Money

Known as: Pecuniary, Monies, Monetary items 
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or… (More)
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Highly Cited
2013
Highly Cited
2013
The literature on algorithmic mechanism design is mostly concerned with game-theoretic versions of optimization problems to which… (More)
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Highly Cited
2007
Highly Cited
2007
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org… (More)
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Highly Cited
2007
Highly Cited
2007
The goal of this paper is to extend existing search-theoretic models of fiat money, which until now have assumed that the price… (More)
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Highly Cited
2007
Highly Cited
2007
In monetary models where agents are subject to trading shocks there is typically an ex post inefficiency since some agents are… (More)
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Highly Cited
2005
Highly Cited
2005
A reduction in inflation can fuel run-ups in housing prices if people suffer from money illusion. For example, investors who… (More)
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Highly Cited
2002
Highly Cited
2002
We consider auctions used to raise money for a public good. We show that winner-pay auctions are inept fund-raising mechanisms… (More)
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Highly Cited
2000
Highly Cited
2000
This paper asks whether parents’ income per se has a positive impact on children’s abilities. Previous research has established… (More)
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Highly Cited
2000
Highly Cited
2000
In a closed economic system, money is conserved. Thus, by analogy with energy, the equilibrium probability distribution of money… (More)
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Highly Cited
1999
Highly Cited
1999
Money illusion means that people behave differently when the same objective situation is represented in nominal terms rather than… (More)
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Highly Cited
1996
Highly Cited
1996
This paper examines the sets of feasible allocations in a large class of economic environments in which commitment is impossible… (More)
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