The Workshop will take place at the Administration Building of the National Technical University of Athens (Zografou)

8:15 – 8:45

 Registration.

8:45 – 9:00

Opening of the Workshop.  

Room 1

Room 2

9:00 - 11:00  

WALRASIAN EQUILIBRIUM I

GAMES I

Chairman: C. Aliprantis.

J.M. BONNISSEAU (CERMSEM)

REGULAR ECONOMIES WITH NON-ORDERED PREFERENCES

P. DEHEZ, J. DRÈZE (CORE-UCL), T. SUZUKI

MONOPOLISTIC COMPETITION A LA NEGISHI, ALSO WITH FIXED COSTS

Y. BALASKO ( CERAS) , M. TVEDE

"THE GEOMETRY OF FINITE EQUILIBRIUM DATA SETS" 

Chairman: H. Polemarhakis.

V. MARAKULIN (Russian Academy of Sciences)

CONTRACTS AND DOMINATION IN COMPETITIVE ECONOMIES

P. MONTEIRO, F. PAGE (University of Alabama)

THREE PRINCIPLES OF COMPETITIVE NONLINEAR PRICING

G. GIRAUD (University Louis Pasteur, Strasbourg), H. STAHN

"EFFICIENCY AND IMPERFECT COMPETITION WITH INCOMPLETE MARKETS"

11: 00 - 11: 30

Coffee Break

Room 1

Room 2

11: 30 - 13: 30  

MACRO I

CLUBS

Chairman: E. Dierker.

G. BLOISE (CORE-UCL), J. DRÈZE, H. POLEMARCHAKIS

MONEY AND INDETERMINACY OVER AN INFINITE HORIZON

A. GOENKA, O. POULSEN (Aarhus School of Business)

CONSTANT RETURNS TO SCALE AND INDETERMINACY WITH LABOR AUGMENTING EXTERNALITIES

J. I CONDE-RUIZ, E. GIMENEZ (University of Vigo), M. PEREZ-NIEVAS

EFFICIENCY IN AN OVERLAPPING GENERATIONS MODEL WITH ENDOGENOUS POPULATION  

Chairman: G. Stamatis.

N. ALLOUCH (University of Warwick), M.WOODERS

COMPETITIVE EQUILIBRIUM IN SOCIALLY NETWORKED ECONOMIES

H. GERSBACH, H. HALLER (Virginia Poly)

COMPETITIVE MARKETS, COLLECTIVE DECISIONS AND GROUP FORMATION

A. CHAKRABORTY, A.CITANNA (HEC-Paris)

OCCUPATIONAL CHOICE, INCENTIVES AND WEALTH DISTRIBUTION WITH AN ENDOGENOUS INTEREST RATE  

Room 1

Room 2

3:30 - 5: 30  

ASSET PRICING

COOPERATIVE GAMES I

Chairman: Y. Balasko.

C. ALIPRANTIS (Purdue University), Y.A. POLYRAKIS, R. TOURKY

THE CHEAPEST HEDGE: A PORTFOLIO DOMINANCE APPROACH

B. CORNET, L. DE BOISDEFFRE (CERMSEM)

ARBITRAGE WITH INCOMPLETE MARKETS AND ASYMMETRIC INFORMATION

L. CALVET, J.M. GRANDMONT (CREST) , I. LEMAIRE

AGGREGATION OF HETEROGENOUS BELIEFS AND ASSET PRICING IN COMPLETE FINANCIAL MARKETS

Chairman: H. Cres.

G. DE CLIPPEL, E. MINELLI (CORE-UCL)

TWO REMARKS ON THE INNER CORE

C. HARA (Cambridge University)

EFFICIENCY, EQUILIBRIUM AND CORE OF AN EXCHANGE ECONOMY WITH BADS AND INFINITELY MANY CONSUMERS

H. HERINGS (University of Maastricht), A. PEREA A.PRETETCHINSKI.

THE WEAK SEQUENTIAL CORE FOR TWO-PERIOD ECONOMIES  

5: 30 - 6: 00

Coffee Break

Room 1

Room 2

6 : 00 - 7: 20  

MACRO II

GAMES II

Chairman: E. Drandakis.

T. NAKAJIMA (Brown University), H. POLEMARCHAKIS

MONEY AND PRICES UNDER UNCERTAINTY

C. LE VAN, Y. VAILAKIS (IRES-UCL)

EXISTENCE OF A COMPETITIVE EQUILIBRIUM IN ONE SECTOR GROWTH MODEL WITH HETEROGENEOUS AGENTS AND IRREVERSIBLE INVESTMENT  

Chairman: D. Tsomocos.

J. DAVILA (University of Pennsylvania)

MULTIPLICITY, INSTABILITY AND SUNSPOTS IN GAMES

E. CARTWRIGHT (University of Warwick),  M. WOODERS

SOCIAL CONFORMITY AND APPROXIMATE PURIFICATION IN GAMES WITH INCOMPLETE INFORMATION  

Room 1

Room 2

9:00 - 11:00  

WALRASIAN EQUILIBRIUM II

DECISION THEORY

Chairman: M. Florenzano.

