Skip to main content
Associate and Professor of Economics
Expertise: microeconomic theory, game theory, bounded rationality
01 December 2011
Erik Eyster and Michele Piccione
We model a competitive market where risk-neutral traders trade one risk-free and one risky asset with limited short-selling of the risky asset. Traders use incomplete theories that give statistically correct beliefs abou... Read more...
01 September 2011
Francesco Nava and Michele Piccione
The paper discusses community enforcement in infinitely repeated two-action games with local monitoring. Each player interacts with and observes only a fixed set of partners, of whom he is privately informed. The main re... Read more...
01 October 2002
Michele Piccione and Ariel Rubinstein
We model differences among agents in their ability to recognise temporal patterns of prices. Using the concept of DeBruijin sequences in two dynamic models of markets, we demonstrate the existence of equilibria in which ... Read more...