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Title:Essays on Political Economy
Author(s):Chang, Jannet Kai-Jen
Doctoral Committee Chair(s):Stefan Krasa
Department / Program:Economics
Discipline:Economics
Degree Granting Institution:University of Illinois at Urbana-Champaign
Degree:Ph.D.
Genre:Dissertation
Subject(s):Economics, Theory
Abstract:Chapter Three explores how the economic environment may shape individual preferences, which are typically taken as exogenous when modeling individual behavior. Despite the fact that agents can trade at comparative prices, agents modify their preferences so that they favor the good that they are better at producing. This equilibrium is stable and unique subject to certain assumptions. Furthermore, in equilibrium, heterogenous preferences may coexist, as opposed to the monomorphic population assumption in the ESS (Evolutionarily Stable Strategy) concept.
Issue Date:2004
Type:Text
Language:English
Description:77 p.
Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2004.
URI:http://hdl.handle.net/2142/85552
Other Identifier(s):(MiAaPQ)AAI3160870
Date Available in IDEALS:2015-09-25
Date Deposited:2004


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