor Letina.

Discussion Paper (SSRN), December 2017

Payoff shares in two-player contests, Games 7:3, 25 (2016), with Samuel Häfner.

Open Access (MDPI)

The symmetric equilibria of symmetric voter participation games with complete information, Games and Economic Behavior 99, 71-81 (2016), with Jorge Peña.

Discussion Paper (SSRN), June 2016

Variability in group size and the evolution of collective action, Journal of Theoretical Biology 389, 72-82 (2016), with Jorge Peña.

Discussion Paper (bioRxiv), October 2015

Evolutionary dynamics of collective action in spatially structured populations, Journal of Theoretical Biology 382, 122-136 (2015), with Laurent Lehmann and Jorge Peña.

Discussion Paper (bioRxiv), June 2015

Investment and competitive matching, Econometrica 83:3, 835-896 (2015), with Larry Samuelson.

Discussion Paper (Cowles Foundation, Yale University), November 2014. Contains additional material on matching with nontransferable utility and more examples.

Existence of steady-state equilibria in matching models with search frictions, Economics Letters 131, 1-4 (2015), with Stephan Lauermann.

Discussion Paper (Faculty of Business and Economics, University of Basel), December 2014

Stable marriages and search frictions, Journal of Economic Theory 151, 163-195 (2014), with Stephan Lauermann.

Accepted Manuscript (University of Basel)

Gains from switching and evolutionary stability in multi-player matrix games, Journal of Theoretical Biology 346, 23-33 (2014), with Laurent Lehmann and Jorge Peña.

Discussion Paper (ArXiv), October 2013, Accepted Manuscript (University of Basel), December 2013

Does competitive pricing cause market breakdown under extreme adverse selection?, Journal of Economic Theory 140:1, 97-125 (2008), with George Mailath.

Discussion Paper (SSRN), August 2007

Optimal bunching without optimal control, Journal of Economic Theory 134:1, 405-420 (2007), with Larry Samuelson.

A characterization of the distributions that imply existence of linear equilibria in the Kyle model, Annals of Finance 2:1, 73-85 (2006), with Thomas Tröger.

Discussion Paper (SSRN), May 2005

Information-based relative consumption effects: correction, Econometrica 73:4, 1383-1387 (2005), with Larry Samuelson.

Strategic choice handicaps when females seek high male net viability, Journal of Theoretical Biology 221, 53-59 (2003), with Larry Samuelson.

Existence of linear equilibria in the Kyle model with multiple informed traders, Economics Letters 72:2, 159-164 (2001), with Thomas Tröger.

Discussion Paper (RePEc), January 2001

How costly is the honest signaling of need?, Journal of Theoretical Biology 197, 527-539 (1999), with Larry Samuelson.

Sequential investments and options to own, Rand Journal of Economics 29, 633-653 (1998), with Klaus Schmidt.

On testing for financial market equilibrium under asymmetric information, Journal of Political Economy 105, 1107-1113 (1997).

A dynamic model of equilibrium selection in signaling markets, Journal of Economic Theory 73, 118-156 (1997), with Larry Samuelson.

Option contracts and renegotiation: a solution to the hold-up problem, Rand Journal of Economics 26, 163-179 (1995), with Klaus Schmidt.

An evolutionary analysis of backward and forward induction, Games and Economic Behavior 5, 425-454 (1993), with Larry Samuelson.

Signalling in a dynamic labour market, Review of Economic Studies 57, 1-23 (1990), with Eric van Damme.