B. CORNET, A. YILDIZ (CERMSEM)

EXISTENCE OF EQUILIBRIA FOR ECONOMIES WITH A MEASURE SPACE  OF POSSIBLY SATIATED CONSUMERS

M. FLORIG (CERMSEM), J. RIVERA CAYUPI

EQUILIBRIUM WITH INDIVISIBLE GOODS AND PAPER MONEY

C.HERVES-BELOSO (Universidad de Vigo),  E. MORENO-GARCIA, N. C. YANNELIS

ON A CHARACTERIZATION OF COMPETITIVE EQUILIBRIUM ALLOCATIONS IN DIFFERENTIAL INFORMATION ECONOMIES

Chairman: B. Cornet.

L. RIGOTTI, C. SHANNON (U.C. Berkeley)

UNCERTAINTY AND RISK IN FINANCIAL MARKETS

S. MUKERJI, J.M. TALLON (EUREQua)

ELLSBERG’S 2-COLOR EXPERIMENT, BID-ASK BEAHAVIOR AND AMBIGUITY  

A. HEIFETZ (Tel Aviv University), C. SHANNON, Y. SPIEGEL

WHAT TO MAXIMIZE IF YOU MUST

11: 00 - 11:30

Coffee Break

Room 1

Room 2

11:30 - 13:30  

INCOMPLETE MARKETS I

GAMES III

Chairman: I. Polyrakis.

B. DUMAS, P. MAENHOUT (INSEAD)

A CENTRAL-PLANNING APPROACH TO DYNAMIC INCOMPLETE-MARKET EQUILIBRIUM

T. MOMI (University of Zurich)

HOMOTOPY AND INDEX IN INCOMPLETE MARKETS

A.ARAUJO, M. PASCOA (New University of Lisbon), J.P TORRES-MARTINEZ

INFINITE HORIZON INCOMPLETE MARKETS: LONG-LIVED ASSETS, DEFAULT AND BUBBLES  

Chairman: N. Vettas.

B. BASSAN, O. GOSSNER (THEMA, Paris X),  M. SCARSINI, S. ZAMIR

POSITIVE VALUE OF INFORMATION IN GAMES

G. ALBANO, F. GERMANO (UPF), S. LOVO

ON COLLUSIVE AND SIGNALLING EQUILIBRIA IN ASCENDING  AUCTIONS FOR MULTIPLE OBJECTS

E. SHMAYA, E. SOLAN, N. VIEILLE (HEC-Paris)

AN APPLICATION OF RAMSEY THEOREM TO STOPPING GAMES  

Room 1

Room 2

 3: 30 - 5: 30  

WALRASSIAN EQUILIBRIUM III

MATCHING

Chairman: B. Grodal.

A. DE SIMONE ( University of Naples), M.G. GRAZIANO

THE WELFARE THEOREMS IN ECONOMIES WITH PUBLIC PROJECTS

J. QUAH (Oxford University)

EQUILIBRIUM COMPARISONS AND WELFARE THEOREMS WHEN GOODS  ARE NORMAL

M. FLORENZANO, P. GOURDEL (CERMSEM) , A. JOFRÉ SUPPORTING WEAKLY PARETO OPTIMAL ALLOCATIONS IN INFINITE DIMENSIONAL NONCONVEX ECONOMIES  

Chairman: A. Citanna.

F. FORGES (THEMA, University of Cergy-Pontoise)

THE EX ANTE INCENTIVE COMPATIBLE CORE OF THE ASSIGNMENT GAME

V.I. DANILOV, G.A. KOSHEVOY, C.LANG (Geneva University)

SUBSTITUTES, COMPLEMENTS AND EQUILIBRIUM IN TWO SIDED MARKET MODELS

A.ALKAN (Sabanci University), D. GALE  

STABLE SCHEDULE MATCHING UNDER REVEALED PREFERENCE  

5: 30 - 6: 00

Coffee Break

Room 1

Room 2

6: 00 - 7: 20  

INCOMPLETE MARKETS II

INS/BANKING

Chairman: J.M.. Grandmont.

E. DIERKER, H. DIERKER , B. GRODAL (University of Copenhagen)

SMALL INCOME EFFECTS DESTROY THE CONSTRAINED EFFICIENCY OF ALL EQUILIBRIA IN FINANCE ECONOMIES WITH PRODUCTION

H.CRÈS (HEC-Paris)

SHAREHOLDERS VOTING IN INCOMPLETE MARKETS  

Chairman: D. Yannelis.

E. CATARINEU-RABELL, P. JACKSON, D. TSOMOCOS 

 (Bank of England)

PROCYCLICALITY AND THE NEW BASEL ACCORD-BANKS’CHOICE OF LOAN RATING SYSTEM

I. POLYRAKIS (NTUA Athens) , C. KOUNTZAKIS (NTUA Athens)

MINIMUM COST PORTFOLIO INSURANCE